Economy

The next time that Obama or anyone in his administration says “more carbon drilled than ever before”

June 18, 2013

Oh, oops!  He’d never say carbon or hydrocarbons – that’s akin to swearing in Environmentalesee.  He’ll say gas, or oil, or natural gas; those enviros must grit their teeth to shards every time he does it.  But when he says that, “more than ever!”, remember who is really making it happen. As you can see, [ Read more ]

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Data Point – Unemployment vs Labor Market Participation

June 18, 2013

If Obama is the LightBringer, how about shedding a bit of light on those workers His economy has forgotten?  Oh yeah – he wants to bring in millions more illegal-to-legal-by-power-of-His-Word into this country.  Wonder what all those Americans-of-the-red-line (mostly, the lower skilled American worker that will have all that much harder of a time competing [ Read more ]

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Data Point – Obama’s employment policies still failing the American worker

May 4, 2013

  He owns this, not Bush.  He has no one else to blame but himself. And the people I feel most badly for are the twenty-somethings – they voted for this incompetent who has now set their lives onto the slow track. (H/T: Instapundit)

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Data Point – Failure to Launch for entrepreneurs? Or just throwing in the towel?

May 2, 2013

America has always been known as the land of opportunity – you have an idea, you have the drive, you start your own and go for that brass ring.  Unlike most, starting a new biz is not out of the ordinary and in fact, has been well accepted.  I have worked for several startups – [ Read more ]

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Data Point – US Energy Consumption per Dollar of GDP

April 28, 2013

Efficient! (H/T: AEIdeas)

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“Bad Luck” – starting to catch up with us?

March 28, 2013

I have seen the words that some of our Industrial Barons have said – their “business lightening” wouldn’t even flicker today if they had to do it all over again.  But, given a mention of the author who help give rise to our name, I decided to use it all: FEDEX FOUNDER: I Couldn’t Start [ Read more ]

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Data Point – the Obama Recovery has been EXCELLENT, yeah?

March 28, 2013

(H/T: AEI-Ideas)

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Data Point – Unemployment rate EVEN with Obama’s Stimulus

March 8, 2013

(Image H/T: AEIdeas) Drop outs from the Labor force at all time high: 89,304,000 The Corner:   Were the unemployment rate today measured against the same workforce participation as when President Obama took office four years ago, the unemployment rate today would be 10.7 percent.

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Only Taxpayers are supposed to Tighten their Belts

March 4, 2013

The Republican majority in the Belknap County Convention is fighting County tax increases. These Republicans seem to be the only people in any level of government showing concern for the bill-payers (taxpayers) most of whom are already struggling in today’s poor economy. In January, President Obama raised working people’s taxes and everyone’s cost of living. [ Read more ]

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“Obama”: “I really have no idea how money works or budgets work.”

March 3, 2013

Ain’t it the truth… (H/T:  The Blaze)

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Data Point – Household Indebtedness

February 28, 2013

“At $11.34 trillion in Q4 2012, total household debt is up from $11.31 trillion in Q3.  This suggests that the great consumer deleveraging story may be over.” (H/T: Business Insider)

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The Obama Recovery Is So Darn Good…

February 3, 2013

The recovery is so damn good that more people stopped looking for work than found a job in January.  Around 157,000 became employed while 169,000 people left the labor force. Since Obama came to office 8.5 million Americans have left the labor force.  That means that there are 8.5 million fewer jobs in the country [ Read more ]

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Data Point – Obama’s economy heading south: -0.1%

January 30, 2013

The Obama administration, I think, has figured out that the Bush excuse has expired.  But, they were happy to talk Sandy Superstorm and “The Republican fiscal cliff” – it is never, EVAH the result of their policies.  Never. Some numbers breakdown here. (H/T: AEIdeas)

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Backward is the New Forward

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 [ Read more ]

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Obama-Boehner is nothing like Reagan-O’Neill

December 21, 2012

The column in the 12/21/2012 Citizen of Laconia (www.citizen.com) titled, “History teaches us valuable lesson about taking the same side”, apparently written by Steve and Cokie Roberts, is interesting, but I see little similarity between the Reagan-O’Neill situation and the Obama-Boehner situation.  For example, Tip O’Neill was interested in following the law and passing a [ Read more ]

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Obama Promises – when does this expiration date come up for renewal?

December 21, 2012

Pray tell, if he can’t keep his promise of better results on unemployment on a massive $1 Trillion Stimulus, what is his promise on the newest $50 Billion one he wants as part of the Fiscal Cliff? (H/T: AEI)

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A sign for the times – and for the near future time?

November 7, 2012

I just don’t know if Obama knows – or considers it a feature: Unemployment at 8%, $16+Trillion in debt, $1 Trillion + annual deficit, GDP growth is the worst recovery is vapid, the Rule of Law being ignored faster and faster…. It’s fine. (H/T: Instapundit)

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Data Point – Free Trade effect on Economy, Hunger, Environment

October 28, 2012

“Contrary to the claims that “unfair” foreign competition hurts the jobs at home, the unemployment rate actually fares better in times of higher trade deficits. Bryan Riley and former Ambassador Terry Miller provide further clarification:  When the trade deficit increases, the unemployment rate decreases, and vice versa. For example, in 2009, the U.S. trade deficit [ Read more ]

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Data Point – 2012 Q3 GDP

October 26, 2012

The Bureau of Economic Analysis reported today that Q3 GDP ticked upward to 2.0 percent, after clocking in at 1.3 percent in Q2. But that headline number gives only limited amount of information. Here’s a more detailed breakdown from today’s BEA report. It could have been worse: Personal consumption improved to 2.0 percent in the [ Read more ]

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Email Doodlings – “Ah yes, the generational redistribution plan!”

October 17, 2012

Again, from ‘Grok Loyal reader in Dayton: Social Security benefits increase Skip – how is it that benefits increase when Middle America has lost 20% of their income over the last 4 yrs? I would have expected benefits to decrease, or at least freeze. Why should grandma & grandpa get a raise when I got [ Read more ]

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Romney Goes Yard

October 17, 2012

Obama still has no second term agenda and Romney has his number.

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Data Point – People added / NOT added to the Labor force since 1/2009

October 15, 2012

Obama – he’s managed the economy oh so well! (H/T: Powerline)

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Failure Is A Five Letter Word O-B-A-M-A

October 9, 2012
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Notable Quote: Adam Smith – The Avarice of ‘Princes’

October 2, 2012

…for in every country of the world, I believe, the avarice and injustice of princes and sovereign states, abusing the confidence of their subjects, have by degrees diminished the real quantity of metal, which had been originally contained in their coins. … By means of those operations, the princes and sovereign states which performed them [ Read more ]

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This seems about right – but he’s WAY too polite

September 20, 2012

‘Grok friend Chan over at Weekend Pundit has a quick succinct summary of Barack Hussein Obama’s 4 years: Despite the water-carrying the MSM is doing for Obama, the narrative has been shifting from Romney’s perceived ‘deficiencies’ to Obama’s failures, both foreign and domestic. His Middle East foreign policy has been shown to be a disaster [ Read more ]

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