Energy is responsible for these states’ job recoveries “to a very large degree,” says Jim Diffley, senior director of U.S. regional services at IHS Global Insight. “In North Dakota and Alaska, the energy sector is predominately very much the single most important factor.”
Archive for Category: "Economy"
Blowing Wind Up Your Skirt
The wind industry actually shed 10,000 jobs since 2009 at the same time the energy capacity of wind farms had doubled. Meanwhile, the oil and gas industry had added 75,000 jobs. How many more jobs would have been added if the Obama administration had not imposed a drilling moratorium in the Gulf of Mexico.
US could fall off a “fiscal cliff”
The US economy could go in to recession, shrinking at a rate of 1.3% in the first half of 2013, the Congressional Budget Office said. – BBC News
Hack Harry Reid blocks attempt to stop tax credits for illegals
Illegal aliens can claim more than $4 billion a year in child tax credit for dependents, many of whom don’t even live in the United States. Reid objected to a unanimous consent request to call up and pass legislation that would close this loophole which the Treasury Department’s independent Inspector General for Tax Administration has asked Congress to do in the absence of administrative action.
“Biggest problem in our country is leadership” – Sen coburn
Total economic collapse! At at time when we’re borrowing nearly $2 trillion every year to pay for things that we don’t absolutely need, Dr. Coburn explains how entitlement reform, true cuts to spending, lowering tax rates and broadening the base, are all needed in order to save our country for future generations. MSNBC’s Morning Joe asks Dr. Coburn to explain the seriousness of our debt situation and what steps are needed to avoid total economic collapse.
Why Obama Failed
[V]oting Obama out of office ought to be a no-brainer to anybody who’s not a committed and ideological Big Government socialist. Polls show a huge majority of Americans think the country is on the wrong track. But Obama gets almost none of the blame, and a majority like him. If you were on a sinking ship and the captain stood there saying, “No worries. It never sinks,” how much support would you give this captain?
Whispering the Truth in Obama’s Amerika
Driving out wealth creators and importing potential destroyers may seem like national suicide, but it’s a winning formula for mansion-dwelling, Marxist politicians. – American Thinker
Optimistic America and the Worst Record of Incompetence Since Jimmy Carter
It will take decades to undo the damage that has been done, but it can be done and there are clear indications that most Americans have had enough of big government, big spending, and big borrowing.
Organic food police fail in Wal-Mart attack
We’d all be better off if these ridiculous attacks on conventional and biotech (and organic) foods were simply thrown out with the garbage.
Obama in Twilight Zone on Eurozone to save election chances
LOL! Obama wants Europeans to use his bankruptcy plan to hold Europe together until after the election. The world leader of debt financed spending is trying to get the rest of the world to bankrupt themselves to save his reelection chances.