Posts tagged 'stimulus'

Bad Economic News Casts Further Doubt on Obama Administration

by SteveK @ Wednesday, July 21st, 2010. Tags: , , , , , , ,
Filed under Culture, Economics, Government

Two stories reported today confirm what many have said about the Obama administration not being interested in economic recovery, or perhaps may be intentionally harming the economy as I explain in an earlier post.
Obama Administration’s Actions in Auto Bailout Added to Unemployment, Audit Says
“At a time when the country was experiencing the worst economic downturn [...]

Numbers Are In: Government “Stimulus” Officially a Failure

by SteveK @ Thursday, July 8th, 2010. Tags: , , , , , ,
Filed under Economics, Government

As if there were any doubt. But true believers of Keynesian economics have total faith in the top down, government-knows-best solution to economic woes despite its dismal track record.
“Yeah, I think we can say the stimulus was a bust,” Stephen Moore, a Wall Street Journal editorial board member and the newspaper’s senior economics writer, tells [...]

Bogus Obama “Save or Create” Jobs

by SteveK @ Monday, July 20th, 2009. Tags: , , , , , , , ,
Filed under Economics, Government

At first, then candidate Obama said his administration would “create” jobs, which then slowly morphed into “create or save” once he became president. He repeatedly claimed the so-called stimulus was to already have saved or created at least 150,000 American jobs, and by boosting the stimulus spending he could “save or create” an additional 600,000 [...]

More Bureaucrats Are Never the Answer

by SteveK @ Wednesday, February 25th, 2009. Tags: , , , , ,
Filed under Economics, Government, History

If you asked the average person on the street if they want the government in their lives taking their money and controlling their choices, most people would say no. Of course no one wants to be controlled by bureaucrats or have less freedom, but the erosion of liberty is an inevitable consequence of the ideology [...]

Stimulating More Recession

by SteveK @ Sunday, February 15th, 2009. Tags: , , , ,
Filed under Economics, Government

With the passage of the massive government spending under the guise of a stimulus plan, what can be expected? If history teaches anything, it will do very little if anything positive for the economy. Leaving aside the fact that it was the government that caused the economic downturn to begin with, what evidence is there [...]

[The National Scene is proudly powered by WordPress.]

FireStats icon Powered by FireStats
WP-Highlight