Another WPA: Matthews suggests we work on … railroads

You lefties crack me up. And you make fun of us for talking about the Reagan era. You guys can’t get the “New Deal” out of your system. You get it that the natives are restless because of high unemployment and you think you can calm those “Bible thumping, gun toting, PBR swilling, sister kissing,…

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Ouch – Holiday spending down 21% from 2008

I think this is pretty significant even though it is a survey and not actually raw data from retail outlets. Gallup monitors trends in consumer confidence and spending on a weekly basis. Although consumer confidence has been trending up since mid-November, the year-to-year percent change in consumer spending is down 25 percent and 21 percent…

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15% unemployment

Depressing. From yesterday’s Happy Hour, Cody Willard asks economist Peter Morici to gaze into the crystal ball and predict unemployment a year from now and how long before recovery. Depressing. http://www.youtube.com/watch?v=OgIdjvn_lmU

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How much more time will Obama get?

The fact that it’s not just conservatives who are asking this question is not a good sign for the young President and my guess is his people know it. Steve did a great post yesterday on the unemployment numbers (9.5%) and the fact that the only sector that is creating jobs is the government sector.…

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The coming economic meltdown

Steve posted earlier on the economy and the $800 billion stimulus package that appears to be doing nothing to lower unemployment. His biggest fear is that the Democrats will use this to go back and request more money. A legitimate fear to be sure BUT THAT IS NOT my biggest fear.

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Has Obama given up US sovereignty to world?

After last weeks G20 summit that seemed to go so well – but got nothing done – we need to ask the question concerning United States sovereignty. Has President Obama signed our country up for some sort of financial oversight board that would place US companies under international regulation? Of course, Congress needs to get…

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How Long Does Obama Have To Turn The Economy? Two Years!

Two years? Yup, two years. At least that’s what White House Advisor and part time CNN pundit tells Wolf Blitzer. He sounds kind of nervous to me, as in … this ain’t working as fast as we thought it might. Playing the American people for two years, even by the One, is a tall order.…

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