Category Archives: Economy

States Look Towards Bankruptcy To Avoid Crushing Debt

I’ve mentioned many times the dire straights the States are in economically, mostly thanks to liberal policies (they aren’t solely to blame, though. Republican overspending is a part, too). The NY Times is finally noticing this, too. Interestingly, they never mention that the majority of States in really, really bad shape have been mostly run […]

Snap! Obama Plans To Reboot On Economic Advice

After two years of mostly bad ideas on how to handle the recession, which turned into the worst economic downturn since the Great Depression, which happened while Democrats were in control of the federal government, Obama is looking to reboot! Which should lead to more great failed sloganeering, like “Recovery Summer”. Thankfully, Obama won’t have […]

Snap! The Hill Says Obama And The Democrats Job Creation Policies Rock!

Vicki Needham is working hard to provide cover for the Obama administration and Congressional Democrats, who just got whacked during the 2010 mid-term Job creation is happening at a faster rate than during previous recessions, more good news for the White House and congressional Democrats who have spent the past two years defending their policies […]

Obamonomy: Companies Look More Towards Temporary Jobs

The good news is, there are some jobs out there. The bad news is they are simply temporary/contractor positions Temporary workers are starting to look, well, not so temporary. Despite a surge this year in short-term hiring, many American businesses are still skittish about making those jobs permanent, raising concerns among workers and some labor […]

Obamanomics Changes Dynamics Of Letters To Santa

Old and busted: An Official Red Ryder Carbine-Action Two-Hundred-Shot Range Model Air Rifle! New and sad: Kids write Santa this year for basic needs instead of toys Santa Claus and his elves are seeing more heartbreaking letters this year as children cite their parents’ economic troubles in their wish lists. U.S. Postal Service workers who […]

Countries Agree To Redistribute Wealth For Climate Change, As Snow Collapses Metrodome

Big doings in exotic Cancun, doings which highlight exactly what this whole farce is all about Delegates from 193 nations agreed Saturday on a new global framework to help developing countries curb their carbon output and cope with the effects of climate change, but they postponed the harder question of precisely how industrialized and major […]

Hey, Good News, States See Some Revenue Growth. Bad News: Everything Else

I due truly love the spin from the LA Times: States’ budget picture is brightening – But many continue to face deficits. Tax revenues are rising but demand for social services remains high, and there won’t be a batch of federal stimulus money this year. Interesting. They destroy their own headline with the sub. Then […]

Obamanomics: State Debt Shows A Looming Crisis

Obviously, the New York Times isn’t blaming this on Obama and the Democrats, yet, since Democrats have held the power of the purse and legislation throughout this entire economic downturn, and the Presidency for the past two years, not too mention a good chunk of the state legislatures, it’s their policies that create the problems […]

CNN Takes A Stab At Why There’s Really No Job Recovery

Surprisingly, Bush was not mentioned. Instead, they find a different villain The problem with bringing down the stubbornly high unemployment rate is that employers are learning to do more with less. Employers still aren’t hiring enough. Just look at November’s disappointing employment report, which barely eked out a gain in jobs. Or better yet, look […]

Business Leaders: We Won’t Be Placated With A Backyard Beer Summit

Obama is, well, I can’t really say learning, since he is obviously infallable and knows better than everyone else on the planet since the dawn of time, but, he might catch a little clue that after months and months of demonizing business, you know, that entity that makes the economy go, are not as easily […]

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