» Posts in the Economy Category:

 

Bad news for Dems: On the economy, Obama’s advantage over GOP is gone

Posted by: ST on March 24, 2013 at 10:32 am » 4 Comments

So reports Micah Cohen at the NYT’s 538 blog (hat tip): During the debate over the so-called fiscal cliff in December, public opinion surveys showed more Americans trusted President Obama than trusted Republicans in Congress when it came to handling the nation’s economy. The New Year’s Day deal to avoid going over the cliff, which included higher marginal tax rates [...]

 

Senate Democrats rush to repeal tax they rushed to pass without reading, first

Posted by: Phineas on March 22, 2013 at 2:01 pm » 6 Comments

**Posted by Phineas Remember how the Democrats pushed and pushed to ram through Obamacare as fast as they could, despite huge public opposition? So fast, most didn’t even bother to read the bill before voting on it? So fast, the Senate had to use “Rube Goldberg” procedures to pass it? So fast, Nancy Pelosi said [...]

 

Oregon’s SoloPower: Another taxpayer-backed green energy program about to go bust?

Posted by: ST on March 20, 2013 at 6:16 pm » 3 Comments

Fox News reports on a story we’ve heard all too often the last several years – about the failure of a taxpayer-funded “green energy” business to the point of having to lay off workers due to poor sales/structure (bolded emphasis added by me): When Solyndra went bankrupt and cost taxpayers up to $530 million, the [...]

 

NC Five Guys franchise holder: ObamaCare costs will be passed on to consumers

Posted by: ST on March 12, 2013 at 11:00 am » 7 Comments

Gee, what a surprise. Not. Via the Washington Examiner’s Paul Bedard (bolded emphasis added by me): The fight over Obamacare, so far held at the 30,000-foot level, is about to hit home. The latest impact hot off the grill: prices of burgers and hot dogs at Five Guys, the national chain that started in Washington, [...]

 

Pelosi really does believe that all the money is hers

Posted by: Phineas on March 11, 2013 at 1:01 pm » 9 Comments

**Posted by Phineas Well, the government’s, but you just know that, deep down inside, she sees herself as synonymous with the government – l’Etat c’est Nancy! Bryan Preston noted this interesting bit of progressive logic while the Minority Leader was talking about reducing government spending: “Tax cuts are spending.” “Our whole budget is what $3.5 trillion,” Pelosi said [...]

 

Federal Reserve: Fears over ObamaCare are causing employers to lay off workers

Posted by: ST on March 7, 2013 at 2:07 pm » 3 Comments

Duh: The Federal Reserve on Wednesday released an edition of its so-called “beige book,” that said the 2010 healthcare law is being cited as a reason for layoffs and a slowdown in hiring. “Employers in several Districts cited the unknown effects of the Affordable Care Act as reasons for planned layoffs and reluctance to hire [...]

 

Huzzah!! Another @BarackObama milestone!

Posted by: Phineas on February 25, 2013 at 12:01 pm » 6 Comments

**Posted by Phineas Admit it, you’re impressed: (Larger version) That’s right, kiddies: we’ve had more high unemployment under Barack Obama than under any president since Harry S. Truman… combined. Well done, sir. Well done. But, still, his fans are happy: Sigh. via Denis through AH Malcolm (Crossposted at Public Secrets)

 

Obama visits Asheville, NC manufacturing plant, renews call for federal minimum wage hike

Posted by: ST on February 13, 2013 at 8:31 pm » 6 Comments

Does this guy EVER learn? Yes, that was a rhetorical question. Via WRAL: ASHEVILLE, N.C. — President Barack Obama pushed for a higher minimum wage at a re-opened manufacturing plant in Asheville Wednesday because he says Americans who work full-time should not be in poverty. The president followed up his call for the increase from $7.25 [...]

 

Baltimore facing “financial ruin” from high taxes, escalating spending, population exodus

Posted by: ST on February 6, 2013 at 11:47 am » 1 Comment

Via the Associated Press: WASHINGTON – The Baltimore city government is on a path to financial ruin and must enact major reforms to stave off bankruptcy, according to a 10-year forecast the city commissioned from an outside firm. The forecast, obtained by The Associated Press ahead of its release to the public and the City [...]

 

More #Obamacare job losses. This thing needs to be killed.

Posted by: Phineas on February 2, 2013 at 6:06 pm » 6 Comments

**Posted by Phineas And the good news (1) keep rolling in: Hospital layoffs and the Affordable Heath Care Act The Affordable Care Act is designed to make health care easier to get, but now, one local hospital says Affordable Health Care is the reason it is laying people off. Clifton Springs Hospital let almost 60 non-clinical employees [...]