Justin From Texas » U.S. Economy

Just Keep Fiddlin’, Nero: Obama: “I Don’t Think We Are In Danger Of Another Recession”

Justin — Thu, 18 Aug 2011 22:27:43 +0000

I’d be willing to bet most people on the street think we’re already in another recession, so in that sense, I guess you could argue the danger has passed. Otherwise, I suspect the President needs some new advisers.

Reason.tv: Obama Gets Mythbusted!

Justin — Tue, 07 Dec 2010 18:03:12 +0000

Man, I love these guys! Fun little video, with an accompanying piece piece explaining their claims. That second video is after the jump:

Interesting Banned Ad: Chinese Professor

Justin — Sun, 07 Nov 2010 18:37:54 +0000

According to Sean Paige, this ad by Citizens Against Government Waste is being rejected by major media outlets. Check it out and let me know what you think. Are they overreacting, or has CAGW taken their campaign a step too far?

Stimulating The Dead

Justin — Fri, 15 May 2009 13:54:11 +0000

To be fair, dead people are the poorest voters out there, and they do vote Democrat. Why wouldn’t the government help them out?

Obama To Trim Budget By $100,000,000

Justin — Mon, 20 Apr 2009 16:59:19 +0000

So, President Obama has asked a few federal departments to figure out a way to cut $100 million from the budget. Cuts are good, but the overall Obama budget is $3.55 trillion (HT: The Drudge Report). So, to put this in numbers most people can understand, this is the equivalent of someone with an annual salary of $35,500 taking a pay cut of $1.

Why, oh why, do I think this is all just for show?

California Is Struggling: 8th Largest Economy In The World On The Verge Of Bankruptcy

Justin — Tue, 17 Feb 2009 18:22:42 +0000

From The LA Times:

In addition to shutting down public-works projects, Schwarzenegger administration moves toward massive state layoffs as legislators again fail to garner the final GOP vote needed to pass a budget.

Full Article

Now, the Republicans are looking like the bad guys based on the above statement. However, it looks like they’re fighting a tax increase, which is good, as a tax break is more likely to help the economy than tying up everyone’s disposable income with more taxes.

Cali needs something, but this ain’t it.

Will Las Vegas Be A Casualty Of The Economy?

Justin — Sun, 15 Feb 2009 04:17:10 +0000

From KTNV:

Some locals who depend on conventions to survive say they can’t afford the war of words going on between President Obama and Mayor Oscar Goodman.

Full Article

Don’t get me wrong, I don’t think a company that’s taken government money should have extravagant bashes on the taxpayers’ tab, but I also don’t think they should be expected to do absolutely nothing to build morale. Maybe conventions could be toned down a little?

Bottom line: a fun place to work has more potential to be a successful business, and punishing the low-level employees for high-level stupidity isn’t going to fix anything.

Chuck Shumer Thinks You Like Pork

Justin — Tue, 10 Feb 2009 17:19:25 +0000

Really, Chuck? You honestly think people don’t care how you spend their money? REALLY?

Stimulus Likely To Pass: More Money That Won't Help Is On Its Way!

Justin — Wed, 28 Jan 2009 18:15:16 +0000

From AFP:

US lawmakers were to hand Barack Obama the first major win of his week-old presidency on Wednesday, overriding chiefly Republican objections to pass an 825-billion-dollar economic stimulus plan.

Full Article

Well, we get lots of pork, including $335,000,000 for STD prevention, and a stimulus package that’ll do little to fix anything.

CHANGE! HOPE! POST-PARTISAN!

Whew, that makes it all better!

DeMint: “I’ve been around long enough to know whenever someone tells me I have to make a decision right now, my response is no…”

Justin — Wed, 28 Jan 2009 15:57:16 +0000

One of the best Senators out there (and probably a top 5 reason to consider moving to South Carolina) talks stimulus:

HT: Business & Media Institute