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People who say it cannot be done should not interrupt those who are doing it. Welcome to From On High.

Thursday, July 22, 2010

Where Are The Jobs?

While Obama is patting himself on the back for getting legislation passed that will make it more difficult for big banks to fail, the average American, who doesn't give two squirts about Chase Manhattan, wonders when all the suffering that's afflicting their neighborhoods is going to end.

A graph that gives startling subtext to the angst.  "Median Duration (over a lengthy time span) of Unemployment":

(Click on the image to enlarge it.)

This explains why Obama has repeatedly gone back to the (dry) well for uemployment compensation for those Americans who find themselves out of work.

But it also shows that Obama has done nothing to stop the bleeding.

Nothing.

Oh, by the way, he's now going to focus on John Kerry's "green" legislation and the possible twelve jobs that it will create.  Over time.

Better be adding some height to that graph's y-axis, fellas.

* Chart courtesy of the U.S. Department of Labor's Bureau of Labor Statistics, with a hat tip to Derek Thompson.

Hey, sweetheart, want to feel my warming globe?

I think Al Gore's obsession with hot air is gaining perspective.  It now appears that he was hot all the time.

That sex scandal involving him (allegedly) chasing some middle-aged female masseuse around a hotel room naked?  It seems it was a regular occurrence for Mr. Global Warming:


Be careful.  The story is about this major creep exposing his not-so-major erection to the world.

I hope Tipper gets his entire worldly wealth.

Food For Thought

Mark Tapscott (or some copy editor) strays into a discussion point that needs massaging with this header:


If you know the details you have to wonder: Liberals do seem to be herding creatures, don't they?

Obama Wasn't Going To Raise Taxes

Remember?

He was lying, of course.

Reality:
The Tax Tsunami On The Horizon
Investor's Business Daily editorial

Through the end of this year, the federal estate tax rate is zero — thanks to the package of broad-based tax cuts that President Bush pushed through to get the economy going earlier in the decade.

But as of midnight Dec. 31, the death tax returns — at a rate of 55% on estates of $1 million or more. The effect this will have on hospital life-support systems is already a matter of conjecture.

Resurrection of the death tax, however, isn't the only tax problem that will be ushered in Jan. 1. Many other cuts from the Bush administration are set to disappear and a new set of taxes will materialize. And it's not just the rich who will pay.

The lowest bracket for the personal income tax, for instance, moves up 50% — to 15% from 10%. The next lowest bracket — 25% — will rise to 28%, and the old 28% bracket will be 31%. At the higher end, the 33% bracket is pushed to 36% and the 35% bracket becomes 39.6%.

But the damage doesn't stop there.

The marriage penalty also makes a comeback, and the capital gains tax will jump 33% — to 20% from 15%. The tax on dividends will go all the way from 15% to 39.6% — a 164% increase.

Both the cap-gains and dividend taxes will go up further in 2013 as the health care reform adds a 3.8% Medicare levy for individuals making more than $200,000 a year and joint filers making more than $250,000. Other tax hikes include: halving the child tax credit to $500 from $1,000 and fixing the standard deduction for couples at the same level as it is for single filers.

Letting the Bush cuts expire will cost taxpayers $115 billion next year alone, according to the Congressional Budget Office, and $2.6 trillion through 2020.

But even more tax headaches lie ahead. [link]
A host of crushing new taxes at a time of economic hardship.  My God.

* By the way, have we talked about how great life is for government employees?

Signs Of The Times

A curiosity:


Katie Couric is still at CBS.

CBS still exists.

Who knew?

'Racism' Is So 20th Century

Dennis Prager on all the racists all the charges flying about regarding racists lurking in our midst:
The charge of racism leveled by liberal organizations, whether black or white, is now regarded as the politically motivated falsehood that it is. It is rightly seen, along with its six siblings—sexism, xenophobia, intolerance, bigotry, homophobia and 'Islamophobia'—as the Left's way of avoiding argument by demeaning its opponents. . . . One day, the charge loses all its moral power. That happened this past year as a result of the liberal attacks on conservative opposition to Obama as racially based. Every conservative knows that opposition to the Obama and Democratic agenda has nothing to do with the president's color. Does any liberal honestly believe that if Nancy Pelosi or Harry Reid were president and pursued the same Leftist agenda Obama has, there would be less conservative opposition because Pelosi and Reid are white? So, something good has come of this: the de-fanging of the 'racist' label. It no longer intimidates conservatives as it once did.
The proper response to being called a racist?  Laugh.  Laugh uproariously, knowing that it's all the left has to counter our arguments relating to the failing policies they've touted all these many years.

"Obama's stimulus has failed.  Unemployment has skyrocketed since he became president."

"Well, you're just a racist.  You wouldn't be saying that if Obama were white."

"Obama's stimulus has failed.  Unemployment has skyrocketed since he became president."

Laugh.  It's all they've got left.