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CEOs: Obama’s Policies Are Deterring Job Growth
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CEOs: Obama’s Policies Are Deterring Job Growth

The current economic downturn is far from over. For the past 14 consecutive months, the unemployment rate has remained above 9.5 percent. The new claims for unemployment insurance rose to a higher-than-expected 459,000 last week. 

10/18/2010
Unemployment Likely Increased to 9.7 Percent in September
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Unemployment Likely Increased to 9.7 Percent in September

On Friday, the Labor Department will release the last monthly jobs report before the midterm elections. Economists have already predicted that it won’t bring good news for the US economy. According to 62 economists surveyed by Bloomberg news, Unemployment climbed to 9.7 percent from 9.6 percent in August…The data may also show companies added 77,000 workers to payrolls, and total hiring stagnated.

10/05/2010
Los Angeles Government Creates Only 55 Jobs with $111 Million “Stimulus”
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Los Angeles Government Creates Only 55 Jobs with $111 Million “Stimulus”

The late Noble Prize winning economist Milton Friedman once stated:When a man spends his own money to buy something for himself, he is very careful about how much he spends and how he spends it…And when a man spends someone else's money on someone else, he doesn't care how much he spends or what he spends it on.

09/20/2010
White House Economist Adviser: “Recovery Summer” Wasn’t Actually About Jobs
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White House Economist Adviser: “Recovery Summer” Wasn’t Actually About Jobs

Remember back in June when the Obama administration promised the American people a “Recovery Summer?” Vice President Joe Biden assured us that “some time in the next couple of months we’re going to be creating between 250,000 jobs a month and 500,000 jobs a month.” To the contrary, the economy has lost 283,000 net jobs this summer

09/15/2010
Minority Leader Boehner’s Proposed Job Creation Plan
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Minority Leader Boehner’s Proposed Job Creation Plan

On Monday, President Obama took yet another swipe at those who oppose his government expansion policies: When it comes to just about everything we’ve done to strengthen our middle class, to rebuild our economy, almost every Republican in Congress says no…If I said the sky was blue, they say no. If I said fish live in the sea, they’d say no… Their slogan is ‘No we can’t.'

09/08/2010
Despite Obama’s Promise of “Recovery Summer”, 54,000 Jobs Lost in August
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Despite Obama’s Promise of “Recovery Summer”, 54,000 Jobs Lost in August

The American people were told by the Obama administration that this would be the “summer of recovery.” Joe Biden notoriously claimed that "you're going to see, come the spring, net increase in jobs every month." Thus far, the economy has lost a total of 283,000 jobs this summer alone.

09/03/2010
Actually Nancy Pelosi, Unemployment Benefits Do Not Create Net New Jobs
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Actually Nancy Pelosi, Unemployment Benefits Do Not Create Net New Jobs

Last month, Speaker of the House Nancy Pelosi claimed that unemployment benefits “creates jobs faster than almost any other initiative you can name.” PolitiZoid has created an animated video of Nancy Pelosi’s foolish speech on the “stimulus” of unemployment benefits:

08/25/2010
Boehner to Obama: Fire All Economic Advisers
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Boehner to Obama: Fire All Economic Advisers

Clearly, President Obama’s economic advisers’ policies have failed to produce any signs of economic recovery. A new report shows that 48 out of 50 states have lost jobs since the “stimulus” was enacted in February 2009. According to the report, government employment in Washington DC has increased while private sector jobs have stagnated across the country.

08/24/2010
Labor Department: 131,000 Jobs Lost in July
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Labor Department: 131,000 Jobs Lost in July

Today, the Labor Department’s monthly jobs report revealed that the unemployment rate remained unchanged at 9.5% for July. While the private sector added 71,000 jobs last month, not enough jobs were created to lower the unemployment rate. According to North Carolina State University economist Mike Walden, We’re not there yet...

08/06/2010
ADP Report: Slight Increase in Private Sector Jobs But 15 Million Still Unemployed
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ADP Report: Slight Increase in Private Sector Jobs But 15 Million Still Unemployed

Today, the monthly ADP National Employment Report was released indicating that an estimated 42,000 private sector jobs were gained in July.

08/04/2010

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