President Obama has a new economic plan – to borrow another fifty billion for more ‘Stimulus’ spending. Haven’t we already seen this movie? Wasn’t Obama’s first eight hundred billion dollar “stimulus” plan (which my opponent, Bob Etheridge voted for) supposed to create three million jobs? The cold reality is since Obama and Etheridge started borrowing [...]
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My Labor Day Message
This may be the toughest Labor Day many of us have faced in our lifetimes. Unemployment continues to rise, up again last month. Obama’s Stimulus Plan (which Bob Etheridge supported enthusiastically) has failed. The deficit (and spending by Congress) is more out of control than ever. The Obama administration is even spending foreign aid (Bob [...]
Tax Increases We Cannot Afford
The Bush tax cuts of 2001 and 2003 will expire on January 1, 2011. When they sunset, taxes will increase by 10 percent or more on American families struggling to stay afloat during tough economic times. Taxes will go up an average of two thousand dollars per household on top of the six hundred billion [...]
Summer of Recovery?
Statistics are passionless little beasts, but sometimes, they hide cruel stories. Take these statistics from the newspapers: last quarter foreclosures rose 38 percent — to 269,952 foreclosures, which is 10 times higher than the last housing bust. And existing home sales dropped 27 percent last month, the largest drop in forty years. That’s a lot [...]
Etheridge’s “Main Street before Wall Street” Rhetoric
For those who did not receive the slick card mailer Bob Etheridge sent at taxpayer expense last week, he had the following to say about his record on putting “Main Street before Wall Street:” Tough new Wall Street reforms will rein in Big Banks, and their excessive bonuses, end bailouts and stop “too big to [...]
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