Archive for the 'Measuring The Recovery' Category

May 07 2012

Unemployment Debacle Cannot Be Covered Up By Poor Statistics

One thing that always amazes me with the left is their idiotic drive to believe in a biased number over brutal reality.  Last week the monthly unemployment numbers came out and we are supposedly on a glide path to economic repair because the unemployment rate dropped to 8.1%. The fact is the 8.1% unemployment number [...]

3 responses so far

Mar 16 2012

The Demise Of Progressive Socialism

I think one of the deep nagging problems with this election cycle is how we are experiencing the demise of big-government intervention as we collectively realize there are no easy (or cheap) answers to be found in the mythical magic of government as our savior. Government has a role to play, but as been shown [...]

39 responses so far

Feb 17 2012

Incompetence-In-Chief

OK, the only thing I get out of this story (besides heart burn that my family is going $70K in debt simply because Obama is in office) is to wonder how incompetent you have to be to not control your spending, so you avoid looking to the entire world like you can’t control your spending: [...]

21 responses so far

Feb 03 2012

False Employment Hope

All you need to know about the latest unemployment numbers is here. It is the same dodgy data I have pointed to for almost a year (see here, here, here and here for example, note sometimes I forgot to update the month label on the charts, but the data is up to the last month). [...]

12 responses so far

Jan 08 2012

December Unemployment Number Bogus – True Unemployment 11.2%

I always marvel at people who think PR is more powerful than reality. The bureaucrats in DC are a prime example of this weird belief system. They put out dodgy unemployment numbers and expect everyone suffering from a poor job market to suddenly think everything is OK! It’s clearly magic wand time in DC again. [...]

10 responses so far

Jan 05 2012

Jobs Picture Is About To Get Worse

With the Christmas season now over, I expect to see the weekly jobs picture start to slide back into the danger zone as the holiday part time work load disappears. And we can see that already in this week’s job data (which data reports through 12/24/11): In the week ending December 24, the advance figure [...]

6 responses so far

Dec 12 2011

Is America Awakening To The Real Jobs Picture (11% Unemployment)?

I had to read this liberal’s epiphany and laugh a sad laugh: But today, the most important sentence isn’t a report on something that just happened, but a fresh look at something that’s been happening for the last three years. In particular, it’s this sentence by the Financial Times’ Ed Luce, who writes, “According to [...]

7 responses so far

Dec 02 2011

Actual Unemployment Closer To 11%

Update: Hot Air notes someone else did another calculation – 11% – end update One thing this recession has taught a lot of us is the fact that some federal statistics simply suck. Take the unemployment rate. People honestly think this is the number of people who want a job and don’t have one. But [...]

One response so far

Nov 17 2011

Law & Disorder: The Broken Window Theory

There is a theory about how a level of tolerance can creep into a neighborhood (or even a society) because people turn their backs on their little slice of paradise in America and then create a crime ridden, economically bankrupt mess. It is call The Broken Windows Theory: The theory states that monitoring and maintaining [...]

7 responses so far

Oct 19 2011

Senator Reid: Its Now Govies Versus Citizens

Harry Reid’s DC arrogance has now morphed into DC moronic: Senate Majority Leader Harry Reid (D-Nev.) on Wednesday said Congress needs to worry about government jobs more than private-sector jobs, and that this is why Senate Democrats are pushing a bill aimed at shoring up teachers and first-responders. Not sure where he gets his Kool-Aid, [...]

10 responses so far

Oct 12 2011

It’s Herman-Time!

It looks like not only is the GOP field of Presidential contenders settled, so too is the likely GOP nominee and next POTUS. Herman Cain continues to grow in strength because of what he is not – a cautious career politician. Last night I saw both the liberal media establishment AND the GOP political establishment [...]

21 responses so far

Oct 05 2011

Anyone But Barak Obama

A lot of people thought I may have jumped the gun in declaring President Obama a one term wonder after the debacle that was the debt limit debate, but it was not that hard a call. When the man who won on being the post-partisan hope for change failed for the umpteenth time to really [...]

15 responses so far

Oct 05 2011

Dumb Democrat Games In DC Will Infuriate Voters

I just keep marveling at how much deeper the Democrats and Liberal Left keep digging their hole with the American voters. First they screw up the mortgage market by lowering standards for loans, that in turn led to mountains of useless loan paper, which then collapsed the financial markets. This caused home values to tank, [...]

4 responses so far

Sep 28 2011

Big-Government’s Failures Bringing Dems And Obama Down

Competent: Having sufficient skill [1], knowledge [2], ability [3] or qualifications [4] The concept of being competent (versus incompetent) has been lost on career politicians and bureaucrats. To them competence is optional (or maybe even coincidental). All that matters is power – i.e., how many people do your bidding, how much money are you controlling [...]

4 responses so far

Sep 22 2011

No More Business As Usual

A ray of hope burst out from DC’s dark echo chamber yesterday as the House GOP put an end to the deficit/debt fiasco by opposing GOP House Leadership on a stop gap spending bill for GFY 2012: The House stunned Republican leaders Wednesday by rejecting a temporary spending bill that would have funded the government [...]

11 responses so far

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