Recently President Obama has been beating the drum on what is necessary to achieve economic prosperity. At a press conference he mentioned that it was important to “focus” on what was needed to achieve “broad economic growth.” With the highest unemployment in 30 years, that is certainly a message that resonates with most Americans, however, [...]
Liberal policy makers seem to live in a dream world. “It is terrible that the working poor have to live on such a low minimum wage,” they say. They address this problem by arbitrarily raising the minimum wage, although many jobs are worth less than the amount they set. This leads to employers laying off many [...]
It is just like the Great Depression. We have a passionate, but misguided, President who is bent on an agenda of “doing something.” That “something” has been an agenda that members of his own Administration have described as a means of making it worse, in order to change the role of government. Obama and his [...]
Recently I interviewed Gerri Willis of the Fox Business Network on my program, the Price of Business (on CBS Radio) about the number one business story of the third quarter of the year. One area she pointed to was the decline in the Gross Domestic Product in the second quarter. She noted that, after over $700 billion [...]
Daily we see news headlines of an unemployment situation that is only worsening. It is not unusual to see nearly a half a million signing up for unemployment benefits on a single week. People keep asking, “Why doesn’t the government do something about it?” It is a fair question. However, a better question is “What [...]
One of the most exciting things I have seen in years is the rise of the “Tea Party Movement.” I have been afforded the opportunity to speak at many forums of the organization and I like to remind them of how important the up coming elections are going to be. I told a crowd of [...]
Recently the Obama Administration navigated another “jobs creation” bill through Congress. Correction, it was a “jobs preservation” bill designed to bailout fiscally irresponsible states that are about to pursue massive layoffs to get their spending back in line. If the Federal government “should” help the states, shouldn’t it be for the important functions that would [...]
I have been seeing several “reports cards” recently by political pundits, policy institutes, journalists and others who are all over the map on how to grade the President’s performance when it comes to the economy. The vast majority are providing rather low scores. I think the highest I have seen was a “C+” by a [...]
President Barack Obama has consistently defended the quality of the spending that has taken place in the stimulus package. He has repeatedly told voters how impressed he is that there has been so little waste in the spending. “If there has been any waste,” it was “miniscule,” according to the Administration. Senators Tom Coburn (R-OK) [...]
The Obama administration has continually boasted about the huge savings that the American people would receive from it sweeping health care legislation. What kind of savings is it claiming? The National Center for Policy Analysis states that the Obama government is arguing that the “reform” will reduce “the federal budget deficit by $100 billion over [...]
