Obamanomics 101 — We Will Save You Money!!
During the election, Candidate Obama said that his social and economic policies (the stimulus package, Obamacare, etc.) would actually reduce the national debt and provide long-term economic stability. (Never mind the fact that he was doing the same tax and spend plan that most progressives think is the cure for all of society’s ills.) He said his budget plan, would actually reduce the deficit in | Read More »
Obamanomics 101 – The Stimulus Package Will Keep Unemployment Under 8%
During the presidential campaign, then candidate Obama made the downturn in the economy one of his cornerstone issues. Now, that he has been president for almost 2 ½ years, time for a “reality check” as Bill O’Reilly would say. So, welcome to Obamanomics 101 – where the math doesn’t work because the numbers don’t mean a thing. Obama’s main idea for re-invigorating the economy was | Read More »