Day By Day July 29, 2010 – Google It!

Posted Posted in Barack Obama, Day By Day, Jimmy Carter

Day By Day by Chris Muir

The LEFT has a track record of failure in American politics.

Remember Lyndon Johnson, Jimmy Carter and now Barack Obama?

The only LEFT/Democrat President who has realized a modicum of success was Bill Clinton who declared the “Era of Big Government was over” and initiated welfare reform.

American voters will correct their mistakes of the past four years in November and bring balance back to government. Count on it.


The Day By Day Archive

Day By Day December 17, 2009 – The Body Politic

Posted 1 CommentPosted in Barack Obama, Day By Day, Jimmy Carter

Day By Day by Chris Muir

Remember a decade ago when the mantra of the Bill Clinton Administration was the “era of big government is over?” And, why was this? How about record inflation, no or very slow economic growth, unemployment.

After the disastrous Jimmy Carter Administration with stagflation, malaise and foreign policy missteps, President Barack Obama is reinventing the same “BIG GOVERNMENT.”

Didn’t the LEFT learn anything from Ronald Reagan, Bill Clinton and the remedies of the past?

Sadly No.

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Day By Day by Chris Muir September 16, 2009 – Color Me Unsurprised

Posted Posted in Barack Obama, Day By Day, Jimmy Carter, Race

Day By Day by Chris Muir

President Obama and Congressional Democrats are facing Tea Party protests and are tanking in the polls. Washington D.C based pundits are forecasting massive Democrat Party election losses in 2010. So, what happens?

The RACISM CARD is played.

And, by whom?

The WORST President ever = Jimmy Carter. Video here.

The country is in an uproar NOT because of Obama’s poor policy choices but because he has black skin.


Plus Ca Change

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Shocker: American Dollar Craters as Obama Debt Mounts

Posted 1 CommentPosted in Barack Obama, economics, Inflation, Jimmy Carter

News Item: Dollar hits new multimonth low vs euro, pound, yen
The dollar kept falling Friday, notching fresh multimonth lows against the euro, pound and yen as a warning that Britain’s debt level may result in its credit rating being cut ricocheted into worries about the massive U.S. deficit.

The 16-nation euro rose to $1.4015 in morning trading from $1.3889 in New York late Thursday—its first time above $1.40 since Jan. 2.

The British pound rose to $1.5916 from $1.5890, peaking at $1.5945 earlier in the session, its highest point since Nov. 6.

Meanwhile, the dollar edged up to 94.51 Japanese yen from 94.23 yen—after earlier falling to 93.82, its lowest point since Feb. 23.

“The problem for the U.S. is particularly acute because of its reserve status,” said UBS analyst Brian Kim in an e-mail to investors Friday. Major holders of U.S. debt, such as Middle Eastern sovereign funds and the Chinese government, have not been shy about calling the U.S. out for what it sees as policies that will trigger inflation, shrinking the value of their Treasury holdings.

Well, no shit, Sherlock.

With the massive Obama government spending and debt there will be massive inflation and stagnant economic growth – just like the Jimmy Carter STAGFLATION in the 1970’s.

The solution then, as it is now, was the election of a conservative President (President Ronald Reagan), limited government, reduced federal spending and tax cuts.

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Poll Watch: 85 Per Cent Worry About Inflation, 34 Per Cent Expect Interest Rates to Rise

Posted 1 CommentPosted in economics, Inflation, Jimmy Carter, Polling, Ronald Reagan
Effects Of Inflation

Most Americans know inflation is right around the corner with the massive government spending plans of President Obama and the congressional Democrats.

Eighty-five percent (85%) of Americans say they are concerned about the possibility of inflation in the current economy, with 55% Very Concerned, according to a new Rasmussen Reports national telephone survey.

Just 11% say they are not very or not at all concerned about the prospect of rising prices. These numbers are identical to findings last August, despite the high level of government spending President Obama has announced in recent months.

Credit remains tight in the country, and the government plans to print more money. Both are generally considered key factors that lead to inflation. Federal Reserve Chairman Ben Bernanke said in a speech today, however, that he is confident the Fed can prevent inflation from happening.

Eighty-four percent (84%) of Americans say they are paying more for groceries now than they were a year ago, and 66% expect to pay even more 12 months from now.

The Federal Reserve has given no indication that it intends to raise interest rates to combat the possibility of inflation, but 34% of Americans think they will be paying higher interest rates a year from now. Twelve percent (12%) say interest rates will be lower, and 45% say there will be no change.

Forty-three percent (43%) also say there has been no change from a year ago in the interest rates they now pay. Twenty-nine percent (29%) say they pay more now, while 25% say they are paying less.

It is not a matter of IF but WHEN inflation hits. And, if the American economy is hit with a doubble wammy of low economic growth and inflation, then we have Jimmy Carter type stagflation.

Remember what happened the last time, too?

Republican candidate Ronald Reagan replaced one term President Carter.

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