US Action News

The fed continues the same policy initiatives even after it fails to get the desired results they were seeking at the outset of the programs.

Remember this is a president who said “under my plan electricity rates will necessarily skyrocket.” Obama seems to be doing everything he can to increase energy costs. Higher energy costs means fewer jobs. More ….

“At just 63.5 percent, participation in the labor force remains very low by historical standards and below last year’s average of 63.7 percent.”

Most of us don’t have special government-created powers to cause city-wide damage when we ask for a raise.

Dark underbelly of our federal government that reveals the super secret ways the government is spending your tax dollars! – Bankrupting America

The government is in what is known as a debt death spiral. They must borrow money to repay prior debts. It is as if they are using their Visa Card to make an American Express payment. The rate of new debt additions dwarf any rate of growth the economy can possibly achieve. The end is certain, only its timing is unknown.

[W]e’re doing the same thing that led to the 2008 blowup — we’ve learned exactly nothing. In real terms our GDP is in fact contracting by about $500 billion a quarter, after adjusting for debt expansion — that’s $2 trillion a year, more or less. – The Market Ticker

In declaring independence from Great Britain, the founders complained that the British government “has erected a multitude of New Offices, and sent hither swarms of Officers to harass our people, and eat out their substance.” “Swarms” sounds like an accurate characterization of the present American regulatory state run amuck.

“White House is hesitant to say they’re having a war on coal. On the other hand, a war on coal is exactly what’s needed.” – Daniel P. Schrag, a White House climate adviser – Weekly Standard

U.S. has “turned Japanese” with a near lost decade of job creation. We should expect results that are similarly poor as in Japan in coming decades: we use the same policy prescription for the same ailment, why wouldn’t we have the same result?