[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 [...]
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 [...]
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..
(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 [...]
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 [...]
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 [...]
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 [...]