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 team [...]

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 American [...]

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 a [...]

Continue reading about Daily financial visualization

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 with his [...]

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

bfwebster on October 1st, 2009

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

bfwebster on September 10th, 2009

Sandra and I are sitting here in the DC Armory, a venerable (not aging well) structure out by RFK Stadium. This is where this morning’s kickoff meeting for the 9/12 Taxpayer March on the Capitol is taking place.
This meeting is only for the truly committed. First, it’s taking place Thursday morning, even though the March [...]

Continue reading about 9/12 Rally liveblogging — kickoff meeting