To tell you the truth, I’m surprised it took two years of Democrats running Congress and 5 months of the Barack Obama White House for this to happen.  7 months too late.

Continue Reading “FLIP: Voters Now Trust Republicans More On Economy” »

The Obama administration likes to repeat the made-up statistic crediting their failed stimulus spending plan with “saving or creating” 150,000 jobs.  In the real world, where “hope” is quickly fading and “change” has been for the worse, 2 million jobs that existed when Obama rammed his spending plan through Congress have evaporated into thin air.

16,000 jobs a day lost, with an unknown number prevented.

Continue Reading “Obama To Speed Up ‘Stimulus’ That’s Already Cost 2 Million Jobs” »

The national Unemployment Rate has skyrocketed to a worse-than-feared 9.4%.

Geoff at Innocent Bystanders remembers the chart produced by the Obama Administration when they were trying to sell the Stimulus Package.  The chart showed the predicted Unemployment Rate with and without the stimulus.

Continue Reading “Stimulus Fail: May Unemployment Skyrockets To 9.4%” »

Failed President Barack Obama’s $787 billion stimulus boondoggle has cost the United States economy nearly 1.6 million jobs in its first one hundred days.  Yet Obama, fiddling like Nero as the embers fall down around him, brags that the disasterous spending plan has “saved or created almost 100 – 150,000 jobs” without detail or evidence.

As noted in the graphic below, Barack Obama said today that his stimulus created or saved “nearly 100 – 150,000″ jobs.  About a month ago, he claimed that it created or saved “over 150,000 jobs.”  So in a month, the number of jobs “saved or created” has gone DOWN from “over 150,000″ to “nearly 150,000.”

Later, at a tony California fundraiser held in the midst of the worst economic crisis in decades, Obama falsely claimed, “It’s safe to say we have stepped back from the brink.”

If the quickening pace of unemployment, home value devastation, interest rate spikes, government control of private industry, debt and misery signifies stepping “back from the brink,” it makes one wonder what this tool’s definition of “back” is.

Continue Reading “Stimulus Fail: $787 Billion Disaster Costs 1,597,000 Jobs” »

Barack Obama will order car makers to raise fuel efficiency to 35.5 miles per gallon by 2016, a move that will jack up the average cost of an automobile by $1,300 at a time when auto sales are in the toilet and the economy is struggling to survive the other disasterous plans and policies he has slammed through Congress.

The plan will force car companies to produce smaller and lighter cars that Americans have repeatedly shown they do not want, and will make the Americans driving them less safe.

Disclosure of the agreement is expected Tuesday, with executives from several large auto companies, including General Motors Corp. Chief Executive Frederick “Fritz” Henderson, as well as United Auto Workers President Ron Gettelfinger, expected to participate, people familiar with the matter said.

Obama takes over GM.  Obama installs new management at GM.  Obama takes over Chrysler. Obama hands ownership of Chrysler to his deep-pocketed supporters in the United Auto Workers.  GM, Chrysler and the United Auto Workers lap up Obama’s plans to screw the US consumer and kill the automobile industry.

And they say Socialism always fails.  What they meant to say was Socialism fails the people.  It doesn’t seem to be failing Obama; mostly because he’s got so much swagga and his wife’s arms are so damned toned that no one is really paying attention to what he’s doing.

A pair of housing market data points released this morning shows that the wasteful stimulus and housing rescue plans forced through Congress by Barack Obama and Democrats have done nothing to repair our damaged economy and may even be making things worse.

New U.S. housing starts and permits unexpectedly fell to record lows in April…

Continue Reading “Housing Data Shows Stimulus Did Nothing” »

Geoff at Innocent Bystanders remembers the chart provided by the Obamunist regime showing what the unemployment rate would be with and without the “Recover Your Money and Give It To My Cronies” plan.

Strangely (unless you’re paying attention) unemployment has come in exactly on the “Without Stealing Your Grandchildrens’ Earnings” line for two months in a row, proving that the stimulus did nothing except throw the entire nation into unsustainable debt.

Seen this on CNN, NBC, ABC, CBS or MeSsiahNBC?

Who else thinks it’s about time that Barack Obama, his wealth confiscating partners in the Government and his cheerleaders in the media (put more simply, “the media”) give up the “Barack inherited this mess” mantra?

The latest:

High U.S. budget deficits are being driven by an economic crisis that President Barack Obama inherited, White House Budget Director Peter Orszag said on Monday.

Continue Reading ““I Inherited This Mess”” »

Democrats across the nation are devastated as the Dow Jones Industrial Average posted its biggest 1-day point gain ever (+936 points -  Previous biggest point gain was +499.19 on 3/16/2000) and the 4th biggest 1-day percentage gain ever (+11.08% )