Jane Chastain : Politically Direct

Archive for the ‘Economy’ Category

Hillary Goes Dumpster Diving for Economic Plan

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Hillary Clinton served up a tired old economic plan like last week’s old lunch.  It contained everything Obama tried eight years ago that stifled the economic recovery that began  after the financial crisis was ended by George W. Bush.  These policies resulted in a  pathetic average growth rate of around 1 1/2 percent.

During the Obama years the number of Americans below the poverty line increased 3.5 percent. The number of Americans on Food Stamps increased  39.5 percent and median household income decreased 2.3 percent and a real unemployment rate of 10.1 percent.   Meanwhile, the national debt has doubled from roughly $10 to $20 trillion leaving us the most indebted country in the world.

The first thing Hillary retrieved from her dumpster dive was a massive new government jobs program:  “We will put Americans to work building and modernizing our roads, our bridges, our tunnels, our railways, our ports, our airports.”  Wasn’t that what Obama promised with the $750 billion he fleeced out of we the taxpayers for “shovel-ready jobs”?   Read the rest of this entry »

Written by Jane Chastain

August 17th, 2016 at 5:30 pm

The State of the Family

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In his State of the Union address Tuesday, President Obama, once again, told us that “the state of the union is strong.”  Our citizens know differently.  Here’s what Obama didn’t tell you:

  • The unemployment rate may be down, but the labor participation rate is a paltry 62.6 percent. It is still stuck at a 38 year low.
  • The average hourly pay also is stuck, sliding one cent last month to $25.24. That left the growth of average pay at 2.5 percent for the year, well below the 3.5 percent economists consider healthy.
  • The same goes for health care.  The percentage of adults without coverage remains at around 12%.  Meanwhile, Obamacare premiums skyrocketed an average of 7.5%.
  • The Dow Jones industrial average, faded by 2.2 percent, its first down year since 2008.

Armed with this knowledge, I was much more interested in Monday night’s report on the “State of the Family” delivered by Tony Perkins at the Family Research Council Read the rest of this entry »

Written by Jane Chastain

January 13th, 2016 at 5:30 pm

Beware of Obamanesia

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After months of presidential promises on an executive amnesty for millions of illegal aliens  (i.e. immigration reform), Obama punted.  In June, he put us all on notice that, when he returned from his August vacation, he would use his pen to do what Congress would not do.

A strange thing happened during those weeks of endless golf rounds on Martha’s Vineyard.  Public opinion polls tanked on the idea and Senate Democrats, worried about their reelections, began taking the president to task over his plan to by-pass Congress.

Last week, a Rasmussen poll found that 62 percent of likely voters are against the president’s proposed action.  Furthermore, 57 percent believe this action to be illegal.

It is little wonder that Senate Democrats in conservative states began heading for the tall grass.  It wasn’t long before the president followed. Read the rest of this entry »

Written by Jane Chastain

September 10th, 2014 at 6:27 pm

The Super Bowl vs State of the Union

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Two topics dominate the news this week:  the Super Bowl and the president’s annual State of the Union address.

The Super Bowl is expected to draw some 111 million viewers; The State of the Union address was viewed by some 30 million.  The Super Bowl has no real impact on our lives while the state of our union is of upmost important to every citizen.  So why the disparity?

It’s simple:  The Super Bowl means something to the teams involved and to their respective fans.  There will be an end result:  a winner and a loser.  The State of the Union address and the response from the Republican Party, which controls the House of Representatives, is mere rhetoric, empty words.  To borrow from Shakespeare’s Macbeth, they are full of “sound and furry, signifying nothing.” Read the rest of this entry »

Written by Jane Chastain

January 29th, 2014 at 5:30 pm

Twas the Night before Cliffmas

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(With Apologies to Clement Clark Moore, Henry Livingston, Jr. or  Anonymous)

 

Twas the night before Cliffmas, when all through the House

Republicans were wondering if their leader was a man or a mouse;

The parameters for the budget talks had been set out with care,

In hopes that a compromise soon would be there.

 

The taxpayers were uneasy, not snug in their beds,

While visions of higher rates danced in their heads;

And mom with her checkbook and dad with the bills,

Had just settled down with a bottle of pills, Read the rest of this entry »

Written by Jane Chastain

December 19th, 2012 at 5:00 pm


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