Recently, the lottery game Mega Millions had a jackpot of well over $540 million dollars. Millions of Americans bought tickets in hopes of becoming an overnight megamillionaire. Some dreamed that could never spend that much money in their lifetimes. …
Tag: Economics
Obama’s Regulatory Tyranny Stifles Economic Growth
The Obama Administration has imposed new regulatory tyranny costing $46 billion annually, with nearly $11 billion more in one-time implementation costs. That is about five times the cost of regulations imposed during the first three years of President George W.…
Debt Skyrockets, Growth Plummets Under Obama
Obama’s performance review; skyrocketing debt and near-negative growth. Yet he wants us to rehire him. Here are FACTS, and they are indisputable: The economy slowed down in 2011 according to new data released by the Bureau of Economic Analysis (BEA). …
Political Theater – Comedy or Tragedy?
Editor’s Note: The “political theater” now playing in Washington and in state governments was to be the subject of an article I sat down to write just yesterday when I received an email from the Family Research Council (FRC) that…
No New Taxes Needed: Moving Forward with Reverse
Our economy is a mess, our national debt is over $15 Trillion, and a global Bankenstein is terrorizing markets. Our leaders are feckless in their response and Main Street is hurting as a result. Most of us have re-adjusted our…
New Super Committee Succeeds
As is the norm, big government turned the simple task of finding $1.2 trillion in budget cuts over to a super committee who failed. This new super committee, as shown in the video below by none other than Chuck Woolery…
Federal Reserve Wields Power Worldwide
The power wielded by unelected bureaucrats at the Federal Reserve is brought to bear worldwide. Their latest intervention in the global economy made it cheaper for Europe to borrow dollars, thereby propping-up Europe’s tottering banks and left-wing economies such as…
Candidates Thanksgiving Family Forum in Iowa
The Family Leader, a Christian family advocacy group, hosted the Thanksgiving Family Forum for the GOP candidates in Des Moines, Iowa on Saturday, 11/19/2011. Six of the GOP presidential hopefuls sat in the sanctuary of First Federated Church last night…
The CBO report on Obama’s Stimulus Program
On Wednesday, The Congressional Budget Office (CBO) released The 2011 Long-Term Budget Outlook: Testimony Before The House Budget Committee. You can read the testimony at http://www.cbo.gov/doc.cfm?index=12253 if you have a few hours but here is the bottom line. The report finds that…
James, call the White House
Debbie Wasserman Schultz (D-NY) says that the Debtocrats have ownership now of this US economy. Thank you, Ms. Wasserman Obvious. She also says that the recovery is underway. Really now, Debbie. James Carville has warned that if the US economy…