Today is the very last day of the failed Obama Presidency. It seems like an appropriate time to take a look back at the epic fail that has been the Obama Hussein Obama’s presidency. Such a reverie must start with Obama’s false claims that he would not run for president in 2008. When Tim Russert, then the moderator of NBC’s “Meet the Press,” first asked Obama | Read More »
When China’s new leaders, President Xi Jinping and Premier Li Keqiang, came into power in November 2013, they denounced the previous leadership’s formula for producing growth. They were right to do so — this formula relied on export of cheap goods and government investment for growth, and benefited state-owned enterprises at the cost of private […]
As amnesty becomes Barack Obama’s latest Bright Shiny Political Object, let’s not forget the previous one: hiking the minimum wage. The Obamanomics argument for minimum wage hike is that wealth
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I made a living for many years teaching small business owners and their employees how to use a powerful and intricate computer program. “You must think we’re stupid,” they would occasionally say with a rueful chuckle, after making mistakes. Often the person making such a self-deprecating comment had recently one of those behind-the-scenes websites filled with anecdotes from computer-support techs about their goofy clients. (As | Read More »
I miss the good old days. You know, the days where honest, hardworking Democrats tried like hell to keep stories like this hidden until after major election cycles: When Kay Hagan voted for President Barack Obama’s 2009 economic stimulus package, the Democratic senator hailed it as “the best way forward for working families across North Carolina.” One of the families that later benefited is her | Read More »
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Upon arriving late (as usual) to his press conference, Obama launched into a tirade about the obstructive Republican party that has gotten in his way so often that the world is now on fire as a result. This was, in part, a way of using the bully pulpit to remind Americans how awesome the Recovery Act (Stimulus) was and that it is the reason for | Read More »
The post Obama’s Own Stimulus Predictions Show We’d Have Been Better Off Without It appeared first on RedState.
“In so far as a scientific statement speaks about reality, it must be falsifiable; and in so far as it is not falsifiable, it does not speak about reality.” Karl Popper According to Whitehouse.gov, happy days are here again, and Barack Obama is pretty much The Fonz! You see, The Executive Office of The President’s Council of Economic Advisors has released a report entitled “THE | Read More »
The post Barack Obama, Karl Popper, John Maynard Keynes And The Non-Falsifiable Recovery. appeared first on RedState.
So here we are, five years into Obama’s trillion-dollar “stimulus” program, and the only thing that got “stimulated” was the Leviathan State. I mean that fairly literally, since as Michelle Malkin reminds us, a good 75 percent of the “shovel-ready” jobs created by stimulus spending were government jobs: In 2012, Ohio State University economics professor Bill Dupor reported that more than three-quarters of the jobs created or | Read More »
It’s awfully strange to see a President simultaneously claim that his economy is (finally) on the mend… while simultaneously demanding yet another “emergency” unemployment extension. Obamanomics is a perpetual unemployment emergency. Five years on, the American economy still can’t rise from its sick bed and pull the IV tube out of its arm. Heckuva job, Obama voters! Of course, they all think it’s George Bush’s | Read More »
Michael Strain at National Affairs has a long article in which he proposes “A Jobs Agenda For the Right.” Much of his effort is devoted to getting conservatives comfortable with smart, limited macroeconomic stimulus spending, rather than opposing all such spending on principle. For example, he puts in a good word for “infrastructure” spending, albeit not on the scale of jaw-dropping madcap spending President Obama is constantly | Read More »