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December 2, 2014

Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review May 19, 2009 / 25 Iyar 5769

When will Obama own the recession?

By Dick Morris & Eileen Mc Gann


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http://www.JewishWorldReview.com | When will the economy stop dropping because of the recession and start dropping because of the harm Obama's cure to the recession is inflicting? There will likely be a seam that will run through the polling and recession statistics in the next few months when the symptoms of the disease abate and those triggered by Obama's program begin to kick in. In short, when will the Bush recession become the Obama recession? In fact, it may already have happened.


Obama's popularity and the economic statistics fell, pretty much in tandem from his inauguration until early April. During this period, unemployment rose by two points, consumer confidence fell, and over 2 million jobs were destroyed. Over the same term, the president's approval ratings (as measured daily by Scott Rasmussen - www.rasmussenreports.com) fell from a post-inaugural level of 65% to 55%.


Then both the economy and the president's approval ratings started to climb. The former was fueled by pre-mature claims that consumer spending was rising (it turned out to be only a January post-Christmas blip) and that jobless claims were falling (they resumed their upward march in May). The stock market, impelled more by wishful thinking than by mature analysis, had its first positive month in April and optimism spread.


This good economic news combined with media hype about Obama's first hundred days and helped push his ratings back up over 60%.


But now both the economy and Obama are back on a downward trend. Could it be that the false dawn of late April was the seam we are awaiting? Could it have been the moment when the economy did what it would always naturally do and begin its recovery only to have the momentum squashed by Obama's policies?


Perhaps it was. But whether it was or not, the moment is likely to come when the after-effects of the cure overcome the recovery from the economic disease.


The signs of a negative economic reaction to Obama's program are already quite visible. Interest rates on ten year Treasury bills have risen by 50% since January in anticipation of the coming bout with inflation. Capital has been diverted wholesale from new businesses into channels that do the economy no good. The treasury's debt is soaking up funds. So is the sale of toxic assets from banks. The demands for capital set in motion by Obama's spending spree and his bank bailout plans are already blocking investment in economic growth.


Then, last week, in a breath-taking demonstration of presidential chutzpah, the president warned that the deficit (which he caused) is growing too large and that inflation (as a result of his policies) might be looming ahead. His peroration was likely to prepare the way for tax increases. Just as Reagan drove down taxes while increasing military spending and then used the resulting deficit to stymie liberal spending plans, Obama is increasing spending and the deficit to force tax increases.


But the president's belated recognition of the damage of his policies is scant compensation for the havoc they will increasingly cause.


And, at some point, soon, the public will get it that we are now in a recession caused by Obama's programs not by the shocks of 2008. His ratings will probably resume their stately descent and sink further. The key moment, of course, will be when his presidential approval score drops below his vote share of 52%. At that point, he is shedding votes and the political impact becomes serious.


Whether we have entered this phase or the seam has yet to come, the transition from the Bush recession to the Obama recession will be an historic moment with huge political consequence for this Administration.

Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.


JWR contributor Dick Morris is author, most recently, of "Fleeced: How Barack Obama and Hillary Clinton, Media Mockery of Terrorist Threats, Liberals Who Want to Kill Talk Radio, the Do-Nothing Congress, Companies ... Are Scamming Us ... and What to Do About It". (Click HERE to purchase. Sales help fund JWR.) Comment by clicking here.



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