Category Archives: Economy

American “Age of Eeyore” Enters Second Decade

Eeyore-Color-10
From the Wall Street Journal article: “American’s Gloom Marches Into Second Decade” by Reid J. Epstein
“Why are people so gloomy? Well, it might just be everything,” says pollster Micah Roberts, sounding a bit like Eeyore himself. Mr. Roberts is vice president of Public Opinion Strategies, which along with Hart Research Associates conducted the poll. “We haven’t had a plurality saying ‘right track’ in over ten years so that’s pretty amazing. After 10 years it’s just part of the collective consciousness of Americans,” to think the nation’s gone off the rails, he added. Read more at WSJ.  Hat tip: finai at iOTW.
P1-BR603_POLLca_G_20141014192106

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Filed under Economy, Polls

Obama Drone in Hollywood

2014_10 09 Paltrow Obama drone

Here’s what TMZ wrote:

The idiocy of Hollywood was in full bloom Thursday night when Gwyneth Paltrow turned an already-embarrassing Hollywood fundraiser into “The Dating Game.”

Paltrow — who hosted the event at her Brentwood home — gushed as she introduced President Obama, “You’re so handsome that I can’t speak properly.”

She then showed utter ignorance about, and contempt for, the Constitution and separation of powers — the basic tenets of our government — by saying, “It would be wonderful if we were able to give this man all of the power that he needs to pass the things that he needs to pass.”

It’s the latest example of how demeaning it has become for Presidents to act like circus animals — performing for crowds that will feed them … in this case, feed them with money to line political coffers.

It’s revolting that celebrities and other rich people feel such a need for self-importance — contributing money but ONLY if they can have their picture taken with the president and tell their friends they had dinner with him. If they’re so committed to him, just send him a check and let him stay in Washington and do his job.

Fact is … it has little to do with Obama. It’s about how the celebrity circus has sullied the Presidency of the United States.

As Iowahawk put it, “When even TMZ is embarrassed by a display of ‘Hollywood idiocy’, we’ve hit the Final Frontier of idiocy.”  Indeed.

In a particularly dim-witted remark, Paltrow said that, as a working mom, it is especially important to her that Obama be allowed to close the [alleged, mythical, often debunked] “wage gap.”

Straight Talk About The Wage Gap [2:59]

One can totes see how a mega-millionaire hosting a glitterati fund-raiser in her $10 million American estate would really NEED Obama’s help to get her fair share. (Tickets to the affair started at $1,000.)

I’m thinking Paltrow probably has some staff keeping those 8 bathrooms all spic and span and somehow I just have the teensiest weensiest bit of doubt that she pays the toilet scrubber the same as she pays the chef, the chauffeur or the gardener. I am also a tad skeptical that her staff’s minimum wage is $15 per hour or that she includes full health and dental in her employee packages. But that’s just me. Maybe the staff at her London home gets a better deal, since THAT mansion is not in stinky old racist, backwards, imperialistic, Obama-should-be-king-of America.

Wage gap

Sources:

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Filed under Barack Obama, Economy, Feminism, Hollywood

Obama dumps a steaming pile of stupid

2014_08 29 Obama dumps a whole pile of steaming stupid

Best comment at Twitchy: “At least the commies and we agreed on one thing. We knew and they knew that we could live in a stand off because if it escalated it was mutually assured destruction. For the Middle East today … death is what they want. Taking the kafir out is what counts and dying in the process is not a deterrent, it is a feature. So no, the world is not safer.”

Neither is the economy …

1984: National Debt: $1.5 Trillion.
2014: National Debt: $17.7 Trillion. 

Sources:
http://twitchy.com/2014/08/29/holy-cow-i-cant-believe-he-said-that-obama-drops-another-bombshell-of-stupid/
http://twitchy.com/2014/08/29/forget-it-hes-rolling-obama-makes-another-promise-hes-already-broken/

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Filed under Barack Obama, Democrats, Economy, Middle East, National Debt

Fall together? No thanks!

Let’s embrace an economic patriotism that says we rise or fall together, as one nation.” ~President Barack Obama, July 26, 2014

July 26, 2014: President Obama’s Weekly Address

Tweets:

  • That’s not economic patriotism; that’s Socialism. And no thank you.
  • For “economic patriotism” read: “Shut up and let me finish making this country over in Marx’s image.”
  • How does “falling together” help any nation, or any individual?
  • So failure is an option, but things will be just fine as long as we’re doing it together?
  • I rise and fall on my own merits. Others can rise and fall on theirs.
  • You can fall alone with your socialist agendas.
  • How about you let the people rise and we will continue to watch you fall.
  • “Togetherness” from the man who has done more to divide this country than anyone else in our history.

Source:
http://twitchy.com/2014/07/27/sounds-like-socialism-to-me-obamas-call-to-rise-or-fall-together-meets-resistance/

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Filed under Barack Obama, Economy, Socialism

STUDY: Forced Union Membership Harms Economy

2014_07 Right to Work States have more and better jobs

We must remember some things here about the big unions that have the big money and big political clout:

  • Big unions are NOT run by or staffed by workers. Small, in-house unions may be made up entirely of workers who work side-by-side with the people they represent, but the big unions are independent businesses whose cash flows are dependent on skimming dues money off the wages of workers.
    • Big union employees, particularly union bosses, typically earn a great deal more than the workers in the industries they claim to represent, but who they actually steal from to further their own agendas.
  • Big unions oppose Right to Work laws, not because these laws harm workers, but because they allow workers the right to stop paying dues to unions that do not represent them.
    • Big unions donate enormous amounts of money to the Democratic Party and to Democrat politicians; in return, they expect these legislators to promote laws that benefit union agendas. Among these are Right to Work laws, which they vehemently oppose.
  • Big unions are primarily concerned with lining their own pockets with union dues. They do not care if their negotiations or the laws they push for cause the loss of jobs overall.
    • In my own community, teachers begged their union to drop its demand for a pay increase that was going to force the strapped district to lay off non-unionized classroom assistants. The union refused. The teachers got their raises and the union got more dues money, but non-unionized workers lost their jobs completely and the kids they had served lost the help those assistants could have provided.

Source:
http://www.ijreview.com/2014/07/158900-policy-fail-new-study-destroys-obamas-union-backed-claims-right-work-laws23/

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Filed under Democrats, Economy, Unions

Lamebana Excuse Trashed in One Tweet

2014_06 25 Lame Obamacrat excuse crushed by Cruz

Source:
http://www.westernjournalism.com/senator-ted-cruz-knocks-governments-economic-contraction-excuse-cold-one-tweet/

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Filed under Barack Obama, Economy, Ronald Reagan, Ted Cruz

Thanks for nothing, Obama voters!

Megyn Kelly says how bad it is [1:22]

DOHbama administration scandals

June 24, 2014: Economy shrank 2.9% in 1Q, worst drop since ’09
http://www.usatoday.com/story/money/business/2014/06/25/economy-first-quarter/11332011/

2014 Obama's FAILED administration

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Filed under Barack Obama, Benghazi, Economy, Fast & Furious, IRS, National Debt, NSA, Obamacare, Poverty, Unemployment

The Democrat Elite

Hillary Clinton told Dianne Sawyer she can relate to the pain of average America, because … you know … she and Bill left the White House “dead broke” and had to “really struggle.”  Riiiiiiiiiiiiight.

  • Bill and Hillary left the White House with Bill’s presidential pension, a guaranteed minimum income of $200,000/year.
  • Bill then received a $12 million advance on his memoir. It is estimated that he has earned around $41 million since as a speaker and another $15 million for investment advice.
  • Hillary has earned about $5 million in speaking fees, plus her salaries as a New York Senator and then Secretary of State.
  • Their home in Bedford Hills, NY, is worth nearly $11 million.

The average employed American household earns about $50,000 per year. The Clintons pull down $200,000 for a single speech.  But yeah … I’m sure they know what regular Americans are facing in this Democrat economy she and her cronies helped create. NOT.

Democrat Economy

Source:

 

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Filed under Bill Clinton, Democrats, Economy, Hillary Clinton, Republicans, Unemployment

Redistribution = Socialism

This is what the poor get under Capitalism vs what they get under Socialism.

The Poor's Share under Capitalism vs Socialism

April 7, 2010: Kelly interviews King about Obama policies hurting job producers

 

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Filed under Economy, Poverty, Socialism

Wreaking havoc from sea to shining sea

Bush vs Obama vacay costs

Obama and his cronies have gotten richer, but the people who most strongly supported Obama and his ‘crats — Blacks — have gotten poorer.

  • The unemployment rate for Blacks is DOUBLE the national average.
  • The labor force participation rate for Blacks is at its lowest since December of 1977.
  • The labor force rate for Black MALES is at its lowest ever.

No Obama sticker

The so-called “Dream Act” is another of those Obamacrat moves that is resulting in real harm to our most vulnerable citizens. In order to provide college assistance to illegal aliens, Florida is being forced to take that aid away from legal citizens.

Planners estimate that approximately 5,000 illegal aliens will qualify under the federally-mandated, state-funded program and that about that same number of legal citizen students will be deprived of tuition assistance they would have otherwise received.

Obama USS Barack Obama

President Obama issued one of his “I can do whatever I want” executive orders in February to raise the minimum wage for new federal contract workers from $7.25 to $10.10 an hour.

Nursing homes that receive subsidized care from the Veterans Administration have two choices: raise their minimum wage workers nearly $3 per hour each OR throw their military veterans out on the streets.

At least one nursing home company has done the math and figured out the additional labor expenses are impossible. They have no choice but to go with door number two.

Sources:

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Filed under Barack Obama, Economy, Education, George W. Bush, Minimum Wage, Unemployment, Veterans