Tag Archives: recession
Why the Stimulus Flopped
It didn’t just fail to stimulate, it actively deterred stimulation, because it was the first explicit signal to America and the world that the Democrats’ political priorities overrode everything else. Continue reading
Posted in economics
Tagged deficit spending, economics, porkulus, recession, socialism, stimulus
Leave a comment
Celebration is Premature: The Economy is Still Contracting
Over the last two weeks, the main-stream media and the stock market have greeted new economic data released by the Commerce and Labor Departments with enthusiasm. Although these data show that the recession is not deepening as fast as it had been during previous months, they still show that the economy is contracting. Continue reading
Obama’s shifty economics
Obama has paid and will continue to pay dearly for betting on his stimulus package. Because of it, the Bush recession is becoming the Obama recession much faster than it would have had he adopted a more gradual approach to solving economic Continue reading
Obama's Issues Crumbling
At last, there is convincing evidence that Obama’s poll numbers may be descending to earth. While his approval remains high — and his personal favorability is even higher — the underlying numbers suggest that a decline may be in the offing. Even as he stands on his pedestal, the numbers under his feet are crumbling. Continue reading
Posted in current events
Tagged deficit spending, economics, healthcare, polls, recession
Leave a comment
Is Obama Delaying Economic Recovery?
By now, the current recession is officially the longest since World War II. The National Bureau of Economic Research dates the recession as starting some time during December, 2007. The longest recession since World War II was 16 months, with the average being 10 months. By today, the current recession has clearly lasted more than 16 months.
Which raises the question, are President Obama’s economic policies promoting recovery, or delaying it? Why is this the longest recession since World War II? That is a period of almost 65 years! Would other economic policies better promote economic growth? Continue reading
Posted in current events, economics
Tagged economics, obamanomics, recession, socialism, taxes
Leave a comment
