Monthly Archive: September 2011

Sep
26
2011

Unemployment is Likely Not a Big Factor for Obama Reelection

As everyone should know, President Obama is trying to pass a bill to help create more jobs. He doesn’t seem to be getting a lot of help, even from Democrats.  Many people seem to think that Mr. Obama’s ability to create jobs will be crucial to his re-election. Well, that may be true if the …

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Sep
17
2011

Obama’s Declining Approval Ratings are Irrelevant or Even Good

appre2

There was a lot of talk this week about President Obama’s approval ratings dropping to 43%, but it is not clear this really means anything. In fact, I think it is arguable that — since we all know that some tough choices need to be made — if his approval rating was high, it would …

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Sep
16
2011

The Economy is like a Mexican Standoff

Economy as Mexican Standoff

I was trying to find a way to describe the current U.S. economic situation simply, and what I came up with was a Mexican standoff. You could just call it a stalemate, except I when I think of a Mexican standoff I usually think of buffoonish characters, like those below. And that seems more accurate …

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Sep
15
2011

Pie Chart of Who Holds US Debt — The Highest Isn’t China

us debt holders july 2011

Tonight’s inquiry: Who really holds the much discussed US debt? Well, I took a look first at what the total debt was right now. The total is $14.7 trillion and counting of course. But, what was a little shocking was that next to that number was a calculation divvying up the debt to $47K per …

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Sep
12
2011

Republican Jobs Plan is to Attack Obama’s Plan

jobs-search

President Obama gave his pitch for creating jobs the other night, and it was nicely summarized by Mr.Mark Zandi. Some of his key points are listed below. President Obama’s jobs proposal would help stabilize confidence and keep the U.S. from sliding back into recession. The plan would add 2 percentage points to GDP growth next …

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