The Department of Labor announced today the economy shed another 190 thousand jobs in October, pushing the unemployment rate to 10.2 percent and the running Obama jobs deficit to 5.7 million. Earlier in the week the Obama Administration released figures purporting to show the Obama stimulus had saved or created …
Today the Bureau of Labor and Statistics reported that despite all of the Obama administration’s job creation claims, unemployment has risen to 10.2%. Instead of focusing on job creation, the left in Congress continues to pursue other priorities like their $1.5 trillion health care plan which is partially finance by …
Last week the Obama administration issued a report purporting to show that the President’s $787 billion economic stimulus plan had saved or created exactly 640,329 jobs. Such a precise number for such a fuzzy concept as jobs “saved or created” immediately raised doubts about the veracity of the report in …
On November 9th, the U.S. Supreme Court will hear oral arguments challenging the constitutionality of juvenile life without parole (JLWOP) sentences. In preparation for oral arguments, JLWOP: Faces & Cases will be an on-going series on The Foundry that will tell real stories about juvenile offenders who are currently serving …
Confusing times lead to conflicting concerns. Worries over current deflation run into worries about explosive inflation down the road and now there are growing worries over another global asset price bubble. All of these worries are valid, but the possible return of the asset price bubble is the newest and …
The key to this chart is the second graph showing the spending “cuts” in the H.R. 3962. Nobody in world believes those cuts will happen. Which is why the true cost of the House health Bill is $1.5 trillion.
