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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...

Posted by William A. Jacobson on August 04, 2010 7 Comments
John McCain and John Cornyn Tom Coburn have just released a devastating report on the 100 most wasteful stimulus projects, titled Summertime Blues. Being someone who has taken an unnatural interest in Stimulus-funded sidewalks, I searched the report, and sure enough found this: 10. Town...

Posted by William A. Jacobson on July 25, 2010 6 Comments
Thanks to a reader from Rhode Island for sending photos of another multi-million dollar sidewalk project in our humble unit-of-measurement state. You will recall my now-classic post about the miles of sidewalks leading from Warren, Rhode Island, to the Massachusetts state line, Miles of Sidewalks,...

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...

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...

Posted by William A. Jacobson on July 07, 2010 18 Comments
Rhode Island is the new Arizona. No, actually, Arizona is the new Rhode Island. Despite the failure of the Rhode Island legislature to pass an Arizona-like immigration bill, Rhode Island already has implemented the critical piece of the Arizona law, checking the immigration status of...

Posted by William A. Jacobson on July 06, 2010 6 Comments
Warren, Rhode Island, has new sidewalks from the center of town down Rte 103 to the Massachusetts border, almost two miles away.  Thanks to the Stimulus Plan. I have driven that road hundreds of times, and also have cycled the route many times. I never noticed...

Posted by William A. Jacobson on July 05, 2010 15 Comments
Paul Krugman reserved July 4 for what must be a deliberate deception, Punishing the Jobless, on the issue of extending unemployment benefits, which recently failed to pass the Senate. Krugman blames Republicans, whom he terms “heartless”: By the heartless, I mean Republicans who have made...

Posted by William A. Jacobson on July 03, 2010 7 Comments
A California appeals court has upheld an Order by Gov. Arnold Schwarzennager temporarily cutting state employees back to the federal minimum wage since the California legislature has not passed a budget and is facing a $19 billion annual deficit. As reported in The San Francisco...

Posted by William A. Jacobson on March 21, 2010 28 Comments
Anyone who has read this blog before knows that since last summer I have focused on the mandate as the core evil in the various incarnations of the Democratic restructuring of the health care system. So much else that is wrong in the current bill...

Posted by William A. Jacobson on August 06, 2009 0 Comments
Much has been written about the Cash-for-Clunkers program, where people are given money by the federal government to trade up their older cars for newer models. The initial $1 billion likely will be increased by another $2 billion. The press reports reflect hundreds of thousands...
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