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  • economic stimulus

    Americans Want Jobs, Not Projects

    The American people rightly believe that President Barack Obama’s $787 billion stimulus package is a miserable failure. Vice President Joe Biden attempted to convince them other wise today announcing that the Obama administration met or exceeded all ten major projects that they claim defined the Recovery Act in its second … More

    Watch Barack Obama Destroy Our Country's Wealth

    Yesterday we linked to analysis from Naval Postgraduate School Associate Professor David Henderson detailing how the Obama administration’s Cash for Clunkers program destroys, on average, $3,450 of our country’s wealth every time a car is destroyed through the program. Today, Capital University Law School professor Brad Smith brings us videos … More

    Cash for Convicts

    If you thought Cash for Clunkers was terrible public policy, just wait till you hear the latest from Massachusetts: Federal economic stimulus cash was handed out to cons behind bars in Bay State prisons after a bureaucratic snafu resulted in $250 checks being sent to some inmates – and now … More

    Claims That Stimulus Is Working Are "Groundless"

    On August 6, Christina Romer, the chairman of the President’s Council of Economic Advisers, gave a talk entitled “So, Is It Working? An Assessment of the American Recovery and Reinvestment Act at the Five-Month Mark.” United States Court of Appeals for the Seventh Circuit judge Richard Posner has posted a … More

    How Obama's Stimulus Kills Job Creation

    This morning we detailed that since President Barack Obama passed his $787 billion stimulus package, the United States economy has shed nearly 2.8 million net jobs, the nation’s unemployment has gone up from7.6 to 9.4%. and nationwide a total of fifteen states are now suffering from 10% unemployment. But not … More

    Obama Economy Has Made DC The Best City Look For A Job

    TechCrunch reports today: The unemployment rate in the U.S. was still 9.4 percent in July, but some cities are better than others to look for a job. Of the top 50 metro areas, Washington, D.C., is the easiest for unemployed workers to find a job … The index ranks cities … More

    Morning Bell: A Clunker of a Stimulus

    Yesterday was the six month anniversary of President Barack Obama’s $787 billion stimulus package. Since the “American Recovery and Reinvestment Act” became law, the United States economy has shed nearly 2.8 million net jobs. When Obama signed the stimulus the nation’s unemployment rate stood at 7.6%. Today it is 9.4%. … More

    The Moral Case for Capitalism

    White House chief of staff Rahm Emmanuel wasn’t kidding when he said that a crisis is a terrible thing to waste, and according Arthur Brooks, president of the American Enterprise Institute (AEI), it was anything but wasted. “Indeed, the period of panic that everyone was facing opened a tremendous opportunity … More

    Jobs Down 247,000 -- Mission Accomplished?

    In a discussion about the economy and the stimulus package President Obama signed into law earlier in the year, Vice President Joe Biden last Sunday said, “Jobs are being created that would not have been there before. Can I claim credit that all that’s due to the recovery package? No. … More

    Is Cash for Clunkers Stimulating the Economy?

    Alan Greenspan says no: “It’s an interesting issue. I mean, I have qualms about the concept, but there is no doubt that that very extraordinary response is a very important indicator that the state of confidence in the economy is beginning to pick up. If we had been — the … More