(MoneyNews) Economist and former Secretary of Labor Robert Reich says that unless the government takes swift and intelligent action, the number of unemployed could soar from 25 million to 35 million, and President Barack Obama’s jobs plan doesn’t cut it. “I would rather that (Obama) came up with a jobs plan that the Republicans would […]
Two days ago Obama spoke about creating jobs in the United States spending more taxpayer money on unproven plans. What he did not mention is the the United States is negotiating one of the biggest free trade agreements in history and there is barely a peep about it on the new anywhere. In 1996, Ross […]
The Homeland Security Department under the direction of the Whitehouse said Thursday it will halt deportation proceedings on a case-by-case basis against all illegal immigrants who meet certain criteria such as attending school, having family in the military or are primarily responsible for other family members’ care. In essence, the Whitehouse just gave away 8 […]
Want to know the true impact of Obamacare on job creation in America? Listen to what the job creators have to say. Last month, Andy Puzder, CEO of CKE Restaurants, testified before Congress about the law’s impact on his business. And in this new video he explains how government regulations are costing America jobs. CKE, which owns and […]
With unemployment stuck above 9 percent, Washington is trying to “pivot to jobs” once again. And already the discussion feels tired. The White House’s much-hyped ideas don’t seem bold enough, and Republicans have had little to offer aside from the idea that reducing government regulation will somehow let the free market work its magic. A […]
Upon passage of the financial reform bill, then-Speaker Nancy Pelosi (D-CA) said, “This is the next critical step forward in an effort to rebuild our economy.” This type of political hubris is reminiscent of what economist Friedrich Hayek referred to as the fatal conceit. Unemployment still stands above 9 percent, business confidence is in the […]
After working hard to compile a list of Obama’s rather questionable record of fiscal promises and actual executions, the gist of which is represented best by the violent clash between myth and realty in Christina Romer’s “The Job Impact of the American Recovery and Reinvestment Plan” whose epic failure is defined by one simple chart, […]
The Palestinian Authority is facing another budget crisis, after all its July. It has reached its borrowing limit and has a 585 million dollar deficit, again. So naturally its leaders are asking the West for yet another mega handout. Back in 2007, 7.4 billion dollars was pledged to keep the terrorist edifice of the Authority […]
By almost any measure that you can think of, the U.S. economy has gotten worse since Barack Obama became president. Unemployment is higher, the cost of food and gas are skyrocketing, the number of Americans living in poverty has spiked dramatically, the housing market is in nightmarish shape and our national debt has absolutely exploded. […]
(By Andrew Lilico) It is when, not if. Financial markets merely aren’t sure whether it’ll be tomorrow, a month’s time, a year’s time, or two years’ time (it won’t be longer than that). Given that the ECB has played the “final card” it employed to force a bailout upon the Irish – threatening to bankrupt […]
