the Economy
Hollywood’s balm for the economy
What do you fear?
I fear a sneeze. As I recover from surgery, a sneeze feels as if a sneering adversary has stabbed me in the gut, and for good measure, twisted the blade. In other words, it hurts like hell. I have another fear …
Read MoreTest your knowledge of America’s financial health
By Tom Quiner 1. President Obama’s solution to our deficits and national debt is to increase taxes on productive Americans who earn over $250,000. If he gets his way, how long would these new taxes fund our federal government? a. 200 years b. 200 weeks c. 200 hours d. 200 seconds 2. How much money…
Read MorePresident Kennedy advises President Obama
By John F. Kennedy “Our true choice is not between tax reduction, on the one hand, and the avoidance of large federal deficits on the other. It is increasingly clear that no matter what party is in power, so long as our [needs] keep rising, an economy hampered by restrictive tax rates will never produce…
Read MoreThe danger of compromise
By Tom Quiner The president is playing hardball. He wants more taxes. He wants more spending. He wants Congress to cede more power to him. If Republicans don’t capitulate, they will be crucified by the Mainstream Media. With a free publicity machine at his disposal like the MSM, the president can successfully drive a wedge…
Read MoreCan I put you on?
What do Elton John and Barack Obama have in common? A song. Today is the 42ndt anniversary of Mr. John’s first live album titled 11.17.70. It was recorded on November 17th, 1970, in the A & R Studios in New York and was broadcast live on radio. A song from the recording session is relevant today …
Read MoreLayoffs mount as the reality of a 2nd Obama term sinks in
By Tom Quiner Cisco Systems just slashed 1300 jobs. In New Jersey, a retailer of discount designer brands called Daffy’s is shutting down, eliminating another 1300 jobs. The U.S. banking industry said they’ll be laying off another 17,000 jobs this year on top of last year’s 64,000 eliminated jobs. Morgan Stanley is eliminating a 1000…
Read MoreThe devastating failure of trickle-down-government
The administration is touting 13 consecutive quarters of GDP growth as proof that the economy is on a roll. In politics, you spin what you’ve got. And if you don’t have anything to spin, you make it up. Here’s the sad story. Team Obama promised us that economic growth would be at 4.3% at this point of the economic after passing its budget-busting stimulus bill in 2009.
Read MoreWhy the economy is so bad
Barack Obama and his geniuses have made things worse. Their solution of more government entitlements, record deficit spending, and dramatically more complex government regulations have produced a malaise we haven’t seen since the days of Jimmy Carter and his band of liberal geniuses. What is the difference between Barack Obama’s team and every other recent president’s? Lack of experience in the private business sector. Just look at these numbers …
Read MoreFormer Obama supporter unloads on Obama
“I can’t stand the idea of being demagogued, that is, put down by a president who has never created any jobs and who doesn’t even understand how the economy works.”
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