Corporate profits peaked under President George W. Bush in 2006 near $1.7 trillion. The recession then plunged corporate profits to $1.0 trillion by the 2008 election. (Check that: during the economy's nadir, corporations were still coming out ahead.) Since the…
Posts tagged as “Barack Obama”
Daugaard Changes Tune on Taxes Thanks to Obama Recovery
In his post-speech press conference yesterday, Governor Dennis Daugaard responded to the criticism he knew was coming that his proposed tax and fee increases for road repairs violate his 2010 election promise not to raise taxes. In responding to this…
Noem Votes For Keystone XL Again, Nebraska Court Fails to Block
Yesterday Rep. Kristi Noem and the U.S. House voted for the tenth time to usurp executive authority and force immediate federal approval of the Canadian tar sands pipeline and eminent domain land grab known as Keystone XL. Rep. Noem retreads…
SoDak Vo-Tech Scholarship Plan Small Potatoes Compared to Minn., Tenn., Obama
Governor Dennis Daugaard's new Build Dakota Scholarship for vocational-school students is a corporate welfare program whose primary aim is addressing a workforce shortage and providing select South Dakota industries with a captive labor pool. It will provide 300 scholarships over…
Ethan Writer Backs Anti-Obama Letter with Lie about ISIS at Mexican Border
In the Department of Non-Responses, one Leonard Heckel of Ethan responds to my upbraiding of the Mitchell Daily Republic for publishing a letter to the editor last month from John Shaw that fabricates statistics and repeats proven lies. Mr. Heckel…
War on Energy? Obama Fuel Standards Help Lower Gasoline Prices
Pat Powers keeps using the phrase "war on energy," as in, "the Obama Administration[']s EPA continues to prosecute their war on energy production." Hey, Pat, buy gas lately? I saw $2.19 per gallon yesterday. If these gas prices are a…
Obama Beating Bush on Post-Recession Jobs Recovery
Kevin Drum produces a remarkable chart that shows President Barack Obama's clear superiority to his predecessor in helping the economy recover from recession: Count private employment as a percentage of the labor force, and you see that in five and…
Jackley Joins Texas+15 Lawsuit over Presidential Immigration Action
Attorney General Marty Jackley could be interrogating, arresting, and suing Joop Bollen. He could be arresting Chad Haber for hiding his campaign finance reports for six weeks and counting. Instead, AG Jackley is wasting his time on another anti-Obama court…