Obama, The EPA and Jobs
Obama consistently makes claims that he is concerned with jobs and the economy. On December 3rd the White House held a jobs summit to show the American people just how serious they’re taking the unemployment rate. What came out of the jobs summit you ask? Nothing. But it made for a good 30 second clip on the evening news. Now the EPA is preparing to | Read More »
More Porkulus Mendacity About Jobs
ABC’s Jake Tapper notes the administration’s mishandling of jobs figures that have come out of Porkulus: The Obama administration has taken some heat and mockery for using the nebulous and non-economic term of jobs being “saved or created” by the $787 billion stimulus program. I can understand that. Especially with all the money being funneled into non-existent Congressional districts and zip codes, along with the | Read More »
Obama: A Failure of Leadership
2009 was an exceptionally difficult year for families across the country. College savings accounts drained, retirement plans questioned, and far too many families worried about just keeping food on the table and a roof over their heads. To make matters worse, when our country needed leadership the most, our elected officials in Washington focused on everything but getting Americans back to work. Let me recap | Read More »
The Road to 4 million (December jobs report)
Jobs gained / (lost) in December 2009 per the US Dept of Labor (prelim): (85,000) Jobs gained / (lost) in November 2009 per the US Dept of Labor (prelim): 4,000 Jobs gained / (lost) in October 2009 per the US Dept of Labor (final): (127,000) Jobs gained / (lost) in September 2009 per the US Dept of Labor (final) : (139,000) Jobs gained / (lost) | Read More »
Are You Better Off Now Than You Were *Before* Hope And Change?
I’m not, and neither are 3.4 million of my fellow Americans since this President took office. Just ask the 85,000 Americans that sucked it up this Christmas season and went without…for themselves and their families and friends… in the name of President “I will save the world” Obama. If you’re still not convinced, just ask the 661,000 people that just threw up their hands and | Read More »
Government jobs exceed Goods producing jobs
All things are going according to plan for MaObama Jobs report for Dec shows a loss of 85,000 jobs, but the government is hiring! (3,300 jobs in Dec to the federal payrolls) The Goods Producing category currently includes less than a million workers in mining and logging, about 6 million in construction, and 11.7 million in manufacturing. The Government category includes 2.8 million federal employees | Read More »
Obama’s green jobs fantasy land
I listened to Obama’s economic statement today, and the only thing I could think of is Rodney Dangerfield, in Back to School when he is in the Business 101 class with his son, and when the professor is talking about making widgets, he screams, “Try Fantasyland”. That was the only thing that came to my mind with his statement. The Fox news link is here: | Read More »
Worse Than Expected? Who Are These Idiots Who Manage The Expectations Around Here?
Believe it or not, there was actually some good news in yesterday’s meh employment report. Hourly earnings increased by 0.2 percent. Other than that, imagine you were rooting for UT last night – after Colt McCoy went down with the bum shoulder. In other words, you should have known how this was destined to turn out. However, expectations were not well pegged to reality. The | Read More »
Unemployment Officially At 10% … But It’s Really 21.9%
It’s that time again. This morning, the Department of Labor released the official statistics for U.S. unemployment last month. And just as the Obama administration promised, things are getting better. Right? Wrong. Optimists were looking for the first signs of net job creation last month since 2007. At worst, they were hoping for the jobless rate to hold steady at 10.0%. And the worst is | Read More »
Greed, Incentives and Liberals…oh my
With the holiday season in the rear view mirror, I’ve been mentally replaying some of the conversations I had in regard to the current state of the economy. It seems that most people I had the discussions with fell into one of two camps. One camp believed that much of the current economic turmoil was caused by greed and “Wall Street” while the other camp | Read More »
I give BHO an A plus, sort of…..
A strong, free and
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God-fearing America stands squarely in the way of the One-World-Order.
BHO gets an A+ for ushering in this One-World-Order by removing its
greatest obstacle- the United States of America.
10 million more foreclosures to hit the market???
The more I think about it, 10 million foreclosures over the next 3 yrs might actually be the best case scenario.
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Reid, Pelosi, Obama, Bush and Political Party’s
Politically the repeal approach to any program is just one powerful talking point for the midterms, which should be used by all candidates seeking the voters support for upcoming elections. Another, is the illegal act by the white house E-Mail-Gate (snitch e-mails and a “reality check” section on the White House Web site), one of the biggest stories since Nixon’s Watergate and news media like ABC, NBC, CBS, | Read More »
Why is Harry Reid Killing Construction Jobs?
Note that the question here is why he’s out to get construction jobs per se. It’s already clear that the Senate Democrat leadership is deeply in love with measures that destroy jobs – be they tax increases, employer mandates, more stringent regulations, costlier electricity, empowerment of unions, etc. But all those things destroy jobs on more or less an equal opportunity basis; they’re just about | Read More »
Kudlow Misses an Important Point
in his latest column Kudlow writes What’s a yield curve and why is it so important? Well, the curve itself measures Treasury interest rates, by maturity, from 91-day T-bills all the way out to 30-year bonds. It’s the difference between the long rates and the short rates that tells a key story about the future of the economy. When the curve is wide and upward | Read More »