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Category Archive for 'economy'

According to a recent Gallup poll, the state with the biggest drop in confidence in the economy is Delaware. Economic confidence dropped in all states and the District of Columbia in 2011, reflecting the overall decline nationally. The declines range from a low of 3 points in Idaho and West Virginia to a high of [...]

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The Real Numbers of Underemployed

“Gallup finds underemployment, without seasonal adjustment, at 18.4% in mid-December — up from 18.1% at the end of November and similar to the 18.5% of a year ago. Over the same period, unemployment increased to 8.7% from 8.5% at the end of last month. Read more at GALLUP.com.” Bill Wilson, of Americans for Limited Government, [...]

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November 15, 2011 3:33 PM EST Calls on President Obama to Get Involved in the Discussion WASHINGTON, Nov. 15, 2011 /PRNewswire-USNewswire/ — The Latino Partnership for Conservative Principles, a leading voice of Latino conservatives, commended U.S. Senators Chris Coons (D-DE) and Marco Rubio (R-FL) for introducing today the American Growth, Recovery, Empowerment and Entrepreneurship Act. [...]

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15 to 1

It is unforgivable that House Republicans are not voting on Obama jobs bills, we are told, but that the fact that the Senate Democrats refuse to vote on 15 bills passed by the House is not even worthy of mention.  Even President Obama recognized that some of those ideas were good.  Why won’t Harry Reid [...]

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The Truth of the 9-9-9

Growth will be so great that you would have to hide under a bed not to get a job. World class economist Art Laffer gives his take. Watch the latest video at video.foxnews.com

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FIX WHAT’S WRONG: Restore CONFIDENCE Something’s wrong.  We all feel the disappointment.  The needed confidence isn’t there to spark job-creation by investors and employers.  Since more jobs are created by small business, we must restore small business confidence in particular.  Hopefully both liberals and conservatives would agree. But here’s the key:  To restore small business [...]

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President Obama finally admitted that the GOP has a jobs plan at the beginning of his latest bus tour.  Naturally, he panned the plan as letting Wall Street do whatever they wanted to take advantage of the current movement.  Previously, the President had been in denial that the GOP had a plan.  ”They have no [...]

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Sunpower Double Trouble

1.2 Billion to Congressman George Miller’s son’s client. The company is building its new factory in Mexico.

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Keystone Pipeline

The Obama administration’s jobs council gave tepid approval the vital Keystone pipeline which would create 20,000 jobs and give America a plentiful, safe, and stable North American oil supply.  America would be the main market for the Canadian Oil Sands output.  It sounds like just the type of success NAFTA was intended to achieve.   Set aside that [...]

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Global Economy Slowing

Hopes for renewed growth are strained as the global economy is following ours down. Europe’s debt crisis is taking them into recession according to analysts. Max Lucado wrote in his book No Wonder They Call Him Savior , “Anybody can preach a sermon on a mount surrounded by daisies, but only one with a gut [...]

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Sometimes you really don’t want  what you asked for.  All year people on the Hill asked for Presidential leadership on the deficit.  Now just before the Super Committee meets on one of the most important tasks facing the nation, President Obama spread Kerosene and lit the match.  It seems like the Miranda Lambert approach to [...]

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Panic Time

James Carville says Panic.  Fire people Mr. President.  I would start with Tim Geithner.  There is time to turn it around, but I think that window closes around February.

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Obamaville NJ ?

video platformvideo managementvideo solutionsvideo player

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Playing politics with jobs is the latest charge and the White House is guilty by their own bragging to reporters.  Yet it is they who are accusing not being accused.  Why would the White House brag about their “trap” to a reporter?  They obviously want to make Republicans mad so they do not do anything.   [...]

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Update: Only 2 hours left to submit your question so I am moving this to the top. I have accepted an invitation to participate in a Conference Call on the President’s jobs bill from the White House offered to random local officials.  I am of course honored. The question is in the unlikely event that [...]

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The Conservative Response

There may not have been a Republican response, but there is a conservative one. If you want evidence that he is right, you owe it to yourself to watch this video. If you think he is wrong, then you really owe it to yourself to look at this video. Ron Paul won the last debate. [...]

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If there is nothing controversial in this, why does he need 43 minutes to convince everyone?  He says everything is paid for.  We know that we need jobs.  Will his proposal do it?  What are your thoughts?  Be sure to visit the previous post if you have a question you would love the President to [...]

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The Moral High Ground

Jim Lacey of National Review has written a “must read” piece for conservatives entitled “The Moral High Ground: The Left’s “morally superior” policies kill millions and impoverish billions” I was going to summarize the piece and add a few thoughts of my own, but came to the conclusion his important piece should stand on its [...]

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Delaware’s civilian labor force dropped by a 1000 from May’s numbers and unemployment went up a tenth to 8.1% by the end of July.

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According to the Consumer Price Index – All Urban Consumers Original Data Value Series Id: It would take $225.92 to buy what $100 would buy in 1982.  That is an increase of $5 from the beginning of this year and $15 since the end of the Bush administration.  The dollar is slowly receding as we monetize [...]

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NLRB Union Stimulus Package

The government is once again getting in the way of employment.   Three rulings by the NLRB  were pushed through before the Saturday departure of one Democrat member.  It includes card check lite which overturned an existing precedent, mirco organizing in healthcare (allowing each job description area to be targeted within an organization instead of the [...]

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Coons Announces Jobs Plan

From Senator Coons: Today I’m rolling out my six-point plan to address America’s jobs crisis — and I hope you’ll endorse it. I spent much of August talking with Delaware’s business owners and working families about solving the crisis, and reading through ideas shared by supporters like you. These discussions have been enormously productive, and [...]

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The Bad News is Worse

You heard that the economy produced no net new jobs.  The fact is that 430k more people are working part time who want full time jobs so U-6 went up.  Government numbers for June and July were over stated and revised downward.  Manufacturing lost jobs.  Retail lost jobs.  Construction lost jobs.  Hours worked is barely [...]

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The Justice Department is trying to block the AT&T and T-Mobile merger, a move that could cost 50 to 90,000 well paying  jobs, taking the side of left wing consumer groups over the Communications Union, business, and even left wing economists.  If this is not an example of the over regulation problem, what is?

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Read this

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If the U.S. loses its AAA, then analysts have asked why not France and Britain? France is said by S&P to be in the danger zone. Britain was on that path just a year ago, but the new Conservative government has made tough reforms that even a American Tea Party faithful would love. It is [...]

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Markets Shaken

The global markets are shaken, but not panicked by the S&P downgrade.  The EU is trying to by up Italian and Spanish bonds to avoid a meltdown in Europe.  It is hard to believe some people still hold that. borrow, tax, and spend is the key to long term prosperity.

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I hate to agree with Red China, but our largest creditor warned us about this two years ago.  They are just plain correct though some parts of their solution are self  serving.  Obviously China would love international supervision of the dollar.  That is a nonstarter.  They are just salivating over defense cuts.  Some are inevitable, but  we [...]

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The U.S. credit rating of AAA, maintained since 1917 was downgraded Friday to AA+ by Standard & Poor over concerns that the Budget Bill didn’t go far enough to reduce deficits. The U.S. received the top rating from S&P in 1941. On April 18, S&P made public that the U.S. could lose it’s AAA credit [...]

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Good News–for now

The economy added 117,000 new jobs mostly in the private sector in July.  The bad news is that first time unemployment applications are still 400,000 a week.  We are simultaneously gaining and losing jobs which is keeping unemployment above 9%.  At least the numbers may ease fears of falling into another recession.  We just seem [...]

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