The Obama Recovery in Nine Charts

President Obama insists that he's responsible for the economic recovery of the last seven years. I think he can take pretty clear responsibility for a lot of these. [Thanks to Zero Hedge for charts].

Making Work NOT Pay

Usually the title of a government bill is a pretty good description of what the bill is not about (e.g.  The Affordable Health Care Act). A few years ago the Federal Government, offered a temporary tax credit that was labelled "Making Work Pay". But does it?

The State of Pennsylvania recently illustrated how a single mother there with two children would be better off with a part-time job and a host of welfare benefits than she would be taking a job that paid her $69,000, but that required her to pay income taxes and give up her generous array of handouts. 

What possible incentive would this woman have to get off welfare? Would you work more if the government effectively imposed a 100% tax on your efforts?

In any case, the message from your government is loud and clear: Work DOESN'T Pay! (at least not when government is involved).