Category Archives: Economy

Target Joins Growing Number Of Companies Dropping Health Insurance For Part-Timers

More victims of Obama’s signature legislation, aided and abetted by most Democrats (Bloomberg) Target Corp. (TGT) said it will end health insurance for part-time employees, joining Trader Joe’s Co., Home Depot Inc. and other retailers that have scaled back benefits in response to changes from Obamacare. About 10 percent of Target’s part-time employees, defined as […]

P0rn Stars Leave California For Vegas Over Condom Law

Laws have consequences. In this case, revenue and jobs are leaving California because of a law, something California should be used to (UK Daily Mail) It is known as the City of Sin, so it is perhaps no surprise to find that the porn industry is moving to Las Vegas after LA passed a law […]

Fish Wrap: A Pay Raise For Fast Food But Cut Military Pay

It was just a week ago that the NY Times editorial board recommended put military compensation and perks on the chopping block. Now… (NY Times) Unfortunately, job creation remains concentrated in low-income work, including in retail, restaurants and bars. It is little surprise that fast-food workers have been organizing and agitating for better pay. Their […]

Poll: Americans Sour Further On State Of Country

Hey, this is what you Democrats voted for (CNN) Americans views on the state of the nation are turning increasingly sour, according to a new national poll. And a CNN/ORC International survey released Friday also indicates that less than a quarter of the public says that economic conditions are improving, while nearly four in ten […]

Abbott And Costello Do Unemployment

Thanks to Trish in the comments for this one COSTELLO: I want to talk about the unemployment rate in the U.S.A. ABBOTT: Good Subject. Terrible Times. It’s 7.8%. COSTELLO: That many people are out of work? ABBOTT: No, that’s 14.7% COSTELLO: You just said 7.8%. ABBOTT: 7.8% Unemployed. COSTELLO: Right 7.8% out of work. ABBOTT: […]

Only In The Obameconomy Do You See This Scenario

A bit of a late Sunday night musing, but couldn’t let this one go. The Star Ledger’s Kathleen O’Brien offers “Obamacare tax pitfalls: Two scenarios“. Here’s the first Q. Let’s say you’re a single, 27-year-old who works at a pizzeria. At the time you apply for Obamacare, you’re making $15,900 a year. Halfway through 2014, […]

Man With Largest Footprint In The World* Touts His Clean Energy Agenda

I’ll give you a moment to stop laughing and clean the tears from your eyes….ready? With Obamacare imploding around his ears, with the deficit continuing to skyrocket, with record debt, record numbers of people out of jobs in the long term, historic numbers of Americans giving up on getting a job in despair, running without […]

Obama Pushes ENDA, Shows He Still Has No Clue How Business Works

Yes, the business of Government must move along with more than one issue, but, in reality, Obama jumping in on ENDA, the Employer Non-Discrimination Act, is simply red meat thrown to Democrats who have lost faith in him over the idiocy of Obamacare and NSA spying. He just tried the same thing last week with […]

September Jobs Report Once Again Fails To Meet Expectations

Just remember, as the administration always stresses, “it is important not to read too much into any one monthly report”. So, don’t be concerned that yet another jobs report underperforms (Business Week) Payrolls climbed less than projected in September, indicating the U.S. economy had little momentum leading up to the federal government shutdown. The jobless […]

Reid Wants $1.1 Trillion Debt Limit Hike Through 2014

This should tell you where Democrat priorities lie. Harry Reid surely consulted with Obama on this, regardless of Team Obama saying they’re open to a short term debt extension (The Hill) Senate Majority Leader Harry Reid (D-Nev.) is moving legislation to push the debt limit until Dec. 31, 2014, well beyond next year’s midterm election. […]

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