Cancelled: There Will Be No Congressional Budget This Year
Democrats of 2004 Brand Obama Worst President
According to data from the U.S. Bureau of Labor Statistics, the U.S. shed 2.3 million jobs since February 2009, Obama’s first full month in office. Going back to World War II, that is by far the worst record for any president in his first 17 months, outpacing the job destruction experienced in the early Bush years by more than 800,000 jobs.Existing Home Sales Tumble Unexpectedly in May
For Obama, there is an even worse way to play the data, which might just become fodder for a political ad: From November 2008, the month he was elected, until now, the economy has shed an astonishing 4.4 million jobs. That’s worse than Hoover.
Sure, you can blame the first few months of that period on lame-duck President Bush. But perhaps companies accelerated their shedding of jobs because they were bracing for higher tax rates, increased union power and costly environmental taxes under Obama.
Other measurements are only slightly kinder to Obama. The two-percentage-point increase in unemployment rate during his presidency, to 9.7 percent from 7.7 percent, is the third-worst since World War II. Dwight Eisenhower and Gerald Ford saw bigger increases.
GDP growth under Obama, an abysmal 3 percentage points so far, is the fourth-worst in the postwar period. Eisenhower, Ford and Ronald Reagan all began their terms with worse GDP growth.
Hoyer: Permanent middle class tax cuts too costly
Fed Up Americans want to take scissors to the federal budget
Fixing Fannie and Freddie
This applies to everything from the environmental movement to economics - Bootleggers and Baptists
The Obama Speech We're Waiting For Fannie Mae and Freddie Mac need to get the BP treatment.
Democrats Latest Bailout Iteration
Burr: Reinstitute Glass-Steagall
US economy still in 'difficult period': Geithner
Emergency does not mean Important.
GOP sponsor may withdraw support for campaign finance bill
But here's some good news - Garden State Millionaire Tax Defeated
Is Illinois the New California?
Ideas into Actions
IMF Debunks Stimulus Jobs Projection
House Majority Leader: No Budget This Year
Tax Increases Won’t Create Jobs
Sen. Dick Durbin’s price control crusade is doomed to fail
Osborne Increases U.K. Value-Added Tax Rate to 20%
Goodbye Keynes, Hello Hoover
Borrowers trying to avoid foreclosure find help outside Obama program
An Envelope Full of Debt
Our view on real estate: Misguided housing subsidies promote unfairness, bailouts
If You Can't Budget, You Can't Govern
Show them the money: Democratic Congress can’t get its own spending approved