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?
(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 [...]
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 team [...]
Continue reading about So, how’s that trillion-dollar stimulus working out?
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 American [...]
Continue reading about Funny math from the White House — Colorado version
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 a [...]
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..
. . . 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 with his [...]
This wonderful chart, put up by Veronique de Rugy over at The American, is even better than the chart that I’ve used off and on for months to show the staggering deficit projections resulting from the Obama Administration unsustainable economic policies. As per de Rugy’s explanations, here’s what the color bars mean:
the orange bars (up [...]
Continue reading about New and improved US deficit visualization