Archive » fiscal stimulus
Time for President Obama to wake up and look like he’s doing something about jobs again! Today, he’ll take to the Rose Garden with “teachers, police officers, firefighters, construction workers, small business owners and veterans” — read Big Labor supporters with a few non-union tokens tossed in — as he wags his finger again at […]
**Written by Doug Powers From the “Imagine the media reaction if Sarah Palin or Michele Bachmann had said this” file we find the transcript from President Obama’s “jobs speech” Thursday evening in which he briefly strayed from his teleprompter to add five words: We all remember Abraham Lincoln as the leader who saved our Union. […]
Great idea: Take an Entrepreneur to Capitol Hill Day; Updated: Boehner bringing a dozen job creators tonight incl. Gibson Guitars, White Castle CEOs
There’s “Take Your Daughter to Work Day.” Now, here’s a clever twist that all GOP politicians who are attending President Obama’s Redundant Festival of Failed Spending Orgies should join: “Take an Entrepreneur to Capitol Hill Day.” GOP Rep. Marsha Blackburn of Tennessee is taking Nashville-based Gibson Guitars CEO Henry Juszkiewicz, via the Memphis Daily News: […]
**Written by Doug Powers Tomorrow night, President Obama is expected to announce a $300 billion “jobs plan” (the “stimulus” that dare not speak its name). After the speech, Republicans will either be busy tailgating before the game or would rather let Obama’s “let’s try the same stuff and hope for a different result” approach serve […]
**Written by Doug Powers Does this mean goodbye “stimulus,” hello “kinetic wealth redistribution action”? Well, the image makeover probably won’t be that honest. In the used car lot of failed government programs, this sales technique is known as “same lemon, different paint job: Rep. Nancy Pelosi (D-Calif.) and House Democrats have dropped the word “stimulus” […]
“Definition of insanity” – Example #3,648
**Written by Doug Powers During President Obama’s upcoming job speech, if you do a shot whenever you hear the words “invest in clean energy” you’ll be asleep before the teleprompter’s internal cooling fan kicks into action. Not that it was necessary, but here’s yet another reason to be extremely wary of that repeated green clarion […]
**Written by Doug Powers Would it surprise you to learn that, as a replacement for outgoing economic jokester (and he also dabbles in stand-up comedy) Austan Goolsbee, President Obama plans to nominate a more conservative supply-side economist? Of course it would surprise you… but that’s not what’s going to happen. Instead, the “clunkers for clunkers” […]
**Written by Doug Powers “Plug” is the word Reuters used, so it’s possible they have a better sense of humor than I originally thought, but in any case, here’s a good head-shaker to kick off your weekend: Aug 26 (Reuters) – U.S. Vice President Joe Biden said on Friday the U.S. economy needed more stimulus […]
Natural disaster stimulus?
Definition of insanity
Same old sales pitch
Job creation is a SNAP!
It’s a Keynesian cookbook!
**Written by Doug Powers Confident? Me neither. Bloomberg: Federal Reserve policy makers may start weighing additional steps to prop up the recovery after growth fell below 1 percent in the first half of this year and economists began cutting second-half growth forecasts. “At a minimum, the FOMC will have a serious debate about the policy […]
**Written by Doug Powers It was just under two and a half years ago that President Obama said that if the economy hasn’t turned around within three years, he’d be a one-termer. White House Dossier reminds us that there are now just over six months to go until the clock runs out by Obama’s estimate. […]
**Written by Doug Powers This morning the Department of Labor released a dismal June jobs report, and guess what word the story contains: U.S. employers added 18,000 workers in June, less than forecast and the fewest in nine months, while the unemployment rate unexpectedly climbed, indicating a struggling labor market. The increase in payrolls followed […]
The cost of getting wired
**Written by Doug Powers As Jeffrey Anderson at the Weekly Standard pointed out, the White House releasing a fiscal report on the Friday before a long holiday weekend can only mean one thing: There’s not much good news in it for the White House, and, ergo, taxpayers. Such is the case with the White House […]
Did Obama Forget Those Private Jet Tax Breaks He Just Denounced Were Created By His Own Stimulus Plan?
**Written by Doug Powers Before signing the stimulus bill (aka “Porkulus”) in February of 2009, White House Deputy Press Secretary Bill Burton said that, even though the president probably hadn’t read the entire 1,079 bill cover-to-cover, he knew it was okay to sign because he had “a team of the best legislative and economic experts […]