Update: Fed confirms my assessment, economy not budging. – end update As I and many others have noted, the rosy assumptions underlying the Obama and Congressional Democrat’s spending binge to fix the economy are based on very shaky ground. Their assumption is they can spend their way out of this mess (and hence the need […]

The latest unemployment report is out and its shows what I expected – continuing erosion of the job market. 8.5% and rising. So why hasn’t the Spendulus bill programs kicked in and starting creating all these wonderful new jobs the Democrats in DC promised? Simple, they will not be activated for many months to come. […]

There are some voices of sanity left in Washington DC, and thankfully this voice is coming from the conservative side: House Republicans are calling for the economic stimulus package passed in February to be rescinded starting in 2010 as part of their alternative to President Obama’s budget blueprint. After being criticized last week for lacking […]

Friday is the big day for the national unemployment update, but we get a hint today that it will not be good news: Private employers cut jobs by a record 742,000 in March versus a 706,000 revised cut in February that was originally reported at 697,000 jobs, said ADP, which has been carrying out the […]

The New York Times is reporting the Democrats in DC are all of a sudden worried that the voters are rising up against their reckless and unfocused policies. Before I get to the NYT piece I have to wonder what in the world brought this crystalizing moment of sanity to the DC liberals who have […]