A new U.S. Chamber of Commerce report analyses how new EPA regulations will “threaten to suppress average annual U.S. Gross Domestic Product (GDP) by $51 billion [annually] and lead to an average of 224,000 fewer U.S. jobs every year through 2030.” The Chamber of Commerce concludes that the devastating effects of the regulations raise serious concerns, […]
In a recent opinion piece for the Washington Times, Michael Taube makes some unusual statements about crime in Denver, Colorado after the state legalized the sale of marijuana for recreational use on January 1st of this year. Taube claims the following: “Denver hasn’t witnessed an increase in crime levels since marijuana legalization.” This is simply not true. Denver’s […]
A new analysis by the Employment Policy Institute (EPI) shows that unemployment among teens without a high school diploma is more than 50 percent in two of the largest U.S. cities. Using U.S. Census Bureau data from May 2013 to April 2014, the analysis reveals that in Riverside-San Bernardino area of Southern California, the unemployment […]
(Chriss W. Street) After five years of the federal government telling the public that despite a $3.5 trillion increase in monetary expansion, the inflation rate is below, the Department of Agriculture (DOA) just warned the American public that the consumer price index for food is up by 10% this year. The DOA tried to blame food inflation on the […]
Startling charts from the Republicans on the Senate Budget Committee about male participation in the labor force, particularly men between the ages of 25-54. “There are currently 61.1 million American men in their prime working years, age 25–54. A staggering 1 in 8 such men are not in the labor force at all, meaning they […]
This morning, the Obama administration will announce new EPA rules that will keep the president’s infamous promise that “electricity rates would necessarily skyrocket.” The promise was so clear, so brazen, that it’s worth taking another look. The president’s plan would indeed cause a surge in electricity bills – costs stand to go up $17 billion every year. But it would also shut down […]
It has not been a pleasant week for Democrats who hope that a strengthening economy will help them overcome other big electoral weaknesses and limit their losses in the 2014 midterm elections. The biggest blow came Thursday with release of revised gross domestic product numbers showing the economy actually contracted 1 percent in the first quarter, the […]
(Photo: Newscom) Vladimir Putin is the father of the most significant energy mix shift in Europe. Ukraine may be the straw that broke the back of the energy camel. As a result, Russia is about to lose a lot of revenue. Talk about the unintended consequences. Even before Putin occupied the Crimea and supported separatist […]
(Photo: Marcin Wichary) Ten years from now, electric (EV), hybrid and natural-gas powered cars will make some, albeit not yet decisive, inroads in our lives. There are economic, lifestyle and technological reasons for this. First, it is the technology of hydraulic fracturing, and improved 3-D seismic and imaging techniques, which provides us with the ability […]
(Mark Hemingway) A new poll suggests that finding employment, particularly for the long-term unemployed, continues to be a struggle for Americans. The poll, conducted by Harris Poll on behalf of Express Employment Professionals, asked questions of 1,500 unemployed adult Americans last month. “This survey shows that millions of Americans are at risk of falling into […]
