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    Morning Bell: The Senate's Secret Santa Agenda

    Today the Labor Department released its monthly jobs report, which showed that the U.S. economy added an anemic 39,000 jobs this month and that the nation’s unemployment rate rose to 9.8 percent. That marks the 19th month in a row that the unemployment has been over 9 percent, a post–World … More

    Obama's War on Gulf Drilling Sends American Jobs Overseas

    You’d think that an unemployment rate hovering near 10% would focus the White House’s mind on job creation, not destruction, but the Obama administration stayed true to form yesterday when Interior Secretary Ken Salazar visited the Gulf and told offshore drillers that the permits they need to put Americans back … More

    How Weak Was Friday's Jobs Report?

    Upside surprise: Employers add 151,000 jobs in October , the USA Today reported about the Bureau of Labor Statistics Friday. And it is true: the establishment survey of U.S. businesses did report that 151,000 jobs were created last month. But as The Heritage Foundation’s James Sherk and Rea Hederman note … More

    Reagan Recovery vs. Obama Recovery in Pictures

    According to The National Bureau of Economic Research, the most recent recession began in December 2007, lasted 18 months, and ended in June 2009. The recession which most closely resembles the most recent one began in July 1981, lasted 16 months, and ended in November 1982. No two recessions are … More

    Tax Hikes Are Not the Right Path to Reducing the Deficit

    Congress must soon reach a consensus on whether, and on whom, they will raise taxes in 2011. With the economy at the forefront of Americans’ concerns, the effects of raising taxes for any income bracket are a serious matter. Proponents of tax hikes argue that reducing the deficit through increasing … More

    Gulf Job-Losses Hocus-Pocus

    The Obama administration recently issued an inter-agency report on the employment effects of its deep-water drilling moratorium. The Administration finds employment effects that are roughly half of those from a variety of other estimates. However: If the Administration were consistent in its logic, its job-loss estimates would double or quadruple … More

    Unemployment Up, Crime Down

    Violent and property crime fell in America last year, the second full year of the current recession, according to new data from the FBI. Recently, the Associated Press ran a story on how criminologists are puzzled by declining crime rates during times of high unemployment.  Criminologists should not be surprised, … More

    Obama Opts for Politics Over Jobs, The Times Joins In

    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 … More

    While Unemployment Rises, 15 Minutes to Tee Time

    The latest jobs report showed the unemployment rate ticking up to 9.6 percent, putting the final nail in the coffin of recovery summer. The Obama Administration announced “Recovery Summer” last June to highlight the expected gains in jobs and economic strength resulting from Obama’s stimulus. Not. The economy is literally … More

    Government Strangles High-Tech Growth

    The CEO of Intel has joined the ranks of those labeling big government as the cause of our economic slump, not the solution. Paul Otellini says it already costs Intel an extra billion dollars to build a microchip plant in the U.S., rather than overseas.  In his illustration, it’s an … More