Category Archives: economy
Priorities
Oh, and criminals, too. Obambi, flanked by uniformed police and firefighters, gave us the end of the world scenario if that pesky sequester comes to pass. According to Obambi’s house organ, the New York Times, this includes F.B.I. agents furloughed, criminals released, flights delayed, teachers and police officers laid off and parents frantic to find […]
money for nothing
Great song by that title, sung by Dire Straits. This thought, and perhaps the song, could be what inspired last night’s insipid and predictable State of the Union address by a community organizer brought in for the occasion. There were the usual big government nostrums, and that always clever appeal for Americans to ignore economic […]
Numbers game
Up 163,000. Down 150,000. Up to 8.3%. Numbers. Guess which one Obama will focus on? As reported at the Wall Street Journal, the economy is estimated to have added 163,000 jobs, while 150,000 simply gave up even looking for work and left the labor force. The net result? An estimated uptick in the unemployment rate […]
wrong decisions
Anna Schwartz, a giant in the monetary policy world, has died at 96. Call her the silent partner with Milton Friedman, he of “if only we had done what he advised we’d not be in this situation” fame. In two words: the free market. Anna Schwartz, as was Milton Friedman, were staunch proponents of the […]
Cause and effect
In today’s Wall Street Journal, Daniel Henninger has it exactly right in the title: It’s a Single-Issue Election. It’s about the economy. Period. The Fast and Furious business that has engrossed Fox News ’round-the-clock is important, but it’s only a symptom of the real problem. Which is we’ve got a president who seems to believe […]
