Obamanomics

Taxpayers Have Spent $15 Trillion on ‘War on Poverty’

Posted April 6, 2013 by Tea Party

(Breitbart) – Since President Lyndon Baines Johnson declared “war on poverty,” U.S. taxpayers have spent $15 trillion on so-called anti-poverty programs—a figure slightly less than the national debt. Sean Hannity, Government Accountability Institute President Peter Schweizer, and Breitbart News Executive Chairman Stephen K. Bannon explored the explosive growth of the Supplement Nutrition Assistance Program (SNAP) [...]

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Obamanomics

Obama budget to target retirement accounts…

Posted April 5, 2013 by Tea Party

(The Hill) -  President Obama’s budget, to be released next week, will limit how much wealthy individuals – like Mitt Romney – can keep in IRAs and other retirement accounts. The proposal would save around $9 billion over a decade, a senior administration official said, while also bringing more fairness to the tax code. SPECIAL: [...]

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Obamanomics

90 MILLION OUT OF LABOR FORCE

Posted April 5, 2013 by Tea Party

(Zero Hedge) – Things just keep getting worse for the American worker, and by implication US economy, where as we have shown many times before, it pays just as well to sit back and collect disability and various welfare and entitlement checks, than to work .The best manifestation of this: the number of people not [...]

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Obamanomics

Obama Proclaims April the Month to Teach Young People ‘How to Budget Responsibly’

Posted April 1, 2013 by Tea Party

CNSNews.com) – President Barack Obama, who has increased the national debt by $53,377 per household, has proclaimed April “National Financial Capability Month,” during which his administration will do things such as teach young people “how to budget responsibly.” “I call upon all Americans to observe this month with programs and activities to improve their understanding [...]

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Obamanomics

PRESIDENT’S GRAND PLAN: SPEND MORE!

Posted March 29, 2013 by Tea Party

(AP) – Trying to show that the economy remains a top priority, President Barack Obama promoted a plan Friday to create construction and other jobs by attracting private money to help rebuild roads, bridges and other public works projects. Obama fleshed out the details during a visit to a Miami port that’s undergoing $2 billion [...]

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Obamanomics

U.S. Spends $1.18 Million on Puppets Amid Sequester

Posted March 28, 2013 by Tea Party

(Breitbart) – The recent canceling of White House tours in the name of sequester-related cuts understandably has disappointed children and families grousing. Canceling tours of “the people’s house” saves taxpayers an estimated $18,000 a week, or $936,000 a year. FAX BLAST SPECIAL: Impeach Obama NOW! For Sedition against the Constitution! Putting that figure in perspective, [...]

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Obamanomics

More than a Vacation a Month for Obamas in 2013

Posted March 26, 2013 by Tea Party

(Weekly Standard) – In the first three months of the year, members of the first family have been on three vacations, averaging a vacation a month. And now it’s being reported that the first daughters are on a spring break vacation in the Bahamas. The Obamas began the new year in Hawaii. “President Obama departed [...]

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Obamanomics

Obama Prioritizes Family Spring Break Over White House Tours

Posted March 25, 2013 by Tea Party

(Breitbart) – As spring break begins for schoolchildren across the country, thousands of students will travel to Washington, DC. The trips, funded by bake sales and other events throughout the year, will allow the students to take in Washington’s historic landmarks. One premier destination is off-limits this year, however. A few weeks ago, the Obama [...]

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Obamanomics

Biden’s One-Night Paris Hotel Tab: $585,000.50…

Posted March 22, 2013 by Tea Party

(Weekly Standard) – As it turns out, Vice President Joe Biden’s London stay in February was not the most expensive part of his trip. A government document released on February 14, 2013 shows that the contract for the Hotel Intercontinental Paris Le Grand came in at $585,000.50. SPECIAL: Join the Tea Party REVOLUTION! The Obama [...]

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Obamanomics

Obama Will Use Nixon-Era Law to Fight ‘Climate Change’…

Posted March 15, 2013 by Tea Party

(Bloomberg) – President Barack Obama is preparing to tell all federal agencies for the first time that they should consider the impact on global warming before approving major projects, from pipelines to highways. The result could be significant delays for natural gas- export facilities, ports for coal sales to Asia, and even new forest roads, [...]

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