In 2010 the President and 139 Congressional Democrats supported efforts to stop the largest tax hike on American families and small businesses from going into effect – arguing you don’t raise taxes in a down economy. How has our economy changed in the last two years?
Archive for Category: "Economy"
Why the Federal Budget Matters
[E]very dollar of revenues had been committed to Social Security, Medicare, and other so-called entitlement programs before Congress even walked in the door.
Obamacare tax kills medical device factory expansion
This is only the beginning. The CBO estimated that Obamacare will kill 800,000 jobs over the next ten years. This is Obama’s “focus on jobs”? We’d be better off if he stayed on the golf course. Can we afford four more years of economic suicide?
Taxpayers fund special, unusual perks for Memphis welfare recipients
[P]eople on government assistance attended large-scale Broadway shows and partied at one of the city’s premiere dance clubs. Welfare recipients also bought luxury items at stores such as Best Buy and Dillards. They took advantage of Memphis hotel rooms. And when they traveled away from home, they acquired Greyhound bus tickets.
Bad Economy, Bad Policy, More Poverty and Welfare Dependency
Since Obama took office, federal expenditures on welfare have increased by 41 percent, more than $193 billion per year. (Cato Institute, The American Welfare State, April 11, 2012)
Global economy in recession – Japan sinking
It should be very clear now that the global economy in aggregate is back in recession, … there has been scant attention to this possibility in media reports.
Obama’s Calculated Deception
The Obama campaign is trailblazing new realms of dishonesty in the history of American politics, bringing to America for the first time Soviet-style propaganda that flies in the direct face of reality, buttressed by dishonest, party-controlled media operations.- American Spectator
Just Open Up Your Eyes And Look – 65 Signs That The Economic Collapse Is Already Happening
Why can’t people just open their eyes and look at the evidence of economic collapse that is all around us? Yes, there are wealthy enclaves all over the country where things may seem better than ever, but that is not the reality for most Americans.
America’s Energy Jackpot – Natural Gas
The shale revolution is creating thousands of well-paying, shovel-ready jobs in Texas, North Dakota and Ohio, and thousands of indirect jobs in industries that support the shale boom (sand, drilling equipment, transportation, infrastructure, steel pipe, restaurants, etc.).
Obama administration trying to hide defense layoffs until after election
Obama’s labor department tells defense contractor’s to break the law and not send out notice of layoffs that will happen due to the budget cuts until AFTER the election. Even though there is a law that says 60 days notice must be given for layoffs it would be embarrassing and possibly damaging to Obama’s claims of “jobs focus.” But laws mean nothing to this administration as they continue to do as they please in ignoring laws that they don’t like and making new ones by executive order or regulations when they can’t get them passed in congress.