Category Archives: Business

Bush vs. Obama: Food Stamps

“I’m sort of a foodie, and I’m not going to do the ‘living off ramen’ thing,” — University of Chicago graduate receiving food stamps Since President Obama became President in January 2009, nearly 14 million additional Americans were receiving food stamps as of … Continue reading

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Posted in Business, Finance and Economics, Food Security, Media, Policy, Politics, Social Security, Taxes | Tagged , , | 63 Comments

Bush vs. Obama: Federal Debt

Nearly three years after Barack Obama became president, many liberals still insist that Bush is primarily responsible for running up the national debt. While the federal debt did increase by $4.9 trillion on President George W. Bush’s watch, it did not increase at … Continue reading

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Posted in Business, Finance and Economics, Media, Policy, Politics, Taxes | Tagged , , | 22 Comments

Sic Transit Gloria Mundi: S&P Lowers America’s Credit Rating

Sic transit gloria mundi How doth the busy bee Dum vivimus vivamus I stay my enemy! — Emily Dickinson opening to a poem she published in the Springfield Daily Republican in 1852, a newspaper associated with the founding of the Republican … Continue reading

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Posted in Business, Finance and Economics, Media, Policy, Politics, Predictions, Taxes | Tagged , , , , , , , , | 14 Comments

Things My Kids Will Never Learn

Childhood for my kids differs from my own experience in a lot of ways.  They don’t have a swamp out behind the house for starters.  But the most critical difference is this: they aren’t burdened with the expectation that tomorrow … Continue reading

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Posted in Business, Education, General, Science, Technology | Tagged , , , , , , | 1 Comment

Bush vs. Obama: Unemployment (July 2011 Jobs Data)

Update: Click here for the most recent jobs statistics. As is customary on this site, on the first Friday of every month, I update the unemployment numbers so that I can compare the unemployment rate under President George W. Bush with the unemployment … Continue reading

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Posted in Business, Finance and Economics, Media, Policy, Politics | Tagged , , | 45 Comments

Obama’s Fiftieth Birthday: Plenty of Celebration, No Results

Last Wednesday, President Obama attended a gala celebration in Chicago to celebrate his fiftieth birthday one day early. Attendees paid $35,800 a ticket to bask in the light of their Messiah, and to mingle with musical stars Herbie Hancock and OK … Continue reading

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Posted in Business, Energy Security, Finance and Economics, International Security, Media, Policy, Politics | Tagged , , , , , , , , , , | Leave a comment

Damn It Feels Good to Be a “Goatsta”

Attention! California citizens: Be advised that you can now sleep safely in your government-provided containment units. The valiant forces of the Los Angeles Police Department, with assistance from the FDA and the CDC, verily smote the perfidious criminal conspirators, whose dastardly manufacturing and … Continue reading

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Posted in Business, California, Crime, Food Security, Humor, Media, Policy, Politics, Taxes | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Debt Deal: Pros and Cons

Now that the House “approved a budget agreement intended to head off a potential government default” 269 to 161, and that the Senate will likely pass the bill tomorrow, the crisis has ended exactly how the bond market predicted it would: … Continue reading

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Posted in Business, Defense, Finance and Economics, Healthcare, Media, Policy, Politics, Social Security, Taxes | Tagged , , , , , , , , , , , , | 10 Comments

The Beatings Will Continue Until Morale Improves

Below is an interesting chart from The Economist that compares America’s current anemic economic recovery from the 2007-09 recession with those of the 1973-75, 1981-82, and the 1990-91 recessions. The bottom line is that the current recovery is lagging both in … Continue reading

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Posted in Business, Finance and Economics, Media, Policy, Politics | Tagged , , , , | 11 Comments

New Fuel Economy Standards a Good Thing

This past Friday, President Obama announced new corporate average fuel economy or CAFE standards that would require the average vehicle sold in the United States to provide 54.5 miles per gallon. The White House estimates the program will save consumers … Continue reading

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Posted in Business, California, Clean Energy, Clean Tech, Climate Change, Energy Security, Finance and Economics, International Security, Media, Middle East, Peak Oil, Policy, Politics, Taxes, Technology, Unions | Tagged , , , , , , , , | 12 Comments