Posts Tagged ‘economic’

More people out of work while imports surge

August 27th, 2010 | 1 Comment

While employment still failed to gain any traction, businesses increased their inventories and invested in infrastructure.  Usually when businesses invest heavily, you get employment.  This time however, it all came from overseas by way of imports, which surged 28%. The reason is simple, it’s so much cheaper to buy overseas than it is to try [...]

Share the wealth, create jobs now

March 19th, 2010 | No Comments

Obama wants to create jobs, here’s another suggestion: SPREAD THE WEALTH Now, that alone should appeal to Obama.  But, as with all ideological one-liners, it needs some substance to it.  “Change” sounded great, but people are realizing now without specifics, whether ignored or not mentioned, it doesn’t do anyone much good.  With spreading the wealth, [...]

Unemployment concerns

July 16th, 2009 | No Comments

Things aren’t looking for the immediate future to me.  I’m sure that’s a shocker.  But, the way I see it, even with market fluctuations and such, things are looking rough for the rest of the year.  Here’s why I feel like I do right now:   Historically, unemployment sort of stays flat using annual averages.  [...]

Harry Reid and the Dow, part II

February 10th, 2009 | 2 Comments

Harry Reid predicted last week that if the Senate did not pass the stimulus package that day, the Dow would crash.  They didn’t pass it, the Dow went up 200 points.  Last night the Senate passed a critical vote, to cut off debate and schedule a vote on the stimulus package.  This is the preamble [...]

Harry Reid and the Dow

February 6th, 2009 | 2 Comments

Yesterday Harry Reid stated that if the Senate did not pass the economic stimulus plan the stock market would crash on Friday. Funny thing happened today ( Friday ).  Barring a major sell-off, the market is UP 200 points so far on the news that the Senate did NOT pass the stimulus package. You think [...]

Tired arguments blocking economic rescue?

February 5th, 2009 | 1 Comment

This is getting confusing to me.  According to my math, the Democrats have a pretty comfortable majority in the Senate.  Currently they hold a 56-41 majority with two independents caucusing with the Dems as well.  That makes it 58-41.  Very possibly, another seat will be given to the Dems via the Minnesota courts.  In basketball, [...]

$128 billion surplus morphed to giant deficit

July 28th, 2008 | No Comments

That’s the teaser on CNN.  Here’s some of the meat: A Democratic point man on the budget, Sen. Kent Conrad of North Dakota, blasted the administration for its “reckless fiscal policies,” blaming the president’s tax cuts for driving the government into deficit and saying Bush “will be remembered as the most fiscally irresponsible president in [...]

The economy and the 2008 election

April 15th, 2008 | No Comments

“We’ve been down this road before. It’s the road that George Bush has taken for the last eight years,” Obama said. And: “The Bush economy is like a trap door — Too many people are one pink slip away, one missed mortgage payment away, one medical diagnosis away from falling through and losing everything,” Clinton [...]

Nancy Pelosi condemns Joe Biden

October 26th, 2007 | No Comments

That’s the headline you won’t see.  This is what I’m referring to: Explaining why schools in Iowa are performing better than those in Washington, D.C., Biden told the Post, “There’s less than one percent of the population of Iowa that is African American. There is probably less than four of five percent that are minorities. [...]

Do we “need” neoconservatism?

October 18th, 2006 | No Comments

Powerline points to a book by Douglas Murray called: Now, the premise here is that the country NEEDS Neoconservatism.  I don’t particularly think that’s true.  That’s about like saying the country NEEDS to grow older.  Sounds kinda harsh I know, but this is why I think this is true.  It’s pretty simple really:  In 1990, [...]