The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

Democrats Have Their Economic Excuse Ready: Blame Rahm Emanuel!

Paul Krugman is the de facto leader of those neo-Keynesians who say the problem with Obamanomics is that the stimulus package wasn’t big enough. And he links to this interview with Rep. David Obey (D-Wisc.) who points the finger at Rahm: The problem for Obama, he wasn’t as lucky as Roosevelt, because when Obama took […]

It’s FDIC Failed-Bank Friday!

How’s that “recovery summer” workin’ out for ya? Regulators on Friday shut down three banks in Florida, two in South Carolina and one in Michigan, bringing to 96 the number of U.S. banks to succumb this year to the recession and mounting loan defaults. . . . With 96 closures nationwide so far this year, […]

Ezra Klein Admits: ‘It Won’t Work’

“Notice that adding new jobs at a rate of 200,000 a month would take us 150 months — or 12.5 years — to get back to normalcy. So far, only April has seen more than 200,000 in non-census jobs growth — and even then, just barely.” — Ezra Klein, July 16, 2010 Hmmm. Dow Jones […]

Economic Ignorance Syndrome

Professor William Jacobson takes a closer look at the latest poll numbers. What’s shocking is that, according to the WaPo/ABC poll, 20 percent “strongly approve” of Obama’s handling of the economy. Which means that the editors need to fix headline on the article: Study finds 1 out of 5 Americans exhibit brain-damage symptoms

Americans Realize It Won’t Work

The failure of Obamanomics becomes obvious: A pair of new polls find that with less than four months until the midterm elections, Americans’ confidence in President Obama’s handling of the economy continues to crater. A new Washington Post/ABC News poll finds that just 43 percent approve of Obama’s handling of the economy, with 54 percent […]

Rachel Maddow and the Politics of Stupid

Why hasn’t the American public completely repudiated the policies of the Obama administration? At a time when the unemployment rate has been hovering near 10 percent for nearly a year, Obama’s job approval numbers are very near dead even, and Republicans are just barely leading on the generic ballot. Why isn’t the administration’s abject failure on economic issues more […]

The Roberts Court Will No Doubt Give The 6th Month Drilling Moratorium A Good Listen

by Smitty Mighty Michelle Malkin echo’s Yahoo’s report that the 5th Circuit told the White House to talk to the hand on the ban. She also notes: . . .it’s reportedly too late for some companies that are already moving rigs and workers overseas for projects. Really, if the Administration can’t just decapitate the Gulf […]

Which Is Better for the Economy: Getting a Job or Collecting Unemployment?

When Nancy Pelosi declared that unemployment compensation “creates jobs faster than almost any other initiative you can name,” most people laughed at this obvious affront to common sense. Yet considering that common sense doesn’t seem to be all that common — Nancy Pelosi is, after all, Speaker of the House — it’s nice to have someone explain […]

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