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Category Archive for 'Jobs'

House Democrats are fighting the Deal between the administration and Republicans which shows it must be a good deal.   The CBO  predicts  7 FIGURE job loss if Democrats get their way and even Larry Summers says there is “a material risk the economy stalls”.  Democrats are determined to get us back to 10% U-3  unemployment.  [...]

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WASHINGTON, DC, 12/02/10 -  The National Association of Manufacturers (NAM) Executive Vice President Jay Timmons issued the following statement today on the Middle Class Tax Relief Act of 2010 (HR 4853): “Manufacturers oppose the Middle Class Tax Relief Act of 2010 because it would result in a tax increase for many manufacturers. The tax relief enacted in [...]

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Why Is Unemployment so High?

Economist Carmen Reinhart explains.

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Job Data Disappointing

Vice President Biden called the rising unemployment rate of 9.8% “disappointing”.  Do you think? With only 29% thinking we are on the right track and mid-40′s approval, a lot of people are disappointed with the entire direction of this government.  It is time for a course correction.

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This week the State of Delaware’s determined job killing fight finally lost in a ruling which turned down its baseless claim to block dredging in the Delaware River.  The question is why did the state of Delaware engage in such a prolonged effort to kill jobs in Wilmington and Philadelphia?  It was based upon eco-ignorance [...]

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Why is the Delaware Economy suffering?  Part of it is national, but part of it is because of poor local leadership.  Look at this economic scorecard.  Look how many legislators never vote for the economy including Senate Majority leader Patricia Blevins and House Speaker Robert Gilligan.  The only legislator that I saw with a greater [...]

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  MPG4 version Upstaters Downstaters, the message is the same. Glen is the man for jobs. He is a proven job creator who has the confidence of small business.

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By Don Ayotte  A  tough man for tough times. He believes that we need a change, and not the kind of change that the Obama Administration has given us, and not the change that comes out of your pocket. Van Houten is the conservative Republican Candidate for the 15th District Representative Seat, running against incumbent [...]

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We, the citizens of the United States of America, call upon those seeking to represent us in public office to sign the Contract from America and by doing so commit to support each of its agenda items and advocate on behalf of individual liberty, limited government, and economic freedom. Protect the Constitution Reject Cap & [...]

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THE EFFECTS OF THE OBAMA TAX PLAN Delaware President Obama’s tax plan would allow portions of the 2001 and 2003 tax cuts to expire, resulting in steep tax hikes beginning in January 2011 for small businesses and those earning $250,000 or more. The tax hikes would significantly affect the economy in Delaware, most notably in [...]

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Question for the week of 9/19

Democrats are debating letting the Bush tax cuts expire.  This is in spite of millions of jobs being created despite a huge natural disaster, two wars, and the attack on the financial system of 9/11. If deficits are the issue, why not let the Bush spending increases expire?  Spending increased 55% under President Bush.

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A  jobs’ bill should tax business and give bailout money to state governments. Thank you for assisting Senators Collins and Snowe.

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CASTLE INTRODUCES LEGISLATION TO ASSIST SMALL BUSINESSES Extends Small Business Tax Breaks; Reduces Burdens to Boost Lending Washington, D.C. — Today, Delaware Congressman and senior Member on the House Financial Services Committee, Mike Castle introduced the Small Business Assistance and Relief Act, to help small businesses succeed in the current economy by extending tax breaks [...]

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Economy on Stimulants

97% of all jobs created last month were government jobs. Add the fact most of those being temporary jobs and it roiled the markets. The economic recovery seems stalled. It seems like the economy is on stimulants but unable to get its own real footing. Hopefully that will change.

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17.1

The u-6 measure of unemployment which includes people who are not counted in the popular figure because they are not active or had to settle for part time work while looking for full time is 17.1%. The popularly quoted unemployment rate is up to 9.9%. I can hear the Democrat talking points. I condemn Republican [...]

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Why is growth so slow

The recession is over, Thank GOD. The problem is the recovery is anemic. A typical recovery has over 5% growth, we are not there. The real question is why not? First the good news. The economy grew at an estimated annualized 3.2% rate last quarter. The bad news is that was a drop from last [...]

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The Stimulus Did Little

The fact that job creation is behind the rest of the world should be a hint, but a survey of economists gives credence to the fact the stimulus was so poorly designed it did little good. We could have saved most of the money and had the same results or better. The Stimulus had some [...]

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Some Good News

Valero is selling its site. It is a significant victory for the Governor and economic development director Alan Levin. The closing will actually net 50 jobs if all goes as planned.

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9.2%  the real number, U-6 which is those who are harmed by the poor job market, is yet to be released, but it is over 15% by back of the envelope calculations. All charts are from the Bureau of Labor Statistics. <

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Networking Oportunity

AREA BUSINESS LEADERS TO GATHER MARCH 10 FOR FREE CAREER BUSINESS NETWORKING EVENT Top Executives and Area Business Owners to Offer Career Guidance and Job Search Counsel at Wilmington Riverfront WILMINGTON (March 1, 2009) – Some of the Wilmington area’s most successful business people from a broad range of industries and professions will participate in [...]

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Governor Markell and the Democrat Governors were pushing the bipartisan jobs bill and decrying the partisanship in Washington. Markell said to Foxnews, Republican lawmakers have effectively put Obama on his heels by blocking Democratic initiatives. “The challenge has been to get through the clutter of ‘No,”‘ he said. Interestingly, he ignored that Republicans did not block [...]

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17.3%

The real unemployment rate (U-6) edged up to 17.3%. The ruling regime seems out of ideas to deal with it.  Even worse, an AP study showed little effect on employment from the stimulus bill.  The CBO gives the most optimistic projection, but in an economy shedding hundreds of thousands of jobs a month, adding 600,000 would not [...]

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The Real Story

Just stopped looking–That is what over 600,000 unemployed did. That resulted in a fall in the unemployment rate which is most widely reported in spite of rising job losses.

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Is the recovery a media fiction

Many analysts think that it is.  The revision of the GDP means that almost all of the aneamic economic growth was the result of the discontinued cash for clunkers and the soon to be discontinued housing tax credit.  The only two items of the agenda to work and they are heading out the door.  Even our President warns [...]

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The Real Number

The real number driving down the Democrats is U-6. U-6 is 17.5%. What is U-6? It is the total unemployment rate. It is the true measure of those affected by the economic contraction. It is the number that is dragging down Democrat futures because it shows the breath of the discontent. Another number is the [...]

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Read the entire letter at DL. This is almost too easy. It seems more like a good riddance letter. The problem with these companies is that they want to make a profit according to our favorite Rep. Job Killer AKA John Kowalko. These guys are scared of their own breath (CO2). The RGG that is [...]

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Valero to close Del. refinery (good job Mr. VP, evil energy co. gets its just deserts)–The Democrat energy bill removed many refinery provisions. Philadelphia Inquirer ^ | 11/20/2009 | staff Valero Energy Corp., the largest U.S. refiner, announced today that it will permanently close its Delaware City, Del., plant because of losses brought on by [...]

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I believe this is the local interview of the week. The Dover Post had an interview with Mr. Levin about economic development.

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3 million jobs created well not yet

Would you believe a million? Would you believe 650,000? Would you believe 650,000 saved or made? Okay we admit that is” not 100 percent accurate” either said VP Maxwell Smart Biden. One example is the California San Joaquin Rail Commission reporting 500 new jobs then 250 then 125, and now 74 at a cost of [...]

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Credit to Whom

Congratulations are in order to all who helped bring Friske to Delaware including the Governor and his Economic Development Chief Alan Levin. Governor Markell did well.

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