A new study by the Kaufman Foundation finds that small business entrepreneurs have led America out of its last seven post-World War II recessions. They also generate about two of every three new jobs during a recovery. The more the Obama Democrats reveal of their policies, the more it’s clear that they prize income...
Economy
Average length of unemployment highest since 1948. – WSJ.com
The Bureau of Labor Statistics preliminary estimate for job losses for June is 467,000, which means 7.2 million people have lost their jobs since the start of the recession. The cumulative job losses over the last six months have been greater than for any other half year period since World War II, including the...
Momentum builds toward possible end of this U.S. agency
I think I’m in favor of this. Any reduction in the secrecy and power of the Fed is a good thing. Just not sure if it will expose just how many amateur academics are sitting on that committee and tank the dollar even more in that light. I’m ashamed of them. Really poor decisions...
Black-White Gap in Jobless Rate Widens in New York City – NYTimes.com
Economists said they were not certain why so many more blacks were losing their jobs in New York, especially when a large share of the layoffs in the city have been in fields where they are not well represented, like finance and professional services. But in those sectors, the economists suggested that blacks may...
Billions in aid go to areas that backed Obama in ’08 – USATODAY.com
Disgusting. Counties that supported Obama last year have reaped twice as much money per person from the administration’s $787 billion economic stimulus package as those that voted for his Republican rival, Sen. John McCain, a USA TODAY analysis of government disclosure and accounting records shows. That money includes aid to repair military bases, improve...
YouTube – How The Democrats Caused The Financial Crisis: Starring Bill Clinton’s HUD Secretary Andrew Cuomo And Barack Obama; With Special Guest Appearances By Bill Clinton And Jimmy Carter
YouTube – How The Democrats Caused The Financial Crisis: Starring Bill Clinton’s HUD Secretary Andrew Cuomo And Barack Obama; With Special Guest Appearances By Bill Clinton And Jimmy Carter.
A Government Failure, Not a Market Failure – WSJ.com
This was a market failure, we are told, and the promise of capitalism has always been that the self-correcting mechanisms built into the system would preclude the possibility of a systemic market failure. But the housing bubble only burst after government subsidies pushed house prices up so fast that marginal buyers could no longer...
Morning Bell: The Left’s Assault on the Declaration of Independence » The Foundry
But denying the truth of America’s principles for the sake of “change” can make no claim to progress at all—a point made with unsurpassed clarity by Calvin Coolidge learn more here on the 150th anniversary of the Declaration of Independence in 1926: “If all men are created equal, that is final. If they are...
