Posts Tagged ‘ economy ’

Obamacare study confirms Obama’s economic failures

May 15, 2015
By
Obamacare - Great Depression

A few days ago, I shared how Obama likes to massage data to make it look like his economic policies are working. Unemployment rate goes down? It’s not because people are finding jobs. Instead, it’s because their unemployment benefits have run out or they have become so discouraged from not finding a job that they have abandoned looking for a job. Meanwhile, food stamp usage has climbed to record highs because those same people are forced to rely on government handouts in order to eat and survive. Now we learn from a new study that Obamacare is supplying another piece…

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Obamanomics: Lies, damned lies, and statistics – Part II

May 13, 2015
By
Unemployment number

A few months ago I wrote a piece called, “Bureau of Labor Statistics: Lies, damned lies, and statistics” where I documented the realities hidden in some of Obama’s economic policies. Unfortunately, recent news on the economy called for a sequel to be written. According to the talking heads at the White House, and the state-controlled media that rubber-stamps all things Obama, the U.S. economy is well on the way to recovery despite facts proving the opposite: Last week, we were told how unemployment had dropped to 5.4 percent, which makes it the lowest rate since May, 2008. An interesting statistic,…

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Only in Obama’s America

February 20, 2015
By
Income Inequality

NEWSFLASH!! The White House Council of Economic Advisers released the Economic Report of the President yesterday, and it noted that median family incomes are down since Obama took office. Not only that, but many Americans are still worse off today than they were when he became president. I know… I know… That’s not really a newsflash. Unless you’re dead or comatose, you knew this already. So, why would the president release a report that appears to show that his economic policies have failed? Because it helps him with his agenda of spreading the wealth. While Obama, along with his buddies in the liberal…

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Bureau of Labor Statistics: Lies, damned lies, and statistics

February 4, 2015
By
Unemployment number

Those who truly understand how the Bureau of Labor Statistics calculate the unemployment rate have been saying for years that the matrix used to determine joblessness in the United States is imperfect and inaccurate. Now, a new poll by Gallup supports this contention. While the Obama administration is all-too-eager to tout the falling unemployment rate—currently under 6%—as proof that his anti-capitalist, over-regulating, big government policies are working, Gallup CEO and Chairman Jim Clifton says that they are misleading at best, and Joseph Goebbels-styled propaganda at worst, calling it “The Big Lie.” According to the poll: If you are unemployed and have subsequently…

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What does Mexico’s president know that President Obama doesn’t?

February 17, 2014
By
What does Mexico’s president know that President Obama doesn’t?

It is not often that Americans look south of the border for solutions, but Mexico’s President Enrique Peña Nieto seems to have figured out a few things in his first year of power that has, in six years, eluded Obama. Late last month, Peña Nieto spoke at the World Economic Forum in Davos, Switzerland.  There, he highlighted his first-year achievements: “a legislative consensus with the two major opposition parties on the transformations and structural reforms that the country needed,” reports Mexico City’s The News. He pointed out that this has been achieved “in a climate of plurality and diversity.” A few months…

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national debt

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