Tag: Recession

The Obama Years

Household income is stuck in a ditch thanks to the Obama years as Investors Business Daily points out here: But how's this for bad news:...

How Vanguard Wellesley Won the War

You want to keep this chart on your refrigerator because there's been a lot of talk in the press lately about 2008. Looking back...

VIDEO: Economist John Taylor on the Economic Recovery

WSJ Live presents an interview with Stanford economist John Taylor, who criticizes the economic policies of the Obama Administration. The interview was conducted by...

Forecasting Recession

In October, the Conference Board’s Consumer Confidence expectations index plunged deep into recessionary territory. The index has only been lower twice in its more...

Is America Collapsing Back Into Recession?

In many ways our country has never really recovered from the 2008/2009 economic debacle. The modest recovery that has emerged has come as the result of a historical running of the money printing presses by the Fed. It’s a scheme of monetary bribery. The administration in Washington is at sea and is a co-conspirator with the Fed and Congress in setting the stage for the current asset bubble and collapse in purchasing power of the dollar. What a disaster, and yet we are in but the early act of a multi-act, bad-ending financial play. With interest rates now at about zero, the Fed is in a box, and, despite erudite public commentary to the contrary, really has little running room left. America is functionally leaderless. There is no chance the anti-business administration will do one darn thing to produce a turnaround. The broom needs to come out in 2012, with tea party candidates racking up big gains in the House and Senate. A powerfully backed tea party presidential candidate will easily unseat the current occupant of the White House. The little rub comes when you look at the lame roster of current White House pretenders. I want to be clear here, President Obama was elected because of a perfect storm. Mr. Obama had that festering, watermelon-size target that was President George Bush to kick. Bless his soul, President Bush was a disaster, deserving of the unpleasantness heaped upon him by the Obama collectivist crowd. Moderate John McCain offered a grizzly option, leaving hard-hitting conservative radio talk show hosts to sit on their hands. No energy, no jazz was created. This time around the collectivists have no Bush can to kick down the road. John McCain is, well, gone. America faces an official unemployment rate of 9.1%. Debbie and I and friends from Virginia are on a seven-state motorcycle tour. As I poll business owners along the way, it is becoming increasingly clear that Washington is cooking the books. True unemployment is far above the 9.1% admitted to by officialdom. OK, America’s next president needs to be a card-carrying jobs-creator with a proven and visible record. After studious review, a shockingly good candidate emerges. And I doubt that either President Obama or former President Bush will be too captivated by my selection. I, of course, am leading up to-----

Where are the Jobs Mr. President?

Democratic Seats Vulnerable on Jobs – Gary Fields, The Wall Street Journal When the Obama administration took a giant time-out during the worst recession in...

The GOP Must Filibuster Kagan

Republican Senators Must Filibuster Elena Kagan – Erick Erickson, Human Events Mr. Erickson’s view that “Kagan’s views on the Commerce Clause and Americans’ right to...

Ready for a Recession Double Dip

Don't Rule Out a Double Dip Recession – Christopher Wood, The Wall Street Journal Germany started pulling pages out of the U.S. economic playbook last...

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