Wednesday, August 3, 2011

Yes We Can!

Kick this idiot to the curb in 2012!

They Passed It, Now We Know

Private-sector job creation initially recovered from the recession at a normal rate, leading to predictions last year of a “Recovery Summer.” Since April 2010, however, net private-sector job creation has stalled. Within two months of the passage of Obamacare, the job market stopped improving. This suggests that businesses are not exaggerating when they tell pollsters that the new health care law is holding back hiring. The law significantly raises business costs and creates considerable uncertainty about the future. To encourage hiring, Congress should repeal Obamacare.






A recent study by McKinsey & Co. reveals the level of unease felt by employers.

Thirty percent of those polled reported they will definitely or probably stop offering health insurance in the coming years. The study further showed the more aware employers were of the law, the more likely they were to think they would drop coverage for their employees.

Job creators aren’t the only ones left with uncertainty. Also buried in the 2,700-page law is a newly created board of 15 unelected bureaucrats who will have the power to severely limit services available to our nation’s seniors. Unlike many “boards” created in Washington, the Independent Payment Advisory Board’s recommendations to the secretary of health and human services will have the power of law.



RNC at Work

Some good work out of the RNC. I just hope that someone other then die hard Republicans watch them. I encourage everyone to get these out there in the public.








Saturday, July 16, 2011

For Those Still Counting...

The number of ObamaCare waivers has reached 1,471, about a third of which are unions.

Wyoming Republican John Barrasso said today that he plans to introduce a bill next week that “will deliver choice to Americans who want to get the care they need, from the doctor they want, at a price they can afford” by allowing all Americans to apply for a waiver from the president’s health care law.

“If the law worked well, companies and unions would not demand a way out of its expensive mandates. Each waiver demonstrates that the President’s health care law is a complete failure. The law continues to crush jobs, increase premiums and encourage government controlled health care,” Barrasso said in a written statement. “It’s not fair that a particular group of Americans, including union employees, don’t have to abide by the law. Millions of other Americans across the country deserve the same freedom,” he said."

U.S. Economy Forecast Downgraded

Boy genus must of missed that lecture in Economics class.

From Goldman Sachs

"Following another week of weak economic data, we have cut our estimates for real GDP growth in the second and third quarter of 2011 to 1.5% and 2.5%, respectively, from 2% and 3.25%. Our forecasts for Q4 and 2012 are under review, but even excluding any further changes we now expect the unemployment rate to come down only modestly to 8¾% at the end of 2012.

The main reason for the downgrade is that the high-frequency information on overall economic activity has continued to fall substantially short of our expectations. … Some of this weakness is undoubtedly related to the disruptions to the supply chain—specifically in the auto sector—following the East Japan earthquake. By our estimates, this disruption has subtracted around ½ percentage point from second-quarter GDP growth. We expect this hit to reverse fully in the next couple of months, and this could add ½ point to third-quarter GDP growth. Moreover, some of the hit from higher energy costs is probably also temporary, as crude prices are down on net over the past three months. But the slowdown of recent months goes well beyond what can be explained with these temporary effects. … final demand growth has slowed to a pace that is typically only seen in recessions. .. Moreover, if the economy returns to recession—not our forecast, but clearly a possibility given the recent numbers "


But he sure does sound smart when reading from the teleprompter, doesn't he? Don't forget every one one of those temporary government census jobs, and 50,000 McDonald's jobs cost taxpayers $278,000 in stimulus money.



Deja Vous All Over Again

The more things 'Change', the more they stay the same...