Posts Tagged ‘economy’

Lucky 7


Why do the American people want congress to change hands to Republican control? It might have something to do with the fact that 55% of voters consider the president to be a socialist. And press secretary Robert Gibbs is right – it has tons to do with the economy, and the perception that Obama’s socialist […]

Bad For B


How bad are things for the Obama cabal? The recovery appears to be stalled, with many economists expecting a prolonged malaise to set in. The problem for Obama and Dems: While they need to argue that their policies are responsible for stabilizing the economy and putting us on the road to recovery, how do they […]

Spilling Red


More stimulus or balance the budget – which move is the right one for the U.S.? The Keynesian approach seems to be accepted as the correct one today, but Harvard economist Niall Ferguson says more stimulus spending isn’t a great answer. It’s not like we haven’t tried Keynesianism in the past. Indeed, it was orthodoxy […]

Stop Spending


Barack Obama, struggling to communicate any emotional connection to lives devastated by the Gulf Oil Crisis, could take some lessons from Rick Santelli of CNBC. It’s the same advice he’s ignoring from the American people.

Crashing Down


There’s talk at the White House of need for a new stimulus. Larry Summers, President Barack Obama’s top economic adviser, has asked Congress to “grit its teeth” and approve a fresh fiscal boost of $200bn to keep growth on track. “We are nearly 8m jobs short of normal employment. For millions of Americans the economic […]

Bad Forecast


Hot economist Nouri al Roubini isn’t optimistic about the economic outlook if the United States, among other countries, doesn’t get its debt situation under control. He’s calling on governments to cut spending and raising taxes, but doubts any one government has the political capital to do it. He recommends getting more into cash, and possibly […]

To Consider


Some things to consider… …from today’s Boston Globe: The economy needs a half million new jobs every month for the next four years, just to return to the prerecession unemployment rate of 2006. And that economy was nothing to brag about, with average wage growth lagging behind inflation since 2001. 500,000 jobs a month! Will […]

The Real News


Which is the real news? Is it the good news that the economy created 290,000 new jobs last month, or the bad news that the unemployment rate jumped to 9.9%? More confident employers stepped up job creation in April, expanding payrolls by 290,000, the most in four years. The jobless rate rose to 9.9 percent […]

Blowing It


President Obama had a tragically distracted first year courtesy of his obsession with health reform during a period in which voters’ minds were on jobs and the economy. President Obama dared congressional Republicans today to campaign for repeal of the new health care law. Now, he needs desperately to turn his attention to jobs, but […]

Fake Fight


Have you noticed the sense of urgency the President has attached to getting health care passed. Time is of the essence, even though the health coverage promised by the Castro Care legislation doesn’t kick in for a few years… and our economic survival depends on getting it passed. U.S. President Barack Obama said on Wednesday […]

The Talent


I know that liberals have an amazing Talent – a sixth sense, I suppose you’d call it. They are able to know, intuitively, when a person is motivated by bigotry. But here’s what I can’t figure out – when a victim of bias belongs to more than one protected class, how does he discern which […]

Getting Real


The Rasmussen Poll, America’s most accurate in the last election cycle, says reality is starting to catch up with the President. Overall, 52% of voters say they at least somewhat approve of the President’s performance so far. Yesterday and today are the first time that the number of voters who approve of the President’s performance […]

In the middle of a deep recession, why would you deliberately institute a huge increase in the cost of energy? Even Obama supporter Warren Buffet describes Cap and Trade as a tax. “It looks like we’re going to need more medicine, not less,” Buffett said today in a Bloomberg Television interview. “We’re going to have […]

Love is Blind


The nation is fascinated with Megan McAllister, the fiance of alleged Craiglist Killer Philip Markoff. Despite all the evidence that her man is a psychopath, Megan is stuck in the cloud of love. “All I have to say to you is Philip is a beautiful person inside and out and could not hurt a fly!” […]

It is amazing how disconnected from reality the average American is. The latest Gallup poll proves it. As his 100th day as president approaches next Wednesday, the survey shows Obama has not only maintained robust approval ratings but also bolstered the sense that he is a strong and decisive leader who can manage the government […]

Panicked Pander


How excited are Americans by the Stimulus Package? Two weeks ago, 45% supported the plan. Last week, 42% supported it. Okay. How about now? The latest Rasmussen Reports national telephone survey found that 37% favor the legislation, 43% are opposed, and 20% are not sure. In a vote of the people, if we trust the […]