There’s an old proverb that promises “it is always darkest just before the dawn.” And that might be true. When you’re in a state like Michigan, where things have been as bleak as night for the better part of a decade, though, “darkness” becomes a pretty relative concept...
How's this for rose colored glasses ? Over the past year, overall levels of consumer confidence have bounced around a lot but ended up with little change. For the full month June 2008, the Rasmussen Consumer Index was at 71.9. In June, 2009, that number was 72:0. But underneath those stable topline...
Kudos to Klein ABC News’ Rick Klein for doing his job by pointing out how the Obama Administration is " Moving the Stimulus Goalposts ." Klein writes: Today brings this explanation, from Christina Romer, the chairman of the president’s Council on Economic Advisers: Stimulus spending...
"I think if you get into the way it was written, it's a huge tax and there's no sense calling it anything else. I mean, it is a tax ." So says Warren Buffett , Chairman of Berkshire Hathaway and perhaps even more importantly, one of the President's biggest supporters in the economic...
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AIP Blog
by
Despina Karras
on
06-28-2009
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Filed under: energy, cap and trade, capitalism, free market, stimulus package, government spending, taxes, stimulus, job losses, tax issues, economic crisis, regulation, unemployment, green jobs, cap and tax, consumers, economics, environmentalists
The new job numbers came out this morning ... and if you were waiting for a sign that the stimulus was working... well, you still have to wait. Despite Obama's economic stimulus (that was supposed to keep the unemployment rate below 8 percent) the national unemployment rate went up to 9.4 percent...
The Obama Administration had announced before unveiling the stimulus package that it would have to be "targeted, timely, and temporary." Last week I wrote about the Heritage Foundation's analysis of the stimulus money failing in these items, this week the USA Today confirms this view. Today...
President Obama’s prediction of 3.5 million jobs arising out of the stimulus bill is starting to unravel, as was inevitable. Christina Romer, chairwoman of the White House Council of Economic Advisers, told C-SPAN yesterday that we won’t see positive job growth until 2010. This follows April’s...