Like a used car salesman, giddy at the prospect of unloading an old Ford LTD, Speaker of the House, Nancy Pelosi, is flaunting yesterday’s Congressional Budget Office (CBO) score as proof that Utopia costs nothing. The tragedy is that many will believe her – at least until the interest rate resets to 39%, the baling [...]
Pop quiz hot shot.
Sen. Harry Reid and Rep. Nancy Pelosi are at the wheel of the Washington spending bus, ramming spending bills through Congress and leaving a path of fiscal destruction in their wake. If the bus slows down, voting Americans start catching on to the looming economic devastation, and the federal spending bus explodes [...]
Last year, White House economists claimed that the $862 billion stimulus would create 3.3 million jobs. Since then, the nation has lost more than 3 million jobs. That’s a 6.3 million jobs gap. By the White House’s own standards, the stimulus failed. So President Obama has shifted his argument. Sure, the economy lost jobs, he […]