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 …
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. …
We appreciate that folks at the White House are not having a good day. It started when a liberal commentator on their favorite network called the President a vulgarity, and it has not gotten better. The debt ceiling speech that liberal pundit Chris Matthews fantasized would turn the president into …
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 …
Economic freedom, enhanced by limited government, is critical to economic dynamism and job creation, as documented in the Index of Economic Freedom, an annual cross-country policy analysis by The Heritage Foundation. The individual economies of our 50 states are no exception to that. The strongly positive linkage between economic freedom …
