Posts Tagged ‘ Economy ’

Completely Reckless, Completely Irresponsible from the Office of Senator Mitch McConnell Thursday, December 17, 2009 ‘And here’s the most outrageous part: at the end of this rush, they want us to vote on a bill that no one outside the Majority Leader’s conference room has even seen. That’s right. The final bill we’ll vote...
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Have you heard the news? President Obama inherited an economic mess from the Bush administration. You say that’s hardly news? But it’s been the message sounded over and over by the White House. Top Obama adviser David Axelrod said on one of the Sunday news shows, “He walked in the door, we had the...
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Persistent joblessness could pose political problems for President Barack Obama, who pushed through an ambitious $787 billion stimulus package in February intended to “save or create” 3.5 million jobs by the end of 2010. “We still think the overall trend is moving in the right direction,” said Christina Romer, chair of the President’s Council...
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The Bureau of Labor Statistics preliminary estimate for job losses for June is 467,000, which means 7.2 million people have lost their jobs since the start of the recession. The cumulative job losses over the last six months have been greater than for any other half year period since World War II, including the...
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Ari Fleischer Says It’s Bad for Our Democracy to Exempt Half the Country From Income Taxes – WSJ.com. Share on Facebook
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I’ve been telling Tickler for months now that we are beginning to see Ayn Rand’s novel Atlas Shrugged come to life. It’s horrifying. Ayn Rand defected from communist Russia in 1926 and wrote Atlas Shrugged in 1957. Needless to say she was not a fan of socialism. Noted economist Stephen Moore wrote a piece...
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The Associated-Press-as-cheerleader act is finally waning as they realize that election night euphoria is turning to a scorching case of buyers remorse, and they actually have a job to do. WASHINGTON — President Barack Obama knows Americans are unhappy that the government could rescue people who bought mansions beyond their means. But his assurance...
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A great op-ed piece by Amity Shlaes in the Wall Street Journal responding to Paul Krugman’s incessant campaigning on why New Deal spending works. Unfortunately our President-Elect seems to subscribe to Mr. Krugman’s brand of misguided economics. Some highlights from the WSJ piece: The New Deal is Mr. Obama’s context for the giant infrastructure...
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This all makes such perfect, logical sense. I can’t believe they refuse to see it. From the Wall Street Journal . . . . The incoming Obama administration and congressional Democrats are now considering a second fiscal stimulus package, estimated at more than $500 billion, to follow the Economic Stimulus Act of 2008. As...
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