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Archives for January 2010

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Jobs: A Teachable Moment in Mediocrity

December’s unemployment report shows the jobless rate hovering at 10 percent, which fails to reflect the number of working class citizens who have given up entirely on the job hunt.
Our government has spent only 40 percent of the federal stimulus Christmas gift — a gift from the taxpayers to the taxpayers is nothing but a [...]

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The President’s Last Resort for Jobs

Desperate for some good news on the jobs front, Pres. Obama acquiesced to business-minded scholars and acknowledged that it is the private sector that must take the lead in job creation.
He stopped just short of admitting that government meddling in free markets is what keeps the economy languishing.
At the recent White House Jobs Summit, Pres. [...]

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New Obama Stimulus on the Way?

Ever wondered why there are so many TV commercials for buying and selling gold? If you haven’t heard, world governments are ditching the U.S. dollar and buying gold. Entrepreneurs are acting on suckers unwitting consumers willing to part with their gold for last year’s prices.
Let’s look at the precious metals markets — the only enduring [...]

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Job Loss Mounts as Obama Prescribes Home Remedy

The official jobless rate now stands at 10.2 percent as the nation lost 190,000 non-farm jobs last month. Almost 16 million Americans are now jobless. If you count those who dropped from full-time to part-time and those who simply gave up looking for work, the rate escalates to 17.5 percent.
Meanwhile, the Obama administration signs an [...]

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Job Cuts or Tax Hikes? Council Decides

Garnering little attention is a meeting of the County Council on Thursday to discuss its own budget shortfall. The County Council will meet Oct. 8 at 5 p.m. in Council Chambers at the Madison County Government Center, Room 110.
An Oct. 6 story in the Herald Bulletin revealed Democrat councilmen reluctant to touch that “third rail” [...]