Wake County GOP Men's Club

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Ken Nelson
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  • Raleigh, NC
  • United States

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Ken Nelson's Discussions

Weekly and Monthly economic reports - Spread the Word!

Members,   Every week, the Obama administration releases the Weekly new claims for unemployment insurance.  These claims have been in excess of 400,000 each week. (Think about that for a moment). …Continue

Started Jul 1, 2011

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Brad Sahl and Ken Nelson are now friends
Sep 10, 2011
Ken Nelson posted a discussion

Weekly and Monthly economic reports - Spread the Word!

Members,   Every week, the Obama administration releases the Weekly new claims for unemployment insurance.  These claims have been in excess of 400,000 each week. (Think about that for a moment).  Every month, the Obama Administration's Bureau of Labor Statistics issues the Employment report.  (At 4,456,000 net jobs lost through May 30th, 2011, Obama has doubled the record for job losses at this point in a Presidency).  (See my blog posts)   Obama likes to talk about the number of new jobs…See More
Jul 1, 2011
Ken Nelson posted blog posts
Jul 1, 2011
Ken Nelson was featured
Jul 1, 2011
Ken Nelson's blog post was featured

Obama has doubled the record for job losses at this point in a Presidency! According to Obama's BLS!

Every month, the Obama administration's Bureau of Labor Statistics releases a report on the US Labor market.  (www.bls.gov.)  The BLS started keeping track of this data in 1939.  I've compared the BLS data with each Presidency since 1939, and tracked the (un)employment data for each month of every Presidency since 1939.   Barak Obama has DOUBLED the old record for job losses at this point in a Presidency.  Since Obama's election (through May 30th, 2011), the US…See More
Jul 1, 2011
Ken Nelson updated their profile photo
Jul 1, 2011
Ken Nelson posted a status
"Steve Nelson invited me. He encouraged me to post some of my commentary on this site."
Jul 1, 2011
Ken Nelson posted a status
"Hi Friends. Steve Nelson (No relation asked me to post some of my commentary on this site. We met when I was giving away Atlas Shrugged tix"
Jul 1, 2011
Ken Nelson is now a member of Wake County GOP Men's Club
Jun 30, 2011

Ken Nelson's Blog

Why didn't Obama learn from FDR's mistakes?

In an interview on CNBC, former Fed Chairman Alan Greespan commented upon the efforts of the Federal government to stimulate the economy through Federal spending and QE1 + QE2.  Alan Greespan said that QE2 "had some effect on the exchange rate" (Negatively), but he's "ill-aware of anything that really worked".

  Most individuals recognize that the 5 trillion in deficit spending since Obama took office has not worked.  When President Obama pushed for his first (government) stimulus…

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Posted on July 1, 2011 at 5:18pm

Obama has doubled the record for job losses at this point in a Presidency! According to Obama's BLS!

Every month, the Obama administration's Bureau of Labor Statistics releases a report on the US Labor market.  (www.bls.gov.)  The BLS started keeping track of this data in 1939.  I've compared the BLS data with each Presidency since 1939, and tracked the (un)employment data for each month of every Presidency since 1939.

   Barak Obama has DOUBLED the old record for job losses at this point in a Presidency.  Since Obama's election (through May 30th,…

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Posted on July 1, 2011 at 9:36am

NC Budget - Education

Another interesting issue is education.  In 1974, 66% of NC's budget was spent on education.  Despite passing an "Education Lottery", only 55% of the 2010 budget goes to education.  Clearly NC state government has found other ways to spend the people's money.

 

  Governments hurt the economy when they stray from their mission and grow too large.  Should the State and local governments of NC be in the alcohol business?  Couldn't the private sector sell alcohol more effeciently. …

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Posted on July 1, 2011 at 9:12am

The NC Budget

In 1974, the NC State Budget was $2,750,988,000 and our population was 5,363,300.  In 2010, the NC budget was $19,898,013,000 up over 7 fold,  But our population had only grown by 77.8% to 9,535,483.  A dollar in 1974 is worth $3.22 in 2010, so if you adjust the budget for population growth and inflation our budget should be $15,764,241,600.  That's 4 Billion less than the 2010 budget!

   This wouldn't be so bad if government were close to the proper size, but that's far from true. …

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Posted on July 1, 2011 at 9:01am

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