The Obama economy limps along. Economic growth missed expectations in the last quarter, growing only 2.5%. The U.S. economy expanded in the first quarter but failed to gather as much steam as expected, raising concerns of another year of sluggish…
Tag Archive for debt
More On The Obama Budget – $800 Billion Tax Hike, $7.3 Trillion In New Debt
by Lonely Conservative • • 11 Comments
OK, so we’ve already heard that President Obama’s proposed budget contains some imaginary cuts to Social Security and Medicare, but what other goodies are in there? As it turns out, it’s chock full of tax increases and new debt. …
Video: Obama’s Rhetoric Doesn’t Match Reality
by Lonely Conservative • • Comments Off
Here’s a little trip down memory lane to remind you of President Obama’s rhetoric while the national debt has been piling up. Since he’s been in office the debt has risen by about $6 trillion, but you wouldn’t know it…
This Year The Fed Bought More US Debt Than Treasury Issued
by Lonely Conservative • • 4 Comments
CNS News reported that so far this year the Federal Reserve has bought up more United States debt than the Treasury Department has issued. That doesn’t even seem possible, but somehow they found a way. By the close of business…
Dems Love Debt – Obama Campaign, DNC Ended 2012 In Debt
by Lonely Conservative • • 1 Comment
Democrats run their campaigns like they’re running the country – with lots of debt. President Barack Obama’s re-election campaign and the Democratic National Committee ended 2012 with large debts. Campaign finance reports filed Thursday show Obama’s campaign ended the year…
Fed Holding Of US Debt At All Time High
by Lonely Conservative • • 1 Comment
The Federal Reserve’s holdings of US government debt have risen to a new all time high. In data released Thursday afternoon, the Federal Reserve revealed that its holdings of U.S. government debt had increased to an all-time record of $1,696,691,000,000 as of…
Infographic – The Soaring Cost Of College Tuition
by Lonely Conservative • • 2 Comments
Political and education leaders are constantly telling us that every student must go to college. The problem – the cost of college continues to soar and many college graduates end up with low paying jobs and high levels of student…
New York $63 Billion In Debt, Comptroller Worries About Ability To Spend
by Lonely Conservative • • 2 Comments
New York state is the second most indebted state in the union. It’s so bad the comptroller is afraid they won’t be able to continue spending money. (Gee, he’s just noticing this now?) New York’s debt has climbed so high…
Obama Has Some Nerve Lecturing About The Debt Ceiling From His Vacation In Hawaii
by Lonely Conservative • • 9 Comments
President Obama delivered his weekly video address from his plush Hawaiian vacation. This vacation, like all of the others, is costing the taxpayers millions of dollars, yet he has the nerve to lecture about the debt ceiling. If he was…
The Truth About The Debt Limit
by Lonely Conservative • • 1 Comment
The Washington Examiner’s Conn Carroll takes issue with Buzz Feed’s characterization of the debt limit as simply being an authorization to make good on debts the government has racked up by previous congresses. Basically, Buzz Feed’s John Stanton was just…
Federal Government Borrows 46 Cents For Every Dollar It Spends
by Lonely Conservative • • 6 Comments
While President Obama is out campaigning for higher taxes on a few people that won’t do anything about the national debt, the government is piling on the debt by borrowing 46 cents for every dollar it spends. The federal government…
Tax Cheat Tim Geithner Wants To Get Rid Of The Debt Ceiling
by Lonely Conservative • • 6 Comments
Treasury Secretary Timothy Geithner, the tax cheat, wants to do away with the debt ceiling. As Doug Ross noted, “When the founders warned of men without virtue, they had the likes of Tim Geithner in mind.” No doubt, President Obama approves…
Oh Look – Here Comes Another Downgrade For America
by Lonely Conservative • • 9 Comments
Don’t you just love the way new like this was held until after the election? The United States of America is probably going to be downgraded again, according to the State Department. Actually, it came out on election day, but…
Under Obama Federal Government Spends $11 For Every $7 It Brings In
by Lonely Conservative • • 16 Comments
The Weekly Standard has dubbed Obama the 7/11 President, not because a job at 7-Eleven is the best some people can hope for these days, but because of the massive amount of federal spending that has occurred under his watch.…