As more workers stop filing or run out of benefits they are no longer counted as “unemployed” for the unemployment rate. So as the economy worsens we are actually seeing the rate drop a few tenths of a point which is heralded with great delight in the Obama campaign.
Archive for Category: "Economy"
February 3, 2012 12:06
Chump state workers just keep feeding the pension thieves
Government workers should be fighting those who take money out of their pockets and blow it instead of going after the taxpayers who put money into their pockets. If our state leaders do not act this year to honestly admit hidden debt and begin reducing it, they indenture generations of taxpayers and public workers.
February 3, 2012 05:08
Sen. DeMint: Country going bankrupt – “folks up here don’t get it”
“The voters out there just need to look at everyone regardless of party and send us some reinforcements up here. I think they will. I think America will be paying attention because I think by the time we get to November people are going to realize how much trouble we’re in. … We just need to wake up because I really do think this could be our last chance to turn things around.” DeMint
February 2, 2012 10:24
One Year Later, Another Look at Obamanomics vs. Reaganomics
Under Reagan’s policies, the economy skyrocketed. Under Obama’s policies, by contrast, we’ve just barely gotten back to where we were when the recession began. Unlike past recessions, we haven’t enjoyed a strong bounce. And this means we haven’t recovered the output that was lost during the downturn. – Forbes.com
February 2, 2012 09:45
Obama’s America: One Big, Gigantic Soup Kitchen
Obama, like all the socialists who came before him and who will follow him, misses the point. They fail to see that production and freedom are the only things that make caring possible.
February 2, 2012 09:12
Obama clueless about jobless “recovery”
Obama’s awkward interaction with a woman who was asking why it was so hard for her husband to find work in this economy. After hemming and hawing about the condition he thought the economy was in, it was revealed that Barack Obama’s view of the economy is in direct contrast to what everyday Americans are dealing with.
February 2, 2012 05:44
Obama’s Calculated Deception
Obama is also certain that you, or at least your friends and neighbors, are too stupid to know that during the first two of his three years in office, the Congress was completely controlled by Democrat supermajorities that were able to give Obama anything he wanted. Congressional Republicans during those years were reduced to hapless bystanders, which is how Obamacare was passed. – American Spectator
February 2, 2012 05:06
Obama offers new tax to buy votes – the mortgage bailout
In a bald pitch for vote buying Obama is offering to help mortgage holders refinance by raising costs of banking on everyone else. This is typical campaign mentality. Offer ruinous economic gimmicks that will be paid for by others in the future to buy votes now. Sen. Coburn and Neal Cavuto discuss the president’s latest scheme.
February 2, 2012 04:52
The State of the Union, Just Another Reality Show
[I]t’s actually a spectacle that crowds out the real news. News about the impact American diplomacy is having on our future standard of living. News about the U.S. dollar’s reserve status winding down.
February 1, 2012 08:47
How Currencies Die and Gold Prospers — Part II
Governments could slash spending and social programs to the bone. That is the only real solution to the problem, but it is considered “impractical” or “impossible.” In the case of the U.S., it would mean halving current government spending, including dramatic changes to social security and medicare. Changes of this magnitude will not happen because no politician has the courage to undertake such actions.
