Five Years of ObamaNomics: A Progress Report

June 2014 was the fifth anniversary of the end of the 2008-09 recession.  But the US economy has not yet begun an acceptable recovery.  Polls show more than half of Americans believe we’re still in recession. According to the “advance estimate” published Wednesday by the Commerce Department, Gross Domestic Product (GDP) grew at an annualized […]

70th Anniversary of D Day

An even more moving and inspiring speech than was usually delivered by this gifted speaker. On June 6, 1984, the 40th anniversary of the D Day launch of the World War II invasion of Nazi Europe, President Ronald Reagan honored a gathering of courageous D Day veterans with a speech at the U.S. Ranger Monument, […]

Voters Choose: ObamaNomics or Reaganomics

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 […]

Obama Campaign Numerically Challenged

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 […]

Obama’s Spending Surge Bought a Feeble Economy

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.  […]

Unprecedented Jobs Crisis

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 […]

Tragedy of The Obama Presidency In One Chart

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 Obama Jobs Crisis Grinds On

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 […]

Obama’s Keynesian, Government Run Economy

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 […]

Jobs Crisis Continues, Yet The Solution is Obvious

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 […]

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