Economic Impact of the Liberal Agenda
Posted in Public Affairs, Money Matters, wordpress, Politics, liberal, obama, Pelosi, Reid, Congress, Legislation on August 16th, 2010 by Stanford Matthews
The news, that portion which merely provides data, would seem to support the notion that liberals are wrong and conservatives are right. The items below are presented as cases in point.
Yes, these stories are cherry-picked. But there are more bleak stories than positive ones. Even the good ones are usually accompanied by the fact the government is providing artificial boosts to the economy which are increasing public debt and serving no useful purpose.
Here are four stories about housing, foreclosures and government intervention. In July banks took over homes at a record pace. Obama is giving $3 billion to unemployed homeowners. Unemployment is given credit for a fall in home prices at the same time another report claims housing prices are rising due in part to government tax credits for homebuyers.
The rest of the world is not doing as good as some would like you think. Japan saw lower than expected machinery orders along with lower exports, wholesale prices and a generally gloomy picture on recovery. In the UK consumers are pulling back as food and fuel prices rise and budgets fall. The EU’s 16 countries saw only a 0.2% growth rate in the first quarter.
While liberals resist common sense approaches like that of Gov Christie in New Jersey who tackled a severe deficit without raising taxes places like California are finding out daily the folly of a nanny state of mind. Not only do most Californians lean hard left but now their paychecks are proving them wrong. The liberal mindset has seen their pay fall for the first time since WWII. Will they ever learn?
Stanford Matthews
MoreWhat.com

Pardon me if I do not accept the rhetoric of House Speaker Nancy Pelosi or Rep. Chris Van Hollen (D-MD) on the matter of a $26 billion spending bill for public sector employees. Pelosi said, ‘
Say it ain’t so. Harry Reid is abandoning cap and trade? Or was this simply one of those times the House passed a bill knowing all the while the Senate would kill it? Dems like to claim cap and trade, aka the national energy tax, was proposed over concern about global warming. The GOP claims it is a tax on energy and job killer. Truth is that many including Al Gore and many in the federal government stand to profit through carbon credit exchanges.
For President Obama the honeymoon has long since past. The first 100 days analysis of each new American president is more common these days since ‘honeymoon’ characterizations may have faded with frequent two term administrations like Reagan, Clinton and Bush 43. The question in either case was how long will it take for the promises of a campaign to be discarded after election.


A post on this blog suggested it was political theatre of a bipartisan nature. Again, bipartisan meaning anything but its standard definition. Typically it is used for covering the political backside of both parties by mutual consent. And the Pelosi trip may have been a classic example. And you can expect both sides had hopes of a political upside for themselves and their opposition taking a hit. Here’s 

