President Obama headed overseas to collect his Nobel Peace Prize and make his pitch for collective action on climate change. Of course, if our president commits us to any binding agreement to reduce greenhouse gases, our jobs will be heading overseas too. The Senate’s 1997 Byrd-Hagel Resolution warned not to …
When President Barack Obama was trying to sell his $787 billion economic stimulus plan to the American people, there was no louder cheerleader for the plan than Mark Zandi of Moody’s Economy.com. Zandi confidently produced scientific tables purporting to prove that for every $1 the Obama administration gave to states, …
The budget shortfalls, plunging revenue, and economic woes plaguing near-broke California could foretell the future of other cash-strapped states. A new study by The Pew Center on the States found that the economic pressures that pushed California to the brink of a total economic meltdown are also found in nine …
When President Obama touches down in Pittsburgh for the G-20 Summit he has a chance to lead on trade policies that will level the playing field for American workers and small businesses. Trade is critical to U.S. economic growth and vital to global economic development. Trade – especially exports – …
Today, the Department of Labor reported that 570,000 Americans filed initial claims for jobless benefits last week. This follows news from ADP Employer Services on Wednesday that private employers cut 298,000 jobs last month. As bad as these numbers sound (and they are bad) the real threat facing our nation’s …
Last Friday, the Bureau of Labor Statistics released its monthly job report showing that the economy lost 345,000 jobs in May. This brings the total number of jobs lost in the first full three months since the economic stimulus package was passed to 1.5 million jobs. Countering these inconvenient truths, …
