While we are being told that the recession has officially ended. Confidence was at a record low among small business owners who sell directly to consumers. 62 percent of small business owners rate the current state of the U.S. economy as poor, up from 58 percent, in July; while 28 percent it fair; 6 percent rate it good; and 3 percent rate it excellent.
A majority of small business owners think the economy is getting worse, not better. And if small businesses are not confident, then they are not hiring.
Economic Confidence Plunges; Low Expectations for the Holidays.
Saturday, September 25, 2010
How Out of Touch Can they Get ?
Just some thoughts on the current media hype about Christine O’Donnel, and Obama’s smear campaign against John Boehner. First, I don’t know O’Donnell, and I am not familiar with Delaware, other than driving it through it many times on my way to fish on the Outer Banks in North Carolina.
As I read through the media’s negative reporting about how “wacky” she is, I was struck by what seemed to be a very normal, average person, in fact; much more so than the majority of professional politicians that are wrecking the country. I mean the most frightening complaints the left can come up with are, that she left college to work, and returned to finish her degree later, which strikes me as a quite admirable accomplishment, also, she was $10,000 dollars in debt. How many Americans can relate to that ?
Obama recently has ecome obsessed with John Boehner, possibly even seeing him in his sleep “That’s the cracka I be seein in my sleep”, Democrats have started a BeatBoehner.com website that claims he spent $1 million on “luxury hotels, exclusive golf resorts and gourmet dining for himself and his fat-cat contributors”and maybe here is why.
Boehner’s classic pull yourself up by the bootstraps, American dream story stands in stark, horrifying contrast to the out of touch, privileged backgrounds of Obama and the Democrats.
Mr Boehner, 61, is the second of 12 who grew up in a German-Irish family in Reading, Ohio, just outside Cincinnati. All but two of them still live within a few miles of each other.
Two are unemployed and most of the others have blue-collar jobs. The future Congressman started work as a janitor and took seven years to get his degree
the first in the family to do so – because he had several jobs to pay his way. He joined a plastics and packaging company, rising to president before entering local politics by being elected to the town board.
It is a nice portrait of a man whose upbringing and youth were nowhere near as privileged and insulated as Barack Obama’s, Mr Boehner has actually held a job.
Thursday, September 23, 2010
Poverty And The Democrats
The Associated Press reports that Census Bureau data due next week will show a record increase in the poverty rate. There is much that could be said about this--"poverty" isn't what it used to be--but what is interesting to me is how the AP ties the news to the Obama administration and the Democrats:
The number of people in the U.S. who are in poverty is on track for a record increase on President Barack Obama's watch, with the ranks of working-age poor approaching 1960s levels that led to the national war on poverty. ...
It's unfortunate that the hope and change president is just the same old rehashed, failed liberal policies of old. According to the CATO Intsitute The federal government currently operates 122 different anti-poverty programs, ranging from Medicaid to the tiny Even Start Program for Indian Tribes and Tribal Organizations. All together, the federal government spent more than $591 billion in 2009 on means-tested or anti-poverty programs, and will undoubtedly spend even more this year. That amounts to $14,849 for every poor man, woman and child in America. Given that the poverty line is just $10,830, we could have mailed every poor person in America a check big enough to lift them out of poverty — and still saved money.
The Democrats, of course, are like the arsonist who works for the fire department. They will argue that soaring poverty demands more government spending. But if even the AP is onto them, they will have trouble selling that line.
Poverty And The Democrats
The Associated Press reports that Census Bureau data due next week will show a record increase in the poverty rate. There is much that could be said about this--"poverty" isn't what it used to be--but what is interesting to me is how the AP ties the news to the Obama administration and the Democrats:
The number of people in the U.S. who are in poverty is on track for a record increase on President Barack Obama's watch, with the ranks of working-age poor approaching 1960s levels that led to the national war on poverty. ...
It's unfortunate that the hope and change president is just the same old rehashed, failed liberal policies of old. According to the CATO Intsitute The federal government currently operates 122 different anti-poverty programs, ranging from Medicaid to the tiny Even Start Program for Indian Tribes and Tribal Organizations. All together, the federal government spent more than $591 billion in 2009 on means-tested or anti-poverty programs, and will undoubtedly spend even more this year. That amounts to $14,849 for every poor man, woman and child in America. Given that the poverty line is just $10,830, we could have mailed every poor person in America a check big enough to lift them out of poverty — and still saved money.
The Democrats, of course, are like the arsonist who works for the fire department. They will argue that soaring poverty demands more government spending. But if even the AP is onto them, they will have trouble selling that line.
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