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Daily Archives: January 4, 2013, 5:45 pm

Obama to Depart Hawaii Saturday

But don’t worry. He has arranged a late checkout.

The First Family will board Air Force One at 10:00 pm Hawaii time and arrive on the South Lawn of the White House at 11:45 am ET Sunday.

Looks like they might miss church.

Obama Heads to Exclusive Resort for More Golf

After a “dad” day Thursday, President Obama is back with the boys, headed out this morning in Hawaii to play golf.

But this time, he’s forsaking the Marine Corps base course where he has played so far this trip. Instead, he motorcaded an hour to get here:

Turtle Bay Golf Course

Nice, right?

He’s visiting the exquisite fairways of Oahu’s Turtle Bay resort. The course features wondrous views of ocean water, trees, rocks, sand and sky – but no Fiscal Cliff in sight.

It will be his second golf outing of the four-day-old 2013, and the 113th time he has gone golfing as president.

Thursday Obama took Sasha and Malia bowling and then out for some shave ice.

Obamanomics: More Mediocre Job Growth

The economy added 155,000 jobs last month, about the amount needed to keep pace with population growth and too few to bring down the unemployment rate, which was revised upward to 7.8 percent in November and pegged at the same level for December.

What does this mean? Four years into the Obama presidency, the economy is not producing enough jobs to even come close to gaining back the millions that have been lost since 2008.

Welcome to the new normal: crummy GDP growth, and high unemployment.

And in the short term, it’s more likely to get worse than better. You, for example, will be spending a bit less since your taxes just went up : As of New Year’s, the Social Security rate returned to 6.2 percent from 4.2 percent.

And gosh, those rich people whose rates rose to 39.6 percent might just decide to cancel their daughter’s piano lessons. That is, they’ll be participating a little less in the economy too. Believe it or not, Mr. President, they have a lot of money, but not unlimited money.

If President Obama gets his way, more tax increases are coming. And spending cuts needed to avoid Fiscal Cliff Part 2 in a couple of months will also take a morsel out of economic growth.

It’s hard to keep the American entrepreneurial spirit down, but this president is succeeding where all since Jimmy Carter have failed.

Taxpayer Bill for Obama’s Hawaii Vacations: $20 Million

Michelle Obama recently revealed that she and President Obama don’t give Christmas gifts to each other. They merely say, “We’re in Hawaii,” and that’s Christmas gift enough. But actually the present is from taxpayers, and it’s an expensive one. The total cost to taxpayers of Obama’s vacations to Hawaii since becoming president is likely in… Continue Reading