Why the Jobs Situation Is Worse Than It Looks A very, very compelling, gut-wrenching piece. =============== The Great Recession has now earned the dubious right of being compared to the Great Depression. In the face of the most stimulative fiscal and monetary policies in our history, we have experienced the loss of over 7 million jobs, wiping out every job gained since the... Read more
Archive for the ‘Economics’ Category
Why the Jobs Situation Is Worse Than It Looks
June 27 | Posted by mrossol | Economics, Obama, Party PoliticsThe Accountable Care Fiasco
June 26 | Posted by mrossol | Economics, ObamaCareReview & Outlook: The Accountable Care Fiasco – WSJ.com. I haven’t posted on ObamaCare lately, so here you are. ===== The Obama Administration is handing out waivers far and wide for its health-care bill, but behind the scenes the bureaucracy is grinding ahead writing new regulations. The latest example is the rule for Accountable Care Organizations that are supposed to... Read more
The Food-Stamp Crime Wave
June 26 | Posted by mrossol | American Thought, Economics, Obama, Party PoliticsJames Bovard: The Food-Stamp Crime Wave – WSJ.com. … The Obama administration is far more enthusiastic about boosting food-stamp enrollment than about preventing fraud. Thanks in part to vigorous federally funded campaigns by nonprofit groups, the government’s AmericaCorps service program, and other organizations urging people to accept government handouts, the number of food-stamp recipients has soared to... Read more
White House Oil Price Epiphany
June 26 | Posted by mrossol | Economics, ObamaReview & Outlook: White House Oil Price Epiphany – WSJ.com. It wasn’t long ago that the Obama Administration was trying to drive up the price of fossil fuels to reduce carbon emissions, promote “green jobs” and save the planet from global warming. Gasoline at $3.50 or $4 a gallon has ended that. And yesterday the White House went... Read more
Don’t play politics with debt limit
June 15 | Posted by mrossol | Economics, US DebtBernanke: Don’t play politics with debt limit – MarketWatch. The FED isn’t the cause of all US problems, but Bernanke is not doing near what he might to help.
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