So as Gruber shows his sorry ass up in congress to speak truth to power, it looks like the strategy adopted by the scumbags that straddled us with Obamacare after a massive campaign of disinformation, lies, and falsehoods, is to pretend that Gruber was telling the lies when nothing could be further from the truth. I guess the progressives have chosen to save face and hide their abuse of power and criminal behavior by … Read more
Category Archive: The Economy
MRC TV has a piece up about how the demise of Social Security is coming far earlier than even the worst case projections put it at, but then again, as the first commenter pointed out, one has to wonder if these new projections even take into account the impact of Obama’s new executive order that would allow millions of illegals that have not paid or paid a pittance to now suckle at the government’s … Read more
The other day one of the sad libs I usually have the pleasure of running circles around was all in a huff and telling me how Obamacare numbers were up and things were finally coming together. I knew better than to believe the bullshit these propagandists peddle – this administration and the democrats have a history of lying about the facts and real numbers on things ranging from the billions they pissed away paying off … Read more
The fucking crooks in DC, busy bankrupting this country as part of the plan of destroying it the current president’s administration has been on, printed over $1 trillion of new money to pay off debt obligations on money they borrowed:
… Read more
The Daily Treasury Statement that was released Wednesday afternoon as Americans were preparing to celebrate Thanksgiving revealed that the U.S. Treasury has been forced to issue $1,040,965,000,000 in new debt since fiscal 2015 started
Last night, the Senate defeated an effort to push through the Keystone XL pipeline project. This was ostensibly an effort to save Mary Landrieu’s seat in Louisiana. But I doubt passage would saved her.
I’m finding the arguments against Keystone XL severely wanting. Critics points out that most of the jobs created will be temporary. But those same critics insist that we should engage in massive stimulus spending to create … temporary jobs in … Read more
And by “this” I mean his threat to implement a vastly unpopular amnesty program – amongst voters of both parties – to buy votes from illegal aliens that would then be able to suck at the government’s teat and become dependents the democrat party could count on, that Black Jesus claims he will do by executive order if the wrascally republicans don’t do what he wants – despite the outcome of the last elections, where … Read more
For now, that is. Yeah, health insurers are stepping up to help Obama defend the despicable Obamacare law, and that should surprise no one. The law is terrible for consumers, but great for both government that wants to get its mitts into the health insurance decision making process and money, as well as a financial boon – at least in the short term – to the evil insurance companies that the left created this … Read more
A couple of years ago, Japan’s Prime Minister Shinzo Abe instituted a program that made Keynesians everywhere wer their pants with joy. Abenomic consisted of fiscal stimulus (i.e., spending), quantitative easement (aka inflation) and structural reform. The result?
Japan is now in a recession. Oh, and their debt is up 230% of the GDP.
Now doubtless the Keynesians will have explanations for it. Keynesianism can never fail; it can only be failed. The Hoover … Read more
Frankly I am surprised that as many as 40% women, 28% men, 39% youth have admitted that they don’t want a job, in a system that’s clearly bloated and inefficient, robbing the productive to buy votes, and that tragically favors receiving assistance over working.
You eventually will run out of productive people willing to be fleeced, as the recent election results here in the US show. Those altruistic do-gooders the left counts … Read more