The ongoing record-setting oil production in North Dakota continues to make it the most economically successful state in the country, with record levels of employment and income growth, a labor shortage, increasing tax revenues, the lowest foreclosure rate in the country, a strong real estate market, and jobless rates in many counties of the Bakken region below 3%.
Archive for Category: "Economy"
March 7, 2012 09:05
42% See U.S. Debt Default Somewhat Likely in Next 5 Years
A new Rasmussen Reports national telephone survey finds that 42% of American Adults believe it is at least somewhat likely that the U.S. government will default on its debt in the next five years. Forty-eight percent (48%) now rate a national debt default as unlikely.
March 7, 2012 09:00
Obama Unveils New Big Bank Bailout Disguised as Mortgage Relief
Throwing more taxpayer money down the drain will of course be “broadly positive” for big banks that will see income rise. – Mish Shedlock
March 7, 2012 06:23
Businesses continue fleeing California
In 2011, 254 California companies moved some or all of their work and jobs out of state, 26% more than in 2010…
March 7, 2012 05:39
Why we hate our government – stupid stuff from D.C.
We continue to see lunacy from congress which really amounts to feeble attempts to buy votes and stay in power while bankrupting future generations. Is there any wonder why congress’ approval ratings are at historic lows? Why do we keep sending the same stupid people back?
March 6, 2012 09:34
Black author says Obama driving Americans to government “plantation’
The author of “Blacklash” has harsh words for the food stamp president. she also says Obama’s war on fossil fuels hurts the very people he says he is trying to help.
March 6, 2012 07:27
Running on Empty: White House Plan for Higher Gas Prices & Fewer Jobs
[F]ar from supporting “all of the above,” the Obama administration has spent more than three years blocking efforts to expand energy production and bring down gas prices, while pushing job-crushing tax hikes and taxpayer-backed loans to companies like Solyndra. Here’s a look:
March 6, 2012 06:52
Coal heats up as campaign issue for Obama
Lawmakers on both sides of the partisan aisle say Obama administration environmental regulations aimed at cutting greenhouse gas emissionsare poised to hit jobs and consumers harder than the Keystone XL decision at the same time the president seems to have abandoned his stated support for the coal industry and clean-coal technology. – Washington Times
March 6, 2012 06:35
Put the Kids to Work
[I]n the fastest growing economies in the world, kids are working from the age of 10. This is not exploitation; quite the opposite. It means that the kids are getting a great education in the real world of commerce.
March 6, 2012 06:17
15 Potentially Massive Threats To The U.S. Economy Over The Next 12 Months
There are dozens of potentially massive threats that could easily push the U.S. economy over the edge during the next 12 months. A war in the Middle East, a financial collapse in Europe, a major derivatives crisis or a horrific natural disaster could all change our economic situation very rapidly.
