Tag Archives: unemployment
Last week the Bureau of Labor Statistics released a report that said that the labor force participation rate (LFPR) dropped to 63.6%, the lowest rate since Jimmy Carter was in office. Essentially that means that of the population of 16 … Continue reading
The United States was built on the backs of hard working people. From pilgrims who survived an ocean’s journey and founded a colony at Plymouth to slaves who endured the blistering sun as they harvested cotton to settlers who braved … Continue reading
It is said that history is written by the victors. In the case of the 2012 election it’s hard to see how that’s even possible given that with the current trajectory of the GOP primaries we’re all going to end up losers.
Rarely does it occur that choices and consequences of government policies are so starkly presented for an electorate as they are today. Unfortunately, I’m not talking about the GOP field as an alternative to our big government president.
Barack Obama will unveil his new jobs program tonight and it’s shovel ready. Ready for a shovel, that is. It will look very much like the 2009 stimulus except that Obama will employ the crafty J. Wellington Wimpy strategy:
“I’ll gladly pay you Tuesday for a hamburger today.”
Last week, for the first time in history, US debt was cut to below AAA. That wasn’t supposed to happen. For months we saw President Obama and the media pillorying conservatives for inviting Armageddon by opposing the lifting of the debt ceiling without substantive cuts in government spending. When the “Hobbits,” as the Wall Street Journal dubbed them, were undone by the squishy wing of the GOP and we had our “grand compromise,” that was supposed to avoid a downgrade.
It’s pretty obvious that Plouffie, like his boss, has never worked a real day in his life.
President Obama’s senior political adviser David Plouffe said Wednesday that people won’t vote in 2012 based on the unemployment rate.
