Moe Lane

I personally think that maybe Chris Wallace shouldn’t have done this to Senator Dick Durbin. Executive summary of “this:” Wallace asked Durbin why it was that President Barack Obama in 2013 declared that our $16 trillion debt was “sustainable,” when Candidate Barack Obama in 2008 declared that $9 trillion debt was “unpatriotic;” and Durbin answered the question by declaring to Wallace that Durbin had had a dry night and did not need to go potty.

Note that I am trying to give the semantic gist of the conversation, here: as Doug Power notes, Durbin didn’t even try to answer the question. (more…)

Interesting.  Below are the latest (just before the election) Debt and CoH (Cash on Hand) totals for the various committees:

(more…)

Good closing speeches – especially Romney’s – but this is the important thing that you need to take away from it:

Eight billion, five hundred and thirty nine million, five hundred and twenty six thousand, three hundred and thirty three dollars and seven cents.  That’s how much debt the country racked up since the convention started.

This. Must. Stop.

Moe Lane (crosspost)

Via James Pethokoukis comes an updated version of the graph (originally created by Obama’s economic advisers Christina Romer and Jared Bernstein) that has been succinctly countering (for years) any and all attempts to argue that the misnamed ‘stimulus’ worked:

For those without access to the picture: it’s a modified version of this graph, which was used to sell the idea that with a stimulus, unemployment would not rise above 8%; and that without a stimulus, unemployment might rise all the way to… 9%!!!!!! That last sentence is what usually gets emphasized in these discussions, and for good reason (it was a nitwit prediction).  But I’d [like] to note that according to the original chart we were forecast to be having about 6.5% or so unemployment at this point, with that number dropping rapidly.  For that matter, I’d also like to note that neither Romer nor Bernstein are currently employed by the Obama administration; they were more or less booted as quietly as could be managed, once the magnitude of the stimulus disaster was fully grasped by the White House.

Alas, the damage has been done.

Moe Lane (crosspost)