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unemployment Archive
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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 [...] -
The Coming Tax Assault: 2011 Destroyed by Tax Increases on Everyone
2011, regardless of what happens in the 2010 elections, will be a bad year for America due to the avalanche of tax increases that will hit everyone, specifically dead people, married people, rich people, investors, poor people, those with kids, those who save, those who buy medications, and small businesses. New tax increases of varying [...] -
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. [...] -
Biden Earns Title of Captain Obvious
In a shocking turn of events…well, not all that shocking, Vice President Joe Biden gaffed, yet again. For a politician, and especially a Democrat, stating an obvious truth is a gaffe. Vice President Joe Biden gave a stark assessment of the economy today, telling an audience of supporters, “there’s no possibility to restore 8 million [...] -
Obama Polices to Kill Over 1000 Jobs
It seems that Obama’s policies are set to send over a thousand American jobs overseas. Up to 1,000 jobs at Bucyrus International Inc. and its suppliers could be in jeopardy as the result of a decision by the U.S. Export-Import Bank, funded by Congress, to deny several hundred million dollars in loan guarantees to a [...] -
ObamaCare Damage: The Numbers Never Added up, IRS to Collect Fines, and Job Losses
I saw that Hot Air was covering the news that, according to the CMS, ObamaCare will cause costs to go up, and will NOT meet the claimed projected savings. Hot Air quoted that news source that “shall not be quoted,” so I looked up other sources. Like this, from Kaiser Health News. So who are [...] -
Taxes: A Historical Perspective
With taxes on tanning salons and medical devises in the ObamaCare law, and the states proposing taxes on all sorts of services and products, I think it might be a good time to take a look at just how successful other taxes have been. In 1990, a luxury tax was passed to go after the [...] -
We Have Work To Do: Document the Damage Caused By ObamaCare
As ObamaCare slithered it’s way through Congress, it was predicted that increased costs would cause layoffs, business failures, and doctors to leave medicine entirely. While those things are likely to happen, we also have to acknowledge that the MSM will not be doing it’s job (as usual) in terms of reporting these negative consequences of [...] -
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. [...]
