Obama rattles off the list of things he believes earns him the grade. Hit the links after the jump and see if you agree.
Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts
Monday, December 14, 2009
Sunday, December 13, 2009
Stop changing the rules
As Summers put it, bankers need to recognize that "they've got obligations to the country after all that's been done for them."
He says no major bank would be intact without the government's bailout of the financial sector, and now they need to do all they can to get credit flowing again.
Only politicians and bureaucrats have the audacity to demand that you do your duty for the country in order to solve problems they themselves helped cause in the first place. True, the bailout saved many financial institutions - but how many were driven to the point of needing to be saved by federal pressure to promote fast and loose credit policies under the guise of "affordable housing" needs?
Next they'll be telling us that more "Land Use" restrictions are part of the so-called "green" stimulus.
Labels:
economy,
regulation
Saturday, December 12, 2009
Recession for ye, not for me.
Newsweek:
"A Shining Anomaly on a Hill
The increase in government jobs—courtesy of stimulus planning and spending—is turning Washington, D.C., into a boomtown."
"A Shining Anomaly on a Hill
The increase in government jobs—courtesy of stimulus planning and spending—is turning Washington, D.C., into a boomtown."
"Since October 2008, the D.C. metro area, with a population hovering around 6 million, has cut slightly more than 23,000 jobs (roughly 0.4 percent of the population), half as many as the metro area of the next closest city, Seattle, which cut 50,000 jobs (about 1.4 percent), and one ninth of New York's 220,000 (about 1.1 percent)."
Gotta love the headline too. The editors at Newsweek just can't help themselves.
Labels:
economy
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