economy

Obama Delivers Largest October Deficit On Record

November 14, 2009
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As our government debates adding trillions of dollars in spending through the health care reform bill, we are reminded the sad shape of our government’s finances.  President Obama has delivered a record monthly budget deficit in his first fiscal year as president.   It was reported this week that Obama has delivered the largest October budget...
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Unemployment Continues to Rise Despite Stimulus

September 5, 2009
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Unemployment Continues to Rise Despite Stimulus

We reported earlier in the year that the stimulus bill isn’t helping the employment picture.  When the Obama administration was pushing for the bill, they said that doing nothing would push unemployment over 8%. On Friday, the labor department reported that unemployment rose to a 26 year high of 9.7 percent. Hotair.com has a...
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Political Stories You Might Have Missed 08-28-09

August 31, 2009
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As always, the world of politics continues to make headlines in the media.  Below is a list of stories that you might have missed. HR 3200 Will Cover Illegal Immigrants - Despite claims from several people in congress, the health care reform bill will cover illegal immigrants according to the congressional research service.  This is...
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Posted in Congress, Democrats, economy, Health Care, Obama | No Comments »

National Debt Set to Double

August 25, 2009
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The Office of Budget Management projected that the 2009 budget deficit would be $262 billion less than originally expected at only $1.58 trillion.  However, the estimate for the 10 year deficit rose to $9 trillion. Today it was reported that the Obama administration blames the 10 year deficit on the current crisis and the...
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Posted in Democrats, economy, Obama, Stimulus | 1 Comment »

The Stimulus is a Great Success!

July 11, 2009
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In his weekly radio address, President Obama touted the vast success of the stimulus package and that it is working exactly as intended. This seems somewhat contrary to the pitch we received earlier this year.  Earlier this year, the President said that we had to pass the stimulus NOW or else the economy would...
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Posted in Democrats, economy, Obama, Stimulus | 2 Comments »

Political Stories You Might have Missed – Week ending 6/12

June 13, 2009
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Several interesting things happened this week in the world of politics.  Here are some of the stories that you want to make sure you didn’t miss: Krugman Blames Conservatives for Murders - Paul Krugman explains why conservatives are responsible for several recent murders.  He doesn’t seem to blame himself of the left for other recent events, but...
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Posted in economy, Obama, Stimulus, Taxes | No Comments »

Stimulus Not Putting a Halt to Unemployment

June 6, 2009
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Stimulus Not Putting a Halt to Unemployment

Earlier this year we heard on and on that we had to pass massive stimulus bill to avert the certain disaster that was inherited by the current administration.  If we did not act “boldly”, we were headed off the cliff.  We were even told that if we didn’t pass the stimulus “now”, unemployment could...
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Posted in economy, Obama | 4 Comments »

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