Stimulus

bfwebster on November 5th, 2012

[Thanks to the links from Instapundit (Glenn Reynolds), Chaos Manor (Jerry Pournelle), and John C. Wright's Journal (John C. Wright -- what, you were expecting Karl Rove?). In fact, if you follow the  link below to my 2008 post, you'll see that I first read the poem over at Jerry Pournelle's blog, Chaos Manor.] I posted this poem [...]

Continue reading about “The Gods of the Copybook Headings” illustrated

bfwebster on November 16th, 2010

Robert Samuelson is, in my opinion, one of the most level-headed and independent business/economics journalists around. I don’t always agree with him — but when I don’t, I strongly consider that I may be wrong. His latest piece can probably be read as another shot across the bow of the stimulus efforts coming from the Fed [...]

Continue reading about Avoiding Japan’s mistakes

bfwebster on January 14th, 2010

Not so well, as it turns out (details over at Big Government). In the meantime, the Obama Administration continues to play games on “jobs created or saved”. ..bruce w..

Continue reading about How’s that trillion-dollar stimulus working out?

bfwebster on November 17th, 2009

(Hat tip to Blue Crab Boulevard.) I certainly remember Democrats and the mainstream media (the same thing, really) ranting about the millions of jobs lost under Bush, not to mention the climbing deficits. Funny how quiet they are now. I’m not sure we will see unemployment under Obama get back down to the highest point [...]

Continue reading about The silence of the (liberal) sheep

bfwebster on November 6th, 2009

You know, the massive stimulus that was absolutely necessary to keep unemployment from rising above 8.0%? Kind of missed the target, didn’t it? Anyone want to guess what unemployment will be in November 2010? November 2012? I’m willing to bet $1000 that it won’t be down to 7.0% and 5.5%, respectively, as the Obama economic [...]

Continue reading about So, how’s that trillion-dollar stimulus working out?

bfwebster on October 31st, 2009

Much like Cash for Clunkers, but on a vaster scale, the Obama stimulus package is being revealed as a fraudulent failure. The Denver Post shows that the numbers here in Colorado just don’t add up: The federal government reported Friday that Colorado created or saved 8,094 jobs through grants, loans and contracts funded by the [...]

Continue reading about Funny math from the White House — Colorado version

bfwebster on October 21st, 2009

Wondering just where that $1.4 trillion deficit comes from? Veronique de Rugy over at the Corner at National Review Online presents the breakdown: To be sure, the recession caused lower than expected tax revenue — $419 billion lower. But the bulk of the deficit is made of spending. A lot spending since it amounts to [...]

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bfwebster on October 20th, 2009

Big Government offers this chart of unemployment trends in post-WW II recessions.  Nice to see that the massive deficit spending on ‘stimulus’ has paid off so well.  ..bruce w..

Continue reading about How bad is the US job market?

bfwebster on October 5th, 2009

. . . and things are already getting interesting. ITEM: Obama throws the Dalai Lama and the entire country of Tibet under the bus (emphasis mine): In an attempt to gain favor with China, the United States pressured Tibetan representatives to postpone a meeting between the Dalai Lama and President Obama until after Obama’s summit [...]

Continue reading about Good Monday morning . . .

bfwebster on October 2nd, 2009

Don Surber zooms in on the relevant portion of reality vs. hope-and-change. Obama and the Democratic Congress sold us on a horrific “stimulus” package with the threat of 9.0 % unemployment if they failed to act. They acted, and unemployment is now approaching 10% and may hit 12% next year. In the meantime, the national [...]

Continue reading about Establishing the fallacy of goverment stimulus spending