Category Archives: Economy

The monkey’s butt

THIS IS A MUST WATCH! It explains in clear terms what the real stakes in 2012 are.

 

President Obama’s chief campaign strategist David Axelrod said today,

“Just remember, the higher a monkey climbs on a pole, the more you can see his butt.”

He was talking about Newt, which is just fine with the p.c. Speech Police, because it’s not racist to call a white guy a “monkey” or uncivil to call a Republican any damn thing that crosses your foul little mind.

If a Republican had said the EXACT SAME THING about Obama, Axelrod would be at the head of the pack screaming “RAAAAAAAAAAAAACISM!”

Nevertheless, Barack Hussein has been higher on the pole than Newt for a long time and … [delete delete delete] … sorry, I got way too graphic there for a minute!

Imagining myself as one of the millions of monkeys who have been stuck underneath Obama’s butt the past few years got me thinking about that scene in Shrek, you know when Shrek is climbing up to Fiona’s castle with Donkey following close behind?

Donkey sniffs the air, then yells,

“Whoa, Shrek, did you do that? Man, you gotta warn somebody before you crack one like that, my mouth was open and everything!”

[I looked all over for a wav of it to put here. Couldn’t find out. Dang.]

So speaking of Obamanomics … there were some celebrations when the unemployment rate dropped last month. But much of that drop was people leaving the labor force.

The official “unemployment rate” is not a counting of how many people who want jobs do not have jobs. It is a counting of how many people who do not have jobs are actively looking for new jobs.

Let’s say you’ve been looking fruitlessly for five months and realize you’ve exhausted every job listing in your area. Discouraged, you stop looking, at least for the moment.

According to the government, you’re no longer unemployed! Congratulations!

Actually, what happens is … they move you off the “unemployment” list and on to the “discouraged workers” list.

The current unemployment rate is 8.6%. But the real JOBLESS rate (including discouraged workers) is 11%. When you add in the “underemployed” — i.e., people working part time who want full time, and people working at jobs beneath their qualifications — the result is 20% or one in five.

That’s the number we should really be watching, hoping and praying will go down, because that is the number that represents real Americans who are not working at all or as much as they want or at the jobs they’re qualified for.

SOURCE:

http://abcnews.go.com/blogs/politics/2011/12/axelrod-jabs-gingrich-higher-a-monkey-climbs-more-you-can-see-his-butt/

http://www.washingtonpost.com/blogs/ezra-klein/post/wonkbook-the-real-unemployment-rate-is-11-percent/2011/12/12/gIQAuctPpO_blog.html?hpid=z2

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Filed under Barack Obama, David Axelrod, Economy, Elections, Newt Gingrich, Unemployment

Taking the SPIN out of Obamanomics

Click on graphics to embiggen.

On Monday, the Chairperson of the Democratic National Committee objected to the use of “precipitous” to describe the rise in unemployment under Obama.

Well, Debbie … “precipitous” means “steep” and I gotta admit … doubling Bush’s average unemployment rates sure seems well within the definition of STEEP to me.

Chrissy’s Site Bites: http://news.webshots.com/photo/2108023510056011884YPytqf

An unemployment rate of 5% is considered a sign of a healthy economy. Less than 5% and there are not enough workers to fill available jobs. More than 5% and there are not enough jobs to satisfy available workers.

During the Bush administration, the unemployment rate cycled between a low of 4.2% and a high of 6.3%. In his last year, it rose to 6.6% in October, to 6.8% in November, and to 7.3% in December.

(Some sources say 7.2% for December, which I expect is due to rounding.)

Chrissy’s Site Bites: http://news.webshots.com/photo/2899612000056011884xlndSA

As measured by the unemployment rate, the “economic mess Obama inherited from Bush” did not even begin until the last quarter of Bush’s last year in office, which also happens to have been the last quarter of the 110th Congress, the only Democrat-controlled Congress during Bush’s administration.

Chrissy’s Site Bites: http://news.webshots.com/photo/2789763090056011884waJAyL

When Obama took over from Bush in January 2009, unemployment was at 7.8%.

In February 2009, Obama and the Democrat-controlled 111th Congress passed a massive “stimulus” spending bill that was supposed to quickly fix the “economic mess Obama inherited from Bush.”

In October 2009, one year after Bush’s 6.6% rate, Obama’s unemployment hit 10.1%, a high not seen in 26 years. (Some sources say 10.2%, again I expect due to rounding.)

In November 2009, the New York Democratic Chair Rep. Carolyn Maloney chastized Obama’s critics, saying he and his fellow Democrats needed time to fix the “economic mess Obama inherited from Bush.”

Maloney cited economists who had estimated it would take “in excess of 3 years” to get unemployment back to its pre-recession levels.

By “pre-recession levels”, they meant “the levels that persisted throughout the first 7 years and 9 months of Bush’s administration.

Chrissy’s Site Bites: http://news.webshots.com/photo/2051489640056011884evHPnd

Okay. Let’s recap.

January 2009 – Obama takes office, unemployment rate at 7.8%.

February 2009 – Obama’s Quick Fix “we must pass this right now” stimulus bill passes.

October 2009 – Unemployment reaches its highest point since 1983.

January 2010 thru Septemper 2011 – The unemployment rate only drops below 9% for two months.

Chrissy’s Site Bite: http://news.webshots.com/photo/2388593490056011884MQQKXT

November 2011 – Unemployment drops to 8.6% and Democrats are crowing about recovery.

Are they dyslexic? Do they not recall screaming about what a vicious criminal Bush was for allowing it to climb to 6.8% in November 2008?

They said they needed 3 years. It’s been 3 years.

If Obamanomics was going to fix the economy, shouldn’t we have seen some serious PROGRESS by NOW?

SOURCES:

http://www.campbell.house.gov/index.php?option=com_content&view=article&id=2665

http://www.miseryindex.us/urbyyear.asp

http://www.bls.gov/news.release/pdf/empsit.pdf

http://www.njfac.org/jobnews11-08.htm

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Filed under Barack Obama, Debbie Wasserman-Schultz, Economy, George W. Bush, U.S. Congress, Unemployment

THE MONDAY GRUDGE

Posted by Pistol Pete

OBAMA ON GRIM ECONOMY: ‘I DON’T CONTROL THE WEATHER’

Democrats are so predictable they’re boring.We are about to be subjected to 12 months of whining about ‘the mess we inherited.’

http://townhall.com/tipsheet/katiepavlich/2011/12/12/obama_on_grim_economy_i_dont_control_the_weather

U.S. TO OPEN UNMANNED BORDER CROSSING WITH MEXICO

It’s election time.We need all the dem voters we can get!Bienvenido todos!Viva Obama!Viva la Revolucion!Whee!

http://www.theblaze.com/stories/feds-propose-to-open-an-unmanned-border-crossing-with-mexico-to-upgrade-security/

OBAMA DUCKS AND WEAVES ON ’60 MINUTES’. GETS AWAY WITH IT AS USUAL.

http://www.theblaze.com/stories/obama-defends-his-presidency-on-60-minutes-i-didnt-overpromise/

OBAMA: ‘IT DOESN’T MATTER WHO THE GOP NOMINATES’

He’ll have plenty of cash and a pack of howling hyenas to rip anybody to shreds.

http://hotair.com/archives/2011/12/11/obama-it-doesnt-matter-who-the-gop-nominates/

MOURNING JOE:OBAMA SEES DEMOCRACY AS A STUMBLING BLOCK TO HIS GREATNESS

This from Evan Thomas who once referred to the Usurper as ‘sort of a god.’

http://newsbusters.org/blogs/mark-finkelstein/2011/12/12/morning-joe-obama-believes-america-not-commensurate-his-gifts

MICHELLE OBAMA BREAKS JUMPING JACKS RECORD

300,265 PEOPLE.NO BIG DEAL–300,000 OF THEM WERE MEDIA TYPES.I’LL LEAVE COMMENTS ON THE PICTURE ALONE.TALK ABOUT A TARGET-RICH ENVIRONMENT.

http://www.tennessean.com/article/20111212/NEWS08/111212012/Michelle-Obama-breaks-jumping-jacks-record?odyssey=mod%7Cnewswell%7Ctext%7CFRONTPAGE%7Cs

AFTER PERRY ATTACK,OBAMA PRETENDS TO DISPLAY CHRISTIAN FAITH

http://campaign2012.washingtonexaminer.com/blogs/beltway-confidential/after-perry-attack-obama-displays-christian-faith/250751

NEWT’S RISE:ITS THE PERSUASION,STUPID

http://www.americanthinker.com/2011/12/newts_rise_its_the_persuasion_stupid.html..

LAND OF THE ENVIOUS AND HOME OF THE VICTIM

http://townhall.com/columnists/starparker/2011/12/12/land_of_the_envious_and_home_of_the_victim

AMERICANS ELECT;EARLY DIRTY TRICKS

http://www.americanthinker.com/blog/2011/12/americans_elect_early_dirty_tricks.html

I WAS CHANNEL SURFING THIS MORNING AND SAW DEBBIE DOWNER ON WITH GRETCHEN CARLSON.THE FIRST WORDS I HEARD WERE: ‘THE PRESIDENT INHERITED A TERRIBLE MESS’…. I SWEAR SHE LOOKED LIKE SHE CRAWLED OFF THE PREP TABLE AT THE MORGUE.WHO DOES HER MAKEUP… CADAVERS R US?

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Filed under Barack Obama, Debbie Wasserman-Schultz, Democrats, Economy, Elections, Immigration, Michelle Obama, Newt Gingrich, Republicans, Rick Perry

Latest Obama disapproval poll

I think we’re still seeing a hesitation among Americans to criticize the first black president.

Check out how bad his approvals are when you consider the answer to these questions. He OWNS the health care bill and the economy.

The new health care law requires all Americans who can afford it to have some form of health insurance or else pay a penalty. Can you think of any circumstances where the federal government should be able to require Americans to buy something whether they want it or not?

Yes, I can 24%

No, I can’t 73%

Don’t Know 3%

On a scale of excellent, good, only fair and poor, how would you rate economic conditions today?

Excellent 0%

Good 5%  < Methinks these folks are a few fries short of a Toyless Happy Meal!

Only fair 28%

Poor 66%

Don’t Know 0%  < It is very unusual to see ZERO Don’t know!

—————————-

Poll results are available at

http://www.foxnews.com/interactive/politics/2011/12/09/fox-news-poll-obama-approval-rating/

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Filed under Barack Obama, Economy, Polls

Blaming Republicans is bogus

When Democrats took over the House in 2007, they declared they were ready to lead. In 2008, they said if we only gave them a hat trick — an All Democrat Government — then they would really bring about hope and change.

They have failed abysmally, but rather than pull up their socks and admit they don’t know what they are doing, they whine and blame the MINORITY party.

It’s pathetic!

Click graphic to embiggen.

Chrissy’s Site Bites: http://news.webshots.com/photo/2494185950056011884cqzHxt

6 Comments

Filed under Democrats, Economy, Republicans, U.S. Senate

BEAT BARACK BACK

ONE GOOD RANT DESERVES ANOTHER

OK,so the media assassins have turned their guns on Newt.Does anyone doubt the media,the left(redundant) and the entrenched GOP intend to make a limpdick,Massachusetts moderate “The Chosen One’s” opponent?At least with liberals,you know what you’re going to get.With Republicans,not so much.Newt stepped on a lot of toes while he was in Washington.Do not doubt for a second the entrenched GOP won’t turn their backs on him like they did to Sharron Angle and Christine O’Donnell.Look for people like Krauthammer and Rove to lead the attack.

There is precious little left of the country we grew up in and our founding documents are in shreds.Mr.Hawaiian Vacation is eminently beatable.I wish we had somebody with the guts to do it.

FROM AMERICAN THINKER

There has been much talk lately about the need for the Republican presidential nominee to move to the center. This is a mistake. The only way to beat Barack Obama is to oppose him rigorously, relentlessly, and without remorse.

This election needs a fiscal, foreign policy, and economic conservative. The man to defeat Obama must present the nation a clear choice between further socialism under Obama’s control or prosperity through economic freedom, but that’s not all; he will need to show the world who Barack Obama is.

Americans may be inattentive, or even self-involved, but we are not idiots. Anyone can see the almost three years of failed Obama governance and know that the meme which the legacy media is trying to sell is a lie. Obama is not just a failure; he is a spectacular failure — and it’s not George Bush’s fault, or that of an obstructionist Congress.

For the first two years of his presidency, Barack Obama had super-majorities in both houses of Congress. That’s 100% of 2 out of the 3 branches of government (Legislative, Judicial, and Executive). He could have done anything he wanted — immigration reform, tax increases for the 1%, or a stimulus twice as large. He added $5 trillion to the national debt in less than three years; he could have doubled that, if he chose.

Instead, he gave us Dodd-Frank Financial Reform, which frankly reformed nothing, making it impossible for businesses to get loans and people to get mortgages, while making credit cards and bank accounts more expensive for everyone. Does anyone remember free checking, or low-interest credit cards with no fee? Well, the president fixed that for us.

He gave us ObamaCare, the means by which our government restricts care to the sick while making it more expensive for the healthy — all while scaring business into constraining employment and hoarding cash, instead of hiring and investing.

Before the passage of ObamaCare, 80% of Americans were satisfied with their health insurance. Yet Barack Obama felt the need to fix it. Some have said that getting his name in the history books was more important to him than actually fixing what was broken.

He shut down the oil industry in the Gulf, and any fossil fuel development on land, off our coasts, or at sea, simply to raise the price of all energy to the point where his green energy dreams would be cost-effective. Remember $2-a-gallon gasoline or home heating oil under $1? It wasn’t that long ago. Barack Obama fixed that for us.

After suffering a Barack shellac in the 2010 midterms, the president still controls one and a half of the three branches of government, while the Republicans control but half of one branch, the House of Representatives. Yet the president’s message is not remorse for two years of dismal policy and economic disaster; it is that the Republicans have prevented him from solving the country’s problems. This is how he will run in 2012.

Americans, despite how “lazy” and “soft” Barack Obama believes us to be, can see how bad things are, and even though some may buy the president’s lies, most are going to lay responsibility for the nation’s woes right where it belongs: at Barack Obama’s feet.

Obama’s only concern, since losing the House last year, has been his own reelection. The constant campaigning in Darth Vader’s bus — made in Canada because, despite blowing tens of billions of dollars on bailing out car companies, Obama couldn’t find an American-made bus acceptable for a king — his non-involvement in the Super-Committee’s debt reduction negotiation, the delay of the Keystone XL pipeline, and the proposing of the American Jobs Act — which is basically the same as the failed Stimulus, just half as big — all display our president as a non-participant in the exercise of active governing, while fully immersed in his eternal reelection campaign.

Where does he go from here? Straight for the jugular, I fear, because he needs to destroy those who dare to oppose. What other option does he have with his record?

Barack Obama will fight dirty. The nation needs a candidate who will do the same. After all, anyone who thinks that one of Herman Cain’s accusers, Sharon Bialek, living in the same building as David Axelrod is a coincidence is delusional. Obama will run the most negative campaign in recent history. There will be allegations of racism, of corruption, of incompetence. The Republican nominee needs to understand that in order to beat someone at mud-wrestling, you must get in the mud.

Friedrich Nietzsche wrote in Beyond Good and Evil that “he who fights monsters should see to it that he himself does not become a monster.” No truer words were ever written.

Yet to do battle with Mr. Obama, any candidate will have to become something of a monster, aggressive and unremitting, without pause or embarrassment. Nothing should be off the table: Obama’s associations with Bill Ayers, the former terrorist; his decades-long relationship with the race-baiting Jeremiah Wright, the religious zealot of “God damn America” fame; all the czars and disastrous nominations like Van Jones, an avowed “truther,” and Elizabeth Warren, who takes credit for the moral underpinnings of the OWS crowd, and Craig Becker, Obama’s recess appointment to the NLRB who is busy pushing through a pogrom of forced unionization and governmental control of industry by regulatory fiat, and Lisa Jackson, who as head of the EPA has made it her life’s goal to destroy America’s manufacturing, electrical generation, and fossil fuel industries, also through regulation, and the failed and incompetent Eric Holder, with his Fast and Furious program, where the administration sought to bolster support for gun control by deliberately arming Mexican drug cartels, resulting in hundreds of deaths in Mexico and one in America…as well as all the golf, all the vacations, the crony capitalism, the disregard for the Constitution. On and on it goes, because Barack Obama has provided, in less than three years, plenty of ammunition to do battle against his most dismal presidency.

The Republican candidate cannot take the high road like John McCain and refuse to fight. Barack Obama will not be constrained; he will use whatever he can against whoever is his opponent, without reservation, including every underhanded trick and lie at his disposal. The legacy media will not only support him in this, but they will be complicit in his dirty politics.

While conservatism is a set of principles for economic governance, liberalism is a religion for world control. Like any creed, it must be believed wholeheartedly. Then, all else loses significance. The rule of law, moral convention, and civility mean nothing to someone confident that he is on the side of what is right and just. As long as such people are true to the liberal faith, no law or ethic need apply to their actions.

The Republicans have to understand that mindset and get dirty — fight with both hands — for this election will be a battle to the death for the nation, and perhaps the world.

Barack Obama is the ultimate of bullies. Yet, like most bullies, it is the challenge he fears, the truth he despises. The ultimate terror for Barack Obama is that the world will see who he really is: a petty man of little talent and few gifts.

The Republican candidate needs to show the world this truth.

(By William L. Gensert at The American Thinker)

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Filed under Barack Obama, Economy, Elections, Fast & Furious, Keystone Pipeline, National Debt, Obamacare, Republicans, U.S. Congress, Unemployment

A PACK OF YELLOW COWARDS

THE ESTABLISHMENT GOP IS AS CRAVENLY COWARDLY AS THE BASTARD IN THE WHITE HOUSE IS EVIL.I AM SO SICK OF THE LEFT THROWING INSULTS AND ATTACKS ON OUR GOOD PEOPLE AT WILL WITH NO RESPONSE WHILE WE DO NOTHING BUT WHINE,I WANT TO VOMIT.IF WE FIND ANYBODY WITH A SET OF CAJONES I’LL BE BACK.

On private call, Republicans say attacking Obama personally is too dangerous: Yahoo News exclusive

By Rachel Rose Hartman
Political Reporter

Obama greets a crowd at Wilkes Barre/Scranton International Airport (Carolyn Kaster/AP)

Republicans on a private Republican National Committee conference call with allies warned Tuesday that party surrogates should refrain from personal attacks against President Barack Obama, because such a strategy is too hazardous for the GOP.

“We’re hesitant to jump on board with heavy attacks” personally against President Obama, Nicholas Thompson, the vice president of Tarrance Group, a Republican polling firm, said on the call. “There’s a lot of people who feel sorry for him.”

Recent polling data indicates that while the president still suffers significantly low job approval ratings, voters still give “high approval” to Obama personally, Thompson said.

Voters “don’t think he’s an evil man who’s out to change the United States” for the worse–even though many of the same survey respondents agree that his policies have harmed the country, Thompson said. The upshot, Thompson stressed, is that Republicans should “exercise some caution” when talking about the president personally.

On the call–which Yahoo News was invited to attend because of a mistake by someone on the staff of the Republican National Committee–Ari Fleischer, the former press secretary for George W. Bush, encouraged Republicans to turn around the Democratic attacks lobbed at the GOP presidential candidates (Mitt Romney and Newt Gingrich, for starters) for “flip-flopping.”

“I don’t like playing defense,” Fleischer said. He suggested the listeners to Tuesday’s call label the president as a flip-flopper on the following issues: opposing tax increases for those making under $250,000; opposing the Bush tax cuts; opposing raising the debt limit; and opposing a health care mandate.

“When it comes to flip flopping, Barack Obama is the king of flip flopping,” Fleischer said. “You can offer that to anybody,” he suggested.

Thompson noted that Obama may be boxed in by similarly strong personal approval numbers for Republican lawmakers as he ponders attacking the GOP House majority during the 2012 campaign.

“Obama running against Congress is not going to work,” Thompson said.

In a poll conducted in early November by the Tarrance Group and the Democratic group Lake Research for Politico and George Washington University, voters gave their personal member of Congress a 46 percent approval rating–even higher than the 44 percent personal approval numbers for Obama in the survey, Thompson said. (The poll has a margin of error of plus or minus 3.1 percent.)

Fifty-eight percent of the voters surveyed disapproved of how Obama is handling relations with Congress, according to Tarrance’s November poll.

“It’s a tough road for him when you look at those numbers,” Thompson said of the president.

Thompson said that his group’s research suggests that voters are giving Obama higher approval on foreign policy than on the issue of jobs and the economy.

Voters aren’t simply looking at the president as the symbol for a “broken Washington,” Thompson said.

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Filed under Barack Obama, Democrats, Economy, Elections, Republicans, U.S. Congress

Economic Social Justice

I was really interested to read about Distributism (http://en.wikipedia.org/wiki/Distributism), especially because of the distinction it makes between wealth and property.

All that yapping the Occupiers have been doing about the alleged “99% vs. 1%” is about wealth, not property, and I’ve heard that kind of trash talk many times in the past when various anti-Catholic groups would get to harping on how “rich” my church supposedly is (therefore, we’re selfish and greedy, don’t care about the poor, yada yada).

But I’ve belonged to one Catholic parish or another my entire life. I’ve served on parish councils, examined the annual statements and helped Dearest when he was chairperson of the building committee that did a major rehab on our facility.

You know where the alleged wealth of our parishes are located?

In the property we use.

We don’t have millions stashed away under the priest’s mattress. We have land and a building that we and others in our community use every day for worship, spiritual direction and counseling, educational programs, day care, exercise classes, and a host of other things.

Our parish is very small, so we work with other churches in the area to do the food cupboard, which is located in a non-Catholic church building, but many larger Catholic parishes maintain schools, food cupboards, soup kitchens, homeless shelters and other programs that all require buildings on land that have dollar values attached to them.

You could call that dollar value the “wealth” of the church. But it ignores the WORK that property is doing. It ignores all the jobs associated with that work. It ignores all the good those facilities and jobs do in the community. It also ignores the costs of utilities and upkeep.

That Occupy thing about 99% vs. 1% is based on wealth. They’ve taken one unimportant and extremely deceptive statistic about our nation, used it to falsely condemn our entire economic system and then, in the name of social justice, demanded we shift our economy toward Socialism.

But it’s all a lie.

The true model for economic social justice is not Socialism, but Distributism. We don’t hear much about it, which is a shame, because it’s good stuff.

Basically, Distributism says that for maximum economic social justice, property should NOT be centralized under the control of the state (Socialism) OR under the control of a few huge businesses or wealthy private individuals (Capitalism).

Instead, property (not wealth) should be spread out among the general populace in the form of small businesses and worker-owned cooperatives.

Pay attention here. Distributism does NOT promote redistribution of wealth. It promotes small business.

I have lived virtually my entire life in close proximity to one or more small family businesses. My parents’ sporting goods business employed 10 or 15 people and put me and my 5 sibs through college; hubby’s rental property venture got us enough money to buy our own home; his one-man architecture business supported me and our three kids. There was and is very little wealth in any of these ventures, but they provided jobs, goods, services and a good life to our families and to people in the community.

And that is the point of Distributism, to focus not on whose bank account is bigger, but on what is best for people.

Thinking about all these things got me wondering how well our nation is doing in promoting the kind of small operations that Distributism says are the ideal for an economically just society. I found these eye-opening statistics at http://www.census.gov/econ/smallbus.html:

Ignore that 99% vs 1% crap. Here are the FACTS:

HALF the jobs in this country are in small businesses that generate 42% of the money!

HALF the employees in this country work for business with fewer than 500 employees and 70% of those work in businesses with fewer than 100 employees!

If Distributism is the best economic model for social justice — and I’m inclined to think it is — then the United States of America is doing a pretty darn good job on the economic social justice front!

According to Occupy, I’m part of the “down-trodden” 99%.

Well, phooie on them. I’ve had a great life!

I think I’ve been really blessed to have lived in a country where my mom and dad could start a business in the spare bedroom and work to make it grow enough to put six kids through college. I’ve loved my life as the wife of a small businessman and I know my kids were blessed in many ways to have a self-employed dad who worked out of the house.

And you know what else? The same people who push for bigger and bigger government, more and more regulation, and higher and higher taxes … THOSE people are KILLING small businesses in this country.

IOW, in the name of economic social justice, the Left is working as hard as they can to REDUCE economic social justice!

Below is just one example:

Choking on Obamacare – December 4, 2011

http://patriotupdate.com/15384/choking-on-obamacare

CKE, with more than 3,200 restaurants (Carl’s Jr. and Hardee’s), has created 70,000 jobs, 21,000 directly and 49,000 with franchisees. The growth of those numbers will be inhibited by — among many government measures — Obama­care.

When CKE’s health-care advisers, citing Obamacare’s complexities, opacities and uncertainties, said that it would add between $7.3 million and $35.1 million to the company’s $12 million health-care costs in 2010, CEO Puzder said: I need a number I can plan with. They guessed $18 million — twice what CKE spent last year building new restaurants. Obamacare must mean fewer restaurants.

And therefore fewer jobs. Each restaurant creates, on average, 25 jobs — and as much as 3.5 times that number of jobs in the community. (CKE spends about $1 billion a year on food and paper products, $175 million on advertising, $33 million on maintenance, etc.)

Puzder laughs about the liberal theory that businesses are not investing because they want to “punish Obama.” Rising health-care costs are, he says, just one uncertainty inhibiting expansion. Others are government policies raising fuel costs, which infect everything from air conditioning to the cost (including deliveries) of supplies, and the threat that the National Labor Relations Board will use regulations to impose something like “card check” in place of secret-ballot unionization elections.

——————–

FROM: Table 2a. 2008 (Big numbers rounded to spare my brain)

# of all firms in the United States: 27 million # of all employees: 121 million Annual receipts: $31 trillion

1) # with 500 or more employees: 18 thousand # of all employees: 61 million Annual receipts: $18 trillion

2) # less than 500 employees: 27 million # of all employees: 60 million Annual receipts: $13 trillion

http://www.census.gov/econ/smallbus.html

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Filed under Catholic Church, Economy, Obamacare, Occupy Movement

On the brink

America is on the brink of financial suicide, because folks voted for politicians who promised them free stuff.

But folks are never satisfied with what they’re getting; they always want more, so they voted again, and again, and again for politicians who promised to give them more and more and more.

We have let the free stuff giving go on for so long that there are now more people getting free stuff than there are paying for the free stuff.

The people who are paying for all that free stuff can’t afford it any longer.

But those “Tax the rich!” and “Republicans just want you to die!” politicians want to keep their cushy jobs, so they tell the folks who are getting free stuff that the people who are paying for the free stuff are greedy and mean.

In reality, it is the politicians who preach hatred and the folks who demand free stuff who are being greedy and mean.

America is on the brink of financial suicide, but there is a very simple solution. In November of 2012:

Vote FOR the people who talk about cutting spending and lowering taxes,

and,

Vote AGAINST the people who preach hatred and class envy.

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Filed under Economy, Taxes

Distributism: The Third Way

Three acres and a cow was his way of referring to his economic philosophy of distributism.

“Too much capitalism does not mean too many capitalists, but too few capitalists.” ~G.K. Chesterton

G.K. Chesterton and other Catholic thinkers of his time developed an economic philosophy they called distributism. They based it on the Catholic Church’s social teaching, particularly Pope Leo XIII’s encyclical Rerum Novarum and Pope Pius XI’s encyclical Quadragesimo Anno.

According to distributism, the ownership of the means of production should be spread as widely as possible among the general populace, rather than being centralized either under the control of the state (state socialism) or in the hands of a few large businesses or wealthy private individuals (laissez-faire capitalism).

“Distributism seeks to subordinate economic activity to human life as a whole, to our spiritual life, our intellectual life, our family life.” ~Thomas Storck

It has been successfully realised by commitment to the principles of subsidiarity and solidarity:

Subsidiarity means that matters should be handled by the smallest, lowest or least centralized body that is competent to handle them.

Solidarity refers to the social ties that bind people to one another.

Distributism advocates widespread private ownership of housing and control of industry through financially independent, worker-controlled local cooperatives and small family and owner-operated businesses.

Its practical implementation in the form of local cooperatives has recently been documented by Race Mathews in his 1999 book Jobs of Our Own: Building a Stakeholder Society.

SOURCES:

http://en.wikipedia.org/wiki/G._K._Chesterton

http://en.wikipedia.org/wiki/Three_acres_and_a_cow

http://en.wikipedia.org/wiki/Distributist

http://en.wikipedia.org/wiki/Subsidiarity_%28Catholicism%29

http://en.wikipedia.org/wiki/Solidarity

RERUM NOVARUM: ENCYCLICAL OF POPE LEO XIII ON CAPITAL AND LABOR

Full text @ http://www.vatican.va/holy_father/leo_xiii/encyclicals/documents/hf_l-xiii_enc_15051891_rerum-novarum_en.html

QUADRAGESIMO ANNO: ENCYCLICAL OF POPE PIUS XI ON RECONSTRUCTION OF THE SOCIAL ORDER

Full text @ http://www.vatican.va/holy_father/pius_xi/encyclicals/documents/hf_p-xi_enc_19310515_quadragesimo-anno_en.html

Jobs of Our Own: Building a Stakeholder Society: Alternatives to the Market and the State by Race Mathews

Available @ http://www.amazon.com/Jobs-Our-Own-Stakeholder-Alternatives/dp/0967970792

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