Showing posts with label America -now with more hope and change. Show all posts
Showing posts with label America -now with more hope and change. Show all posts

Friday, December 20, 2013


America - now with more Hope and Change.

Chris Matthews suspects that Obama may be "Loser of the Year":

Charles Krauthammer hits the nail on the head (if you’ll pardon the pun) in this context by naming the collapse of the “if you like your plan you can keep your plan” lie the Story of the Year:
That was a fraud from the very beginning. The law was designed to throw people off their private plans and into government-run exchanges where they would be made to overpay — forced to purchase government-mandated services they don’t need — as a way to subsidize others. (That’s how you get to the ostensible free lunch.)
It wasn’t until the first cancellation notices went out in late 2013 that the deception began to be understood. And felt. Six million Americans with private insurance have just lost it. And that’s just the beginning. By the Department of Health and Human Services’ own estimates, about 75 million Americans would have plans that their employers would have the right to cancel. And millions of middle-class workers who will migrate to the exchanges and don’t qualify for government subsidies will see their premiums, deductibles and co-pays go up.
It gets worse. The dislocation extends to losing one’s doctor and drug coverage, as insurance companies narrow availability to compensate for the huge costs imposed on them by the extended coverage and “free” services the new law mandates.
It’s the exposure of that fraud, not the rollout or even ObamaCare by itself, that makes Obama the loser of the year.  It’s why no one’s looking forward to three more years of dealing with an administration whose officials lie to Congress and to Americans and suffer no consequences for those lies.

Friday, November 29, 2013

America in the Era of Hope and Change.

U.S. Customs is able to access foreign medical records and bar entry based on medical speculation?


But a U.S. Customs and Border Protection agent with the Department of Homeland Security killed that dream when he denied her entry.

“I was turned away, I was told, because I had a hospitalization in the summer of 2012 for clinical depression,’’ said Richardson, who is a paraplegic and set up her cruise in collaboration with a March of Dimes group of about 12 others.

The Weston woman was told by the U.S. agent she would have to get “medical clearance’’ and be examined by one of only three doctors in Toronto whose assessments are accepted by Homeland Security. She was given their names and told a call to her psychiatrist “would not suffice.’’

At the time, Richardson said, she was so shocked and devastated by what was going on, she wasn’t thinking about how U.S. authorities could access her supposedly private medical information.//




Friday, April 05, 2013

The nice thing about having a Democrat in the White House is that there is never any bad news.

Americans are still dropping out of the work force at a record pace:


The jobs report showed the unemployment rate dropping a bit, to 7.6 percent. But the number of jobs created — 88,000 — was far less than expected, and a big reason the unemployment rate fell is because nearly half a million people dropped out of the workforce.
The media is obligingly carrying the Democrats' water by pointing at the sequester, which allows them to ignore the factor that is more important since it kicked in with the first paycheck in the New Year, namely the  increase in payroll taxes. 

Also in the "The nice thing about having a Democrat in the White House is that there is never any bad news" file, Walter Russell Mead writes:

We are, however, thrilled that we don’t have a Republican in the White House, because if we did, the press would be incessantly yammering about this bad news until we were all sick of it. As it is, they are likely to say as little as possible about what appears to be a massive failure of economic policy and go back to covering the really important issues, like gay marriage.
If a Republican president got very busy on social issues at a time of economic stagnation and disappointment, there would be earnest hand-wringing of the “What’s Wrong with Kansas” variety about how American rubes were being diverted from their true economic interests by the skillful manipulation of emotionally charged social issues and identity politics. This would be taken as a sign of the cynicism of the ruling party and the clueless credulity of the hypnotized voters.
Fortunately, we aren’t going to have to listen to any of that depressing rhetoric now. Social issues are good and important; economic questions like jobs and incomes and growth are a distraction from the real business of the people.

Tuesday, January 15, 2013

America - Now with more hope and change.


7 years ago, Senator Obama thought raising the debt ceiling was unpatriotic; today, President Obama thinks that not raising the debt ceiling is unpatriotic.

Other than the fact that he's the president, what new facts has he learned to change his mind?

Monday, January 14, 2013

America - Now with more hope and change.


WASHINGTON MONTHLY:HAS OBAMA REALLY HELPED BLACKS?“If whites and minorities were once on different economic and social tracks, they sure aren’t anymore. Downward mobility is now a shared American experience.” He’s a uniter!

Wednesday, December 26, 2012

Saturday, December 22, 2012

The nice thing about having a Democrat in the White House is that there is never any bad news...

...such as that "Back in the 1970s, about one out of every 50 Americans was on food stamps. Today, about one out of every 6.5 Americans is on food stamps."

Sheesh.

ZeroHedge writes:

What a year 2012 has been! The mainstream media continues to tell us what a “great job” the Obama administration and the Federal Reserve are doing of managing the economy, but meanwhile things just continue to get even worse for the poor and the middle class. It is imperative that we educate the American people about the true condition of our economy and about why all of this is happening. If nothing is done, our debt problems will continue to get worse, millions of jobs will continue to leave the country, small businesses will continue to be suffocated, the middle class will continue to collapse, and poverty in the United States will continue to explode. Just “tweaking” things slightly is not going to fix our economy. We need a fundamental change in direction. Right now we are living in a bubble of debt-fueled false prosperity that allows us to continue to consume far more wealth than we produce, but when that bubble bursts we are going to experience the most painful economic “adjustment” that America has ever gone through. We need to be able to explain to our fellow Americans what is coming, why it is coming and what needs to be done. Hopefully the crazy economic numbers that I have included in this article will be shocking enough to wake some people up.
 
And:

#5 For the first time ever, more than a million public school students in the United States are homeless. That number has risen by 57 percent since the 2006-2007 school year.
#6 Median household income in the U.S. has fallen for four consecutive years. Overall, it has declined by over $4000 during that time span.
#7 Families that have a head of household under the age of 30 have a poverty rate of 37 percent.
#8 The percentage of working age Americans with a job has been under 59 percent for 39 months in a row.
#9 In September 2009, during the depths of the last economic crisis, 58.7 percent of all working age Americans were employed. In November 2012, 58.7 percent of all working age Americans were employed. It is more then 3 years later, and we are in the exact same place.
#10 When you total up all working age Americans that do not have a job in America today, it comes to more than 100 million.
#11 According to one recent survey, 55 percent of all small business owners in America “say they would not start a business today given what they know now and in the current environment.”
#12 The number of jobs at new small businesses continues to decline. According to economist Tim Kane, the following is how the decline in the number of startup jobs per 1000 Americans breaks down by presidential administration
Bush Sr.: 11.3
Clinton: 11.2
Bush Jr.: 10.8
Obama: 7.8
#13 The U.S. share of global GDP has fallen from 31.8 percent in 2001 to 21.6 percent in 2011.
 

That last one probably counts as a "good thing" for Obama and the rest of the Left.

Sunday, December 16, 2012

America - now with more hope and change.

America is not one of the ten most prosperous nations in the world:

Via InstaPundit, we learn that for the first time, the United States does not rank as one of the world’s ten most prosperous nations, as rated by London’s Legatum Institute. The authors of the report found that the U.S.’s slippage is being driven by “a decline in the number of US citizens who believe that hard work will get them ahead.” Well, they’re right: in Barack Obama’s America, hard work doesn’t cause you to get ahead; being politically connected does. We are all paying the price for the corruption of the Age of Obama.
 
Here is the Legatus prosperity site.

And here is the index.

Thursday, November 22, 2012

America - now with more Hope and Change!

Surprise: PA College Slashes Instructors' Hours to Avoid Obamacare

Pennsylvania's Community College of Allegheny County (CCAC) is slashing the hours of 400 adjunct instructors, support staff, and part-time instructors to dodge paying for Obamacare.

"It's kind of a double whammy for us because we are facing a legal requirement [under the new law] to get health care and if the college is reducing our hours, we don't have the money to pay for it," said adjunct biology professor Adam Davis.
On Tuesday, CCAC employees were notified that Obamacare defines full-time employees as those working 30 hours or more per week and that on Dec. 31 temporary part-time employees will be cut back to 25 hours. The move will save an estimated $6 million.
"While it is of course the college’s preference to provide coverage to these positions, there simply are not funds available to do so," said CCAC spokesperson David Hoovler. "Several years of cuts or largely flat funding from our government supporters have led to significant cost reductions by CCAC, leaving little room to trim the college’s budget further."
The solution, says United Steelworkers representative Jeff Cech, is that adjunct professors should unionize in an attempt to thwart schools seeking similar cost-savings efforts from avoiding Obamacare.
"They may be complying with the letter of the law, but the letter of law and the spirit of the law are two different things," said Mr. Cech. "If they are doing it at CCAC, it can't be long before they do it other places."
 
Well, who know?  Colleges are famous for treating adjunct faculty like cattle.

Wednesday, November 21, 2012

America - Now with more unexpected Hope and Change!

California's economy declined in September.

Saturday, November 17, 2012


America - Now with even more Hope and Change.


Medical giant Stryker cuts 1,170 jobs, citing ObamaCare

Bet you that Obama making cute faces gets more attention than this.
America - Now with more Hope and Change!

Investors Business Daily shares the "now they tell us" information that has been dumped on us since the election.

Obama II: In the "now they tell us" file, add a vast array of reports that have come out since the election showing just how weak the economy really is. Looks like the president will need a new scapegoat soon.
 
Here's just a sampling of what we've learned since voters decided to give Obama four more years to "experiment" with the economy.
 
Earnings falling: The Labor Dept. reported on Thursday that real average hourly earnings dropped again in October for the third month in a row, and are now down 2% from when Obama took office.

Poverty rising: A new Census Bureau report, also released after the election, finds that the number of poor people in America climbed 712,000 in 2011. The "official" report that came out in September had the number dropping by 96,000. So much for Obama's claim that things are getting better.

Food-stamp enrollment skyrocketing: Another government report conveniently timed after the election found that food stamp enrollment exploded by more than 420,000 in August. The number of people getting food stamps has climbed more than 15 million — or 47% — under Obama. That's a bigger increase than in all of President Bush's eight years. Today, almost 15% of the population is collecting food stamps, up from 7% just a decade ago.

Jobless claims jumping: The number of new jobless claims shot up to 439,000 last week, up 78,000 from the week before, due largely, it's said, to Hurricane Sandy. But the two states with the biggest increases in jobless claims the week before that were Pennsylvania and Ohio, thanks to layoffs in the construction, manufacturing and auto industries.

Inflation creeping up: We also learned that the annual inflation rate climbed to 2.2% in October, according to the BLS, which is the third consecutive monthly increase.

Coal plants closing: A report by the liberal Union of Concerned Scientists, released (naturally) a week after the election, finds that as many as 353 coal-fired plants will close as a result of Obama's environmental rules.
Small banks disappearing: Fortune reported three days after the election that the "overwhelming conclusion" of industry analysts and consultants was that Dodd-Frank would cause thousands of small banks to disappear. As a side note, one month before the election a Fortune "fact check" (by the same reporter, no less) blasted Romney for saying during one of the presidential debates that Dodd-Frank was "killing regional and small banks."
 
 Plus, Obama is going to raise taxes, which should finish the job.

Wednesday, November 14, 2012

America - now with more Hope and Change.

Foreclosures increase after the election.

Actually, from what I've heard, that was the plan all along, i.e., to wait until after the election to start foreclosing on property again.
America - now with more Hope and Change!

Latino poverty rate climbs to 28%
America - now with even more Hope and Change!

Baptist hospital announces lay-off of nearly 1,000 employees.
America - Now with more Hope and Change!

Top Obama donor lays off 1,200 employees because of Obamacare.
America - Now with more Hope and Change.


Two stories - you figure out the connection.

Retail sales in U.S. decrease for first time in 4 months.

And:

Chinese Yuan hits record high against U.S. dollar.

Hint: The only way to solve a really huge deficit is either to grow the economy - which means lowering taxes and lessening regulatory burdens - or to inflate the currency - which means that the dollar gets worth less compared to other currencies and the price of stuff made in foreign countries goes up and Americans can't afford to buy it.

Tuesday, November 13, 2012

America - Now with more Hope and Change.

Long story short, even under the most optimistic scenario, after raising our taxes and smothering economic growth, according to the Wall Street Journal, we are still $1 trillion dollars a year in debt.

While the rest of America was holding an election last week, the gnomes at the Congressional Budget Office released the final budget totals for fiscal 2012. They're worth reporting because they illuminate the real fiscal choices that confront the country, as opposed to the posturing you'll be hearing over the next few weeks.

The nearby table lays out the ugly details. The feds rolled up another $1.1 trillion deficit for the year that ended September 30, which was the biggest deficit since World War II, except for each of the previous three years. President Obama can now proudly claim the four largest deficits in modern history. As a share of GDP, the deficit fell to 7% last year, which was still above any single year of the Reagan Presidency, or any other year since Truman worked in the Oval Office.
 
image
Tax revenue kept climbing, up 6.4% for the year overall, and at $2.45 trillion it is now close to the historic high it reached in fiscal 2007 before the recession hit. Mr. Obama won't want you to know this, but this revenue increase is occurring under the Bush tax rates that he so desperately wants to raise in the name of getting what he says is merely "a little more in taxes." Individual income tax payments are now up $233 billion over the last two years, or 26%.

This healthy revenue increase comes despite measly economic growth of between 1% and 2%. Imagine the gusher of revenue the feds could get if government got out of the way and let the economy grow faster.
Now let's look at outlays, which declined a bit in 2012. That small miracle was achieved thanks to a 4% fall in defense spending, a 24% fall in jobless benefits, and an 8.9% decline in Medicaid spending.

Note, however, that federal spending remains at a new plateau of about $3.54 trillion, or some $800 billion more than the last pre-recession year of 2007. One way to think about this is that most of the $830 billion stimulus of 2009 has now become part of the federal budget baseline. The "emergency" spending of the stimulus has now become permanent, as we predicted it would.
 

When Beltway politicians claim they want a "balanced" approach to reducing the deficit, what they really mean is raising taxes to finance this new higher spending level. And the still-higher level that is coming with ObamaCare.
 
The reality is that the fastest way to raise revenue is with faster economic growth. To the extent that raising tax rates will reduce the rate of growth, it will slow the flow of tax revenue and increase the deficit.

Even if Mr. Obama were to bludgeon Republicans into giving him all of the tax-rate increases he wants, the Joint Tax Committee estimates this would yield only $82 billion a year in extra revenue. But if growth is slower as a result of the higher tax rates, then the revenue will be lower too. So after Mr. Obama has humiliated House Republicans and punished the affluent for the sheer joy of it, he would still have a deficit of $1 trillion.

Most of our readers know all this, but we thought you'd like some new evidence to rebut the kids who voted for your taxes to go up when they return from college for Thanksgiving. Maybe they'll figure it out when they have a job, if they can find one
 
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