I did not duplicate any news items; each of the cuts in the graphic below represents a different event. When I googled “Obama blames”, I got multiple hits on each time he blamed somebody. I only used one per. And I only got through the first 14 pages on the Google search results before I ran out of room. The hits themselves went on and on and on.
Americans who seriously care need to look beyond tired old Democrat slogans and learn how the economy actually works. Otherwise, we’re headed into another Great Depression.
Below: Cato Institute report on the real impact of Reaganomics. Cato is a Libertarian organization; they are NOT apologists for either party.
October 22, 1996 – By William A. Niskanen, Stephen Moore, Fiscal Policy Studies, Cato Institute
Summary
This study assesses the Reagan supply-side policies by comparing the nation’s economic performance in the Reagan years (1981-89) with its performance in the immediately preceding Ford-Carter years(1974-81) and in the Bush-Clinton years that followed (1989-95).
On 8 of the 10 key economic variables examined, the American economy performed better during the Reagan years than during the pre- and post-Reagan years.
This study also exposes 12 fables of Reaganomics, such as that the rich got richer and the poor got poorer, the Reagan tax cuts caused the deficit to explode, and Bill Clinton’s economic record has been better than Reagan’s.
NEWSWEEK’S BACHMANN COVER SO AWFUL EVEN NOW MAKES A STATEMENT
This is nothing new;remember in ’08 when that hack photographer lit McCain from underneath to make him look scary?And readily admitted she did it on purpose?
A little nature lesson for ya,bubala;these people were camping amid wild animals.Wild animals have three tasks in life–eat,defecate,procreate.Been doing it a long time.The bear was underweight because midsummer is not peak feeding season.When the salmon run starts next month,bears gorge themselves to store fat for the winter.If humans go into a wild animal’s territory,they assume considerable risk,especially if they don’t know what they’re doing.Apparently studying nature was not in your journalism class at Harvard.Stick to what you know,like bashing republicans as barefoot,beer-guzzling imbeciles and eeevil corporate bigshots.Leave how the real world works to us,K?
I was astonished to learn the federal government was borrowing a MUCH larger portion of its operating expenses in the 1930s than it is today. I was taught that FDR got us out of the Great Depression. Based on that, I’d conclude that Democrats are right, deficit spending to “prime the pump” is a good thing and we should tax, spend and grow government even bigger. Screw S&P. Run that old federal debt right up to 100% of the GDP. Or more!
But wait. Lately, I’ve been reading that FDR’s policies actually extended the Depression by many years and that it was only World War II that finally lifted us out of the prolonged economic slump. So maybe borrowing and spending is not such a great idea, especially looking at what’s happened to Greece and other places that ignored their red ink.
E.g., a city in Rhode Island recently declared bankruptcy. All the government employees got laid off and all their benefits-cushy union contracts have been canceled. Is California next? Is New York? Should we not listen to the canaries in the coal mine?
ABSTRACT: On 8 of the 10 key economic variables examined, the American economy performed better during the Reagan years than during the pre- and post-Reagan years (including Clinton’s). The rich did NOT get richer, the poor did NOT get poorer, the Reagan tax cuts did NOT cause the deficit to explode.
WISCONSIN RECALL ELECTIONS COMING DOWN TO THE WIRE
It’s tomorrow,folks;if the dems can flip 3 of 6 seats they can regain control and undo everything Walker has accomplished.Elections have consequences except when democrats lose.
I KNOW POSTS WITHOUT VIDEOS OR PICTURES ARE AS DULL AS DISHWATER–SORRY
UPDATE FROM CHRISSY: Sorry to invade your space, Pete, but I canNOT get this darn thing to load right in comments and it’s not important enough for its own blog entry. Click to embiggen and read Hanna’s pithy response to Obama.
MEET THE FRESHMAN KEEPING CONGRESS IN SESSION THIS SUMMER
These guys are heroes.By having a congressional session every three days they are preventing Obama from making recess appointments.We should all get their e-mail addys and thank them for standing up for us.
THIS WOMAN SHOULD BE ON THE SCOTUS–INSTEAD WE GET A ‘WISE LATINA’ AND A JEWISH LESBIAN
OBAMA TEAM TURNS ITS FOCUS TO TOUGH RE-ELECTION FIGHT
This clown will have over a billion dollars to spend on attack ads.He won’t need to pay to advertise himself–the media whores will do that for him for free.
Rush nailed it yesterday when he told a caller economic justice is when a democrat takes money from someone who won’t vote for him and gives it to someone who will.
polination.blog 