Obama’s Racist Stimulus Money at Work

Stimulus funds fed minority businesses that served as middlemen. WB Construction & Sons Inc. is a 10-employee, minority-owned firm that received $7.5 million in five stimulus contracts from the federal government, but it did not do close to that much work. Every one of the stimulus contracts it received followed a pattern: Win a contract […]

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Service Jobs Are Next to Go

If you meet Baxter, the latest humanoid robot from Rethink Robotics – you should get comfortable with him, because you’ll likely be seeing more of him soon. Rethink Robotics released Baxter last fall and received an overwhelming response from the manufacturing industry, selling out of their production capacity through April. He’s cheap to buy ($22,000), […]

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30%+ of U.S. Population Unemployed

The number of Americans designated as “not in the labor force” in February was 89,304,000, a record high, up from 89,008,000 in January, according to the Department of Labor. This means that the number of Americans not in the labor force increased 296,000 between January and February. The Bureau of Labor Statistics (BLS) labels people […]

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GDP Shows Surprise Drop for US

The U.S. economy posted a stunning drop of 0.1 percent in the fourth quarter, defying expectations for slow growth and possibly providing incentive for more Federal Reserve stimulus. The economy shrank from October through December for the first time since the recession ended, hurt by the biggest cut in defense spending in 40 years, fewer […]

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Federal Welfare Spending to Skyrocket 80 Percent in Next Decade

Federal welfare spending will skyrocket 80 percent over the next decade, according to new analysis by the minority side of the Senate Budget Committee. Here’s a chart, provided by the committee, detailing the growth in spending: “This chart displays projected federal spending on federal welfare programs over the next ten years, based on data from […]

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