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Take a few minutes today to read Prof. Walter Williams’ current Creators Syndicate column, Economic Chaos Ahead.
Last week, the Congressional Budget Office released the results of a study comparing average household income in 1979 to average household income in 2005. Over this 25 year period, the top 20% of households had a 10 point increase in their incomes (with most going to the top 1%) while the other 80% of households…
As Ed Morrissey at Hot Air said so many months ago , “if your are going to make up a number, why don’t you just say the stimulus created or saved a gazillion jobs?” Indeed … and Charles nails it. Say whatever you want, make up whatever you want, the hard numbers tell another story.
In his recent “pep talks” about Obamacare, the President has frequently mentioned the Congressional Budget Office’s findings to support his arguments. As I have read those findings, as well as those of the Office of the Actuary for Medicare and Medicaid (OACT) I am perplexed by the President’s comments. We are told that Obamacare will…
Hope and change, and of course all of this plays right into the hands of the One. Never let a crisis that you created go to waste. From The Hill (via instapundit).