In today’s Obama legacy news, the number of Americans not in the labor force reaches an all-time high of 95 million.
The Washington Free Beacon reports:
The number of Americans not participating in the labor force hit a new record in November, exceeding 95 million for the first time, according to the latest...
Despite the multiple “Summers of Recoveries” touted by President Obama and Vice-President Biden — it seems the U.S. economy is, at best, in a stall.
Gross domestic product — the broadest measure of economic growth — contracted at a 2.9% annual rate in January through March, according to...
A good observation from Steve Kates at the Catallacy Files in Australia, on the dismal U.S. labor force participation rate, and how Australia risks following the U.S.:
US – five years into its 20 year lost decade
The Japanese have had a twenty year lost decade following their own Keynesian stimulus….
And we could...
Earlier today Prof. Jacobson covered an issue I wanted to get to, Gov’t still controls the sequester pain meter. His argument was:
The “unilateral” “across-the-board” sequester cuts seemingly absolve government of any responsibility.
Actually, the opposite is true. While some decreases in the growth of government are mandated, and government has less flexibility than...
I don’t think anyone doubts that Obama has superior bargaining power on the “fiscal cliff.”
Part of that power comes from a superior messaging machine which bizarrely has convinced the public that Republicans are holding “middle class” (including people making low six figures) “tax cuts” (which are not tax cuts, but a...
Here’s a description of the “fiscal cliff“:
So just what is this “fiscal cliff” that has the financial markets rattled and economists and policymakers alike in a tizzy over the potential for sending the economy into another tailspin?
It’s a one-two punch of expiring Bush-era tax cuts and major across-the-board spending cuts to the...
Obama wants to create a Department of Business in his second term.
So what might an Obama Business District look like?
From a reader:
After...
From Kevin Rennie’s Daily Ructions:
Greenwich, Connecticut resident Thomas Peterffy takes to the airwaves today to speak of the blessings of freedom. He’s an authority. Peterffy was born, according to Forbes, in Hungary in 1944 “during a Russian bombing raid.” He made it to America in 1965 and became a great success....
Ray Gaster has been in the news because of the sign he posted outside his business.
The sign was called to my attention by a carpet cleaner working in our house who, though not the business owner, shared Mr. Gaster’s sentiments. I did a short post about it, The “you didn’t build...
Three radio events yesterday, all related to my post Obama and Warren cribbed “build it” narrative from progressive Berkeley Professor.
1. Rush featured the post in a lengthy segment. I don’t have the audio, but the transcript is here. (Audio added via DailyRushbo):
2. I was a guest on the Lars Larson Show...
A really good political cartoon sums up the absurdity of a situation without much verbiage.
This cartoon by A.F. Branco (original here, reprinted with permission) captures perfectly how out of touch Obama is when discussing the role of government in helping individuals succeed.
Sure, taxes (including from business owners) go towards building a common...
To make it perfectly clear to those of you who want to keep more than a hunk of your money, who think you are successful because you are smarter or worked harder, who think you built that business,
good for you…
but don’t think that just because you pay 70% of income taxes that you have paid...
As you know from the primaries, I’m no fan of John Sununu.
But when it comes to Obama’s complete lack of understanding and disdain for what makes this country’s economy work, Sununu got it right yesterday
Despite the media hoopla, tell me exactly what was wrong with this statement:
In a conference call with reporters, former...
The whole outsourcing attack on Romney is stupid, because there’s no evidence he actually outsourced jobs abroad, and being able to use global labor where there is no American equivalent makes American corporations more competitive. The question is whether there were any abusive means used, and there are none as...
The most shocking thing to me about this video is not that Harvard Law Professor Robert Mangabeira Unger looks so old.
When I was in law school he was a baby-faced rising star on the faculty (his photo from that time period still is on his faculty bio). It always amazes me...
Solyndra’s LEED certified 400,000+ sq ft. facility in Fremont, California, has been for sale since mid-April.
Reader Ann was driving by the building today, and just couldn’t help but snap a photo:
Update: Thanks to commenter Liberty Jane for clarifying the image:
What is known in the media and Obama campaign speak as The Worst Recession Since The Great Depression, or The Great Recession, is Obama’s excuse for everything.
It’s Bush’s fault, Obama inherited all our problems, etc.
The Bush Great Recession is Obama’s pass to pass the buck.
So keep in mind, and repeat endlessly through November...
