Contraction

I’ll Trade You 20 Trillion For A Crappy Jobless Economy

by Steve MacDonald June 25, 2014
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If you add all the Obama budgets and the deficit you get some huge number with ‘Trillions’ after it.   Democrats took the taxpayers on a spending binge that doubled the deficit, burdened them with a massive new entitlement, encouraged middling to declining growth, the worst labor participation rate in decades, record Welfare, food stamp, and […]

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GDP Adjusted – US Economy Contracts in Q1

by Steve MacDonald May 29, 2014
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US Economy Contracts in Q1 The Economy sucks for everyone except the rent seekers and people in “The Capitol” as the economy for Q1, originally estimated at 0.1% growth, has been revised to a loss of 1%. Patterico makes the best comparison I have seen so far.  This administration is shaping up to be very […]

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Backward is the New Forward

by Steve MacDonald January 30, 2013

Not all that long ago I pointed out that “Forward” is the new backward.  As we progressed into 2013, everyone inherited a tax increase courtesy of the forward progress of the Obama Administration as it kept its promise not to rasie taxes on the “middle class.  Well it has only been two weeks since then […]

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