When was the following memo written? Sharp change in present economic policy is an absolute necessity. The problems of inflation and slow growth, of falling standards of living and declining productivity, of high government spending but an inadequate flow of funds for defense, of an almost endless litany of economic ills, large and small,...
President Obama frequently touts the taxpayer funded rescue of General Motors as one of his great success stories. He doesn’t mention how many people lost their jobs during the reorganization. (Or how much the taxpayers are still owed, or how private investors got screwed in the deal.) But he loves talking about workers who...
An article that appeared online the other day caught the eye of someone in the White House. It used spurious assumptions to make the case that federal spending has not increased under Obama’s watch. That didn’t stop White House spokesman Jay Carney or President Obama himself from using the article’s findings as a talking point. It...
Politico’s Mike Allen and Jim Vandehei picked up on how badly President Obama has blown the opening of his reelection campaign. It’s unknown whether they wrote the piece before or after Obama was talking about cowpies in Iowa, but surely that’s a sign that he’s off on his messaging. So nothing inspires more angst...
Each of us must decide what is most important. Each of us must either prepare for the coming contraction or hit the wall like a crash dummy.
Hey, do you remember when President Obama promised that if you like your insurance, you can keep it, even after the passage of his signature legislation? I’m sure there are a few people out there who still believe it. If you’re one of them, I certainly hope your policy lives up to the standards...
President Obama and the Democrats (well, some Democrats, anyway) have been on a tear lately, slamming Mitt Romney’s private equity record at Bain Capital. I heard that Bain’s success rate is somewhere around 80%. That’s pretty good considering that many of the businesses the firm rescued were headed towards bankruptcy. In Romney’s business, private...
Yesterday President Obama flat out lied about his spending. “Since I’ve been president, federal spending has risen at the lowest pace in nearly 60 years,” Obama saidat a campaign event in Denver, Colorado. “Yes, we’re going to streamline government,” Obama said. “There’s more waste to be cut.” Obviously he was referring to the discredited article...
Could President Obama’s excessive campaigning and fundraising be starting to take its toll? Since it’s an election year, he’s probably had less vacation time than he’s accustomed to and it seems to be having an effect on his performance. White House Dossier picked up on how he missed his cue at an appearance last...
Yesterday Mitt Romney made clear that he is in favor of school choice. He also didn’t cow-tow to the unions. Good for him. The editors of The Wall Street Journal are happy about it, too. Speaking in Washington, D.C., the GOP candidate endorsed the district’s voucher program that the Obama Administration has tried to...
President Obama may want to shut up about Mitt Romney’s experience running Bain Capital and his attacks on capitalism. He takes plenty of campaign cash from private equity executives. Other Democrats are running away from the meme. Now we find out that two of those “jobs destroyers,” as Obama calls them, are sitting on...
President Obama had no opponent in the Kentucky primary, but he only managed to pull out 57.9% of the vote. The rest went to”uncommitted.” In Arkansas John Wolfe was on the ticket, a guy most people have never heard of but still garnered 41% of the vote to the president’s 59%. Mitt Romney did...
Imagine, if you will, what would have happened if those rotten, Tea Party Republicans didn’t take over the House in 2010. Why, President Obama would have had the chance to continue on his disastrous economic path with no brakes whatsoever. He and his comrades had already spent nearly a trillion dollars in stimulus (plus...
If there is one politician I don’t envy this week it’s Newark, NJ Mayor Corey Booker. He did something that doesn’t come easy to politicians and said what he really thought. In case you missed it, he expressed his disgust at the attacks on Mitt Romney’s private equity background. Someone got to him, and...
Latest posts
Page optimized by WP Minify WordPress Plugin
Recent Comments