Debbie Wasserman Schultz’s problem with the reality of unemployment.
Watching this Debbie Wasserman Schultz video is surprisingly difficult: you keep expecting her to crack up at the nonsense that she’s spouting off. But… no. Fox News’ Gretchen Carlson: “Unemployment has gone up precipitously since he took office.” DNC Chair Rep. Debbie Wasserman Schultz: “That is simply not true. In fact, unemployment has now dropped below 9%. It’s continuing to drop. He’s been focused on | Read More »
Failed-plan expert President Obama lectures GOP on plans.
Isn’t this just the cutest thing? If the video doesn’t load, Breitbart TV pulled the relevant quote: “My plan says we’re going to put teachers back in the classrooms, construction workers back to work… Tax cuts for small businesses, tax cuts for hiring veterans, tax cuts if you give your worker a raise. That’s my plan. Then you got [the Republican's] plan which is ‘let’s | Read More »
Jennifer Granholm’s slack-jawed economic advice.
Apparently, it’s all about planned economies: former Michigan Governor Jennifer Granholm is for ‘em. “We operate as though we are not in a global economy,” says Granholm. “In theory, free markets and laissez faire make perfect sense, but in practice, our competitors are eating us for lunch.” (pause) Remember, this was supposed to be one of the Democrats’ smart ones. One of the people that | Read More »
#rsrh BLS report out… wait, what?
Is this some sort of sick joke? Nonfarm payroll employment was unchanged (0) in August, and the unemployment rate held at 9.1 percent, the U.S. Bureau of Labor Statistics reported today. At this rate, the Department of Labor will be rickrolling us by October. Moe Lane PS: This situation went from ‘tragedy’ to ‘farce’ some time ago, you know. Unless you’re one of these statistics: | Read More »
The Democrats’ new laser-like focus on jobs… HEY!
Hey, guess what? The Democrats plan to focus on jobs! (Via Ace of Spades) Stop me if you’ve heard this one before… what, you have? A lot? Are you sure?
June BLS: Job recovery stalled out.
UNEXPECTEDLY! Total nonfarm payroll employment declined by 125,000 in June, and the unemployment rate edged down to 9.5 percent, the U.S. Bureau of Labor Statistics reported today. The decline in payroll employment reflected a decrease (-225,000) in the number of temporary employees working on Census 2010. Private-sector payroll employment edged up by 83,000. Note, of course, that May’s job report was equally stalled-out; the 431,000 | Read More »
Good News/Bad News on unemployment.
Good news: thanks in large part to Census hiring, April job creation almost made the minimum replacement rate. The American economy added 290,000 jobs in April, which was much better than expected despite temporary hiring for the 2010 U.S. Census. Excluding Census workers, 224,000 nonfarm jobs were created, with the unemployment rate edging up to 9.9% from 9.7%, the Labor Department reported Friday. Bad news: | Read More »