Change in Total Private Employment (in thousands), Source: U.S. Bureau of Labor Statistics
Update: Click here for the most recent jobs statistics.
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 rate under President Obama at that time. The genesis of this ritual began when I felt compelled to respond to some left-leaning sites that were comparing Obama’s first two years and four months in office with Bush’s last and worst economic year (the above chart shows the most recent incarnation of this narrative).
Niall Ferguson’s recent Newsweek piece, which convincingly and dispassionately argues why the country ought not re-elect Barack Obama, has really irritated the liberal cognescenti. So much so, that progressive patron saint Paul Krugman took time from his summer vacation to lambast Ferguson for “multiple errors and misrepresentations” and to accuse him of presenting “unethical commentary.” What really is telling is that Krugman could only come up with one, not multiple, objections, which Ferguson roundly blows out of the water. Ferguson then concludes his rebuttal by suggesting that Krugman read “a wee bit more carefully before his conscience next starts blogging.” Continue reading →
Change in Total Private Employment (in thousands), Source: U.S. Bureau of Labor Statistics
Update: Click here for the most recent jobs statistics.
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 rate under President Obama at that time. The genesis of this ritual began when I felt compelled to respond to some left-leaning sites that were comparing Obama’s first two years and four months in office with Bush’s last and worst economic year (the above chart shows the most recent incarnation of this narrative).
July 31st would have been free market economist Milton Friedman’s one-hundredth birthday. I have posted the following videos in his honor. These videos not only include Friedman’s eloquent defense of free market principles, but also they illustrate the truism that the more things change, the more they stay the same. I look forward to a lively discussion.
Change in Total Private Employment (in thousands), Source: U.S. Bureau of Labor Statistics
Update: Click here for the most recent jobs statistics.
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 rate under President Obama at that time. The genesis of this ritual began when I felt compelled to respond to some left-leaning sites that were comparing Obama’s first two years and four months in office with Bush’s last and worst economic year (the above chart shows the most recent incarnation of this narrative).
While I may agree with Congressman Walsh on some policy issues, he has far different values than I do. His criticism of his opponent for reminding voters of her tremendous sacrifices for this nation is simply beyond the pale. It is also no surprise that Representative Walsh never served in the military. If I were a Republican living in Illinois’ Eighth District, I wouldn’t vote for any Congressional candidate on election day. Continue reading →
I have decided to open a storefront on CaféPress so that my readers can purchase items I have designed, often in bad taste. The beauty of CaféPress is that it handles procurement, shipping, and returns, allowing me to focus on design.
Since I’ve been wanting to call out the left’s blatant hypocrisy over Elizabeth Warren’s egregious misrepresentation of herself as a “woman of color”, I’ve taken the liberty of creating a mug with the following design: Continue reading →
Change in Total Private Employment (in thousands), Source: U.S. Bureau of Labor Statistics
Update: Click here for the most recent jobs statistics.
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 rate under President Obama at that time. The genesis of this ritual began when I felt compelled to respond to some left-leaning sites that were comparing Obama’s first two years and four months in office with Bush’s last and worst economic year (the above chart shows the most recent incarnation of this narrative).
What’s worse, a private equity firm that invests millions of dollars for sophisticated private investors in a company that ultimately fails, or a government program that allocates tax payer dollars along with investors who are also major campaign donors to a company that eventually goes bankrupt?
The answer is fairly obvious, but until today, the media has focused almost exclusively on the “horrors” of Mitt Romney’s “insidious” brand of “vulture capitalism,” rather than on Obama’s own bureaucratic brand of private equity, which awards campaign donors with money from the public treasury.
Today, Mitt Romney overturned the media narrative by attacking the administration’s own private equity record with a surprise visit to Solyndra’s Fremont, California headquarters. Whether or not Romney’s publicity stunt is ultimately successful remains to be seen. Nevertheless, the point was one that he had to make, and he made it in a big way.
As I noted in previous posts, the Romney campaign’s best and probably only profitable line of attack is on the President’s mismanagement of the American economy. While it is often difficult and unfair to blame America’s economic stagnation solely on President Obama’s policies, Solyndra presents a clear-cut case of managerial incompetence and bureaucratic cronyism.
Reflections of a Rational Republican 