Archive for depression

Big Whiff: Details of Obama’s 2013 Budget

Feb 15, 2012 Comments Off by

Yesterday, President Obama released his fiscal year 2013 budget proposal. Unfortunately, this budget request doubles-down on the same failed policies which have made the economy worse under President Obama. This budget includes the most government spending in history, the biggest tax increase in American history, …

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Athens burns as Greece struggles to implement spartan budget

Feb 15, 2012 Comments Off by

Athens, reputed to be the origin of democracy, is in the 21st century a pariah of the worst extremes of what government by the welfare state can do for an economy.  Civilization has ground to a halt as as the irate, impoverished population spasms in …

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Unemployment hasn’t actually fallen at all under Obama

Feb 09, 2012 Comments Off by

That sounds like a wild thing to say, but here is the rationale, and it’s actually quite simple:

For starters, almost the entire decline in the unemployment rate over the last year has been ephemeral. The rate is calculated by dividing the people who do …

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