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Democrats Floating On A River Of Denial

Here are some highlights from the unemployment data released today: WASHINGTON (MarketWatch) — The U.S. labor market weakened in September as 263,000 payroll jobs were lost and the unemployment rate…

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The U S Economy: How Bad Is It Out There?

The Obama administration has regained the lead in the expectations game on unemployment, having admitted that 10% unemployment is the new metric on which voters should be focused. The expectations…

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2010 Preview: The Democrats Are In Deep Trouble

It may become the understatement of the decade (and the next one) to say that President Obama and the Democratic Congress overreached in their legislative agenda this year. The Stimulus…

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Taxes And Unemployment

There are some interesting comments circulating today about the Democrat's plans to raise taxes. Citing the work of Cristine Romer (President Obama'a own Chief of the Council of Economic Advisers)…

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The President's Pottery Barn Economy

Following the release of Bob Woodward's book Plan of Attack (and during the worst months of the War in Iraq) the media gleefully seized on a remark used by Colin…

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State Run Media Spins Unemployment Data

The report for initial claims for unemployment insurance was just released and the media spin, not unexpectedly, is focused on a drop in first time claims. Further down the story…

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Are You Better Off Than You Were Two Years Ago?

As Americans prepare to celebrate the 4th of July it's worth asking, are you better off than you were two years ago when Democrats took over Congress? Are you better…

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President Obama's Economy Hits Another Speed Bump

I speculated recently that the worm may be turning as it relates to the Obama administration's political capital. The near Teflon like protection that a fawning press afforded him is…

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President Obama's Unemployment Promises

The president's apologists at The New York Times are putting the best possible spin on the administration's economic forecasting failures. That the Times is even writing about this subject indicates…

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Forget Everything The President Said In February

At his press conference today President Obama " >claimed that things are much worse now than could possibly have been anticipated when the stimulus legislation passed in February: Obama stressed…

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Obama's Economy: The Green Shoot Fallacy

In an earlier post I posited the question of what motivated congressional Democrats and President Obama to promulgate policies that hindered taxpayer's ability to pay off the substantial amount of…

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Liberal Democrats and Job Creation

One of the widely held beliefs among Obama apologists and congressional Democrats is that a policy of massive federal spending (stimulus, Keynesian policy…call it what you want) is more effective…

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It's official – the Stimulus failed

It's official – the Stimulus failed

Straight from the mouth of the man charged with appropriating Stimulus funds overseeing Stimulus fund distribution, VP Joe Biden: "No one realized how bad the economy was. The projections,…

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Unemployment numbers far worse for blacks

The Chicago Sun-Times is reporting: February’s higher-than-anticipated U.S. jobless rate of 8.1 percent shook America on Friday morning. It was a stat not seen since December 1983 — except in…

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