The hits just keep coming…H/T Reveal Politics
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Members of the Dollar Saved Club are ready for the Nov. 6 election and the economic stimulus that will follow. H/T Battleground Watch
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Bernie Marcus, founder of the Home Depot, is supporting Mitt Romney to build a stronger economy for future generations. Marcus is frightened by President Obama’s anti-growth policies, which have stalled job creation and caused rising home foreclosures, killing the American Dream for millions of families. Marcus speaks as someone who should know, having built Home Depot from one store into one of the world’s largest companies and a powerful, job-creating engine. H/T Maggie’s Farm
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Not to be outdone, President Obama also has his backers, picking up the coveted Honey Boo Boo endorsement.
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The United States economy is circling the drain, and yet, liberal fools are trying to frame this upcoming election as a referendum on genitalia. Joe Dan Gorman begs to differ in his latest edition of Intellectual Frog Legs, wherein he also calls into question the magical calculator employed by the Obama Administration to measure the nation’s jobless rate. Adding class and sass to his usual high production values, Joe Dan interviews Ann Marie Murrell of Politichicks.TV, and gives Elvis Presley free reign to serenade America’s First Dog, Bo.
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When the housing bubble burst, the Bush and Obama administrations turned to stimulus spending in an effort to create jobs. Now, the federal government has accumulated nearly $5 trillion in new debt, and the unemployment rate hasn’t improved whatsoever.
Antony Davies, an associate professor of economics at the Palumbo Donahue School of Business in Pittsburgh, Pa., isn’t surprised by that failure. In a new video for LearnLiberty, he examines the data and shows, that since 1955, there’s been no correlation between government spending and job growth.
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Lori Sanders from the American Enterprise Institute drills down into the numbers to show why President Obama’s job-creation promises have failed to materialize.
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The problem, in a nutshell: Not a lack of money, but too much money. So much new money and new debt flooding the marketplace that banks and business leaders are afraid we’re staring down from the brink of a precipice. That’s leading to a massive hoarding of cash, cash that normally would be applied toward creating new jobs and growing the economy. Dick Morris explains this dangerous predicament.
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This just in…”The number of Americans using food stamps has climbed to its highest level ever,” Jodi Miller reports. “But there is good news. At least the people who make food stamps are better off than they were four years ago.” Hear more on unemployment, corporate profits, jobless college graduates and actress Amanda Bynes’ DWI problems in the latest edition of NewsBusted.
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Vice’s Thomas Morton profiles the wildland firefighters who work for Grayback Forestry in Southern Oregon. Morton writes, “You can’t even bitch at these guys for having cushy government pensions to fall back on when they get older, because they’re all private-sector contractors. Which means if they aren’t out fighting forest fires or doing preventative forestry on unburned woods (basically extreme landscaping), they are losing money. They are literally the hardest working men in tree business. We spent a few days following a crew of Grayback forest-firefighters walk up the sides of what most people would consider a cliff to chop down underbrush in preparation for a controlled burn. This is what they like to call ‘project work,’ aka the light stuff in between fires, and yet it was still some of the hardest most least-rewarding work we have ever tried to do in our lives.”
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