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Obamanomics Tag

Posted by William A. Jacobson on October 15, 2010 1 Comment

What timing.  Earlier today a reader sent me this photo, which she took in Athens, TN, for my bumper sticker collection:And moments ago, new deficit numbers were released by the federal government, showing that the annual deficit was $1.294 trillion, the second highest in history...

Posted by William A. Jacobson on October 13, 2010 16 Comments

Barack H. Obama, September 2010, as reported by The New York Times (h/t HotAir) on October 12, 2010 (emphasis mine):During our hour together, Obama told me he had no regrets about the broad direction of his presidency. But he did identify what he called “tactical lessons.” He...

Posted by William A. Jacobson on October 05, 2010 10 Comments

I posted earlier about how Cash-for-Clunkers, by driving up the values of used cars, would hit Rhode Islanders because Rhode Island municipalities tax car ownership based on the Blue Book value at December 31 of the prior year.We just received our tax bill for this...

Posted by William A. Jacobson on October 05, 2010 3 Comments

A FoxNews/Pulse Research poll of likely voters in Nevada holds some hope for Sharron Angle:Republican Sharron Angle seems to be solidifying her support in her bid to unseat Senate Majority Leader Harry Reid in Nevada.In the latest Fox News battleground state poll of likely voters, Angle...

Posted by William A. Jacobson on September 22, 2010 2 Comments

...Sounds like a plan, to me.  And a campaign theme.-------------------------------------------- Follow me on Twitter, Facebook, and YouTube...

Posted by William A. Jacobson on September 20, 2010 8 Comments

The National Bureau of Economic Research has declared that the recession ended, statistically speaking, in June 2009.  As reported by the L.A. Times:Reporting from Washington — The panel of economists that dates the nation's economic cycles declared Monday that the recession that started in December...

Posted by William A. Jacobson on September 12, 2010 12 Comments

Janet Daley at The Telegraph in Britain (h/t POWIP) has an interesting column on anti-Americanism in Europe, and how the Europeans just don't understand why we feel so strongly about our Constitution and personal freedoms.Daley makes some good points, but I particularly liked this portion of the...

Posted by William A. Jacobson on September 08, 2010 9 Comments

Obama can't let go of his war on the "rich."  It was an integral part of his campaign, and an even more integral part of his presidency.Obama's obsession with playing class warfare politics is his undoing, not because it necessarily loses him support in isolation, but because...

Posted by William A. Jacobson on September 06, 2010 29 Comments

Obama's line, in his Labor Day speech in Milwaukee before union leaders and a union crowd, that "[t]hey talk about me like a dog," is getting all the attention.But you really need to read the entire speech.  It is classic Obama, living in a time...

Posted by William A. Jacobson on September 04, 2010 13 Comments

The announcement that General Motors would sell shares in an initial public offering was greeted as vindication for the federal government bailout of GM.  The IPO would be a way to pay back taxpayers and even to generate a profit for the government.But it is...

Posted by William A. Jacobson on August 25, 2010 6 Comments

Cash for Clunkers was an abysmal failure which distorted the used car market, driving up prices and harming, most of all, poor people.But of course, you already knew that if you read this blog.  And so writes Jason Kuznicki:And the payback isn’t long in coming...

Posted by William A. Jacobson on August 25, 2010 3 Comments

Michael Bennet (D-Colo.), appointed in January 2009 to replace Ken Salazar, via the Greeley Gazette (h/t NRO):Michael Bennet, D-Colo, at a town hall meeting in Greeley last Saturday, Aug 21 said we had nothing to show for the debt incurred by the stimulus package and other expenditures...

Posted by William A. Jacobson on August 22, 2010 3 Comments

Mission accomplished.  We're just like Europe, at least in terms of Gross Domestic Product per person (emphasis mine):For quite some time, the US and the leading EU countries have been fairly comparable in terms of output per hour worked. The US has had higher output per person...

Posted by William A. Jacobson on August 07, 2010 26 Comments

I was asked by Voting Female to comment on Peggy Noonan's recent op-ed at The Wall Street Journal, America Is At Risk Of Boiling Over.The central thesis of Noonan's column is that our political leadership does not understand the rupture in society and growing anger...

Posted by William A. Jacobson on August 01, 2010 25 Comments

Allowing people to keep more of what they earn is a horrible giveaway tantamount to welfare for the rich, rendering anyone who would suggest such a thing evil and greedy.That attitude is the fundamental public policy prescription of the Democratic Party and supportive economists, as...

Posted by William A. Jacobson on July 19, 2010 1 Comment

Chalk this one up to the category of jobs destroyed by Obama (emphasis mine):The Obama administration’s push to accelerate General Motors Co. and Chrysler Group LLC dealership closings, aimed at helping the companies compete, may not have been necessary and added to unemployment, a U.S....

Posted by William A. Jacobson on July 18, 2010 3 Comments

We really do need wealthy people, after all. Wealthy Reduce Buying in a Blow to the Recovery:The economic recovery has been helped in large part by the spending of the most affluent. Now, even the rich appear to be tightening their belts.Late last year, the...

Posted by William A. Jacobson on July 16, 2010 0 Comments

It really is frustrating to hear Obama administration officials tout 3 million jobs saved or created.How many of those jobs did several miles of sidewalks in Warren, Rhode Island, save or create?Now that the project is over, the jobs are gone. But you still count...

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