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 […]
“Feeding the masses on unicorn ribs”. That was how Walter Russell Mead once poured scorn on Obama’s misbegotten attempts to revive the US economy by creating five million “green jobs.” Mead was quite right, of course. And there was plenty of evidence to back him up, such as the 2009 report by a Madrid university professor Gabriel […]
(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 […]
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 […]
(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 […]
In order to effectively—and with as much certainty as is possible—decimate and destroy a country, its Middle Class must be thoroughly eradicated. The infamous Soviet-style Communist Saul Alinsky—mentor to Hillary Clinton who wrote her Senior thesis on him “There is Only the Fight…” at Wellesley College—wrote extensively about it in his book Rules for Radicals. […]
A devastating new McKinsey & Co. report finds that Obamacare’s purported purpose – providing coverage for the previously uninsured – has failed. The report concludes that 74% of Obamacare enrollees at the end of the first open enrollment period already had insurance; just 26% reported being previously uninsured. Of those who were previously uninsured, the figure drops […]
(CNSNews.com) – Federal Reserve Chairman Janet Yellen, referencing the Congressional Budget Office’s long-term budget projections, told the Joint Economic Committee of Congress today that under current policies the federal government’s deficits “will rise to unsustainable levels.” In the 10-year budget projections it released in April, the CBO estimated that the federal government will run $7.618 trillion […]
Despite adding more than 8 million people to the working-age population since 2007, total employment has declined by half a million, according to an analysis by the Senate Budget Committee. Before President Barack Obama took office 259.7 million people were part of the working-age population, or between ages 16 and 65. Now, the number has […]
