obamanomics (page 2)

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    You’d think Obamanomics would hit one of its rosy less pessimistic projections just once, but no

    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…
    Jon Sanders, April 5, 2013
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    Re: Obama and unemployment

    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…
    Jon Sanders, January 22, 2013
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    Once again, Obama tries to use the Founders to make the case for collectivism

    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…
    Jon Sanders, January 21, 2013
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    Hood’s expectations

    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…
    Jon Sanders, January 11, 2013
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    Theory: any story with “trillion” in it contains more bad news for the American people

    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…
    Jon Sanders, January 8, 2013
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    The Obama diet: gorge yourselves into fitness!

    Obama actually believes we can “spend ourselves out of a downturn,” so it follows that he also believes we cannot budget-cut our way into prosperity. Today Obama continues to perfect his Demand-Curves-Slope-Upwards economic model. His idea of balance needs that 41:1 ratio of tax increases to…
    Jon Sanders, January 2, 2013
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    Way more to come in this ‘very taxing new year’

    James Pethokoukis reminds us of the president’s recent statements on taxation and the needs of his aggressive welfare state and notices that we’re only about one-third of the way into the tax hike-fest of 2013. (Again I ask where exactly do the president’s fervent disciples believe the economic…
    Jon Sanders, January 2, 2013
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    ‘A very taxing new year’ — especially for the 99.7 percent

    The Wall Street Journal breaks down the manifold negative tax shocks the “recovering” economy is about to weather, thanks to Obamacare and yesterday’s tax bill. One that I would like to highlight: As for small business, the overall tax increase this year is substantial. The new listed top rate…
    Jon Sanders, January 2, 2013