Kansas is 24th state to adopt private school choice. (Photo: Getty Images) School choice is blossoming in the Sunflower State this spring. Last week, Governor Sam Brownback (R) signed into law Kansas’ first school choice scholarship program—making it the 24th state to adopt private school choice. Corporations that contribute to scholarship-granting organizations (which provide vouchers […]
WASHINGTON (CBSDC/AP) — Despite the unemployment rate plummeting, more than 92 million Americans remain out of the labor force. The unemployment rate dropped to 6.3 percent in April from 6.7 percent in March, the lowest it has been since September 2008 when it was 6.1 percent. The sharp drop, though, occurred because the number of people […]
In January 2008, Barack Obama said, “Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket. Coal-powered plants, you know, natural gas, you name it, whatever the plants were, whatever the industry was, they would have to retrofit their operations. That will cost money. They will pass that money on to consumers.” Unable […]
Earnest moralists lament Americans’ distrust of government. What really is regrettable is that government does much to earn distrust, as Terry Dehko, 70, and his daughter Sandy Thomas, 41, understand. Terry, who came to Michigan from Iraq in 1970, soon did what immigrants often do: He went into business, buying Schott’s Supermarket in Fraser, Mich., […]
WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose last week to the highest level since February, a dose of mixed news for an economy that appears to be gaining momentum. The Labor Department said Thursday that a seasonally adjusted 344,000 people applied for benefits, up 14,000 from the previous week and […]
New York City’s share of poor people appears to have plateaued since the recession, at 21.4 percent, with more people working in 2012 than the year before, but at lower wages, according to a new city study. Contributing to the city’s economic problems were increases in the number of Asian-Americans, immigrants and residents of Queens […]
The US under the leadership of Obama is on the brink of losing its status as the world’s largest economy, and is likely to slip behind China as early as this year, much sooner than anticipated, according to the world’s leading statistical agencies. The US has been the global leader since overtaking the UK in 1872. Most economists […]
WASHINGTON (AP) — The U.S. economy slowed drastically in the first three months of the year as a harsh winter exacted a toll on business activity. The slowdown, while worse than expected, is likely to be temporary as growth rebounds with warmer weather. Growth slowed to a barely discernible 0.1 percent annual rate in the […]
by Peak Crackers And so it starts …Keep in mind the US econ is built on 80% consumer consumption ..Remember Jr Bush words after 911..” Go shopping ” ZeroHedge What a better way to celebrate the rigged markets that are telegraphing a “durable” recovery, than with a Credit Suisse report showing, beyond a reasonable doubt, […]
(Terence P. Jeffrey) In the budget proposal he presented to Congress last month, President Barack Obama called for what would be the highest level of sustained taxation ever imposed on the American people, according to the analysis published last week by the Congressional Budget Office. Under Obama’s proposal, taxes would rise from 17.6 percent of Gross […]
