July 26, 2009
Now Biden says stimulus wasn’t meant to, you know, stimulate
Perhaps following the president’s lead, Veep Joe Biden today argues in The New York Times that the $787 billion stimulus package passed in February wasn’t meant to “jolt” the economy.
July 22, 2009
Health care presser lies, Pt. 4: Using deceptive economic numbers
During his health care press conference, President Obama used overly optimistic assumptions about the growth of the federal deficit, and he took credit for budget cuts made by President George W. Bush.
Claiming, again, that all economists supported stimulus package
President Obama today again said “no economists” disagreed with the stimulus package, even though at least 200 publicly opposed it back in January.
July 20, 2009
About that $100 million in cuts
Barack Obama’s cabinet has missed its deadline to find $100 million in federal spending cuts within 90 days.
July 17, 2009
Using Google search stats as an economic indicator
President Obama’s chief economic adviser, Larry Summers, told the Peterson Institute for International Economics today that the U.S. economy is on its way out of the recession because, among other things, Google searches for “economic depression” have dropped down to baseline levels.
July 16, 2009
Biden: We must spend money to avoid bankruptcy
While speaking about health care reform, Medicaid and Medicare, Vice President Joe Biden said the country must spend money to avoid going bankrupt.
White House: Stimulus wasn’t really meant to stimulate the economy
According to “off-camera” comments made today by Obama administration officials, the president never intended for the economic stimulus package to actually stimulate the economy.
July 5, 2009
‘The truth is we … misread the economy’
Vice President Joe Biden this morning said the Obama administration “misread” how bad the economy had actually become — tell that to the nearly 10 percent of Americans who are unemployed.
May 13, 2009
Warning college grads against living on credit, while quadrupling the deficit
President Obama told Arizona State grads to live responsibly and avoid living on credit — while quadrupling the national deficit and doubling the national debt.
April 29, 2009
Michelle Obama wears designer clothes to a food bank
Volunteering a food bank? Classy. Wearing $540 sneakers to do it? Classless.
March 22, 2009
‘Are you punch drunk?’
President Barack Obama can’t seem to control his laughter during a “60 Minutes” interview about the economy. He’s answering questions about what his administration describes as the “worst economic crisis since the Great Depression” and he’s giggling like a school girl. Or like a college kid who’s stoned and about to get the munchies.
February 12, 2009
Obama: Stimulus will let Caterpillar rehire employees. Caterpillar CEO: Not so much
Obama says the stimulus package will allow Caterpillar to rehire its laid-off employees, but the company’s CEO says it will still have to shed more workers.