Paul Ryan: Obamanomics Has Failed

September 1, 2010 | Filed Under 00Publius Contributor, Budget, Capitalism, Democrats/Leftists, Economy/Finances, Elections, GOP, Government, Government, Corruption, House of Representatives, Liberals, Paul Ryan, Republicans, Taxes, Unemployment, Warner Todd Huston, Wisconsin | Comments Off

-By Warner Todd Huston

Congressman Paul Ryan (R, Wis) and former Congressional Budget Office Director Doug Holtz-Eakin came together early this week to lambaste Obama’s failed economic policies.

In a conference call to supporters and the press, CBO Director Holtz-Eakin said that there is “no evidence” that “the stimulus has really worked” and that Obama’s Keynesian fixes simply won’t work.

There is nothing about Keynesian stimulus that is going to fix those problems. The spending by the government has gotten worse, has not solved the housing problem, and has also not been successful. Instead, the key to more rapid economic growth is going to have to be the business sector and international trade.

Representative Ryan echoed that assessment, saying:
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Down Economy: America’s ‘Oldest Family Farm’ Up For Sale

August 3, 2010 | Filed Under Associated Press, Business, Capitalism, CNN, Democrats/Leftists, Economy/Finances, Free Trade, Government, Government, Corruption, History, Journalism, Labor Law, Liberals, Media, Media Bias, New Hampshire, NPR, Regulation, Taxes, Unemployment, Warner Todd Huston | Comments Off

-By Warner Todd Huston

In a sign of these dismal times, the oldest family farm in America is up for sale because its owners just cannot survive this down economy. After 378 years of contiguous family ownership and operation, the Tuttle family of Dover, New Hampshire is selling its 134-acre farm.

Founded in 1632 by John Tuttle fresh off the boat from the Old World, the Tuttle family farm has moved on with the times, improved and changed to continue operating. But, at long last, this economy is too much for them to bear.

Curiously, the Associated Press worked very hard to downplay the economic side of this argument in its coverage and instead played up the fact that the Tuttles are aging and have decided to discourage their own sons from taking up the family business. The APs story also turned the focus away from the bad economy and toward blaming WalMart and the “growth of supermarket chains.”
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AEI: More Unions Means Fewer Jobs

July 22, 2010 | Filed Under American Enterprise Institute, Barack Obama, Budget, Business, Capitalism, Card Check, Democrats/Leftists, Economy/Finances, Free Trade, Government, Government, Corruption, Jobs, Labor Law, Liberals, President, Public Employees Unions, Taxes, Unemployment, Unions, Warner Todd Huston | Comments Off

-By Warner Todd Huston

In April Lee Ohanian of the American Enterprise Institute published a paper on the Employee Free Choice Act (EFCA) that is a must read. But this month he published a shorter piece that is just as interesting. In it, Ohanian claims that if we increased unionism as the Obamaites want to do, we’d actually lose jobs; 4.5 million of them to be precise.

Obama has spent his entire year in office (hard to believe this much destruction only took a year) looking for ways to pay unions big dividends and despite that Congress has been dragging its feet on unions’ most cherished legislative agenda, the EFCA, Obama has been bending over backwards for them (as we discussed here).
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Obama’s FDR-Like Bait and Switch

July 20, 2010 | Filed Under Barack Obama, Budget, Capitalism, Congress, Constitution, Democrats/Leftists, Economy/Finances, Federalism, Franklin Deleno Roosevelt, Government, Government, Corruption, Health, Judges, Law, Liberals, President, Regulation, Social Security, Supreme Court, Taxes, Unemployment, Warner Todd Huston, WWII | Comments Off

-By Warner Todd Huston

Remember when Barack Hussein Obama first became president and the left-wing Old Media universally indulged the claim that he was “just like FDR“? Of late the Old Media has backed off that hyperbolic statement, but at least in a single incident, Obama has proven indeed to be just like FDR. The similarity entails laws about which the two presidents lied to the public in order to sell them. And in both instances, the truth only came out in court.

For FDR it was Social Security. The Roosevelt Administration sold Social Security as an “insurance” program when it began to push for the policy. The truth is, of course, that Social security and its unemployment plan adjunct is in no way an insurance program. It is welfare pure and simple.

But FDR sold it as “insurance” anyway. In 1936, for instance, FDR sternly told an audience in Pennsylvania that it was an insurance program.
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Noblesse Oblige: Obama’s Dog Gets Own Plane on Vacation Trip

July 17, 2010 | Filed Under Animals, Anti-Americanism, Barack Obama, Budget, Business, Capitalism, Democrats/Leftists, Economy/Finances, Government, Government, Corruption, Liberals, President, Taxes, Unemployment, Warner Todd Huston | 5 Comments

-By Warner Todd Huston

The Morning Sentinel, a small paper from the state of Maine, has a travelogue story of the Obama’s vacation in and about Maine today. It has a very interesting little tidbit in it that should enrage every American. It is something that really shows Barack Obama’s arrogance and his obviously assumed air of noblesse oblige.

Among the exciting details of the Obama’s visit to Acadia National Park in Bar Harbor is this tidbit:

Arriving in a small jet before the Obamas was the first dog, Bo, a Portuguese water dog given as a present by the late U.S. Sen Ted Kennedy, D-Mass.…

As the rest of us toil on the unemployment line, as millions of Americans find their retirement accounts dwindling, their hours at work cut, and their pay scale trimmed, King Barack and Queen Michelle are flying their little doggie, Bo, on his own special jet airplane for his own little vacation adventure.

Well, it must be nice to be able to afford to fly your doggie about the country whenever you feel like it. It must be nice to hire people to act as your dog’s escort. It must be comforting to know that you have the power to arrange such luxury for a dog.
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Video: How Obama’s Drilling Moratorium Affecting LA Citizens

July 15, 2010 | Filed Under Barack Obama, Business, Capitalism, Democrats/Leftists, Government, Government, Corruption, Jobs, Liberals, Oil, President, Unemployment, Warner Todd Huston | Comments Off

Tens of thousands of jobs lost to Obama’s drilling moratorium…

A Discussion on Obama’s oil drilling moratorium by Doctor Bill Cassidy, R. LA 6th Congressional District. This was filmed at the Tea Party of Louisiana July 12, 2010 townhall meeting.

Union Worries that Failure to Pass Unemployment Extension Means Lost ‘Stimulus’ $

July 14, 2010 | Filed Under Budget, Business, Capitalism, Economy/Finances, Government, Corruption, Illinois, Illinois State Government, Liberals, SEIU, Taxes, Unemployment, Unions, Warner Todd Huston | Comments Off

-By Warner Todd Huston

If this isn’t the most perverse example of “reasoning” you’ve ever seen, then you haven’t seen any, yet. It seems the Service Employees International Union (SEIU) is worried that the failure to pass an extension for unemployment insurance will deprive Illinois of “stimulus” money.

So, here is the perverse part… unemployment is for the unemployed, right? “Stimulus” is for economic growth (or at the very least economic water treading), right? So if we throw “stimulus” into the coffers of unemployment insurance, aren’t we “stimulating” unemployment and NOT stimulating economic activity?

Does this even make sense?
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Is The U.S. Too Big to Fail? Greece Wasn’t…

July 13, 2010 | Filed Under Anti-Americanism, Barack Obama, Budget, Capitalism, Communism, Congress, Democrats/Leftists, Economy/Finances, GOP, Government, Government, Corruption, House of Representatives, Liberals, President, Socialism, Taxes, Unemployment, Warner Todd Huston | Comments Off

SIGN THE PETITION NOW!!! www.crnc.org/petition

The College Republican National Committee is thrilled to announce the “Don’t Put It On Our Tab” debt-awareness initiative! The national debt poses a lethal threat to our economic future, and we’re not about to let the Democrats think we are ignorant to that fact. Help the CRNC stand up and speak out for our generation by signing the petition today!

Did you know that the a child born into this world today owes over $117,000 to the DEBT alone? With unemployment rising, ‘entitlement’ programs collapsing, and debt skyrocketing how are we ever going to pay that back? The answer is through conservative reform. Join our facebook group ( http://www.facebook.com/pages/Dont-Pu… ) to stay informed 24/7 about the debt, what we are doing to combat it, and to examine potential solutions to it!