Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. Inmates collect unemployment – Part of growing fraud problem – M.D. Kittle, Watchdog.org UTT: Infrastructure ‘bank’ doomed to fail – Ronald D. Utt, The Washington Times Census Numbers: The Trend …
What’s wrong with this picture? Last night, President Obama told Congress that the nation desperately needs to spend more on infrastructure in order to create jobs and to get the economy moving again. But only last month, his regulators aggressively moved to thwart private-sector plans to invest tens of billions …
The latest unemployment numbers, released Friday, showed that the economy created a net 18,000 jobs in June, far below the roughly 150,000 needed to keep pace with new job market entrants. The unemployment rate ticked up to 9.2 percent. Since President Obama had not yet been asked directly about June’s …
Materials obtained in the U.S. SEAL raid that killed Osama bin Laden confirm what Heritage suspected all along: Al-Qaeda considered attacking tanker ships and other maritime energy infrastructure. Bin Laden expected to drive up the price of oil and intended to cause considerable damage to the U.S. and other oil-dependent …
Some in Washington seem to believe that the way our nation currently funds infrastructure projects is the only way. For example, Rep. Jack Kingston (R-GA) told Politico: Let’s look at transportation. How do you handle that without earmarks, since that’s a heavily earmarked bill? How do you handle a Corps …
Would you like a $14-billion taxpayer-funded tunnel in your town? How about a $500 million light rail train to nowhere? As state and local governments are under crushing budget constraints, mega-sized infrastructure boondoggles are cropping up all over the country. With the promise of “free money” from the federal government, …
Today’s New York Times editorial on President Obama’s Cleveland political diatribe-cum-economic speech got one point right — Obama “took too long to engage this debate.” The rest of the editorial was little more than an epilogue to Obama’s political speech. One can see why the Times would avoid talking about the economic …
Faced with predictions of staggering losses for his party in November’s midterm elections, President Barack Obama today appeared on ABC’s “Good Morning America” and said, “If the election is a referendum on ‘are people satisfied about the economy as it currently is,’ then we’re not going to do well, because …
CATO’s Chris Edwards writes: There is much talk of a second economic “stimulus” bill that would send tens of billions of added federal tax dollars to state governments for infrastructure. Senator Obama recently promised “to put two million more Americans to work, rebuilding our crumbling roads and schools and bridges.” …
