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    The Federal Stimulus finally over

    While many of us think the bailout and the federal stimulus was something that just occurred during the recession, here is a press release from the financial services committee about the end to quantitate easing.  Many believe the next recession is just around the corner, maybe this time the…
    Sarah Curry, October 29, 2014
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    Happy 5th anniversary, colossal failure!

    The Wall Street Journal reminds us that five years ago today, President Obama signed the massive stimulus bill into law. He did this because, apparently, White House message crafters were still five years out from discovering what a great thing it is for people to be “liberated” from…
    Jon Sanders, February 17, 2014
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    Obama’s exorbitant green jobs put Reagan’s scandalous toilet seats to shame

    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…
    Jon Sanders, May 9, 2013
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    Obama tacitly admits: the stimulus WAS a colossal failure

    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 —…
    Jon Sanders, April 10, 2013
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    Oh, but the NEXT jobs bill will really work!

    A couple of weeks ago I called it “a highly cherished fiction by policymakers that they are the ones who create the jobs,” going on to compare politicians’ role in job creation with highways’ role in car creation: It’s also dangerous fiction, because these bills and programs require transferring…
    Jon Sanders, March 5, 2012
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    Not again! On WPTF: Rejecting the clamor for more “stimulus” spending

    This morning, Donna and Rick Martinez of WPTF had a Wake Forest University professor, David Coates, on their radio show, and he advocated more deficit spending than is already going on at the federal level. What?! As though federal officials haven’t already dug a deep enough…
    Fergus Hodgson, January 23, 2012
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    Lee County lies?

    I am sure that fans of the Locker Room have read the excellent Carolina Journal story about Jeff Moss, the superintendent of Lee County Schools who does not mind that teachers use their students to lobby the state legislature for more moola. If you ask me, Moss and Sharon…
    Terry Stoops, June 17, 2011
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    Nesbitt circulates misleading chart

    According to the Charlotte Observer, Senate Minority Leader Martin Nesbitt this afternoon sent around a new report from the Southern Regional Education Board. It suggests that most Southern states are increasing spending on education, not cutting it, and that North Carolina is cutting at all levels of education more…
    Terry Stoops, June 9, 2011