I recently posted four charts eviscerating Obama’s record on jobs. My Cato colleague, Caleb Brown, has a good complement to those charts. He’s put together a short video looking at how government spending and regulation undermine job creation. Caleb says he will be doing more excellent videos like this, which is very encouraging since there […]

President Obama will be unveiling another “jobs plan” tomorrow night, though Democrats are being careful not to call it stimulus after the failure of the $800 billion package from 2008. But just as a rose by any other name would smell as sweet, bigger government is not good for the economy, regardless of how it […]

President Obama may have a buddy-buddy relationship with big labor, but he’s no friend to ordinary workers. Here are four damning pieces of evidence. 1. The unemployment rate remains above 9 percent according to the Labor Department data released on Friday. This is about 2-1/2 percentage points higher than Obama promised if would be at […]

We all know about the wretched failure of Obama’s stimulus, and we can update the chart showing that the joblessness rate is two-and-one-half percentage points higher than the White House claimed it would be at this point if we flushed $800 billion down the Washington rat-hole. But we also should pay attention to the second […]

Actually, Obamanomics already has failed. It didn’t work for Hoover and Roosevelt. It didn’t work for Bush. It isn’t working in Europe. And now it’s failing for Obama. It doesn’t matter what you call it or when the policies are imposed, expanding the size and scope of government is bad for prosperity. So the real […]

It gets my blood boiling that the crowd in Washington is talking about raising our taxes when the budget is so riddled with excess spending. Here are two stories that illustrate the waste, fraud, and abuse that is pervasive in the federal budget. Our first example is about unemployment benefits fraud. I’ve noted on several […]

Based on this morning’s numbers, I’ve updated my chart showing what the Obama Administration said would happen with the so-called stimulus compared to what actually has happened. As you can see, the unemployment rate is about 2.5 percentage points higher than the White House claimed it would be at this point. Since I just did […]

The Labor Department released its latest job numbers today and they remind me of Clint Eastwood’s 1966 classic, “The Good, the Bad, and the Ugly.” The good news is that the economy created 244,000 new jobs, the biggest gain in almost one year. And the jobs were in the productive sector of the economy rather […]

Ronald Reagan would have been 100 years old on February 6, so let’s celebrate his life by comparing the success of his pro-market policies with the failure of Barack Obama’s policies (which are basically a continuation of George W. Bush’s policies, so this is not a partisan jab). The Federal Reserve Bank of Minneapolis has […]

Previous posts on this blog have featured charts showing that Obama’s policies are not working (see here and here). I even showed a cartoon making the same point. And I cited a column with data comparing Reagan and Obama. The Heritage Foundation has a very powerful addition to this genre, a chart comparing job performance […]