Too Much Government Spending Results in Too Few Jobs

Posted on November 6, 2011 by Sue

from GOP.gov

In 2009, the White House claimed that if the $1.16 trillion (CBO estimates the cost of the bill will reach $814 billion and interest on the debt for the bill will be at least $347 billion) stimulus was approved, unemployment would not rise above 8 percent. In reality, unemployment is currently 9 percent and has been above 8 percent for 28 months. In the same report, the Obama administration claimed the stimulus would “save or create at least 3 million jobs by the end of 2010.” In fact, a new report by economists Timothy Conley from the University of Western Ontario and Bill Dupor from Ohio State University, found that the President’s failed stimulus “destroyed or forestalled roughly one million private sector jobs.” Instead of creating jobs, the largest stimulus bill in history crowded out private sector growth and cost Americans jobs.
Record spending, deficits, and debt by the Obama administration has created vast uncertainty for job creators and is keeping investors on the sidelines. In 2007, the last year under a Republican budget resolution, the deficit was $160.7 billion or 1.2 percent of GDP and it had decreased every year since 2004. According to President Obama’s FY 2012 budget, the deficit for 2011 will be $1.64 trillion or 10.9 percent of GDP. According to Fed Chairman Ben Bernanke, this runaway spending will destroy jobs and halt economic growth. Bernanke stated, “Expectations of large and increasing deficits in the future could inhibit current household and business spending—for example, by reducing confidence in the longer-term prospects for the economy or by increasing uncertainty about future tax burdens and government spending—and thus restrain the recovery.” Sadly, the President wants to double-down on our unsustainable path by borrowing $13 trillion over the next decade and spending $5.7 trillion over the next ten years just to pay the interest on borrowed money.

Ecology’s Payroll

Have you ever wondered how much we’re paying the Washington State Department of Ecology (DOE) in the way of salaries?  Here is a link to the State Office of Financial Management which breaks down the earnings for each of the 461 employees that the DOE has on its (YOUR) payroll.  http://www.ofm.wa.gov/persdetail/2011/461.pdf

 

If you are interested to see how your tax dollars are being spent in other departments as far as personnel – er, human resources – is concerned, click here: http://www.ofm.wa.gov/persdetail/2011/alpha.asp#e

The $50 Lesson

THE $50 LESSON

Recently, while I was working in the flower beds in the front yard, my neighbors stopped to chat as they returned home from walking their dog.

During our friendly conversation, I asked their 12 year old daughter what she wanted to be when she grows up. She said she wanted to be President someday.

Both of her parents – liberal Democrats – were standing there, so I asked her, “If you were President what would be the first thing you would do?” (more…)

Quietly, Obama begins ‘regionalizing’ America

Posted 8/18/2013

 

by JOEL B. POLLAK
for Breitbart.com

Stanley Kurtz at National Review Online writes about San Francisco’s new Plan Bay Area–a “regional” plan for San Francisco and the surrounding cities that is ostensibly aimed at making sure minorities can afford the local housing market, but which is actually aimed at forcing Americans to live in denser urban areas as part of state and federal initiatives aimed at slowing global warming by restraining suburban growth.

The background to Plan Bay Area, which is, Kurtz writes, essentially being imposed on local residents with help from the Obama administration, is an activist agenda from the 1990s aimed at redistributing the wealth of the suburbs into failing, Democrat-run cities. One of Barack Obama’s community organizing mentors, Mike Kruglik, is involved in the effort, and Obama was once involved (together with Bill Ayers) in funding it. (more…)

CA Republican wins seat in district with 60% Hispanics, 22-pt. Dem. advantage

A Republican in California won a state Senate seat on Wednesday in a District in which Democrats have a 22-point advantage and that is 60% Hispanic.

by Tony Lee
for Breitbart.com

Posted 8/18/2013

Andy Vidak, the Republican farmer, won the special election runoff for the 16th District Senate seat when his opponent, Democrat Leticia Perez, a Kern County Supervisor, conceded on Wednesday, a day after voters cast their ballots. Vidak had 54% of the vote to Perez’s 46%.

Perez had initially conceded two months ago when the special election was held. But a recount put Vidak under the 50% threshold that was needed to avoid a runoff, and Perez took back her concession nearly a week after the initial election. The seat became vacant when the Democrat, who won the seat in 2010 by 21 points, resigned to work for Chevron. Democrats thought, especially with a Hispanic female candidate, the seat would be a shoo-in for them. The veto-proof supermajority Democrats have in the state Senate is now imperiled with Vidak’s victory. (more…)