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…

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Good 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…

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Generational theft: continued

This is really the third in a series of posts but in many ways I think is the most important. Make sure you read Unemployment estimates with and without recovery plan and The Coming economic meltdown.

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Memo To Obama: Focus

Jack Welch, former GE CEO,  on yesterday’s Morning Joe lit into the Obama economic team and Obama himself. Rome is burning boys … focus on the matter at hand. Good advice. httpv://www.youtube.com/watch?v=ub8urYtD294 Let’s see … yesterday’s distraction while 401ks continued the meltdown was “Embryonic Stem Cell Research”. Very nice. That’s help your retirement. And oh…

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The only sales the Obama administration are stimulating…

… are at the gun store. Talk of a possible ban on assault weapons has dealers and buyers scrambling. A few days after Attorney General Eric Holder mentioned that the Obama administration would like to make some gun-related changes, including reinstituting a ban on the sale of certain types of assault weapons, local gun dealers…

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