May
07
2012
One thing that always amazes me with the left is their idiotic drive to believe in a biased number over brutal reality. Last week the monthly unemployment numbers came out and we are supposedly on a glide path to economic repair because the unemployment rate dropped to 8.1%. The fact is the 8.1% unemployment number [...]
Mar
16
2012
I think one of the deep nagging problems with this election cycle is how we are experiencing the demise of big-government intervention as we collectively realize there are no easy (or cheap) answers to be found in the mythical magic of government as our savior. Government has a role to play, but as been shown [...]
Feb
17
2012
OK, the only thing I get out of this story (besides heart burn that my family is going $70K in debt simply because Obama is in office) is to wonder how incompetent you have to be to not control your spending, so you avoid looking to the entire world like you can’t control your spending: [...]
Feb
03
2012
All you need to know about the latest unemployment numbers is here. It is the same dodgy data I have pointed to for almost a year (see here, here, here and here for example, note sometimes I forgot to update the month label on the charts, but the data is up to the last month). [...]
Jan
08
2012
I always marvel at people who think PR is more powerful than reality. The bureaucrats in DC are a prime example of this weird belief system. They put out dodgy unemployment numbers and expect everyone suffering from a poor job market to suddenly think everything is OK! It’s clearly magic wand time in DC again. [...]
Jan
05
2012
With the Christmas season now over, I expect to see the weekly jobs picture start to slide back into the danger zone as the holiday part time work load disappears. And we can see that already in this week’s job data (which data reports through 12/24/11): In the week ending December 24, the advance figure [...]
Dec
12
2011
I had to read this liberal’s epiphany and laugh a sad laugh: But today, the most important sentence isn’t a report on something that just happened, but a fresh look at something that’s been happening for the last three years. In particular, it’s this sentence by the Financial Times’ Ed Luce, who writes, “According to [...]
Dec
02
2011
Update: Hot Air notes someone else did another calculation – 11% – end update One thing this recession has taught a lot of us is the fact that some federal statistics simply suck. Take the unemployment rate. People honestly think this is the number of people who want a job and don’t have one. But [...]
Nov
17
2011
There is a theory about how a level of tolerance can creep into a neighborhood (or even a society) because people turn their backs on their little slice of paradise in America and then create a crime ridden, economically bankrupt mess. It is call The Broken Windows Theory: The theory states that monitoring and maintaining [...]
Oct
19
2011
Harry Reid’s DC arrogance has now morphed into DC moronic: Senate Majority Leader Harry Reid (D-Nev.) on Wednesday said Congress needs to worry about government jobs more than private-sector jobs, and that this is why Senate Democrats are pushing a bill aimed at shoring up teachers and first-responders. Not sure where he gets his Kool-Aid, [...]
Oct
12
2011
It looks like not only is the GOP field of Presidential contenders settled, so too is the likely GOP nominee and next POTUS. Herman Cain continues to grow in strength because of what he is not – a cautious career politician. Last night I saw both the liberal media establishment AND the GOP political establishment [...]
Oct
05
2011
A lot of people thought I may have jumped the gun in declaring President Obama a one term wonder after the debacle that was the debt limit debate, but it was not that hard a call. When the man who won on being the post-partisan hope for change failed for the umpteenth time to really [...]
Oct
05
2011
I just keep marveling at how much deeper the Democrats and Liberal Left keep digging their hole with the American voters. First they screw up the mortgage market by lowering standards for loans, that in turn led to mountains of useless loan paper, which then collapsed the financial markets. This caused home values to tank, [...]
Sep
28
2011
Competent: Having sufficient skill [1], knowledge [2], ability [3] or qualifications [4] The concept of being competent (versus incompetent) has been lost on career politicians and bureaucrats. To them competence is optional (or maybe even coincidental). All that matters is power – i.e., how many people do your bidding, how much money are you controlling [...]
Sep
22
2011
A ray of hope burst out from DC’s dark echo chamber yesterday as the House GOP put an end to the deficit/debt fiasco by opposing GOP House Leadership on a stop gap spending bill for GFY 2012: The House stunned Republican leaders Wednesday by rejecting a temporary spending bill that would have funded the government [...]