Today the numbers for economic growth were released and demonstrated yet again that the Obama economic policies have been an epic failure. Growth for the previous quarter was revised downward to a recession-like 0.4%. Growth for the most recent quarter was almost as bad: 1.3 ( Read more... )

The growth gap continues to widen. Measured against the gold standard for recent recoveries, the Reagan era expansion of 1982-9, the Obama economy fails to measure up across the board. Growth is about 1/4 of what it was during the Reagan expansion and job growth, tremendous under Reagan, is nonexistent in the Obama economy. Soaring energy and ( Read more... )

Obama should spent less time demonstrating his thin skin and more time trying to emulate ReaganObama's failed economic policies are driving the country off a cliff-literally. Gas prices are soaring toward $5 a gallon and his polices are making things worse. (Which was his intention all along.) Somehow he believed that there would be a robust ( Read more... )

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Economic "growth" continues to suffer due to the Obama administration economic policies. Coming it at only 2%, growth in GDP was only marginally higher than the 1.7% recorded in the previous quarter.WASHINGTON - The government's latest reading on economic growth offers little benefit to Democrats who face deep losses in Tuesday's elections ( Read more... )

What was that about unemployment not rising above 8% if we passed the scamulous bill ( Read more... )

Almost a year and a half into the administration of Barack Obama and the policies of Congressional Democrats it has become clear that the policies enacted at the start of the administration (and continued from the late Bush administration) are failing ( Read more... )

Laffer wins again.
The existing empirical evidence on the response of real gross domestic product to added government spending and tax changes is thin. In ongoing research, we use long-term U.S. macroeconomic data to contribute to the evidence. The results mostly favor tax rate reductions over increases in government spending as a means to increase ( Read more... )

More facts to refute the Obamatrons.


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The economy was just as bad in the first quarter of this year as it was in the last quarter of last year. (Which of course means that fiscal year 2009-which runs from last three months of 2008 through September of 2009-is going to be very bad ( Read more... )