May was month 16 of the Obama “stimulus” or Recovery Act.  This is the second part of a two part progress report.  The first is here This progress report will focus on some explicit promises made by President Obama and his economic team to sell us his massive stimulus scheme. Lets not forget the origins [...]

The media present each monthly jobs report as a stand-alone event.  But we put them in context as progress reports on the Obama “stimulus” or  recovery act, jammed through Congress in the third week of his Administration. The explicit promise made by President Obama and Democrats in Congress to sell the stimulus was that borrowing [...]

Scroll for updates… As the President and Congress continue to roll out the radical Obama agenda Liberty Works will continue to  hold them accountable for failing results. The political-media establishment put on a happy face and proclaimed a “better than expected” jobs report Friday.  The welcomed good news was that private sector employers created 234,000 [...]

Several readers sent emails calling our attention to continued preposterous claims by Administration officials and their media cheer leaders that in spite of the data presented in our previous article, the stimulus is “working!” Therefore, they say, we should trust their promises on a host of other initiatives including health care, financial regulation, energy regulation, [...]

President Obama and Congress scorn Constitutional limits on government power, with massive legislative initiatives that spend trillions of borrowed dollars and empower the central government to intervene in the lives of every American. Their justification for these initiatives is based not on the timeless principles of liberty and individual autonomy, but promised benefits based on [...]

UPDATE: This week President Obama began a campaign style tour to hype the “success” of the Recovery Act or “stimulus.”  He said without it there would heave been “a catastrophe.” But he did not provide any details as to the nature of the catastrophe.  Considering the data below it’s pretty difficult to characterize employment as [...]

Last January President Obama commented on job losses during December, 2008: Clearly the situation is dire.  It is deteriorating and it demands urgent and immediate action…the jobs report only underscores the need for us to move forward with a sense of urgency and common purpose.  Behind each and every one of those millions of jobs [...]

Today the President trumpeted the slight down tick in the unemployment rate from October to November as “another hopeful sign” that his $787 Billion “stimulus” program was working.  He said the unemployment statistics released today were the best since 2007.  He called it: good news, just in time for the Season of Hope He was [...]

In January President Obama’s economic team published a report, including this chart, predicting the number of jobs that would be created “or saved” by borrowing and spending $787 Billion on so-called “stimulus,” also called the Recovery Act. Blinded by their own hubris, Obama and the report’s authors promised exactly 3,675,000 jobs would be created by [...]

In January Obama’s economic team published a report, including the above chart, predicting the number of jobs that would be created “or saved” by the “stimulus” $787 Billion of borrowing and spending. The report authors, through a series of assumptions, estimates, projections, purported to determine the total at 3,675,000 jobs.  They even included figures by [...]