Obamanomics

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… this article [published in a peer-reviewed legal journal] shows how specific unconstitutional actions [by the Obama administration] adversely affect the lives of poor Americans.

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2053595

[ASND is confused here.  We thought President Obama's whole Raison d'être was the intentional, forced  redistribution of wealth  to help the poor?  What's wrong with this picture?]

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Then…

When Obama Came into Office…

http://www.americanthinker.com/2012/02/when_obama_came_into_office.html

and…

1. President Bush caused the economic collapse of 2008.

2. President Obama helped the United States recover economically from Bush’s bungle.

http://www.americanthinker.com/2012/09/its_not_bushs_fault.html

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Now…

Numbers don’t lie: The real Obamanomics

http://www.wnd.com/2012/09/numbers-dont-lie-the-real-obamanomics/print/

and…

Democratic strategists tell Obama to stop defending his economic record

http://www.csmonitor.com/USA/DC-Decoder/Decoder-Wire/2012/0612/Democratic-strategists-tell-Obama-to-stop-defending-his-economic-record

and…

The United States Of Dependency?

This is the real legacy of Obamanomics.

http://news.investors.com/articleprint/621691/201208091843/americans-become-increasingly-dependent-on-government.aspx

and…

Obama by the numbers

http://pjmedia.com/rogerkimball/2012/05/16/obama-by-the-numbers/?print=1

 and…

… under Obamanomics, the problem has gotten much worse and this can be seen in the unevenness of the recovery: Liberal economist Emmanuel Saez produced a study on income inequality that showed the top 1% capturing 93% of the wealth created in the first year of the recovery. The figure was 65% during the Bush administration.

http://www.americanthinker.com/blog/2012/03/for_the_99_no_recovery_at_all_under_obama.html

and…

The Obama Economic Record

http://www.americanthinker.com/blog/2012/02/happy_anniversary_mr_president.html

and…

Durable Goods Demand Falls Most in 3 Years; Down 4%

http://www.cnbc.com/id/46554315

and…

[These data] demonstrate that despite the public posturing, Obama knows full well that this nation hasn’t attained an economic recovery, and is in fact far from it.

http://pjmedia.com/blog/slow-recovery-dire-consequences/?print=1

and…

A Mere 80% Say They’re Not Better Off Than Four Years Ago

http://www.nationalreview.com/campaign-spot/293296/mere-80-say-theyre-not-better-four-years-ago

and…

The Worst Economic Recovery in History

Since the second half of 2009, the U.S. economy has grown at a rate of 2.4%, a full percentage point below average long-term growth.

http://online.wsj.com/article/SB10001424052702303816504577311470997904292.html

and…

One out of five dollars that flow into the pockets of Americans comes from a government check… [and] the median duration of unemployment keeps rising, to levels we haven’t seen since statistics were compiled.

http://pjmedia.com/spengler/2012/04/04/obama-wants-to-corrupt-americans-through-fear-and-dependency/?singlepage=true

and…

From green jobs to transparency to fiscal solvency to giving K-street the boot, Obama has promised it all.  But what you get is more.  More taxes, more cronyism, and more debt.

http://www.americanthinker.com/2012/04/obama_and_the_arpege_gambit.html

and…

Deja Vu all over again: Recovery is faltering

http://www.americanthinker.com/blog/2012/04/deja_vu_all_over_again_recovery_is_faltering.html

and..

Number of Americans on food stamps to grow through 2014: CBO

http://www.americanthinker.com/blog/2012/04/number_of_americans_on_food_stamps_to_grow_through_2014_cbo.html

and…

A record 5.4 million workers and their dependents have signed up to collect federal disability checks since President Obama took office, according to the latest official government data, as discouraged workers increasingly give up looking for jobs and take advantage of the federal program.

http://news.investors.com/article/608418/201204200802/ssdi-disability-rolls-skyrocket-under-obama.htm

and…

Medicare and Social Security are running out of money sooner than previously thought, according to the annual report of trustees of the Medicare and Social Security program.

http://www.christianpost.com/news/social-security-disability-trust-fund-will-be-depleted-in-4-years-report-finds-73802/print.html

and…

A new study from the highly esteemed Pew Hispanic Center says the millions of Mexicans who risked their lives crossing the desert to get here to the promised land for a better life have given up on the U.S.

http://www.washingtontimes.com/news/2012/apr/24/hurt-in-this-bad-economy-us-needs-border-fence-to-/

and…

Fresh reports show little evidence of housing rebound

http://economywatch.msnbc.msn.com/_news/2012/04/24/11374835-fresh-reports-show-little-evidence-of-housing-rebound?lite

and…

… U.S. economic growth cooled in the first quarter as businesses cut back on investment…

http://www.cnbc.com/id/47202822

and…

Half of U.S. Lives in Household Getting [Taxpayer-funded federal] Benefits

http://blogs.wsj.com/economics/2012/05/26/number-of-the-week-half-of-u-s-lives-in-household-getting-benefits/

and…

America Lost 129,000 Millionaires in 2011

http://www.cnbc.com/id/47631154

[ASND thought that was  Obama's goal  from the beginning.]

and…

Very few people will hear the news today that the Commerce Department has revised the growth of the nation’s Gross Domestic Product downward.  The original estimate of first quarter 2012 growth of a lethargic 2.2% has been revised to an anemic 1.9%.  The forecast per many economists is for that level to remain or worsen slightly for the remainder of the year.

http://www.americanthinker.com/blog/2012/05/the_obama_economy_worsens.html

[ASND simply asks, " Why  will only a 'very few people' hear that?"]

and…

New orders for factory goods fell in April for the third time in four months as demand slipped for everything from cars and machinery to computers, the latest worrisome sign for the economy.

http://www.reuters.com/article/2012/06/04/us-factory-orders-idUSBRE8530JD20120604

and…

The Obama economy worsens

http://www.americanthinker.com/blog/2012/05/the_obama_economy_worsens.html

and…

That’s right, the BLS margin of error for monthly job numbers is: +/- 100,000.

http://www.americanthinker.com/blog/2012/06/monthly_job_numbers_and_the_margin_of_error_mystery.html

and…

Dow Negative for 2012

http://www.cnbc.com/id/47645265

and…

Private Jobs Down 4.6 Million From January 2008; Federal Jobs Up 11.4%

http://blogs.investors.com/capitalhill/index.php/home/35-politicsinvesting/7190-private-jobs-down-46-million-from-january-2008-federal-jobs-up-114

and…

Recession Has Already Begun, Analyst Says

http://www.christianpost.com/news/recession-has-already-begun-analyst-says-76527/print.html

and…

Are We Already in a New Recession?

http://frontpagemag.com/2013/arnold-ahlert/are-we-already-in-a-new-recession/print/

and…

Adult children move back home in tough economy

http://news.yahoo.com/adult-children-move-back-home-tough-economy-175421278–business.html

and…

Disability Ranks Outpace New Jobs In Obama Recovery

http://news.investors.com/articleprint/617233/201207061636/disability-climbs-faster-than-jobs-under-obama.aspx

and…

The presidential election has given us two myths about the rich.  First, that their incomes, and income inequality, are at all-time highs.  Second, that the wealthy pay less in taxes than ever, and lower taxes than the rest of us.

http://www.cnbc.com/id/48257611

and…

The federal government has emerged as one of the most potent factors driving income inequality in the United States – especially in the nation’s capital.

http://www.reuters.com/subjects/income-inequality/washington

and…

The Incredible Shrunken Economy

http://pjmedia.com/blog/the-incredible-shrunken-economy/?print=1

and…

Risk of US double-dip recession rises: S&P

http://news.ph.msn.com/top-stories/risk-of-us-double-dip-recession-rises-sandp

and…

The O-Conomy: How President Obama’s Economy is Crushing the Middle Class

http://www.americanthinker.com/2012/08/the_o-conomy_how_president_obamas_economy_is_crushing_the_middle_class.html

and…

Almost every [income] group is worse off than it was three years ago, and some groups had very large declines in income.

http://www.bloomberg.com/news/2012-08-23/u-s-incomes-feel-more-in-recovery-sentier-says.html

and…

…orders for long-lasting factory goods, excluding the volatile transportation category, fell in July for the fourth time in five months.

http://www.businessweek.com/ap/2012-08-24/orders-fall-for-most-us-durable-goods-in-july

and…

Majority of New Jobs Pay Low Wages, Study Finds

http://www.nytimes.com/2012/08/31/business/majority-of-new-jobs-pay-low-wages-study-finds.html?_r=2&pagewanted=print

and…

We are experiencing a 28-year high in black unemployment; but unlike January 1983, when black unemployment spiked but then soon improved, Barack Obama’s black unemployment has hovered in the 14%-16% range for over three years…  Teen black unemployment is at a terrible 39.3%.  The number of children living under the poverty line is as high as it has ever been…   black illegitimate births have peaked at 72.5% of all black births, and sexually transmitted diseases are up — particularly for black kids, for whom chlamydia occurs 3.8 times more than for Hispanics and 7.5 times more than for whites.  New York now aborts of 60% of its black babies…

http://www.americanthinker.com/2012/09/bad_news_for_black_families.html

[ASND would like to ask readers, "Who, again, was president in 1983?"]

and…

43 Months of Depressing Misery

http://pjmedia.com/blog/43-months-of-depressing-misery/?print=1

and…

US slips from No. 1 to also-ran in global economic rankings

http://www.foxnews.com/politics/2012/09/11/us-slips-from-no-1-to-also-ran-in-global-economic-rankings/

and…

Official U.S. Poverty Rate Remains High, Middle Class Incomes Decline

http://www.sciencedaily.com/releases/2012/09/120912161929.htm

and…

Report: Median Income Worse Now Than It Was During Great Recession

http://washington.cbslocal.com/2012/09/18/report-median-income-worse-now-than-it-was-during-great-recession/

and…

Household Incomes Off 8.2% Under Obama

http://news.investors.com/092512-626958-household-income-down-82-under-president-obama.aspx

and…

“The number of jobs created by establishments less than 1 year old has decreased from 4.1 million in 1994… to 2.5 million in 2010.”

http://www.hudson.org/files/publications/Kane–TheCollapseofStartupsinJobCreation0912web.pdf

and…

Fifty-five percent of small business owners and manufacturers would not have started their businesses in today’s economy…  There is far too much uncertainty, too many burdensome regulations and too few policymakers willing to put aside their egos and fulfill their responsibilities to the American people…

http://washingtonexaminer.com/55-percent-of-small-business-owners-would-not-start-company-today-blame-obama/article/2509069#.UGRI7FH4KYZ

and…

… since President Obama took office, the non-citizenson food stamps has nearly doubled.

http://www.weeklystandard.com/print/blogs/non-citizens-food-stamps-quadrupled-2001_653315.html

and…

The Obama Economy: Still Not Recovered

http://pjmedia.com/blog/the-obama-economy-still-not-recovered/?print=1

and…

Food Stamp Growth 75X Greater than Job Creation [since January, 2009]

http://www.weeklystandard.com/blogs/food-stamp-growth-75x-greater-job-creation_660073.html

and…

Census: U.S. Poverty Rate Spikes, Nearly 50 Million Americans Affected

http://washington.cbslocal.com/2012/11/15/census-u-s-poverty-rate-spikes-nearly-50-million-americans-affected/

and…

Prosperity: US Drops Out of Top Ten

http://www.powerlineblog.com/archives/2012/12/prosperity-us-drops-out-of-top-ten.php

[Hmm... ASND wonders how on Earth that could have happened.]

[Very curious.]

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Ahead…

Does all this sound familiar?…  The United States is on the same path.

http://www.americanthinker.com/2012/09/how_the_financial_collapse_would_happen_in_an_obama_second_term.html

[Which is precisely why ASND has featured -- for almost two years (as of this update) -- a Euro-Economic Crystal Ball page (as well as several sub-topical pages branching from it).]

[And yes, on of those sub-topical pages is devoted to  Spain's willful economic illiteracy ,  which is deftly outlined in the above article.]

and…

Honeymoon Over as Markets Brace for Volatile Times

http://www.cnbc.com/id/49173353

and…

David Siegel, the owner of Westgate Resorts, sent a surprising email to his employees Monday.  It said that if President Barack Obama wins re-election and raises Siegel’s taxes, he will have to lay off workers and downsize his company — or even shut it down.

http://www.cnbc.com/id/49356069

and…

Economists: Unemployment Still 7.8 Percent in a Year

http://www.whitehousedossier.com/2012/10/15/economists-unemployment-78-percent-year/

and…

… raising the debt ceiling [yet again] guarantees the middle class will be the next target for tax increases, no matter what happens with regard to the fiscal cliff.

http://frontpagemag.com/2012/arnold-ahlert/debt-ceiling-disaster-ahead/print/

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The Fiscal Cliff:

What IS the Fiscal Cliff?

http://blog.heritage.org/2012/12/03/morning-bell-what-is-the-fiscal-cliff/

and…

“… the fiscal cliff would back us away from a true disaster scenario, and it would slow the growth of the government debt.  Moreover, the fiscal cliff is an enormous opportunity for House Republicans.  If they simply allow it to occur, they win big politically in the negotiations.  They will get credit for fiscal responsibility, while the Obama administration will get the blame for the tax increases and will lose the leeway to offer new giveaways to its constituencies.”

http://www.americanthinker.com/2012/11/the_fiscal_cliff_is_a_good_thing.html

and…

5 Myths About the Fiscal Cliff

http://www.christianpost.com/news/5-myths-about-the-fiscal-cliff-85719/print.html

and…

A ‘Cliff’ Deal Could Still Cost Consumers $218B

http://www.thefiscaltimes.com/Articles/2012/11/21/A-Cliff-Deal-Could-Still-Cost-Consumers-218B.aspx?p=1

and…

CBO warns of deep recession if Congress fails to avert ‘fiscal cliff’

http://thehill.com/blogs/on-the-money/budget/244703-cbo-warns-of-deep-recession-if-congress-fails-to-act-on-fiscal-cliff

and…

‘Fiscal cliff’ already hampering U.S. economy, report says

http://www.washingtonpost.com/business/economy/fiscal-cliff-already-hampering-us-economy-report-says/2012/10/25/45730250-1ecf-11e2-ba31-3083ca97c314_story.html

and…

Obama’s Fiscal Cliff Plan Has $4 of Tax Hikes to $1 of Cuts

http://blog.heritage.org/2012/11/30/chart-of-the-week-obamas-fiscal-cliff-plan-has-4-of-tax-hikes-to-1-of-cuts/?utm_medium=newsletter&utm_campaign=BudgetSense

and…

Why Obama’s ‘Balanced Approach’ [To Avoiding the 'Fiscal Cliff'] Doesn’t Work

http://www.americanthinker.com/2012/12/why_obamas_balanced_approach_doesnt_work.html

and…

If Obama gets the tax and spending changes he wants, his 2017 successor will inherit a national debt in excess of $20 trillion.

http://www.forbes.com/sites/paulroderickgregory/2012/12/25/president-obamas-legacy-20-trillion-in-deficits-for-2016-victor/print/

and…

Fiscal Cliff: Negotiation Failure could be the Best Option

http://www.americanthinker.com/2012/12/fiscal_cliff_negotiation_failure_could_be_the_best_option.html

and…

The fiscal cliff deal [passed on January 1, 2013 means]… taxes will go up for 77% of households… $4 TRILLION in NEW spending… Hollywood is getting an extension on their tax breaks… [and] $41 in tax hikes for every $1 in spending cuts.

http://blogs.canoe.ca/lilleyspad/american-politics/the-fiscal-cliff-deal-that-isnt-a-solution-at-all/

[Cool, huh?]

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Obama In 1998: “I Actually Believe In Redistribution”

http://www.youtube.com/watch?v=ge3aGJfDSg4

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Obama Is No Friend of the Middle Class

http://www.americanthinker.com/2012/11/obama_is_no_friend_of_the_middle_class.html

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 Obama’s Budget: ‘Interest Payments Will Exceed Defense Budget’ in 2019

http://www.weeklystandard.com/blogs/obamas-budget-interest-payments-will-exceed-defense-budget-2019_635445.html

and…

… the law the president signed provides no limit on the growth of OFR’s budget, nor on the taxes the agency can impose…

http://www.foxnews.com/politics/2012/04/19/new-federal-agency-ofr-stirs-orwellian-fears/

and…

The U.S. will enter a recession by the end of 2012 [a]nd that recession will include at least one quarter of negative GDP.  This recession will most likely be mild relative to the Great Recession of 2008-2009, but it could end up being a lot worse.

http://finance.yahoo.com/blogs/daily-ticker/ecri-lakshman-achuthan-no-m-not-wrong-still-145239368.html

and…

CBO: Federal debt to double in 15 years

Fiscal challenges worst since WWII

http://www.washingtontimes.com/news/2012/jun/5/cbo-federal-debt-double-15-years/

and…

Obama will not extend tax cuts, W.H. says

http://www.politico.com/politico44/2012/06/obama-will-not-extend-tax-cuts-wh-says-125441.html

[No matter what  Bill Clinton says .]

and…

Major science funding takes hit under Obama

http://www.foxnews.com/scitech/2012/06/07/nasa-kills-x-ray-telescope-blames-project-cost/

and…

CBO: We’ll Be Maxed Out in Nine Years

http://pjmedia.com/blog/cbo-well-be-maxed-out-in-nine-years/?print=1

and…

The Federal Reserve projected that slower economic growth and higher unemployment would continue for the remainder of the year Wednesday, revising its forecasts downward from its April projections.

http://cnsnews.com/news/article/fed-slower-growth-higher-unemployment-2012

and…

California small business owner: Health care ruling means outsourcing jobs, layoffs

http://www.washingtonpost.com/business/on-small-business/california-small-business-owner-health-care-ruling-means-outsoucring-jobs-layoffs/2012/06/28/gJQAlSsS9V_print.html

[Like Shrek, ASND thinks, "That  explains  a lot."]

and…

25 Reasons Why the U.S. Economy is Likely to be Much Worse in the Second Half of 2012 Than in the First Half

http://www.conservativehq.com/article/8725-25-reasons-why-us-economy-likely-be-much-worse-second-half-2012-first-half

and…

Economists less optimistic as early 2012 gains wither

http://www.foxnews.com/us/2012/07/16/economists-less-optimistic-as-early-2012-gains-wither/#ixzz20liV3BoO

and…

… the Federal Open Market Committee (FOMC) is predicting that the national unemployment rate will remain at 7 percent or higher through 2014, which would extend to 73 the number of consecutive months in which the unemployment rate has remained above 7 percent — a post-World War II record.

http://cnsnews.com/news/article/bernanke-fed-predicts-post-wwii-record-73-months-7-unemployment

and…

“A robust and self-sustaining U.S. recovery is not on the cards, and we should now expect below trend growth for many years to come, according to Nouriel Roubini… best-known for calling the 2008 economic crisis…”

http://www.cnbc.com/id/48281577

and…

Earnings Show Recession May Be ‘Fast Approaching’

http://www.cnbc.com/id/48259674

and…

US poverty on track to rise to highest since 1960s

http://news.yahoo.com/us-poverty-track-rise-highest-since-1960s-112946547–finance.html?_esi=1

and…

Budget Control Act Sequestration Would Hit Defense Hardest

http://www.heritage.org/federalbudget/budget-control-act?utm_medium=newsletter&utm_campaign=budgetsense

and…

“… has promised its citizens almost four times the entire net worth of the nation.”

http://www.americanthinker.com/2012/08/the_government_is_bankrupt_and_will_destroy_the_economy.html

and…

The U.S. economy has decelerated and I don’t see much growth in the next six to 12 months…  [Even] Corporate profits will disappoint over the next 12 to 18 months.

http://www.cnbc.com/id/48768746

and…

Why we are on the brink of the greatest Depression of all time

http://www.foxnews.com/opinion/2012/08/23/why-are-on-brink-greatest-depression-all-time/?cmpid=cmty_fb_Why_we_are_on_the_brink_of_the_greatest_Depression_of_all_time_

and…

We’re going from  bad to worse .”

http://www.washingtonpost.com/business/economy/401k-breaches-undermining-retirement-security-for-millions/2013/01/14/f54a0e90-5e70-11e2-8acb-ab5cb77e95c8_print.html

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“… a lot of us didn’t understand how bad it was going to get.

Barack Obama, February 13, 2012

http://www.realclearpolitics.com/video/2012/02/14/obama_on_failed_promise_to_cut_deficit_in_half_recession_turned_out_to_be_a_lot_deeper.html

In an effort to assist the President, ASND offers the following:

Econ 101:

The Leaf-Blower Paradox and the Fundamental Fallacy of Obamanomics

http://pjmedia.com/zombie/2012/01/13/the-leaf-blower-paradox-and-the-fundamental-fallacy-of-obamanomics/?print=1

and…

The President’s Incoherent Economic ‘Philosophy’

http://www.nationalreview.com/blogs/print/296709

and…

The Economics of Abbott and Costello

http://www.huffingtonpost.com/barry-levinson/the-economics-of-abbott-and-costello_b_1115502.html

and…

The Republicans in Michigan are getting it done.  Why can’t Obama?

http://www.americanthinker.com/blog/2012/02/the_republicans_in_michigan_are_getting_it_done_why_cant_obama_1.html

and…

The problem in America today is therefore not wealth but rather persistent poverty.  And the right way to deal with income inequality is not by punishing the rich, but by doing more to help the poor become richer, chiefly by increasing their social capital.  Such an agenda should reform federal tax laws and other policies that make work less rewarding to lower-wage employees.  The profoundly regressive payroll taxes that fund our entitlement programs, for example, need to be rethought.  The eligibility rules for a number of our key public-assistance programs (especially Medicaid and the Earned Income Tax Credit) are designed in ways that discourage higher-paying work (since benefits diminish or disappear abruptly as income rises); they therefore discourage investments in the kind of self-improvement often necessary to obtain such work.”

http://www.nationalaffairs.com/doclib/20120320_Wehner_Beschel_Indiv.pdf

and…

Obamanomics 101, Understanding How the Obama Economy Works

https://www.youtube.com/watch?feature=player_embedded&v=9WLXEKYPH_E

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Obama Policies Hurt Less-Skilled Workers Most

http://news.investors.com/articleprint/621698/201208091909/poor-take-biggest-hit-from-obamacare.aspx

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Obama Predicts: His Plan Will Cost $235,263 Per Job

http://www.cnsnews.com/news/article/obama-predicts-his-plan-will-cost-235263-job

[Obviously, then -- since the President is one of the smartest people in the world -- the average pay for those jobs will be higher than the average cost to create them.  The smartest man in the world would never make such an elementary math error as that.]

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Ben Bernanke:

The strategy of running inflation higher than interest rates for an extended period, in an effort to reduce government debt loads in real terms, is [Obama's & Bernanke's] ‘Plan A.’

http://www.americanthinker.com/blog/2012/09/qe_forever.html

and…

Rising Deficits Pose Major Threat to Economy: Bernanke

http://www.cnbc.com/id/46236869

and…

Bernanke: Job Market ‘Far from Normal,’ Slow Growth Expected Through 2012

http://cnsnews.com/news/article/bernanke-job-market-far-normal-slow-growth-expected-through-2012

and…

Quantitative easing [by the Federal Reserve] is generally thought of  [by liberal 'economists'] as a ‘shot of adrenaline,’ to give the economy an artificial but electrifying quick boost, in the hopes that the boost will be self-sustaining, and optimism will build upon optimism and it will shock us out of the [economic] doldrums.  But [realistic] economists fear that giving adrenaline to an exhausted weak man will not magically make him strong — it will just force him to have a brief period of hyperactivity before it wears off and he collapses, weaker and more worn out than before.

http://pjmedia.com/zombie/2012/09/13/quantitative-easing-weimar-edition/?print=1

and…

The latest round of extraordinary Federal Reserve stimulus is risky and leaves little room to maneuver should another crisis hit [said] economist Lawrence Lindsey…

http://www.cnbc.com/id/49180320

and…

Fed’s latest stimulus may have little impact on mortgage borrowers

http://www.washingtonpost.com/business/economy/qe3-may-have-little-impact-on-mortgage-borrowers/2012/09/18/f6ee68f2-0116-11e2-9367-4e1bafb958db_print.html

and…

Fed actions to reduce mortgage rates may be helping banks more than borrowers

http://www.washingtonpost.com/business/economy/booming-banks-say-consumers-may-not-see-lower-mortgage-rates/2012/10/12/21b86456-1473-11e2-bf18-a8a596df4bee_story.html

and…

The Fed’s Mandates and the Coming Scenario

http://www.americanthinker.com/2012/10/the_feds_mandates_and_the_coming_scenario.html

and…

… instead of creating lots of money as most critics assume, the Fed [has recently] paid for its asset purchases by creating bank reserves…  The good news is that [the] money not created —- usually called ‘printed’ for effect -— is not spent, and money not spent cannot cause inflation and a weakening of the dollar.

http://www.ncpa.org/pdfs/ba777.pdf

and…

Ben Bernanke Has Betrayed Us All

http://frontpagemag.com/2013/tom-blumer/ben-bernanke-has-betrayed-us-all/print/

———————-

Top economists show us that the government cannot expand the economy through deficit spending because borrowing disrupts and displaces other economic activities…

http://www.americanthinker.com/2012/12/the_madness_of_keynesian_economics.html

[Yes, several references -- including peer-reviewed economics journal articles -- are cited.]

———————-

Empty cabinet job shows economy apathy [on part of President]

http://www.washingtontimes.com/news/2012/dec/19/obamas-secretary-of-commerce-mia-empty-cabinet-job/#ixzz2Fak079YF

———————-

“… there’s not much further we can cut in [domestic, non-defense and entitlement] spending.”

http://www.americanthinker.com/blog/2011/08/graph_for_the_day_for_august_12_2011.html

———————-

Obama’s Rules for Revolution: The Alinsky Model

http://frontpagemag.com/2012/01/27/obama%e2%80%99s-rules-for-revolution-the-alinsky-model/print/

[That PDF document is downloadable.]

———————-

President Obama is against repealing the health law’s long-term-care CLASS Act and might veto Republican efforts to do so, an administration official tells The Hill, despite [his own administration's] announcement [a few days ago] that the program was… unsustainable.”

http://thehill.com/blogs/healthwatch/health-reform-implementation/187949-white-house-opposes-formal-class-act-repeal

———————-

“… Mr. Obama has sought to make his fellow African-Americans more, not less, dependent on government — therefore less, not more, free.  The president has sought to take the black model of government dependence and make it the standard for the rest of the country.

http://www.americanthinker.com/2011/10/a_cain_presidency_creative_destruction_loosed.html

———————-

In speech ad-libs, Obama shows anti-business bias

http://dailycaller.com/2012/01/12/in-speech-ad-libs-obama-shows-anti-business-bias/?print=1

———————-

Obama’s “Budgets”:

White House to miss budget deadline for third year

http://www.washingtontimes.com/blog/inside-politics/2012/jan/23/white-house-miss-budget-deadline-third-year/

and…

President’s budget fails to get a single vote in congress

http://www.americanthinker.com/blog/2012/05/presidents_budget_fails_to_get_a_single_vote_in_congress.html

and…

The Obama administration has missed another annual budget deadline, failing to send Congress a mid-session budget review before July 16.

http://thehill.com/blogs/on-the-money/budget/238081-obama-misses-new-budget-deadline

———————-

… the [Obama] Regime has revealed a solution for the problem it helped so much to create.  It proposes to roll forward a law that helps college students mitigate and even get out of their student loan debts… [which] means, of course, that the taxpayer eats the remaining cost of a college degree that mainly benefits the degree holder personally…   This is all on top of an existing program that allows students who enter “public service” (read: students who go to work for government or other nonprofit agencies — both areas in which employees tend overwhelmingly to vote Democrat) to have their loans forgiven after only 10 years.  All of these “forgiveness” programs are projected to cost the treasury $575 million a year — quite unforgiving for the taxpayer.

http://www.libertyunbound.com/node/710

———————-

NLRB “Recess” Appointments as Insidious as Cordray Appointment

http://heritageaction.com/2012/01/nlrb-%E2%80%9Crecess%E2%80%9D-appointments-as-insidious-as-cordray-appointment/?UA-16902633-1&utm_source=heritageaction&utm_medium=email&utm_campaign=cordray-nlrb

———————-

Baltimore area’s federal agencies a ‘growth industry’

http://www.baltimoresun.com/news/maryland/politics/blog/bs-md-federal-workers-baltimore-20120210,0,6244106.story

[Why does this story bring to mind scenes of smiling, happy people climbing aboard life rafts on the Titanic?]

———————-

Hanlon’s Razor states that one should ‘never attribute to malice that which is adequately explained by stupidity.’

http://www.americanthinker.com/2012/01/obamas_dismal_job_performance.html

———————-

…. thanks to a favorable ruling from the Obama Justice Department just before Christmas, states now have the green light to proceed.”

http://www.breakpoint.org/bpcommentaries/entry/13/18658

———————-

The outlook for Social Security’s trust fund has deteriorated to an astonishing degree over the past year, new Congressional Budget Office projections show.

http://news.investors.com/Article/599776/201202020805/social-security-trust-fund-missing-trillion.htm?src=IBDDAE

———————-

…policy decisions made over the past two years, on top of those made over the past several decades, are having a large effect on the pace of growth of the [government dependency] index…

http://news.investors.com/Article/600452/201202080802/government-dependence-jumps-under-president-obama.htm

———————-

Costs and Consequences: [Obama's] Misguided Energy Policies

http://www.texaspolicy.com/pdf/2012-01-PP07-AmericasMisguidedEnergyPolicies-CEE-MarioLoyola.pdf

———————-

“... more than half of births to American women under 30 occur outside marriage.

http://www.nytimes.com/2012/02/18/us/for-women-under-30-most-births-occur-outside-marriage.html?_r=1&pagewanted=print

[Once again, in the immortalized words of the world-renowned philosopher Shrek, "     That explains a lot ."]

———————-

Green“-omics:

Despite the bankruptcies of three green energy companies that received [BILLIONS] of [taxpayer] dollars [so far], President Obama pledged Monday to ‘double down on clean energy.‘”

http://cnsnews.com/news/article/obama-wants-double-down-green-energy-calls-tax-cuts-spending

and…

Bonuses given after raises at Solyndra

Worker incentive paid during bankruptcy

The disclosure drew sharp criticism from U.S. Bankruptcy Judge Mary Walrath, who called it ‘shocking’ that the company had not disclosed the pay raises in its bonus request.

http://www.washingtontimes.com/news/2012/feb/22/bonuses-given-after-raises-at-solyndra/

and…

GE “Forcing” Employees Into Chevy Volts

http://gas2.org/2012/02/20/ge-forcing-employees-into-chevy-volts/

and…

After Volt Debacle; Obama Calls for More Spending on Car Batteries

http://cnsnews.com/news/article/after-volt-debacle-obama-calls-more-spending-car-batteries-0

and…

Documents show Obama’s FCC used regulatory muscle to destroy LightSquared’s competition

http://dailycaller.com/2012/02/22/documents-show-obamas-fcc-used-regulatory-muscle-to-destroy-lightsquareds-competition/

and…

Firm sells solar panels – to itself, taxpayers pay

http://campaign2012.washingtonexaminer.com/article/firm-sells-solar-panels-itself-taxpayers-pay/434251

and…

Algae Alimony

Obama donors stand to profit from president’s latest green energy fixation

http://freebeacon.com/algae-alimony/

[Someone using  Nobody Important's  name (and Gravatar) posted a mindless, rambling Comment about algae and othergreenenergy sources on a popular columnist's  recent essay  (the Comments need to be “expanded” at least once to find the one described here).]

———————-

Air Force One… costs $179,750 per flight hour…

http://abcnews.go.com/Politics/OTUS/presidential-piggybacking-obama-trips-combine-official-political-business/story?id=15768474

———————-

While most [liberal] economists have stopped worrying that the U.S. will fall into a double-dip recession, one influential economist maintains his position that the nation won’t be able to avoid a new downturn.

http://money.cnn.com/2012/02/24/news/economy/double_dip_recession/index.htm?iid=HP_LN

[ASND inserted the "liberal" adjective because a) CNN was the source of the article and b) we have cited  numerous other economists  who disagree with what CNN calls "most" of them.]

———————-

The Obama administration will extend mortgage assistance for the first time to investors who bought multiple homes before the market imploded, helping some speculators who drove up prices and inflated the housing bubble.

http://abcnews.go.com/International/wireStory/man-dies-set-mark-buried-alive-15847655

———————-

Obama & Taxes:

THE INCONSISTENCIES OF THE OBAMA CORPORATE TAX PLAN

http://www.manhattan-institute.org/pdf/ir_3.pdf

and…

“Obama is unmoved by such facts as that the much-maligned top 1% of income producers pay nearly 37% of total income taxes his administration collects, that nearly 50% of Americans pay no income tax whatsoever, and that more than 60% of Americans receive more in government benefits than they pay in all taxes combined.”

http://www.americanthinker.com/blog/2012/03/president_obama_and_statistical_imbalances.html

and…

“... America is becoming a less friendly place for successful people.  If Obama keeps the rhetoric hot and implements his plan to make the rich pay their ‘fair share,’ the brain drain will continue and we will be the worse for it.

http://www.americanthinker.com/blog/2012/05/facebook_co-founder_gives_up_us_citizenship_to_keep_more_of_his_money.html

and…

Among the many losers from higher oil and gas taxes would be the millions of Americans with retirement accounts.  As it turns out, the owners of the largest oil and gas companies are not primarily a few wealthy individuals.  The owners are millions of ordinary Americans who invest their retirement savings in funds that own large shares of American oil and gas companies.

http://www.manhattan-institute.org/pdf/ir_11.pdf

———————-

What Made the Financial Crisis Systemic?

http://www.cato.org/pubs/pas/PA693.pdf

———————-

Highway bill is worth billions to companies owned by Soros, Pickens, Douglas

http://www.humanevents.com/article.php?id=50163

———————-

A weak economy and high debt levels are prompting more young adults to return to the family nest...”

http://www.csmonitor.com/USA/Society/2012/0315/Three-in-10-young-adults-live-with-parents-highest-level-since-1950s

———————-

… the Obama administration has called for a massive and unprecedented new role for the [Export-Import] Bank…  The bank was first established in the 1930s to finance exports to the Soviet Union, but long after the fall of Communism it still exists, picking favorites among U.S. producers.  It has special programs for certain industries, acting as a sort of financier of industrial policy, and puts its financial muscle behind politically connected firms, leaving taxpayers exposed to tens of billions of dollars of potential losses on loan guarantees.

http://www.cato.org/publications/free-trade-bulletin/expanding-exims-mandate-is-big-mistake

———————-

Obama eyes rebuilding business – in AFRICA!

http://www.wnd.com/2012/04/obama-eyes-rebuilding-business-in-libya/print/

and…

Kenya Sees Spike in Obama Administration-Funded Projects

http://www.tradeaidmonitor.com/2012/04/kenya-sees-spike-in-obama-administration-funded-projects.html

———————-

How far has the US fallen in recent years?  One yardstick is in the number of second generation immigrants returning to the country of their parent’s birth for opportunities that they can’t find here.

http://www.americanthinker.com/blog/2012/04/land_of_opportunity_apparently_not_for_some.html

Yet, despite that…

Sources: Obama Administration To Offer Immunity To Younger Immigrants

http://washington.cbslocal.com/2012/06/15/sources-obama-administration-to-offer-immunity-to-younger-immigrants/

and…

Obama Jobs Program: Help Illegals Compete with Americans for Scarce Jobs

http://www.breitbart.com/Big-Government/2012/06/15/obama-jobs-program-help-illegals-compete-with-americans-for-scarce-jobs?utm_source=e_breitbart_com&utm_medium=email&utm_content=Breitbart+News+Roundup%2C+June+15%2C+2012&utm_campaign=Breitbart+News+Roundup%2C

———————-

… fewer than 25% of Highly Recommended projects are funded while almost 50% of the Recommended projects that the Calibration Team examined are funded…

http://reason.org/files/improving_transportation_tiger_grants.pdf

———————-

If I wanted America to fail… I wouldn’t change a thing.

http://www.freemarketamerica.org/

———————-

France’s New Socialist President Gets Swift Invitation to the White House

http://cnsnews.com/news/article/france-s-new-socialist-president-gets-swift-invitation-white-house

———————-

Obama Fails to Stem Middle-Class [Economic] Slide He Blamed on Bush

http://www.bloomberg.com/news/2012-05-01/obama-fails-to-stem-middle-class-slide-he-blamed-on-bush.html

———————-

The federal government’s policy of subsidizing mortgage interest rates and lowering down payments to raise homeownership has failed due to inelasticity of home prices to mortgage interest rates and down payments.”

http://thf_media.s3.amazonaws.com/2012/pdf/sr105.pdf

———————-

The U.S. Sugar Program:

Bad for Consumers, Bad for Agriculture, and Bad for America

http://thf_media.s3.amazonaws.com/2012/pdf/ib3569.pdf

———————-

Anti-Capitalist Obama Administration Targets Debt Collectors

http://www.americanthinker.com/2012/05/anti-capitalist_obama_administration_targets_debt_collectors.html

———————-

Questioning Homeownership as a Public Policy Goal

http://www.cato.org/pubs/pas/PA696.pdf

———————-

US 10-Year Treasury Yield Hits Record Low of 1.63%

http://www.cnbc.com/id/47611038

[Clearly, though,  that's Bush's fault. ]

———————-

USA leads world in CO2 cuts since 2006

http://www.vancouverobserver.com/blogs/climatesnapshot/2012/06/04/climate-change-stunner-usa-leads-world-co2-cuts-2006

[ASND simply asks, "Why is that so 'stunning'"?]

———————-

Typically following a recession, the economy rebounds strongly…  What’s more, deeper recessions [historically] tend to produce strong recoveries.”

http://news.investors.com/article/613992/201206062053/recession-didnt-cause-slow-recovery.htm?p=full

———————-

The Democrats’ War on Small Business

http://www.americanthinker.com/2012/06/the_democrats_war_on_small_business.html

———————-

Obama campaign plan for private sector?  Hire more teachers, firefighters

http://www.foxnews.com/politics/2012/06/10/obama-campaign-plan-for-private-sector-hire-more-teachers-firefighters/?test=latestnews

[ASND simply asks, "Huh?"]

and…

Should We Hire Even More Teachers, Cops, and Firemen?

Not if we want the economy to recover any time soon.

http://reason.com/archives/2012/06/22/could-we-really-get-by-with-fewer-teache

———————-

Entitlements:

While spending on the food stamp program has increased 100 percent under President Barack Obama, the government continues to push more Americans to enroll in the welfare program.

http://dailycaller.com/2012/06/27/usda-suggests-food-stamp-parties-games-to-increase-participation/

and…

Obama administration undermining work requirements for welfare recipients

http://www.americanthinker.com/blog/2012/07/obama_administration_undermining_work_requirements_for_welfare_recipients.html

and…

The July 12 gutting of welfare reform, announced as guidance by the Obama administration, serves at least 2 agendas for the Obama administration. On the one hand, it adds to the number of [non-working] people dependent on [working people]… [and] it will help the unemployment rate: these people will not be counted any longer as looking for work…

http://www.americanthinker.com/blog/2012/07/gutting_welfare_reform_for_fun_and_political_profit.html

and…

THE WELFARE WAIVERS:

How They Really Do Water Down Work Requirements

http://www.manhattan-institute.org/html/ir_27.htm#.UHWxt1Hhc2

———————-

Whatever its guise, government-granted privilege is an extraordinarily destructive force. It misdirects resources, impedes genuine economic progress, breeds corruption, and undermines the legitimacy of both the government and the private sector.

http://mercatus.org/sites/default/files/The-Pathology-of-Privilege-Final_0.pdf

———————-

… the economy grew at an anemic 1.5% [in the second quarter of 2012]…  But revisions to previous quarters show a much greater slowdown that anyone previously realized.

http://www.americanthinker.com/blog/2012/07/gdp_estimate_for_q2_show_anemic_growth.html

and…

“The U.S. economy grew at an even more sluggish pace in the April-June quarter than previously believed…”

http://www.americanthinker.com/blog/2012/09/2q_gdp_revised_downward_to_13_re-elect_the_president.html

———————-

Don’t tell me words don’t matter.

http://www.ijreview.com/2012/09/15290-case-closed-if-moderate-voters-see-this-video-its-over-for-obama/

———————-

If things were so great when most of humanity’s supply was produced close to home, why was the globalized food supply chain developed in the first place?

http://www.american.com/archive/2012/september/locavores-or-loco-vore

———————-

Why [The Obama Administration] Has It Wrong on Small Business

http://online.wsj.com/article/SB10001424052702303768104577460040429463650.html

———————-

The Deduction Cap Trap

http://frontpagemag.com/2012/arnold-ahlert/the-deduction-cap-trap-2/prin

———————-

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