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Showing posts with the label The Economy.

The Real Scope On the Economy...

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by: Les Carpenter Rational Nation USA Liberty -vs- Tyranny Sword of Truth The Obama administration and it's robotic like followers would have you believe the nation is better off than it was four years ago. Factual empirical data disagrees. Rather than doing the he said he said blame game just look at the data. GWB's administration was a economic disaster in its infancy. Enter BHO's administration that essentially continued the misguided policies of its predecessor and what we have is a prolonged economic down turn with continued high unemployment. No doubt the neo-cons on the right, as well as the statist socialists on the left will call for greater government intervention to force a market correction to bring us back to prosperity. I might suggest a reading of, Capitalism: The Unknown Ideal before further tinkering with the economy occurs. Cut to Investor's Business Daily for the real scoop. Investor's Daily - Economy: A Bloomberg poll out thi...

Out Of Touch... Again

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by: Les Carpenter Rational Nation USA Liberty -vs- Tyranny Sometimes I really do think the President is clueless. What he is really, really, really saying here is that he believes the already Leviathan federal government needs to grow even bigger, more intrusive, and more regulating. Look to Europe to see how all that is working out for them. Real Clear Politics - Question: What about the Republicans saying that you're blaming the Europeans for the failures of your own policies? President Obama: The truth of the matter is that, as I said, we created 4.3 million jobs over the last 27 months, over 800,000 just this year alone. The private sector is doing fine. Where we're seeing weaknesses in our economy have to do with state and local government. Oftentimes cuts initiated by, you know, Governors or mayors who are not getting the kind of help that they have in the past from the federal government and who don't have the same kind of flexibility as the federal ...