Tag Archives: obamanomics

Do you remember when the media were apoplexed by reports that the Defense Department during the days of Reagan were spending hundreds, hundreds of dollars on porcelain throne lids? USA Today does, or did when former Defense Sec. Caspar Weinberger died. For those who don’t, yes, there have been times when media were offended byContinue Reading

Unlike the media True Believers, I cannot cheer a four-year low in unemployment that is far above the predicted level of unemployment if Congress hadn’t passed Obama’s failure of a “stimulus” in 2009 statistically helped by the fact that so many potential workers have abandoned the labor force — if the labor force participation rateContinue Reading

He will not say so in words, nor will the media dare report it, but the president’s budget slams the door hard on the belief that the Keynesian stimulus would save the economy. When I say hard, I mean permanently: In 2009, Obama economists predicted the unemployment rate — if Congress passed the $800 billionContinue Reading

In this present crisis, government is not the solution to our problem. Government is the problem. — President Ronald Reagan We’ve had five years of believing that the American people are too blind and stupid to dig themselves out of a recession, so the federal government under the leadership of a God of All ThingsContinue Reading

An observation based on Roy‘s posts: the president has accepted that his political goals won’t help the economy, and he still champions them. He’s no longer shouting “What do you mean, there are no jobs?” at his flummoxed economists. He has “evolved” to the inevitable fallback position, what Dario Fernandez-Morera, author of  American Academy andContinue Reading

As a student of rhetoric, I noticed years ago (before he was even president) that Barack Obama’s major speeches tend to begin first by referencing the ideals of the Founders, then after having imitated the soaring rhetoric of past American luminaries, changing the focus to make it sound as if the next step for AmericanContinue Reading

If you haven’t read John Hood’s column this morning, do so. It is a thorough j’accuse of the completely irresponsible leadership of our nation by the president, his party’s Senate, and the “opposition” party’s House. Here’s how it begins, and it keeps up that blistering pace throughout: In response to four years of massive federalContinue Reading

That’s my operating assumption after just a little over a week into 2013 (examples here and here), though my concern is much older. Here’s the latest — an idea to “solve” the debt crisis by having the U.S. Mint print a trillion-dollar platinum coin. God have mercy, that’d be a “solution” akin to the oldContinue Reading