Tag Archives: Economy

Job Growth Beats Expectations Again

Posted on January 4, 2013 at 2:30 pm by JM Ashby

There has been speculation that the economy may slow down slightly because of supposedly weak holiday sales, but numbers released by the Labor Department today surpassed expectations. Payrolls rose by 155,000 workers last month following a revised 161,000 advance in … Continue reading →

Posted in Economy | Tagged , , , | 3 Comments

About that $4 Trillion Deficit

Posted on January 3, 2013 at 11:54 am by Bob Cesca

A quick word about this: The CBO determined Tuesday that the package, hammered out late Monday evening by Vice President Biden and Senate Minority Leader Mitch McConnell (R-Ky.), would — over the next decade — come with a $3.9 trillion … Continue reading →

Posted in Economy | Tagged , , , , | 5 Comments

The Next Liberal Freak-Out

Posted on January 2, 2013 at 11:11 am by Bob Cesca

Dean Baker in the Guardian: Given his track record, there is little doubt that President Obama can be trusted to make further concessions, possibly involving social security and Medicare, in negotiations on the debt ceiling. Oh well, at least we … Continue reading →

Posted in Economy | Tagged , , , , | 43 Comments

Further Context on the Fiscal Cliff Deal

Posted on January 2, 2013 at 10:03 am by Bob Cesca

Sullivan: And so you see that Obama’s re-election has meant the biggest increase in revenues to the federal government since 1968. That would not have happened under Romney. $600 billion in tax hikes, while protecting the tax cuts for the … Continue reading →

Posted in Economy | Tagged , , , , | 19 Comments

In Spite of Reality, Liberals Claim Obama “Caved” on the Fiscal Cliff

Posted on January 2, 2013 at 7:16 am by Bob Cesca

My first column of 2013: For the first part of New Year’s Day, I thought the far-left “Obama caved” crowd would take the prize for the most insane political faction of the day considering how, as soon as a deal … Continue reading →

Posted in The Daily Banter | Tagged , , , , , , | 9 Comments

House Republicans Killing the Deal

Posted on January 1, 2013 at 3:38 pm by Bob Cesca

Here’s the latest. The Senate passed the deal last night. It included raising taxes on the top bracket (income of $400,000+) to the Clinton-era 39.6 percent. There’s $30 billion in renewed unemployment benefits (spending that will create $48.6 billion in … Continue reading →

Posted in Economy | Tagged , | 10 Comments

The Deal

Posted on January 1, 2013 at 8:05 am by Bob Cesca

Here’s what it looks like as of late last night: Officials in both parties said the agreement would prevent tax increases at incomes below $400,000 for individuals and $450,000 for couples. At higher levels, the rate would rise to a … Continue reading →

Posted in Economy | Tagged , | 11 Comments

President Cautions Against ‘Both Sides’ Meme

Posted on December 31, 2012 at 10:31 am by Bob Cesca

The president on Meet the Press: “The only thing I would caution against, David, is I think this notion of, “Well, both sides are just kind of unwilling to cooperate.” And that’s just not true. I mean if you look … Continue reading →

Posted in Economy | Tagged , , , | 7 Comments

Quote of the Morning

Posted on December 31, 2012 at 9:27 am by Bob Cesca

“Republicans made every effort to reach the ‘balanced’ deficit agreement that the president promised the American people, while the president has continued to insist on a package skewed dramatically in favor of higher taxes that would destroy jobs.” John Boehner … Continue reading →

Posted in Economy | Tagged , , , | 8 Comments

Spazzy White Guys in Lower Manhattan (and Chicago)

Posted on December 28, 2012 at 11:12 am by Bob Cesca

In the Mail Bag this week, I mentioned the freaks who control our financial system on Wall Street and how their instability often screws us all. Here’s a great example of the spazziest of the Spazzy White Guys in Lower … Continue reading →

Posted in Economy | Tagged , , , , | 9 Comments