Still Shedding Jobs
The job news is not good — still : U.S. job losses resumed in December after revisions showed payrolls rose in November for the first time in nearly two years, the Labor Department estimated Friday....
View ArticleFlotsam and Jetsam
Harry Reid’s poll numbers in Nevada look awfully bad. His hometown paper reports: “More than half of Nevadans are unhappy with Sen. Harry Reid, according to a new poll commissioned by the Las Vegas...
View ArticleFlotsam and Jetsam
What does French President Nicolas Sarakozy really think of Obama? “Obama has been in power for a year, and he has already lost three special elections. Me, I have won two legislative elections and the...
View ArticleFlotsam and Jetsam
Uh oh: Eliot Spitzer is back in the political ring, “acting as an unofficial adviser to New York’s current governor, the hapless David Paterson, whose campaign for re-election is basically in the...
View ArticleAnd When Is the Pivot to Jobs Coming?
As we are looking for the hidden deals and minefields left in the wake of ObamaCare, it is worth remembering that unemployment – the issue voters care most about — remains at record levels. This report...
View ArticleObama to Young People: Drop Dead
Obama was the dream candidate for urban, young voters. He was cool. He was hip. He was sophisticated. He sneered at Middle America. All the hope-and-change stuff, the oceans rising (or parting?) made...
View ArticleFlotsam and Jetsam
It took too long, but the myth of Obama’s competence is crumbling: “The WH political shop leaves much to be desired. Take your pick as to which is worse: The fact that Pres. Obama’s team opened itself...
View ArticleFlotsam and Jetsam
But Obama said unemployment would remain under 8 percent if Congress passed the stimulus. “Federal Reserve Chairman Ben S. Bernanke said the U.S. recovery probably won’t quickly bring down the...
View ArticleStill Out to Lunch on the Economy
Rep. Joe Barton’s statement wasn’t the most damaging political comment of the day. After all, he’s not in the Republican leadership, and was forced to recant for rudely pointing out that once again...
View ArticleDemocrats’ Jobs Problem: Their Own
Peter Brown, assistant director for the Quinnipiac poll, tells us: Time may be running out for the Obama administration to convince voters that the economy is recovering quickly enough to merit giving...
View ArticlePublic Gets an “A” in Economics
As Pete pointed out, a large majority of Americans think the economy is getting worse. They aren’t simply being intransigent in refusing to buy the administration’s assurances that the recovery is in...
View ArticleBad News, Again
Another dollop of bad news on the economy: Applications for unemployment benefits in the U.S. unexpectedly increased last week to the highest level since November, showing companies are stepping up the...
View ArticleThis Is Why the Democrats Will Get Trounced
Politico reports on Obama’s comments following the jobs report: “We are confident that we are moving in the right direction, but we want to keep this recovery moving stronger and accelerate the job...
View ArticleThe Nail in the Dems’ Coffin
There is no way to spin this one: The economy shed 95,000 nonfarm jobs in September, the Labor Department reported Friday, with most of the decline the result of the layoffs by local governments and of...
View ArticleMore Evidence of a Weak Economy
The Department of Labor releases the unemployment figures tomorrow morning. But here is a noteworthy economic finding. Unemployment, as measured by Gallup without seasonal adjustment, increased to 9.1...
View ArticleDOL: Delay Layoffs Until After Election
I’ve written before about the potential for a “November surprise” if the sequestration threat doesn’t get resolved before the election. The automatic cuts to the defense budget are set to go into...
View ArticleObama Was Champion of WARN Act in ’07
Yesterday, I wrote about how President Obama’s Department of Labor issued guidelines for dealing with the job losses from sequestration. The guidelines told employers not to provide workers with 60...
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