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Tag Archives: unemployment

Spain’s Present is Obama America’s Future

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Although Spain is not as bad off as Greece, a look at Spain’s current economic reality reveals the future of America under four more years of Barrack Obama. Despite European commitments to inject up to 100 billion euros into Spain’s faltering banking system, bank withdrawals have accelerated.  During July, doubts about Spain’s financial system caused Spaniards to withdraw a record ...

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ObamaStamp: The Rising Food Stamp Crisis

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As unemployment continues to rise, which has held steady above 8 percent during most of President Obama’s term.  While consumers are spending more of their shrinking income on food, gas, and energy that also continue to rise, the government continues to increase their food stamp dependency.  This temporary safety net created by the government, continues to be a lifestyle for ...

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Obama And Biden Talk About The Unemployment Rate

  Those of us that are old enough to remember Abbott and Costello will remember their famous comedy routine “Who’s On First.” Have you ever wondered what Obama and Biden sound like when they are discussing the unemployment problem we have in this country today? Well I think that it might sound something like this. Are you old enough to ...

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Luxury Tax 2.0 – Obama’s War on Prosperity

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President Obama keeps asking “Do you want to return to the failed policies of the past?” At the same time he is urging us to envy those who have worked very hard and risked their own capital to make the American dream come true. An examination of that question might be in order. Those who are not willing to just ...

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How To Help Millenials: An Interview With Former Labor Department Official

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The July 2012 jobs report was released on August 3rd 2012, and major news outlets have been reporting that the US economy added 163,000 jobs.  While the debate  rages on about the accuracy of the real number of jobs created or lost, the economic impact on young Americans has been lost in the fervor. The jobs report revealed some startling and ...

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Shorter Obama: It’s Still GW Bush’s Fault

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Unemployment ticks up again and Obama still manages to blame those dastardly Republicans. After three and a half years you would think he might begin to acknowledge that some of the socialist programs implemented by this administration have not worked. You would think…    Watch the latest video at video.insider.foxnews.com

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Unemployment rate rises to 8.3% – again

The Bureau of Labor Statistics carefully wordsmithed today’s release of the July Employment Situation Report which showed that unemployment has hit 8.3% again despite a shrinking American workforce. To downplay the alarming jobs news, the BLS used phrases like “essentially unchanged” to describe the increase in the most recognized measure on the health of the workforce. If the number had ...

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Rep. Mike Kelly (R-PA) Takes To the Floor and Raises the Roof!

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Pennsylvania’s Mike Kelly fires up the House of Representatives with a stirring speech about putting politics aside and getting America back to work! His oratory is accompanied by chants of USA USA from other members. The video speaks for itself!

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How’s That “progressive” Deal Working Out For You?

According to the Labor Department, jobless claims for unemployment benefits surged 34,000 to 386,000.  Figures for the prior week were revised upwards to 352,000 from the 350,000 previously reported.  This makes every time since the current administration seized power that previously reported unemployment numbers were later revised upwards. Meanwhile, factory activity fell shy of expectations held by economic experts and ...

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Losing the Black Vote?

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In 2008 Barack Obama received 95% of the African American vote. The news media reports rumblings of unhappiness (no surprise with unemployment over 14% for African Americans and young adult Blacks at 24%). But the news reported generally is more of whispers than actual signs of unrest. This  AlJazeera video clip was shared on NewsNinja2012.com. Filmed in Obama’s back yard ...

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These Numbers Do Not Lie

In each of the States that elected Republican governors during the Tea Party dominated 2010 midterm elections, unemployment rates have gone down. According to an Examiner.com analysis, since Tea Party Republicans took over in January 2011, the average reduction in unemployment for those 17 States has been 1.35%.  When compared nationally, job creation in those States has been 50% better ...

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The Job Sinkhole

Today the American unemployment rate remains unchanged at 8.2 percent.  The economy is still five million jobs shy of the breakeven point as America continues to drown in a sea of growing government red ink while struggling to tread water under the overburden of oppressive big government regulations. Since the start of the seemingly never ending “great recession”, the nation ...

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Lackluster service-sector report shows long-term weakness ahead

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The Institute for Supply Management released it’s non-manufacturing report today hit 52.1, the lowest in more than 12 months, indicating that while the service-related businesses are still growing, the growth is slowing. In May, the Non-manufacturing index (NMI) was at 53.7. June’s NMI was markedly lower at 52.1 indicating that service-sector employers were seeing weakness in their respective industries. While ...

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Don’t Be Stupid, It’s Still the Economy

The United States Supreme Court has ruled.  The obama”care”tax is Constitutional. Of course, that depends on what your definition of tax is. Institutionalized “progressive” leftists in the “mainstream” media have mockingly praised the majority opinion of swing vote Chief Justice Roberts.  Conservatives have expressed scorn for Roberts over the decision.  How long will it be before there are calls to ...

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EU Unemployment: Ouch!

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European unemployment for May reached 11.1% making it the highest ever for a single currency area. Nearly, one in four adults in Spain is now unemployed but for the under 25 age group a critical 52% in Spain and Greece are unable to find work.  In total, 17.6 million people were out of work in the Eurozone in May, up ...

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