Take a look… I’m sorry, but I literally can not understand the thought process here. They talk about deficit spending until they’re blue in the face, but they favor massive, unpaid tax cuts for the super rich, while wanting to deny unemployment benefits for the people who need it most. Baffling. Tweet
Archive for the 'Economy' Category
Obama is baiting the trap and if the GOP candidate doesn’t take it in 2012, it could spell trouble for the Dems. Last night the President said this… I have no doubt that everyone will find something in this compromise that they don’t like. In fact, there are things in here that I don’t like [...]
In order to get the votes he needs to make sure unemployed Americans get the relief they need (and deserve) and employed Americans continue to enjoy payroll tax cuts, Obama is cutting a deal with the Repubs on the extension of the Bush tax cuts. As I’ve pointed out previously, this goes against the anti-spending [...]
President Obama and his political brain trust were diligently taking notes while getting schooled in the midterms. On Monday President Obama announced a federal employee pay freeze for non-military employees. On Tuesday he met with congressional leadership and assured the American people that he heard the voice of the voters.
Observing the carving of our currency, as it is sliced by administration fiscal policy and diced by Fed monetary policy.
The move will save nearly 2,500 jobs. Tweet
Hey there corporations! Hope all is well. If the news today is any indication, looks like things are going great! Your profits have gone up seven straight quarters and collectively reached a record high. Here, just take a look at this graph… Wow! You must be pumped! Tweet
Looks like the new batch of Republicans are already signaling that they’ll refuse to raise the debt ceiling… even though John Boehner is telling them they must. From WSJ: [...] on Thursday, Minority Leader John Boehner (R., Ohio) said he’s been talking to the newly elected GOP lawmakers about the need to raise the federal [...]