Category Archives: Economy

Study Suggests That Immigrants Soaked Up 2/3rds Of The Jobs Gains

Surprise! (Washington Times) Two-thirds of those who have found employment under President Obama are immigrants, both legal and illegal, according to an analysis that suggests immigration has soaked up a large portion of what little job growth there has been over the past three years. The Center for Immigration Studies is releasing the study Thursday […]

$150 Million More Pissed Away On Volt

The Obama administration loans for “green” energy have been such a disaster that we have to wonder if anyone will want to invest for decades. Here’s another example (Fox News) President Obama touted it in 2010 as evidence “manufacturing jobs are coming back to the United States,” but two years later, a Michigan hybrid battery […]

Is It Racist To Mention That The Unemployment Rate Has Been 8%+ For “44” Straight Months?

You know, since Obama is the 44th president, and since everything else, including the words Chicago and golf, are considered racist to mention (WRAL) With a month to go until the presidential election, the government on Friday issues its September jobs report, expected to show an uptick in the U.S. unemployment rate after employers added […]

US Corporate Tax Rate Double World Average

You’re shocked, I know! This comes via ye olde email, so I cannot access the PDF with ye olde Droid in a viewable manner Cato has released a new study by scholars Duanjie Chen and Jack Mintz on corporate effective tax rates in 2012 for 90 countries. http://www.cato.org/pubs/tbb/tbb_65.pdf The study provides estimates of marginal effective […]

Most Voters Think Economy Will Improve If We “Change Course”

The recession officially ended in July 2009. A few years later, the US has had 43 months of 8%+ unemployment, real wages and savings are down, GDP resembles a 2nd world nation, people are abandoning the jobs market in record numbers, personal debt is high, and the US debt is now over $16 trillion. People […]

NY Times Oddly Unimpressed With Republicans “You Did Build That” Message

In yesterday’s Fish Wrap Of Record there were a total of 3 opinion pieces whining about Republicans taking Obama’s “you didn’t build that!” comment out of context with the RNC motto of “You Did Build That!” Here’s the Times’ uber-far left Editorial Board It was appropriate that “We built it,” the needling slogan of the […]

Romney Reminds People About Obama’s Greek Columns

…and for a good reason. Though, somehow, it’s probably raaaaacist (Washington Times) Mitt Romney, routinely dismissed as a bit stiff and humorless on the stump, is suddenly cracking up his campaign trail crowds. On Saturday, the presumptive Republican presidential candidate delighted supporters at a rally in Powell, Ohio, with a Greek-themed jibe at President Obama. […]

Obamanomics: Most Unemployed Unable To Find A Comparable Job

Obviously, this must be the fault of George Bush, Ronald Reagan, Republicans, international issues, tornadoes, tsunamis, earthquakes, and ATMs. Nothing is ever the fault of Obama’s pathetic, uninformed, far left policies based on imaginary economic notions (Washington Post) Many workers are nervous about their livelihoods despite the economic recovery — and for good reason, it […]

Obama Once Again Pushing Money For Teachers After His Stimulus Failed So Spectacularly

Hey, he needs that unionized public teachers campaign contributions and votes Obama: My plan will save teachers’ jobs President Obama again urged Congress to pass his jobs bill Saturday, this time with an emphasis on teachers. “Since 2009, we’ve lost more than 300,000 education jobs, in part because of budget cuts at the state and […]

AP: US Economic Recovery Weakest Since Great Depression

Exactly how bad is the current “recovery” when even the Associated Press feels the need to write an article telling us that it is really, really bad? The AP hasn’t been known for writing that many negative articles while Obama is in office. This one is horrific (Washington Times) The recession that ended three years […]

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