Category Archives: Economy

Obama: Proof That Stimulus Worked Is All The Job Losses Now

CNS News catches something interesting from The Petulant President’s presser on Monday Three days after the U.S. Department of Labor reported that the national unemployment rate had ticked up from 9.1 percent in May to 9.2 percent in June, President Barack Obama said that the loss of jobs in the public sector is “evidence” that […]

Small Businesses Aren’t Hiring, New Chamber Survey Says

Man, if only we could build some high speed rail, tackle patent reform, and do away with tax cuts for private jets, everything would be OK The U.S. labor market could stay sluggish for a while, with small-business executives reluctant to hire amid the murky economic outlook. Almost two-thirds—64%—of small-business executives surveyed said they weren’t […]

NY Times Thinks Economy Runs Thanks To Government

I’m not quite sure which is more delusional and clueless: Team Obama or the NY Times (anonymous) editorial board: The Worst Time To Slow The Economy It was not surprising to hear the Republican presidential candidates repeat their tiresome claim that excessive government spending and borrowing were behind Friday’s terrible unemployment report. It was depressing […]

Obama’s Solution To Joblessness: High Speed Rail

That, and other small ball measures, as the LA Times points out. Just the kinds of ideas one would expect from a (not my) president with virtually no experience in the private sector As White House aides search for ways to show progress on the economy, they are banking that a set of small-scale proposals […]

Obama Reduced To Playing AA Ball

For those who aren’t familiar with minor league baseball, double A baseball is two steps below playing in the majors. Sometimes, a player will jump up and play in the majors, but, will usually be dropped back to AA for more development. And, as the Politico points out, Obama is basically playing small ball, terming […]

Happy 2nd Birthday To The Economic Recovery!

One question: how’s that hopey changey thing working out for ya? Because even ABC News is wondering if you feel better yet: The Economic Recovery Turns 2: Feel Better yet? This is one anniversary few feel like celebrating. Two years after economists say the Great Recession ended, the recovery has been the weakest and most […]

CBS Poll: 39% Say US Economy Is In Permanent Decline

Here’s a spiffy little graphic from CBS News That’s NMP Obama’s, and the Democrats, economy. An 11% shift for the worse in 9 months. That’s not the only finding signaling that Americans have a negative outlook about their economic future. Only 20 percent now say the economy is getting better, the lowest number since last […]

President Abracadabra: “Hey, Here’s Another $500 Million For Manufacturing”

Following the previous post, we see once again that Obama just doesn’t understand how the private sector works, and thinks he can just blink his eyes and things magically happen President Obama on Friday will announce the launch of the Advanced Manufacturing Partnership (AMP), an initiative that would provide more than $500 million to encourage […]

Obama Can’t Even Get Economic Messaging Right

Hey, when even Carrie Budoff Brown at The Politico can barely find words to support Mr. Obama, things are seriously in the dumps for Team Hopey Changey: President Obama struggles with economic message President Barack Obama isn’t just grasping for ways to jolt the flailing economy. He’s struggling simply to find the right words to […]

Democrats Flailing Around For A Jobs Policy Heading Into 2012

Wait, wasn’t that what the political payback legislation, known as “Stimulus”, was supposed to do? Create jobs? And all the follow-up legislation? The “green jobs” initiatives? Even ObamaCare was billed as a jobs creator. None of which worked, and, it seems, made things worse, so Democrats eye new jobs agenda Senate Democrats are beginning to […]

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