Articles tagged as

Economy

Piling on Jeanne Shaheen’s Greenie green suck

And as Steve points out here (and mine), being Green means having LOTS of green – and just watching it swirl down the toilet (data points via The Enterprise Blog):

  • …candidate Obama promised to create 5 million green jobs, at the low, low cost of only $15 billion per year
  • Obama spent $90 billion of his stimulus package on green energy projects, including weatherization of buildings and development of electric vehicles. Yet, by the end of last year, just 16,100 people landed new jobs in the so-called green industry, Labor Department statistics show, far short of the 200,000 jobs the White House projected it would help create each year.
  • It is amazing to see just how badly the government can do at these things: 16,000 jobs out of 200,000 predicted is about 8%—a mere 92% underperformance rate.

Steve had this observation:

New Hampshire Senator Jeanne Shaheen cut her teeth in her first Senate race by raging about taxpayer hand outs to big oil

So, what does this do to her campaign strategy –  Did Obama just skewer a rerun of her campaign issue against big oil again (NY Times):

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Data Point – Long term unemployment

President Obama has blamed his predecessor, President Bush, for three and a half years on the economy “we inherited”.  Thoughts: I don’t remember President Reagan complaining suchly about his predecessor, President Jimmy Carter And for such a brilliant man (Punahoe, Columbia, Harvard), is this an admission that he is not a sufficiently good enough manager … Read more

Data Point – Because “Obama isn’t working”, lots of Americans are not

(H/T: Business Insider) (H/T: CNN) NOTE: the economy has to grow by 250,000 to 300,00 jobs / month  just to stay even with population growth. “Obama – isn’t working” means Obama’s Administration has not put the right policies for the economy to achieve that – nor does it seem interested in doing that either. Unemployment … Read more

What about the New Hampshire Budget?

New Hampshire Democrats are like three year oldsOne of the major themes of the New Hampshire Democrats is that the current New Hampshire Republican majority is not focusing enough on the budget and the economy, and spending too much time on other issues.   But this is an understandable position for leftists.

When the Democrats ran the entire state for four years, every session (almost every week) was about the budget, and how they had to raise more revenue.   The reason for that is that their estimates were always so distant from reality, and their over spending so profligate, that they could not help but be obsessed, at every opportunity, with trying to fix a mess of their own making.  The budget (and the economy)–how they might milk more taxes and fees out of the taxpayers or regulate and tax local businesses–was always on the agenda, often into the small hours of the morning of the day after the day they were supposed to have this all worked out by law.  So Democrat stewardship of the budget and the economy was one long, constant, cluster-***k.   (With what time they could spend ducking their budget woes wasted on trying to stomp out free speech, socializing medicine, scaring off more business, and a long laundry list of other nonsense too long to regurgitate here.)

The Republican majority, on the other hand, doing what you do at the grown-up table, already took care of  all that business in the first session.   Budget, estimates, revenues, done.   No last minute nonsense, no late night sessions.  No passing bills without hearings or making up taxes or fees they would later have to rescind–whose revenue they would then also have to “find” again and again…  and no Rube Goldbergian accounting tricks, or counting money from this year for that year, or adding in the potential sale of things like land that you will never actually sell.  None of that.

The Democrats hate the Republicans for that.

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Speaking of the modern Democrat Party roots, here’s one of their results

When you give the reins of power, you have done so because of their rhetoric.  What you actually end up with is the results of their philosophy.  Like their actions not reflecting their rhetoric: Obama PROMISED, his minions PROMISED that the Stimulus would keep more Americans off the dole and gainfully employed if we just. … Read more

Smart Girl Politics Action: “They don’t speak for us”

Smart Girl Politics Action launches “They Don’t Speak for Us” asking women to put the conversation back on real issues important to women. Women are forced everyday to make sacrifices and its time that we put pressure on Congress and this Administration to stop playing games and get back to work for the American people. … Read more

Data Point – US Manufacturing is far from dead

We hear all the time that US manufacturing has died or that it has all been moved off-shore.  Nonsense – we only got real good (and very productive) at it.  In this, it is now following Agriculture (used to be 9 out of 10 Americans were needed to grow all the food we needed – … Read more

How About Those Gas Prices?

“As you know, the government takes 40 percent of what you make. The other 60 percent, of course, taken by the gas stations.” — Jay Leno

Is this You?Been to a Gas Station Lately? Prices have spiked markedly in the last two weeks. For those of us driving Sport Utility Vehicles the effect is most pronounced. Just this week it cost nearly eighty dollars to fill my Ford Explorer’s fuel tank. It was nearly a year ago when President Obama quipped,

“If you’re complaining about the price of gas, and you’re only getting 8 miles to the gallon… you may wanna think about a trade-in”

Yes. I know..it’s an SUV….but show me a “clown car” with the performance benefits of an SUV. Fact is, there isn’t one. It appears that Obama believes middle America has the means to expend all the funds necessary to lower gasoline costs and improve efficiency. The President may well be right, but he overlooks the considerable cost one has to undertake to achieve that end.

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If the economy is getting better…(Part 7)

Obama Economy down the 'Toilet'…then why does median household income keep declining?  Overall, median household income in the United States has declined by a total of 6.8% since December 2007 once you account for inflation.

The only thing rising is debt. (Along with real unemployment, poverty…etc)

Household debt is rising because people are out of work and trying to get by on credit.  The national debt is rising because Obama lied about cutting the deficit and Democrats have added trillions to it in just a few years.  Debt we cannot pay for with more debt.

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If the economy is getting better…(Part 6)

Children in poverty Rising under Obama
Full size graph on the jump

…then why has the number of children living in poverty in America risen for four years in a row?

Isn’t it all about the children?  It is.  And in a startling bit of irony, according to the Foundation for Child Development at least, the number of children living with families at or below the poverty line, has risen about 4-5% since the year of Obama, to around 21%.  The irony is that 20% is equal to the number of American families on the Obama Plantation who are trying to live on some kind of government support.

It hasn’t been this high since 1992/93.

So if the economy is getting better, why are so many people still being forced into government assistance programs, and how can pro-government Democrats continue to insist that these programs do anything but entrench people in poverty?

Better implies moving towards a desired goal.  Are they trying to suggest that this is the kind of economy they were waiting for?

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If the economy is getting better…(Part 5)

No room for small business to grow on the Obama Plantation
No room for small business to grow on the Obama Plantation

…then why has the number of self-employed Americans fallen by more than 2 million?

It’s one thing to say you support small business, but Democrats attaching the word jobs, small-business, or main-street to every bill that comes out of congress doesn’t make it happen.  But after 2008 every press release about every vote manged to shoe-horn in some BS about how that vote would help put Americans back to work.  Really?

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If the economy is getting better…(Part 2)

…then why is the average duration of unemployment in this country close to an all-time record high?unemployment duration

With six million less jobs, thanks to Obama’s so-called recovery policies, should we be surprised that the average duration of unemployment is at or near a record high?  If you pollute the employment market, making it inhospitable to job creation–lets call it Obamagenic Employment Cooling–you have fertilized the field for long term despair.

(Full size Graph on the jump.)

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Data Point – What is the real Unemployment Rate?

“In the grey line, Nomura economists have adjusted the unemployment rate for the number of discouraged workers who have left the labor force and therefore count as unemployed in this alternative measure. (And yes, they do take into account demographic trends by age group that would influence those leaving, the largest of which is retiring … Read more

If the Economy is Getting Better….

…then why are there 6 million less jobs in America today than there were before the recession started?Obama blowed up all the jobs

This is a serious problem.  The people inside the blue bubbles and left wing ghettos can shout whatever number they want, but people are still out of work and underemployed.   Their quality of life, and standard of living are in shambles.  People who did not lose their jobs are trying to make stagnant or declining wages go further as inflation rises.  Claiming the unemployment rate has dropped makes for a great sound bite, but it doesn’t pay the bills, and neither do government hand outs.

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Quick thought on a line from Obama’s political hack, David Axelrod

On Meet The Press, David Axelrod had this to say about Romney and Bain Capital: His philosophy suggests that his emphasis is on creating profit for himself and his partners and his investors and not creating jobs. Er, that would be right.  Socialists believe that the primary role of companies is to supply jobs.  Progressives … Read more

Data Point – Prime spenders to decrease….

“…pointed us to this worrying trend.  The alarm is being sound by Harry Dent, who notes that the demographic of those in their peak spending years (age 46 to 50) has been on the decline since 2009. Based on Census data, this trend should continue until 2022.  This is is bad news when you consider … Read more

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