Posts Tagged ‘economic stimulus’
Economic Roundup … and the news ain’t good.
I know, I know … the recession is over. But somehow statistical confirmation is outweighed by friends and family who still can’t find jobs, and 9.7% unemployment (new figures come out this week ) is hardly reassuring. I can assure you Wall Street is worried. Predicting economic direction is tricky business .. especially now. I…
Read MoreGood thing we did that stimulus, huh? Update: Video
This chart keeps changing and not for the better. Some analysis here at Michaels Comments. But what stuns me is not that the stimulus is not working … we warned you in February that shoveling money to Democrat public works projects does not stimulate the private sector where jobs are created. It’s not that the…
Read MoreObama: “Not one dime” more in taxes … Update -Video
… if you make less than $250,000; or was it $208,000? Either way, President Obama assured Americans making less than the aforementioned figures would not pay “one more dime” in taxes. So why won’t Obama administration officials back up the boss?
Read MoreCash for clunkers breaks down
I’ve been meaning to write a post about this program for the last month or so. The way I figured it, those who took advantage of the program may be able easily end up with a used 2003 Cadillac Escalade that gets 13 miles to the gallon.
Read MoreSymptom of the Disease: Federal government paying for local cops
Fiscal responsibility is dead. Well, it probably died years ago but can we bring it back? The city of Akron, Ohio – along with other cities in the state – will be able to hire and pay 23 police officers for three years thanks to federal stimulus dollars. Of course, the string is the city…
Read MoreAnalysis: Distribution of stimulus funds to states
On Sunday, Fox News reporter John Lott actually did some analysis on the distribution of federal stimulus funds to all 50 states and found states hit hardest by the recession have received the least amount of stimulus cash. It’s not a sexy story since it includes scatter plots and trend lines, but it’s worth a…
Read MoreGoldman Sachs to US: Recession? What Recession?
Or as Terry Keenan puts it, “”What’s bad for America is good for Goldman.” I read this yesterday and I thought it was well worth bringing your attention to it. Terry Keenan, a host on Fox Business has a facinating article on how Goldman Sachs, one of the few investment bankers to not only survive…
Read MoreObama’s Slight Of Hand ….
… or pay no attention to the man behind the curtain, or which shell is the marble under, or … well you name the game. I have been ranting for weeks now about the young President’s ability to convince people that he never said what he said (“Most of the jobs created will be in…
Read MoreWhen Joe Biden speaks… Update: Obama says stimulus doing fine
well, perhaps, he should have an official White House teleprompter of his own. Remember Vice President Biden’s comments earlier this year about the swine flu? He said, and, I suspect very honestly, that he would not let his family travel by plane given the prospect that they might catch the flu. Within moments, the White House…
Read MoreVote Democrat: It could have been worse
Too much really. As Glenn Reynolds points out at Instapundit, “With a slogan like that, how could they lose?” Indeed.
Read More