A new study by the Federal Reserve Bank of San Francisco found that high taxes are dragging down the economy, not sequestration or budget cuts as the Democrats would like you to believe. They say fiscal policy has had a…
I have nothing against wealthy people. Heck, who wouldn’t want to be wealthy some day? Isn’t that what we all work toward? But isn’t it ironic that the policies of the man who regularly demonized wealth are helping the rich…
It’s Thursday and you know what that means. The initial jobless claims number reported last week was adjusted upward, as is the norm these days, so the number “only” increased by 10,000 to 354,000. That’s still more than economists predicted.…
Here’s some non-so-cheerful news to start out your long Memorial Day weekend. No, it’s not the bitterly cold weather in the northeast. That we’re used to, at least a little bit. No, it’s the news that student loan delinquencies are…
Initial jobless claims spiked last week to 360,000. Even after the prior week’s upward revision it was a jump of 32,000 claims. It’s going to be kind of hard to put a positive spin on this. The number of Americans…
With all of the scandals going on it would be easy to forget how the disaster known as Obamacare is wrecking the economy. The projected cost is now double what was initially estimated. I know, what a surprise! But anyway,…
The number of initial jobless claims beat expectations again, coming in at 323,000. In this new normal economy this is considered good news. The number of Americans filing claims for jobless benefits unexpectedly dropped last week to the lowest level…
Initial jobless claims came in at 324,000, which is an considered great news in this new normal economy. Except that it’s not really all that great. Applications for unemployment insurance payments fell 18,000 to 324,000 in the week ended April…
Well, here’s some shocking news. Just kidding. This is just par for the course in the Obama economy. The gloomy news continued for jobs as ADP reported Wednesday that private companies created just 119,000 new positions in April. That was…
A new study of how President Obama has spent his time while in office is out and it’s about what you’d expect. He has spent more than twice as much time playing golf than he has on the economy. And…
The Obama economy limps along. Economic growth missed expectations in the last quarter, growing only 2.5%. The U.S. economy expanded in the first quarter but failed to gather as much steam as expected, raising concerns of another year of sluggish…
Obamacare is already wreaking havoc on the economy and causing employers to cut workers hours. Things will get even worse if the Gang of 8′s immigration bill passes. Employers will be discouraged from hiring Americans and encouraged to hire the…
I was just talking to a friend about North Dakota yesterday. We were discussing getting out of New York state and where we might go if we did. North Dakota was at the top our list, with good reason. The…
The Obama economy continues to limp along. Wall Street might be doing okay thanks to QEForever, but main street is still hurting. The latest news is that retail sales plunged last month. But the Democrats and their buddies in the…
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