Biggest drop in HPI since November 2012 Trey Garrison The Case-Shiller home price index fell 0.5% in July, the biggest drop since November 2011 and the third month in a row of declines, according to the latest Case-Shiller Home Price Index. Annualized growth printed at 6.75%, well below analyst expectations and the slowest rate of growth […]
By Alan Joel : The Tax Foundation released its first global stat called the “International Tax Competitiveness Index”. This index aims to measure two criteria, competitiveness and neutrality, by examining “the extent to which a country’s tax system adheres to”, these “two important principles of tax policy”. The index accounted for more than 40 tax positions […]
Paul Craig Roberts It is amazing how the government manages to continue selling Brooklyn Bridges to a gullible public. Americans buy wars they don’t need and economic recoveries that do not exist. The best investment in America is a highly leveraged fund that invests only in large cap companies that are buying back their own […]
By Jerry A. Kane Elbert Guillory’s Free At Last PAC has released a powerful ad criticizing Democrat senator Mary Landrieu for her failure to help black people in Louisiana. Since 1996 [when Landrieu took office], black unemployment has doubled and the poverty rate for blacks has skyrocketed.”—Elbert Guillory, Louisiana state senator Guillory, a longtime Democrat […]
The U.S. Census Bureau reported Tuesday that household income for noncitizens working in the United States rose 6.0 percent between 2012 and 2013, 15 times more than the paltry 0.4 percent increase for households led by native-born U.S. workers. Census said income households led by foreign-born workers, which includes noncitizens and naturalized citizens, rose 1.7 […]
As can be expected, because of the drop of the unemployment rate to 7.8%, comparisons of Obama’s “recovery” and the Reagan recovery have been making the rounds. 1. Unemployment Rates are Alike But the reasons behind the drop in unemployment rates are disguised by […]
By Jennifer Pompi – The Washington Times – Under President Obama, the richest 10 percent were the only income group of Americans to see their median incomes rise, according to a survey released this week by the Federal Reserve. The Fed data covered the years 2010-2013, during which period Mr. Obama constantly campaigned against income inequality and won re-election by painting his Republican […]
Due To Rampant Fraud, Two Out of Three People Now Support the Third Person In The Obama U.S. If the threats and promises of our extroverted Muslim leader, one Barack H. Obama, regarding illegally bypassing Congress and the United States Constitution and using Executive Orders are allowed to be put into being, the exacerbated numbers […]
By Alan Caruba : Let’s look at just some of the latest news about the U.S. economy: # According to the Treasury Department’s Bureau of Fiscal Services, the federal government paid $2,007,358,200,000—over $2 trillion—in benefits and entitlements in the 2013 fiscal year, October 1, 2012 to September 30, 2013. Most of the benefits, 69.7% came from non-means tested […]
By Austin Hill: Participation in the US labor force is at an all-time low, consumption of taxpayer funded welfare services is at an all-time high, and the greatest level of “job creation” is in the part-time category. So what, naturally, would city, county and state lawmakers pursue in response to a new, entrepreneurial small business startup movement? […]
