It’s hard to believe a year has passed since the White House kicked off its “Recovery Summer” campaign. And it seems like only yesterday that Treasury Secretary Tim Geithner bid us all a warm “Welcome to the Recovery.” But today is not a happy anniversary. As this now-infamous stimulus chart confirms, Recovery Summer never warmed up. The stimulus didn’t work, and the federal government’s alphabet | Read More »
How Monetary Policy Has Created America’s Two Tier Economy
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson is joined by Pejman Yousefzadeh and Elizabeth Blackney to discuss how the Fed’s monetary policy has created a two tier economy and the impact that has had on the jobs market and the average American family. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. | Read More »
Will the Opposite of “Saved or Created” be “Killed or Wounded”?
Barack Obama wants everyone talking about the jobs he has saved or created, but it is time to put some attention on those jobs killed or wounded by Barack Obama. A case in point would be the oil industry. According to a report by CNS News, Barack Obama has killed or wounded 19,000 jobs due to his ban on drilling for oil. Of the 19,000 | Read More »
Jeffrey Immelt to Lead a ‘Jobs Committee’?
The President of the United States is doing what liberals do best — creating a committee to figure out why his liberal policies aren’t creating jobs. Who is he putting in charge? Jeffrey Immelt, the CEO of GE, also known as Keith Olbermann’s boss. Since Mr. Immelt took over GE, we’ve seen its financial business bailed out by the federal government, its total number of | Read More »
The Democrat’s “middle class tax cut” is a populist red herring
From the diaries, by Erick I want to make my priorities clear from the start. One: middle class families need permanent tax relief. And two: I believe we can’t afford to borrow and spend another $700 billion on permanent tax cuts for millionaires and billionaires. That is a line from President Obama’s weekly radio address last week. He’s referring to the coming tax hikes as | Read More »
Hey, California, Would You Like to Add Half a Million Jobs?
By now you’ve probably all seen this 60 Minutes report on how bad the job picture really is in California and around the country (as much as 22% unemployment). But changing that doesn’t just depend on the elections next week of politicians who understand how to get government out of the way and the economy back to work. Propositions matter, too. As we noted in | Read More »
Congressional Report: Obamacare Costs America Nearly 800,000 Jobs
Today brings us the latest report from Senators Coburn and Barrasso, the two Republican physicians who’ve been doggedly following up on all the things we were promised about Obamacare, particularly the ones that have already turned out to be flat-out lies (“The gall!” shrieks a Democrat Hill staffer). Much of the report is based on combining the findings of the nonpartisan Congressional Budget Office (CBO) | Read More »
The Inexorable McMahon Job-Creation Ad.
If you missed Dick Blumenthal’s incredibly clueless answer to Linda McMahon’s simple question “How do you create a job?” at the last debate, don’t worry: the McMahon campaign has had boiled it down to a television ad. And in the process they managed to do what was I would have thought would be the impossible; they managed to cram two minutes of idiocy into a | Read More »
McMahon wins debate – Blumenthal stumped on how to create a job
Left-leaning main stream media pundits called last night’s debate between Linda McMahon and Dick Blumenthal a draw. It wasn’t. Political neophyte McMahon not only held her own against career politician Blumenthal. She whipped Connecticut’s longtime attorney general. The decisive moment in last night’s debate between Connecticut’s U.S. Senatorial candidates Linda McMahon and Dick Blumenthal came when McMahon asked Blumenthal a simple question: “How do you create a job?” | Read More »
Winning in ’10 Means Utilizing the Power of 10
Recovery Begins on Election Day 2010. There is a rising political tide in the United States, a wave that could usher in the biggest realignment of the U.S. Congress in decades. But in order for the American people to defeat the job killers, voters must show up at the polls on November 2nd, and they have to show up big time.
The Obama Jobs Program: Ship ‘em to Sri Lanka
In June, 2010, there were roughly 14 million unemployed Americans. President Obama has made much noise about saving or creating jobs, jobs bills, and extending unemployment benefits. My dad used to say “actions speak louder than words”, and Barack Obama’s actions belie his claims to care about creation of jobs. Case in point: training programmers in Sri Lanka to offshore American jobs. Despite President Obama’s | Read More »
BP spills, Feds burn off American employers
Just six months ago I felt extremely blessed to be employed as we emerged from what will hopefully be the worst recession we face in our lifetime. I was inspired when I heard the president say in his state of the union address that his number one priority for 2010 would be jobs. Now I am disappointed that Washington seems to think my job doesn’t | Read More »
Giannoulias, Fisher go abroad to raise money from trial lawyers.
…while smoking cigarettes. Giannoulias: The Giannoulias Democratic Illinois Senate campaign confirmed Monday–after prodding from the National Republican Senatorial Campaign Committee–that Alexi Giannoulias was in Canada on Sunday attending a fund-raiser at a trial lawyer convention in Vancouver that would benefit his Senate campaign. Fisher: Democratic U.S. Senate candidate Lee Fisher was in Canada yesterday to attend a reception with a group of American trial lawyers | Read More »
GOP shuts down deficit-increasing ‘jobs’ bill.
Ace of Spades HQ sums up wonderfully (if originally profanely) the destruction of that 100 billion dollar (and 30 billion deficit-increasing) waste of tax money* known as a ‘jobs bill:’ Democrats: Give us $30 billion. GOP: Um….no. Democrats: Come on! GOP: Nah. Democrats: How come? GOP: One, I don’t have it; and two, you’re already into me for more than a trillion already. Democrats: So | Read More »
A Path To Prosperity
There’s a clear choice in the Senate race here in Ohio. I am running because I know we need a new direction. Ohio is suffering from record unemployment and continues to fall behind. Everything Washington is doing – from the higher taxes and more regulations to higher energy and health care costs and record deficits – makes it harder for Ohio to get on its | Read More »