DelawarePolitics.net

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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Has America been sold out by an agreement by Democrats and Republicans’ inability to do the right thing. Democrats stalled and brought no bill to the floor and Republicans fought tooth and nail to stop spending, while not raising the debt ceiling. It would seem to this American taxpayer that America has been sold a [...]

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Should the U.S. government, which has amassed a staggering debt of $14.5 trillion (about $4 trillion of that since President Obama took office), increase its debt limit? The question ought to be rhetorical; $47,000 per citizen is quite enough, thank you. Polls indicate that many voters don’t fully understand the ongoing debt ceiling debate, but even [...]

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Jim Van Houten, a former Allstate Insurance Agent/Owner has formed an exploratory committee to run for the position of Delaware’s Insurance Commissioner. Van Houten, a 2010 conservative Republican candidate for the 15th Representative District seat against longtime incumbent, Valerie Longhurst(D), has earned an MBA from Wilmington University, and has also worked for Bravo Health, a [...]

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According to this Newsmax article There is a possibility that South California could become the 51st state of the union but according to some California officials, it will never happen: “Fed up with California’s out-of-control spending and left-leaning policies, one local politician is proposing that 13 mostly conservative counties break away to form the new [...]

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Please listen to this Rich Collins WGMD Podcast.  It contains vital information.

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It is becoming painfully clear to even the Ms-NBC crew that President Obama has no economic strategy and has not even fielded a full economic team.  The next logical question is what do Republicans have in mind.  It seems they have a three part strategy.  Cut spending, no tax increases, and play chicken with debt ceiling.  Does [...]

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Read this National Journal Article. With Tim Geithner hinting at leaving the administration, it raises a question– where is the economic team? Two vacancies on the Fed, multiple vacancies in Treasury, quoting the MSNBC link there are also vacancies in “Office of the Comptroller of the Currency, Federal Housing Finance Agency, Consumer Financial Protection Bureau, [...]

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The Federal Reserve cut its economic growth projections for the year, sadly, I think 2.5% is still too optimistic.  They also cut their estimates on the decline in unemployment.  It will be close to 9% all year. Discussion

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Former Fed Chairman Alan Greenspan who led 20 years of economic growth with only minor bubble clearing downturns, endorsed the Ryan budget. If you read some headlines this week, you would think that he endorsed raising taxes on the rich back to Clinton levels. The fact is that he said he would support that only [...]

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May 6th, 2011, Fairfax, VA—Americans for Limited Government President Bill Wilson today issued the following statement on the increase in measured unemployment from 8.8 percent to 9 percent by the Bureau of Labor Statistics: “The bad economic news just keeps rolling in.  With unemployment once again rising, this time to 9 percent, it is clear that the [...]

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Today, I had the pleasure of attending the 2nd of the three part economic strategy being unveiled by the Governor. The Governor was in my district for the announcement so I attended. He focused on manufacturing and financial services. The plan was something that I agree with in principle. Rolling back the gross receipts tax [...]

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WILMINGTON –Governor Jack Markell today detailed the first part of a new three-part jobs plan called “Building Delaware’s Future Now.” To maintain fiscal discipline while investing in economic growth, the plan proposes responsible investments of new state revenues to addresses Delaware’s most important needs: creating jobs and expanding economic opportunity. “Our top priority remains getting [...]

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Congress will raise the debt ceiling soon because it has to. That decision was made whether they admit it or not when they did not make larger cuts in the continuing resolution to keep the government going. You cannot go cold turkey anyway. This will mess took 80 years to get into and will take [...]

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We need government.  The question is how much.  Recent statistics said that more Americans now work for government than manufacturing, mining, utilities, farming, fishing, and forestry combined.    Now if you are expecting another conservative rant on how we need to reduce government, this is not it.  Here is a good one for your fix.  My concern [...]

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 RE: Where are the Green Jobs?  repost from CRI    DATE:  3/16/11                Green jobs will make the economy grow, or so the often repeated mantra goes.  Actually there are fewer green jobs in Delaware now than in 2003 (750 in 2003, 650 in 20111) and significant job growth appears to be unlikely.  Furthermore, [...]

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During my morning devotions I happened to read The Song of Solomon chapter 6 and verse 11 speaks of the Garden of Nuts.  For some reason, my mind went to the U. S. Senate.   Could it be because the U. S. Senate has yet to pass a budget or even a permanent funding resolution (CR) [...]

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I believe that we are in an exciting era globally.  Whether in Egypt or Delaware, the individual is becoming more intent on controlling his or her life.  We are no longer in the era of big government, big business, big labor, and big religion. We are in the era of individual sovereignty. It is evidenced by [...]

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Business not government.  Half of Democrats don’t get it, unfortunately they are the half that run the party. President Obama argued strongly in his State of the Union speech last night for a bipartisan effort to create jobs, but most Americans think the best thing government can do is get out of the way. A [...]

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Governor Announces Agreement With Chinese Investment Agency Delaware and Ministry of Commerce to Cooperate to Attract Chinese Investors Delaware Governor Jack Markell today announced an agreement with the Chinese Ministry of Commerce’s Investment Promotion Agency to work together to bring Chinese investors to Delaware. In follow up to his November visit to China, Governor Markell [...]

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ALG on Moody’s Warning of Credit Downgrade: “It can happen here”   December 14th, 2010, Fairfax, VA—Americans for Limited Government (ALG) President Bill Wilson today issued the following statement on the possible downgrade of the U.S. Aaa credit rating by Moody’s:   “Because the tax deal now under consideration does not include drastic spending reductions, [...]

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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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Democratic opposition to the compromise tax and spending plan with Republicans illustrates that his greatest obstacle has been Democrats.  Once again the greatest obstacle to common sense and collegiality comes from the left. President Obama actually had a little stimulus in his stimulus bill, but Nancy Pelosi stripped most of it for more spending programs.  The President [...]

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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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Economist Carmen Reinhart explains.

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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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The real agenda of the global warming crowd is not in your interest. At the Climate Change Conference in Cancun, one of the advocates called for a no growth rationing scheme for the developed world.  He called for electric rationing and making it too expensive to drive the family car.  It sounds a lot like [...]

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Putting aside international talk of a currency war, Federal Reserve Chairman Ben Bernanke assured Americans and the world that the bond purchase is just monetary stimulus.  He promises the fed will not let inflation go much beyond a 2% target.  Trust me, he says.  We conceal everything important, but trust us.  I don’t see much [...]

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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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Update: Sussex Council is off until November 30. A RESOLUTION EXPRESSING SUSSEX COUNTY COUNCIL’S CONCERN THAT A PROPOSED INCREASE IN THE FEDERAL FUEL TAX WOULD BE HARMFUL TO THE CITIZENS OF SUSSEX COUNTY, DELAWARE, AND THE COUNTY’S OVERALL ECONOMIC HEALTH   WHEREAS, there is a proposal to increase by 25 cents the federal fuel tax, [...]

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