By Carole on Jan 4, 2010
When President Obama and the Democrats in Congress pushed through their $787 billion stimulus package early last year it was at least remotely possible they really believed it would stimulate the economy and create jobs. But soon after it was rammed through the legislative process the promises of creating jobs became claims of saving them and the 8% unemployment rate the bill was supposed to prevent skyrocketed to over 10%. Now those same Democrats want to squander even more taxpayer money on a phony job-creating bill.
By Carole on Dec 18, 2009
As a political blogger, President Obama has given me an abundance of gifts this year - so many mishandled situations, bad decisions and flawed legislation to write about. So as the season of gift giving is nearing its climactic conclusion, I give you The 12 Days Of Christmas During The Obama Administration:
By Carole on Jul 14, 2009
Today President Obama proposed a multi-billion dollar government investment in community colleges. He wants $12 billion of taxpayer money to be spent on the two year institutions to train more people for "the jobs of the future" and address dropout rates. (source) Here's a thought: let’s concentrate on jobs of the present and stop creating an environment that encourages students to drop out of school.
By Carole on Jul 10, 2009
There's been talk lately of a second stimulus bill since the first one didn't actually stimulate the economy or create jobs. Most recently super investor Warren Buffett has said a second stimulus package might be needed. But he also likened the first $787 billion stimulus package to "half a tablet of Viagra and then having also a bunch of candy mixed in - it doesn't have really quite the wallop." (source) So here's my question: would a second stimulus replace the one that's not working? There's not a lot of talk about that yet.
By Carole on Jul 3, 2009
Today the stock market fell 223 points. The Labor Department reported a loss of 467,000 more jobs in June. The unemployment rate is at 9.5 percent; a 26-year high. And President Obama responds by saying he is "absolutely confident that we can, at this period of difficulty, prove, once again, what this nation can achieve when challenged." (source) His confidence might be a bit more comforting if his own policies weren't prolonging this period of difficulty and his proposed reforms weren't creating even more challenges.