economy Archive

22August 20, 2010
When Does Unexpected Become Expected? The Left is Surprised by Reality

It seems that every month, economic indicators are released that take the elites and the MSM (redundant?) by surprise. Hence, the MSM leads with headlines like, “unexpected,” “surprising,” and the like. Here is the latest “unexpected” story, from CNBC. New U.S. claims for unemployment benefits unexpectedly climbed to a nine-month high last week, yet another setback [...]
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6August 7, 2010
Real News from CNBC???

First off let me say that rumors of my demise are greatly exaggerated. I am still here and workin’ hard on stayin’ here. Without going into details, I have been battling my heart condition and have had a rough go of it as of late. I tell you all this because I felt the need [...]
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12July 17, 2010
The Jobs Situation is Grim

I never thought that I’d quote Ezra Klein. However, it’s been a screwy day, so I am. Here is a graph from the WaPo, via Brookings. That’s job growth per month on the X axis, and how many months that level of job growth would take to get us back to pre-recession levels on the Y axis. [...]
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4November 20, 2009
Democrats & Independents Hardest Hit By Soaring Unemployment

The unprecedented increase in unemployment has no doubt effected every U.S. citizen in one way shape or form. If you have not been laid off, then chances are you are close to someone who has been. You probably even have one or more within your family that has been let go in the past year. [...]
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