Tag Archives: unemployment
We admire, even revere statistics and statistician explanations, and when they pertain to our economic well being and are supported by anointed economists, they become gold. These statistics and explanations can only be elevated into the rarified domain of sanctity … Continue reading
The job market is looking dismal- and part time: WASHINGTON — The 162,000 jobs the economy added in July were a disappointment. The quality of the jobs was even worse. A disproportionate number of the added jobs were part time … Continue reading
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.
On Wednesday Barack Obama tried to sound upbeat: PITTSBURGH, Pennsylvania (AFP) – President Barack Obama sought Wednesday to briefly divert attention from US oil disaster to his efforts to rescue the economy, predicting a report showing “strong” jobs growth in … Continue reading