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  • 10% unemployment

    Top 10 Reads: July 21, 2011

    Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. Reining in the CFPB – Diane Katz The End of the Growth Consensus – John B. Taylor Obamacare No Prescription for Hiring – James Sherk The NAT GAS Subsidy – David … More

    Morning Bell: The Obama Economy Is Great...For Washington, D.C.

    Last week, Michigan’s Bureau of Labor Market Information announced that their state’s unemployment rate spiked in June, hitting 15.2%, the highest rate since mid-1983. Five other states, Rhode Island (12.4%), Oregon (12.2%), South Carolina (12.1%), Nevada (12%), and California (11.6%) all have either matched or surpassed their all time unemployment … More

    Morning Bell: Obamacare Is An Economy Killer

    Yesterday, the independent scorekeeper for Congressional spending proposals, the Congressional Budget Office (CBO), dropped a bombshell on Obamacare. The core of President Obama’s case for his health care plan has been his claim that it will “bend the curve” on rising health costs, thereby eventually lowering our nation’s exploding deficits. … More

    CBO: Obama Health Plan Will Weaken Economy

    The Washington Post reports: Instead of saving the federal government from fiscal catastrophe, the health reform measures being drafted by congressional Democrats would worsen an already bleak budget outlook, increasing deficit projections and driving the nation more deeply into debt, the director of the nonpartisan Congressional Budget Office said this … More