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Keyword: obamonomics

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  • If I told You, Would You Have Believed?

    10/03/2009 9:37:51 AM PDT · by lowbridge · 26 replies · 1,669+ views
    American Thinker ^ | October 3, 2009 | Brian Sussman
    It was within moments of capturing KSCO's signal that I began to hear an engaging commentary by their owner, Kay Zwerling. Kay's premise was, "If I had told you that within the first 200 days of Barack Obama's presidency...?" And her short list of political atrocities began. Kay wondered aloud, who would have believed that within the first seven months of the new administration, 90% of all mortgages in the United States would be backed by the federal government (placing the taxpayer at risk for over $5 trillion dollars, I might add). The U.S. government, she said, would also become...
  • Spreading the Wealth: The end of welfare reform as we knew it. (NRO)

    09/16/2009 6:44:28 AM PDT · by angkor · 6 replies · 664+ views
    National Review Online ^ | September 16, 2009 9:00 AM | Stephen Spruiell
    The end of welfare reform as we knew it. By Stephen Spruiell When Barack Obama said he wanted to “spread the wealth around,” he meant it. A new study from Robert Rector of the Heritage Foundation estimates that Obama’s policies would spend $10.3 trillion on welfare programs over the next decade. Obama started increasing welfare spending immediately after assuming office. The stimulus bill included $220 billion in new means-tested spending, including a little-noticed provision that repealed one of the key welfare reforms of the Clinton era. The 1996 Personal Responsibility and Work Opportunity Act capped welfare dollars to states, ending...
  • $$$$ThE oFfIcIaL fRiDaY sIlLiNeSs ThReAd$$$$

    03/13/2009 5:34:37 AM PDT · by Lucky9teen · 143 replies · 5,056+ views
    Americans... still believe in an America, where anything's possible - they just don't think their leaders do. Focusing your life solely on making a buck shows a certain poverty of ambition. It asks too little of yourself. Because it's only when you hitch your wagon to something larger than yourself that you realize your true potential. I think when you spread the wealth around it's good for everybody. CONTINUING TO FAIL OVER...AND OVER...AND OVER AGAIN! We reward people a lot for being rich, for being famous, for being cute, for being thin… one of the values I think we...