Browsing All posts tagged under »Obama Economic Policies«

The Real State Of The Economy – Not Obama’s Lies

May 12, 2014 by

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By Alan Caruba ~ My Father was a Certified Public Accountant and so is my older brother, now comfortably retired in Florida. I tell you this because I would be hard-pressed to balance my checkbook. Even so, you do not have to be smart with numbers to know that the real state of the U.S. […]

Obama’s Deliberate Destruction Of The Economy

December 4, 2013 by

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By Alan Caruba ~ “The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance.”  ~ Cicero […]

The Economy? It Must Be The GOP’s Fault, Right?

July 24, 2013 by

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By Alan Caruba ~ Oh goody, the President is about to launch another series of speeches to address the economic stagnation for which he is to blame. Just what we all need—another speech. He is going to blame Republicans for the failure of his economic policies and he going to do it because it works. […]

When Honesty Becomes Optional

March 3, 2013 by

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By Frank Salvato ~ Back in February of 2012 – in what seems like a political eternity ago, I dared to broach the subject of honesty in American politics. Being equally disgruntled with the establishment Republicans, as was I (and still am) with the entirety of the Left side of the aisle, I provided instance […]

Because They’re Allowed To

February 10, 2013 by

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By Tom McLaughlin ~ Lots of things caused the Great Recession we’re in, but the biggest was the subprime mortgage crisis. And what caused that? Government meddling in the housing market, that’s what. Guess we’ll never do that again, right? Wrong. We’re at it again and this time it’s worse. The full faith and credit […]

The Economy Is A Lot Worse Than You Think

January 30, 2013 by

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By Alan Caruba ~ Most Americans know the economy is in bad shape even if a majority voted to reelect the man most responsible for making a bad economy worse. And, no, it was not George W. Bush who is responsible for the 2008 financial crash. It was the government with its housing programs that […]

Obama Admin Revised Food Stamp Participation Report to Show Larger Increase Than Under Bush 43 — After the Election

January 28, 2013 by

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By Tom Blumer ~ Here’s something I discovered in the course of preparing a column which will appear elsewhere. It appears to speak to the lengths to which Barack Obama’s administration and his campaign went to avoid having any kind of bad economic news appear before the fall elections. By July of last year, the […]

How Not to Run a Nation

January 2, 2013 by

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By Alan Caruba ~ The political farce that ended 2012 and began 2013 has surely made the United States a laughingstock among the nations of the world. The sharp divisions between liberals and conservatives in Congress led to desperate last minute negotiations to avoid a “fiscal cliff” that faced the nation’s taxpayers and that still […]

A Failed Congress

December 26, 2012 by

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By Alan Caruba ~ This is for all those who voted to reelect Obama or those who stayed home on Election Day 2012 because they found Republican candidates who talked about unemployment and the need for more jobs unappealing. The blame falls on the Democratic Party that controls the Senate and the White House. The blame falls […]

Short Memories, Long Term Consequences

December 14, 2012 by

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By Alan Caruba ~ As a nation, as citizens, we seem to have developed the memory span of fungus. We move on to whatever new scandal, crisis or distraction comes along and it all seems to have the shelf life of a loaf of bread. Does anyone remember “Benghazi” at this point? Al Qaeda attacked […]

A Glimpse of the Fiscal Future

December 13, 2012 by

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By Alan Caruba ~ A recent Rasmussen poll indicated that 53% of likely voters still think Obama is doing a good job. And that’s the bad news. A majority—though a slim one—reelected Obama, but in a democracy that’s enough. As for myself, if I were a psychiatrist, I would have to conclude that I have […]

Aristotle Had It Figured Out Long Ago

November 12, 2012 by

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By Alan Caruba ~ The renowned Greek philosopher, Aristotle, was born in 348 B.C.E. in northern Greece. When he was seventeen he moved to Athens to study under Plato. He would go on to serve Philip II of Macedon as a tutor to his son Alexander who would later be known as “the Great” for […]

The World Is Broke

October 16, 2012 by

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By Alan Caruba ~ Every time I go to get gasoline or to the supermarket, my dollar buys less and less as the price of everything goes up. It is not the fault of banks, speculators, or any of the usual suspects. It is the fault of the U.S. government and the Federal Reserve. It […]

The U.S. is on a Suicide Watch

January 18, 2012 by

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By Alan Caruba ~ In 1991, the Soviet Union, arguably the greatest experiment in Communism, collapsed. After Mao Zedong died in 1976, his successors moved to shift its Communist economy to one that embraced Capitalism while retaining centralized government control. Following World War Two, the recovering nations of Europe were rescued from Communism by the […]

Raiding of the Treasury to Bribe the Irresponsible

January 16, 2012 by

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By Frank Salvato: A little publicized political story, if played out to the satisfaction of California Democrats (read: Progressives), would not only set the stage for a politically motivated raid on the US Treasury, it would afford President Obama, his administration and political operatives plausible deniability in any “coincidental” benefit to Mr. Obama’s re-election campaign. […]

‘Lies, Damned Lies and Statistics’

January 5, 2012 by

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By Frank Hill Mark Twain gets attributed this great quote although he tried to say he got it from Benjamin Disraeli, the great British Prime Minister and statesman of the middle 19th century. But no one can find that quote for sure in any of Disraeli’s writings so, so much for attribution and chalk up […]

U.S. Presidents Ranked by Budget Deficits

January 2, 2012 by

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By Rob Bluey Over the past 50 years, 10 U.S. presidents have made annual budget requests to Congress, projecting deficits both big and small. But no other president compares to Barack Obama when it comes to the size and scale of the current budget deficit facing the United States. The country is facing an 8.3 percent […]

Spending More has Never Worked!

December 4, 2011 by

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By Alan Caruba Ask any financial advisor what to do when you are drowning in debt and they will tell you to spend less and pay down your debt. This is just common sense. However, if you ask politicians what to do, they will advise that the nation spend more and borrow more. Despite a […]

McDonald’s CEO: Cut Taxes and Spending to Super Size Job Growth

November 8, 2011 by

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By Mike Brownfield Want to get the economy growing again? McDonald’s CEO Jim Skinner says that Washington needs to cut taxes and get spending under control in order to make that happen. The Telegraph reports: “The question is, how can we get the ox out of the ditch?” Mr. Skinner said. “In order to create […]

Public Fears of a Gangster Government

November 6, 2011 by

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By Alan Caruba Even though it has changed ownership over the years, I still go to the bank branch where I have conducted my affairs since I was in my teens and that is a long time ago. Bank of America runs it now and, by all reports, it is financially sound. Even so, these […]

Jobs? Obama? Impeach Him!

September 1, 2011 by

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By Alan Caruba America is dying a death by a thousand cuts in the form of hidden and explicit taxation, the insane generation of new regulations, and the resulting massive unemployment. Obama just selected a new economic advisor who is known to favor a value-added tax that would drive up the cost of everything you purchase. […]

Giveaway Nation

August 19, 2011 by

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By Alan Caruba I am not sure that Americans, the generations born since the New Deal of the 1930s, are ready to give up all the goodies that the federal government provides. My father’s and my generation found comfort in Social Security checks and Medicare payments, but as the late Nobel Prize winning economist, Milton […]

A Horrible Week for Global Socialism

August 16, 2011 by

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By Alan Caruba Over the weekend of August 6-7, the Wall Street Journal’s lead headline was “U.S. Loses Triple-A Credit Rating.” On Monday, August 8, the Journal’s headline was “Markets Brace for Downgrade’s Toll.” By Tuesday, August 9, it was “Downgrade Ignites a Global Sell-Off.” On Wednesday, August 10, it was “Markets Sink Then Soar […]

President Blah, Blah, Blah

August 9, 2011 by

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By Alan Caruba President Blah, Blah, Blah got in front of the television cameras midday on Monday to say the usual meaningless things he has been saying since he was elected, none of which are true and none of which have been able to hide the fact that he has driven the nation into the […]