Recently I stumbled on a fascinating article at ZeroHedge.com on the “50 ugliest facts about the US economy.” It paints quite a picture. I suggest you read the article in its entirety, but here are some of the facts that stuck out to me:
“According to the Tax Foundation’s Microsimulation Model, to erase the 2010 U.S. [...]
In early 2009 the Obama administration informed us that, without more subsidies, the US would see unemployment of eight percent. In a little over a year the government has spent trillions of dollars in bailouts and unemployment is now at ten percent. Furthermore, there is no sign of relief in sight. With that, Obama is trying to do [...]
I am always shocked by the type of policy proposals that come from the political left. As a rule, the left completely disregards the ability of humans to respond to policy in a protective manner — be it taxation, regulation, or licensure laws. The way individuals and businesses protect themselves is usually in a manner [...]
I grew up in Detroit, Michigan and left that city when I was 13 years old. It was bad then. The common joke among “Michiganders” that “flew” South in search of jobs and opportunities is that we hoped that “the last person who leaves turns the lights out.” That was back in the 1970s and [...]
Here’s an interesting little piece of news for your Monday morning.
Apparently, according to this AP article, President Obama is tired of how the US Constitution allows Congress to spend money, and Obama wants this changed. So, he is seeking to introduce new legislation to make it so he has more control. Nice.
It seems to always [...]
From Allison H, over at Facebook, comes this article from George F. Will detailing Greece, General Motors, and our American economy. It’s a great read and is sure to be of interest to those of you who follow the numbers.
Please to enjoy. [bold emphasis at end of article is mine]
From Investors Business Daily:
To understand the [...]
“Soak the rich” is a favorite battle cry for politicians seeking reelection and advocates of social justice, but in the end, it creates injustice for all. This will clearly be seen as a consequence of the recent health care bill, as well as with the President’s ambitious efforts to dramatically increase the tax on capital [...]
From the Washington Times:
Real personal income for Americans – excluding government payouts such as Social Security – has fallen by 3.2 percent since President Obama took office in January 2009, according to the Commerce Department’s Bureau of Economic Analysis.
For comparison, real personal income during the first 15 months in office for [...]
Americans are not a people who accept incompetence from their government. Americans are known for voicing their opinions and dissenting when it is warranted. Shoot, some Americans dissent simply for the sake of dissension, because they can and because our great Constitution allows them to do so.
Let’s not kid ourselves here, though. It is very [...]
Ah yes…the good old days when President Bush was vilified, mocked, ridiculed, parodied, and essentially shown severe disrespect from the liberal left. How I miss those days…
sarc/off
We now have a new President. He is the first President who is a Socialist, Marxist, progressive, liberal, and Democrat. Yay for Barack! In the short time he has [...]
That Racist DEA
TEA Party Video: Forget about Spreading the Wealth, Let’s start Spreading the Truth!
A Nation of Cowards
In Massachusetts, “Obama style” care is leading to firms canceling coverageMajor worries about the US economy
Dick Morris endorses Natalie Nichols, citing her as a “rising, young star” in the Republican Party
Chris Christie brings style and substance to New Jersey Politics
