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File: Stimulus
Via The Guardian concerning budgetocalypse: Some economists and political scientists also raise what they see as the danger of Republican cuts slowing or even reversing America’s climb out off recession. Thomas Ferguson, professor of politics at the University of Massachusetts, said there was a danger of repeating the mistakes of the Great Depression by chopping […]
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Charles Lane of The Washington Post concerning Obama’s ideological stupidity and electric cars in America: Yet, like a rural voter clinging to his guns, the Obama administration brushes aside the experts because – well, who knows why? Perhaps subsidizing electric cars helps a Democratic administration make corporate welfare and tax breaks for the wealthy seem […]
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Pointing the finger backwards has been a staple in the Obama propaganda factory since day 1. With every problem he faces, his first instinct is to blame Bush. Not once has he taken responsibility for spending a trillion dollars for absolutely no gain (except those who are in his political debt like teachers unions who […]
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2010-10-02 ::
madlibertarianguy //
Dumbassery + Economy + Stimulus
lt Must Be Nice
It must be nice to be able to grade yourself and pass with flying colors despite reality. The Washington Post: The report, a copy of which was provided to The Washington Post, is one in a series of assessments prepared by Vice President Biden, who was charged with overseeing implementation of the stimulus money, the […]
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Though the Obama administration has shown that they are somewhat serious about encouraging some favorable changes in the educational system, the idea of Race to the Top should be seen as artificial cover for maintaining the same ol’ system which is in dire disrepair and in need of drastic overhauling. The program is asking that […]
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N. Gregory Mankiw, a Harvard economist, in a piece titled “Crisis Economics” at National Affairs concerning the reliance on Keneysian economic theories by the Obama administration while administering economic stimulus (and its current insistence on yet more stimulus cash being thrown in to the economy): The administration’s second assumption, meanwhile, is a matter of academic […]
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And I thought that it was libertarianism which was supposed to be egotistical. Apparently, Obama is the All Seeing Eye who will make it all better for us lowly plebs. Sheryl Gay Stolberg of The New York Times, quoting Obama, as she tries mightily to help the administration fool the American people in to thinking […]
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Just when I thought that Paul Krugman couldn’t be any more full of shit, he proves me wrong time and again. From a recent Opinion column in The New York Times: Around the world — most recently at last weekend’s deeply discouraging G-20 meeting — governments are obsessing about inflation when the real threat is […]
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2010-07-01 ::
madlibertarianguy //
Economy + Government + POTUS + Stimulus
Seriously?
President Obama in a speech given in Racine, WI as he once again blames Republicans because his own progressive government spending measures don’t work: They still believe that even after the Wall Street crash, even after the BP oil well blew, that we should keep a hands-off attitude. Now I’m not exactly sure what “they” […]
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2010-05-26 ::
madlibertarianguy //
Education + Stimulus
Good Point
House Minority Leader John A. Boehner via The Washington Post: Giving states another $23 billion in federal education money simply throws more money into taxpayer-funded bailouts when we should be discussing why we aren’t seeing the results we need from the billions in federal dollars that are already being spent. These same teachers and school […]
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