President Obama’s defenders are taking to the airwaves to rebut the charge that his actions have caused the dire employment figure we see today. The rebuttals mirror those the President is making, and they sure don’t lack in audacity. Some of the president’s enablers, for example, continue to claim that …
Today’s Bureau of Labor Statistics jobs report revealed yet another month of disastrous economic data for the U.S. economy. Heritage’s Rea Hederman, Jr. and James Sherk write in a new report: [T]he June unemployment rate stands at 9.2 percent and that the economy created only 18,000 jobs last month. This is …
There’s no good way to spin the news that came out of today’s monthly U.S. jobs report. The economy generated only 18,000 total new jobs, the unemployment rate increased to 9.2 percent, and the number of unemployed Americans has gone up by 445,000. In other words, the recovery appears to have slowed markedly. …
The House Committee on Education and the Workforce holds a hearing today in response to the National Labor Relations Board’s recent proposal to dramatically alter union election procedures. “Rushing Union Elections: Protecting the Interests of Big Labor at the Expense of Workers’ Free Choice” begins at 10 a.m. Expect the …
The jobless rate in America hovers at 9.1 percent. The national debt ticks upwards of $14.3 trillion and small businesses collapse daily due to costly bureaucratic regulations. The President has failed to offer a viable plan that will put America’s economy back on a path to prosperity. It is in this …
Today’s Wall Street Journal has some bad news that most Americans are already painfully aware of. President Barack Obama’s recovery is plodding along at a snail’s pace: Two years ago, officials said, the worst recession since the Great Depression ended. The stumbling recovery has also proven to be the worst …
Want to know why the economy is still dragging along with stagnant growth and 9.1 percent unemployment? Travel back in time over the past 18 months and listen to what some Federal Reserve Bank presidents predicted would result from the Obama Administration’s public policy path. In short, they come to …