Category Archives: Economy

Rick Perry To California: “we don’t judge success on the number of people we have on public assistance.”

Texas Governor Rick Perry continues his tour to swipe jobs and companies from Blue States, having recently gotten into it with Maryland Commissar, er, Governor Martin O’Malley. Now… (SFGate) Texas Republican Gov. Rick Perry, on a tour aimed at pushing “red state” tax and business policies to drive growth, said Friday that a major economic […]

Are You Psyched For Obama Speaking On The 5th Anniversary Of The Financial Crisis?

If you thought his speech on Syria was bad, wait till you hear this one (The Hill) President Obama will speak Monday from the White House Rose Garden to mark the five-year anniversary of the financial crisis and highlight his administration’s response to it. In other words, he’ll try and fist bump himself, and perhaps […]

Sea World, Trader Joes, Join The “Obamacare Is Bad For Business” Party

The hit parade keeps playing on (Orlando Sentinel) SeaWorld Entertainment Inc. is reducing hours for thousands of part-time workers, a move that would allow the Orlando-based theme-park owner to avoid offering those employees medical insurance under the federal government’s health-care overhaul. SeaWorld confirmed the move Monday in a brief written statement to the Orlando Sentinel. […]

Weaker Than Expected Jobs Report Partly Due To Adult Film Layoffs

I was really, really, really hoping this would be part of the White House’s Blamestorming as to yet another “eh” and “blah” jobs report. Alas, no (Telegraph) The US porn industry is latest reason being given for the worse-than-expected non-farm payroll. The Washington Post’s Wonkblog reports : The adult film industry appears to have made […]

Warmist Wonders Why Free Market Hasn’t Solved Hotcoldwetdry Yet

Probably because most companies are content to simply patronize those who believe in “climate change”, but not really Do Something. Which goes the same for Warmists like Al Gore, who do not want the “problem” solved, because they make a boatload of cash off the issue, as well as prestige and power. This comes from […]

So, A Bunch Of People With No Skills Went On Strike For More Pay Yesterday

I wonder if next week’s headline will be “Unemployment Applications Rise” followed by “Fast Food Restaurants Advertise For Lots of Newly Opened Positions” (Raleigh N&O) About 50 Triangle fast-food workers joined a nationwide strike Thursday, rallying outside several chain restaurants in Raleigh and Durham for a $15-an-hour wage. Organized largely through social media and word […]

Yet Another Obama-Backed “Green” Company Close To Bankruptcy

Obamanomics (The Hill) ECOtality Inc., an Energy Department-backed maker of electric car charging systems, is facing a major cash crunch and could file for bankruptcy. The company, which has been awarded nearly $100 million in grant funding under the 2009 stimulus law, disclosed Monday that it’s weighing a restructuring or sale as it seeks more […]

Man With Giant Carbon Footprint Sees Stopping Climate Change As Part Of His Legacy

Let’s not forget, the man in question has a “carbon footprint” estimated at 41,000 metric tons, making him mostly to be the Man With Largest Carbon Footprint In The World. The average American’s footprint is a bit over 19 metric tons. Worldwide it is 2 tons. Heck, Obama is putting out way more than two […]

Surprise! $500 Million In “Green” Training Money Wasted

I know, you’re pretty darned surprised. Who would have thought that so much money would be wasted on “green” projects by the Obama/Democrat Stimulus plan? (Fox News) A federal audit shows that nearly a half-billion dollars in government funds was spent on training workers for so-called “green jobs.” The only problem is that not enough […]

“With The Recovery Entering Its Fifth Year…”

We certainly should recall that “it is important not to read too much into any one monthly report and it is informative to consider each report in the context of other data that are becoming available.” (Bloomberg) Employers added fewer workers than anticipated in July even as the U.S. jobless rate dropped to 7.4 percent, […]

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