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News for Norther Colorado and the world

Tuesday, July 22, 2014

Posts Tagged ‘economy’

Obama, economic champion

Obama, economic champion

  Best president for economy? Obama By Froma Harrop: Lend me your ears. I have come to praise President Obama and bury the myth that Republican presidents are better for the economy than Democratic presidents. Not only do Democrats produce superior economic results, but they blow Republicans out of the water in the comparisons. Let’s turn the mic over to Bob Deitrick, a principal at Polaris Financial Partners in Westerville, Ohio. Deitrick crunched 80 years of numbers. ... Full Story

5 Truths You Won’t Hear At CPAC

  5 Truths You Won’t Hear At CPAC From The Century Foundation It’s that time of year again. That glorious weekend when thousands of uniquely dressed conservatives descend on Washington, D.C. to celebrate being the political advocates for upper-class, white, heterosexual Americans. For those of you who were not invited and will be watching from home, here are five truths you won’t hear at CPAC: 1. We need more government spending, not less. The U.S. is currently ... Full Story

Republicans are the Big Government Party

Republicans are the Big Government Party

    Unemployment Rate Would be 7.1 Percent Without Government Cuts March 11th, 2013 By Jason Sattler One of the biggest Republican myths of the last four years is that the government has been exploding in size. The truth is that federal, state and local governments have cut more than 750,000 jobs since June of 2009. If those jobs hadn’t been lost, the unemployment rate would now be 7.1 percent, according to the Labor Department. The total number of people ... Full Story

Yellowstone gets real about budget cuts

Yellowstone gets real about budget cuts

  By Lisa Rein MAMMOTH HOT SPRINGS, Wyo. — The giant yellow snowplows that wake Yellowstone from its winter slumber every March are idled, waiting for the sun to make up for federal budget cuts that are forcing the park to open late for peak season. Mandatory cuts kicked in three days before the plows were to start clearing snow and ice from 300 roads at altitudes that reach 11,000 feet. Faced with an order from Washington to slice $1.8 million from his budget, the park ... Full Story

Trickle down doesn’t work

  Republicans Try to Suppress Facts By William Boardman Congressional research service meets republican memory hole Late on a Friday in September, the Congressional Research Service (CRS), a respected agency within the Library of Congress, released a report concluding, in effect, that there is no objective support for core Republican economic policies.  Reducing the top tax rates, the report concludes, has no correlation with the nation's economic growth, but does contribute to ... Full Story

The truth about jobs

The truth about jobs

      Obama vs. Romney: Jobs By Bob Burnett Jobs and the economy remain Americans' number one concern. While Barack Obama and Mitt Romney have promised to create millions of jobs if they are elected President, there are stark differences between their plans. In the first presidential debate, Romney promised , "If I'm president I will create... 12 million new jobs," the equivalent of 250,000 jobs per month for 48 months. The Washington Post "Factchecker" ... Full Story

Romney’s magic economy plan

Romney’s magic economy plan

          Romney and his allies say the economy will just come back if he wins -- because the rich are on strike. He's wrong   By Andrew Leonard Romney was quite clear on this point in his infamous “47 percent” speech. Romney told his audience that “if we win on November 6th there will be a great deal of optimism about the future of this country. We’ll see capital come back, and we’ll see — without actually doing anything — ... Full Story

Revolt of the Rich

Revolt of the Rich

Our financial elites are the new secessionists. By Mike Lofgren It was 1993, during congressional debate over the North American Free Trade Agreement. I was having lunch with a staffer for one of the rare Republican congressmen who opposed the policy of so-called free trade. To this day, I remember something my colleague said: “The rich elites of this country have far more in common with their counterparts in London, Paris, and Tokyo than with their fellow American citizens.” That ... Full Story

Is President Obama a big spender?

Is President Obama a big spender?

The answer is a big yes and no. As Mark Twain said, “Figures don’t lie, but liars figure.” It is not exactly a case of “lying,” but rather a case of putting a spin on what the numbers mean. The two articles from Forbes Magazine presented below are excellent examples.     In “ Who Is The Smallest Government Spender Since Eisenhower?”  a May, 2012 article, Rick Ungar makes the case that it is Barack Obama. He includes a graph that shows the annualized growth ... Full Story

Mitt Romney, casino capitalist

Mitt Romney, casino capitalist

          Mitt Romney and the New Gilded Age By Robert B. Reich The election of 2012 raises two perplexing questions. The first is how the GOP could put up someone for president who so brazenly epitomizes the excesses of casino capitalism that have nearly destroyed the economy and overwhelmed our democracy. The second is why the Democrats have failed to point this out. The White House has criticized Mitt Romney for his years at the helm ... Full Story

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