Okie Pundit

One sign the Democrats know they’re in major trouble this November is that they are reverting to two year-old talking points and blaming George W. Bush for the country’s ills. This fact shows they are aware their record of governing is an abysmal failure.  If they were confident in their record, they would have more [...]

You’ve heard the old cliche that the definition of insanity is doing the same thing over and over and expecting a different result.  Well, by that definition, Democrats are not only insane, they are rejoicing in their vacation from reality.  Despite failure after failure in their economic program, Congressional Democrats and their backers returned to [...]

The above quote was uttered by Obama’s Treasury Secretary Timothy “Can’t Pay My Taxes” Geithner on August 2, 2010.  Four days ago. Today’s news brings us this gloom from the Labor Department: “131,000 jobs lost in July; unemployment at 9.5%.” Let’s quickly review: 1) During the Bush administration when the average unemployment was below 5%, [...]

With the announcement yesterday that Boeing was relocating 550 jobs from California to Oklahoma, now is a good time for our civic leaders to consider how to make this happen more often.  Oklahoma has gained enormous respect over the last couple years due to our reputation as a business-friendly, upward-moving, recession-proof state.  As a result, [...]

Boeing announced today they will relocate 550 jobs to Oklahoma City from southern California.  The move butresses the relative strength of the Oklahoma economy and continues to reveal the weakness of the debt-ridden, tax-heavy California economy. The jobs are related to their military aircraft operations, including the C-130 and the B-1 programs.  Many of the [...]

President Obama and the Democrat Congress have been a boon for conservative ideology.  Just a year and half ago throngs of talking heads and pseudo intellectuals proclaimed conservatism dead; then liberalism happened.  Now everywhere you turn, the fundamentals of conservative economic theory are proved correct, and liberal theory is destroyed.  Conservatives predicted the economic stimulus [...]

From NewsOK.com: Figures from the U.S. Bureau of Economic Analysis show Oklahoma‘s personal income grew by 0.9 percent in the first quarter of 2010. The $131.1 billion earned by Oklahomans includes wages, salaries, pensions and all other forms of income. The increase came despite declines in earnings in the private sector, particularly construction, real estate [...]

The American Legislative Exchange Council has released its third edition of Rich States, Poor States, which examines the economic performance and policies of states. Oklahoma ranked 7th for performance in 2010, with middle of the pack results in domestic migration, above average employment growth, and the third best per capita income growth. This is in [...]

“Fiscal policy does not work. The US has just tried the biggest fiscal experiment in history and it has failed.” -Professor Tim Congdon, on “The Stimulus”

Just three months after claiming that the City of Norman was not in a budget crisis, Mayor Cindy Rosenthal and some city councilmen are proposing new taxes and fees on residents in order to close a gaping budget hole and save the jobs of city government employees. Rosenthal is now stating the city has a [...]

Chief Executive Magazine surveyed hundreds of the nation’s top CEO’s, asking them to grade how each state rates for its business environment.  Texas received the highest grade, California received the lowest, and Oklahoma came in at number 19—up 3 spots from last year.  The survey graded states on three categories: Tax and Regulation, Workforce Quality, [...]

The stimulus did nothing to create jobs, say economists.  Surprise!

The Journal Record’s resident armchair economist M. Scott Carter is running out of places to call!  Once again, remember our esteemed journalist friend wrote a column bashing Okie Pundit (and others) after we pointed out Carter’s terrible economic mistake of equating the health of government budgets with the health of the economy, among other mistakes.  [...]

M. Scott Carter, call your office…again. Many of you will remember the back and forth we had with Journal Record “reporter” M. Scott Carter when he claimed that Oklahoma’s economy was in massive trouble because we had a major budget deficit. We had to explain to him that A (budget deficit) did not correlate to [...]

The jobs report for February came out today and it showed that the economy gained 95,000 jobs, just like the White House said it would.   We now know that when the White House tells us something about spending and economics, we can believe it without reservation.  Like, for instance, their promise that the unemployment rate would stay [...]

Dan Boren, who fancies himself a fiscally conservative Democrat, just voted with his Democrat colleagues to raise the national debt limit by a record $1.9 trillion.  If the raise in the limit passes the Senate, the Democrats will have raised the national debt ceiling to a staggering $14.3 trillion, which is close to 100% of [...]

This is interesting.  Apparently the federal government is issuing a report “revising” the US employment data to show that 840,000 additional jobs have been lost, thereby revealing a dramatically worse labor environment than previously reported. Of course this is bad news for President Obama and the Democrats whose stimulus package has decisively failed to stimulate [...]

Obama made many pledges on the campaign trail in 2008 and in the beginning stages of his presidency.  These included prohibiting lobbyists from serving in his administration, enacting a net spending cut, closing Guantanamo Bay by January 2010, and open and transparent health care negotiations.  All of those pledges have been violated.  And now we [...]

Oklahoma’s unemployment rate falls. State adds 5,000 jobs to tie for 3rd best unemployment rate in the nation.  Crash. And. Burn, Scott.

Fortune Magazine released their annual list of the 100 best companies in the United States to work for and four of Oklahoma’s top companies made the list.  At #20, Devon Energy is rated the best of the Oklahoma companies, followed by Chesapeake Energy (#34), American Fidelity Assurance Co. (#35), and Quicktrip (#41). Devon and Quicktrip [...]