By MICHELLE STEEL 2010-06-01 15:19:40 California’s liberal politicians are clamoring to denounce Arizona’s attempt to deal with illegal immigration. The city of Los Angeles has authorized a boycott of Arizona, and calls for boycotts have been heard in San Francisco and in the state Capitol. War has been declared on a neighboring state that is […]
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by Peter Schiff– With today’s unexpected decline in December payrolls, the cry for more job-related stimulus will grow even louder. But the sad truth is that any new stimulus or jobs bills will ultimately swell the ranks of the unemployed, thereby raising calls for an even bigger federal effort. If we are not careful, government […]
Posted by Erick Erickson “Barack Obama refused to help get unemployment down in 2009 by design so he could get credit in the 2010 election year instead.” Many of us have been saying it for a while. The White House intended that the stimulus money, which the White House intended to use to save or […]
Posted by Moe Lane I was hoping for a drop down into single digits, even if it was a high one. But hope is not a plan, as the current ruling party seems determined to prove. Short version: we lost 85K jobs last month – they were expecting a gain – and the number is […]
Obama Administration figures deliberately understate economic downturn The true rate of unemployment for October 2009 may be 22.1 percent, not the 10.2 percent reported by the Bureau of Labor Statistics, Jerome Corsi’s Red Alert reports. Unemployment at 22.1 percent, if accurate, would be at numbers not seen since peak unemployment during the 1973 to 1975 […]
Posted by Erick Erickson: Wow. Obama has been touring the nation making sure we know how many jobs he has saved or created. It is looking more and more like he is saving or creating the jobless. Unemployment this morning topped 10.2%, even though the number seeking employment has declined. Many have just given up. […]
Be Prepared for the Worst By Ron Paul Any number of pundits claim that we have now passed the worst of the recession. Green shoots of recovery are supposedly popping up all around the country, and the economy is expected to resume growing soon at an annual rate of 3% to 4%. Many of these […]
Robert Shiller The gains in U.S. home prices in recent months may not be sustainable and increases in some areas of the country appear to be in “bubble territory,” an economist known for his property market expertise said on Tuesday. Robert Shiller, an economics professor at Yale University and co-developer of Standard and Poor’s S&P/Case-Shiller […]
