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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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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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Top 10 Reasons U.S. Losing Focus on Jobs

U.S. payrolls plummeted by 260,000 in September as the unemployment rate inched upward to 9.8 percent, the highest level since 1983. State and local governments are reeling, and businesses small and large are posting losses.
“Where are the jobs?” is a rightful refrain Republicans like Rep. Mike Pence have been repeating for months now, and the [...]

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Unemployment Towers Near Ten Percent

According to the Bureau of Labor Statistics, the nation’s jobless rate jumped to 9.7 percent — a 26-year high. And although experts scoured the data for positive signs, all Standard & Poor’s economists could muster was that reports were “close to expectations.”
In this graph, we see the actual jobless rate plotted alongside the predictions made [...]

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Two Must-See Videos: Rep. Mike Pence asks “Where are the Jobs?”

Today, Congressman Mike Pence gave the following speech from the floor of the U.S. House of Representatives, touching on subjects of the economy, PAYGO, health care reform and fiscal discipline.