On November 6, 1984 voters rewarded President Ronald Reagan with a record shattering reelection victory.  Twenty Eight years later November 6, 2012, President Barack Obama’s reelection odds appear to be even at best. The Commerce Department has released it’s quarterly report.  Gross Domestic Product (GDP) was up 2% during the third quarter, 2012.  While the [...]

In an appearance on MSNBC Obama spokseperson Stephanie Cutter asserted that job creation during the Obama “recovery” from recession that began 28 months ago has been better than either the Bush recovery or the Reagan Recovery.  As a service to Ms. Cutter and the Obama Campaign we compiled the data from the Bureau of Labor [...]

The First quarter 2012 GDP report was disappointing, yet again.  The economy grew a tepid 2.2% during the first quarter.  This was down from an already weak 3% in the fourth quarter of 2011.  We’re told by the political-media establishment that President Obama’s tsunami of deficit spending was a brilliant stroke that saved the economy.  [...]

They popped  Champagne corks at Obama-2012 HQ and the media cheered.  The Labor Department jobs report for February does look better than the grim statistics the Obama Administration first three years.  Employers added 227,000 jobs in February.  The January report was revised upward to 284,000, adding up to best two months since President Obama was [...]

The chart compares  GDP growth in recent quarters with the first ten quarters of the decade of strong economic growth, prosperity and job creation that began after President Reagan’s 1982 tax cuts and deregulation initiatives. In the forth quarter (October, November, December) of 2011 Gross Domestic Product, the value of all the goods and services [...]

The Labor Department released its jobs report for October: Employers added 80,000 jobs, about 65% of the monthly growth in the working age population. The Unemployment rate remained tragically high, at 9.0%. If the 2011 job growth rate continues it will take until 2016 to replace the jobs lost in 2008 and 2009. The Obama [...]

The chart compares recent GDP growth with the first nine quarters of the decade of strong economic growth, prosperity and job creation that began after President Reagan’s 1982 tax cuts and deregulation initiatives. [Continued below the chart] In the third quarter (July, August, September) of 2011 Gross Domestic Product, the value of all the goods [...]

The Labor Department released its jobs report for September: Employers added 103,000 jobs in September.  While this was an improvement over August it was less than the monthly growth in the working age population. The Unemployment rate remained unchanged at a tragically high 9.1%. If the 2011 job growth rate continues it will take five [...]

The Chart compares the results of the Obama strategy of massive government borrowing, spending and intervention in the private sector with the results of the Reagan approach of deregulation, lower income tax rates and greater liberty. Employers added ZERO new jobs in August. The statistics for June and July were revised, showing 58,000 fewer jobs [...]

The Labor Department posted a grim jobs report for June, emphasizing America’s continuing economic misery. Employers added an anemic 18,000 jobs in June.  The May number was revised downward from 54,000 to 25,000 additional jobs. The unemployment rate ticked up to from 9.1% to 9.2% If the 2011 rate of job growth continues, it will [...]