We’ve reached something of grim milestone… It has now been 1,000 days since federal government has an actual budget: I can’t say it any better than Tina Korbe: No matter what measure you use, government spending has increased since 1965. Total government spending has more than doubled. Federal spending per household has increased from $11,431 in [...]
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Video: 1,000 Days Without a Budget
Filed Under: Economy, Politics Tagged With: Barack Obama, Democrats, Federal Budget, Harry Reid, Senate
The Obama-Romney Tariff
Lord help us… Senators Chuck Schumer and Lindsey Graham are at it again, this time pushing a monumentally bad idea, called the Currency Exchange Rate Oversight Reform Act through the Senate: The world has done surprisingly well since the Great Recession began at not making things worse with trade protectionism. But that may soon change [...]
Filed Under: Education, Politics Tagged With: Barack Obama, China, Chuck Schumer, Currency Exchange Rate Oversight Reform Act, Lindsey Graham, Mitt Romney, Protectionism, Tariffs
Thoughts on the Debt Limit Debate — Updated
What we’ve seeing playing out in Washington during the debt limit debate is in many ways akin to an addict facing an intervention. Washington’s policy makers, both Democrats and Republicans, are hopelessly addicted to spending and they don’t want to admit it or to change their behavior. As a result they’re lashing out ordinary Americans [...]
Filed Under: Economy, Politics Tagged With: Barack Obama, Debt Limit, Harry Reid, House of Representatives, John Boehner, Nancy Pelosi, Senate, Tea Party
About Mark Halperin’s Comments…
Ok, so the the interwebs and talk radio are buzzing about MSNBC senior political analyst Mark Halperin’s surprisingly blunt assessment of President Barack Obama’s performance at yesterday’s press conference… From the video it’s pretty clear Morning Joe hosts Joe Scarborough and Mika Brzezinski thought Mr. Halperin was joking when he asked if the seven-second delay [...]
Filed Under: Media, Politics Tagged With: Barack Obama, Mark Halperin, Morning Joe, MSNBC
Video: The Obama Legacy — “How Do You Like Me Now”
Filed Under: Politics Tagged With: 2012 Elections, Barack Obama
Ouch: White House Chief of Staff Calls President’s Economic Policies “Indefensible”
From the Daily Caller: White House Chief of Staff Bill Daley took heat from business executives Thursday for the Obama administration’s regulatory expansions. Daley also said he didn’t have any good answers for some of what President Obama is doing and expressed frustration about the “bureaucratic stuff that’s hard to defend.” “Sometimes you can’t defend [...]
Filed Under: Economy, Politics Tagged With: Barack Obama, Bill Daley, Chief of Staff, National Association of Manufacturers, Obama Administration, White House
The President’s Job Council Not So Good at Creating Jobs
President Obama says he’s 100 percent focused on creating jobs these days, so why is taking advice from a bunch of CEOs whose companies have shed thousands of jobs over the last decade? Watch the latest video at video.foxbusiness.com Investor’s Business Daily has the highlights: • GE’s domestic workforce shrank by 25,000 — almost 16% [...]
Filed Under: Economy, Politics Tagged With: Barack Obama, Economy, Jobs Council
Breaking: White House Releases Obama’s Long-Form Birth Certificate
Fox News is reporting that the White House has released President Obama’s long-form birth certificate. He’s expected to make a public statement at 9:45 a.m. Two quick questions, first, why now? And second, will this put end to the birther movement and Donald Trump’s circus sideshow not quite presidential campaign? Updates as warranted. Update: Fox [...]
Filed Under: Breaking News Tagged With: Barack Obama, Birth Certificate
Ouch: Federal Government Posts Largest Monthly Deficit Ever
Wow, when it comes to deficit spending Barack Obama makes George W. Bush look like a piker… From The Washington Times: The federal government posted its largest monthly deficit in history in February at $223 billion, according to preliminary numbers the Congressional Budget Office released Monday morning. That figure tops last February’s record of $220.9 [...]
Filed Under: Economy, Politics Tagged With: Barack Obama, Budget Deficit, George W. Bush
Ouch: Saturday Night Live Mocks Obama’s G20 Summit Trip
It’s more or less the same skit as last time, but it’s still petty good and we are still dealing the same crappy economic policies. Ouch, the sad thing is, this really isn’t a laughing matter… I don’t think there’s intellectually honest person on the left or right who can call the results President Obama’s [...]
Filed Under: Humor, Politics Tagged With: Barack Obama, China, G20 Summit, Saturday Night Live
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