DJ Durant on February 4th, 2010

bored-tv-watchingPresident Obama has a huge problem: jobs.  As in, lack of them.  As in, not creating any.  He promised them on the campaign trail, and he promised them as part of the $1.2 trillion stimulus package he signed a year ago.

After one year in office, with a huge majority in Congress, he has accomplished remarkably little, which is a relief to a Conservative.  He has spent an inordinate amout of time, resources and energy wrangling over socialized medicine and cap and trade, and the unemployment remains stubbornly high.

Tomorrow, employment data will be released for January.  Weekly initial jobless claims for unemployment insurance has been running about 470,000, and this week the number hit 480,000.  The employment sector will not grow until initial jobless claims fall below 400,000.  We’re still a long way off.

There are two factors in play.  The President has been jawboning big business for the last three years, while on the campaign trail and since his inauguration.  Business will not hire workers without some stable signs of an increase in aggregate demand, and as long as this administration sends a […]

Continue reading about The President\’s Employment Problem

davidl on February 4th, 2010

Until Fearless Leader resumes his Nightly Ramble, settle for a late supper. Is Chuckles vulnerable: Can we start treating Chuckie Schumer (D-NY) as vulnerable NOW? (H/T: Instapundit) He’s dropped another four points in two weeks. 51% in mid-January; 47% now. That’s the lowest it’s been since 2001. Admittedly, he’s currently up more or less two-to-one […]

Continue reading about Supper Scramble

davidl on February 4th, 2010

Democrats are in the midst of the painful realization: Mr. Obama’s words cannot save them from the power of bad ideas. Karl Rove, Wall Street Journal.

Continue reading about Snark of the Day: Karl Rove

http://news.cnet.com/8301-13578_3-10446503-38.html

Continue reading about Cnet: Police Want Backdoor to Web Users’ Private Data