Archive for the 'Measuring The Recovery' Category

Jan 09 2010

It’s The Unemployment Rate, Stupid

[Note: All graphs can be clicked to access a larger version] Of all the green-eye-shade economic statistics, nothing touches the mood of the electorate like the unemployment numbers. After 3 decades of generally improving economic conditions, which started with Ronald Reagan and his across the board tax cuts, many people have lost touch with the […]

20 responses so far

Jan 06 2010

Democrats Heading For The Exits, Stage Left

Update: 5 more democrats are in serious trouble, 11 months from the midterm elections: From Nevada, where Senate Majority Leader Harry Reid trails badly, to Arkansas, where Sen. Blanche Lincoln is polling at just 40 percent in head-to-head matchups with four possible Republican challengers, opposition to the health-care bill is reverberating. Any incumbent sitting at […]

7 responses so far

Dec 22 2009

Democrat Lemmings Head Over The Cliff

Boy, you really have to be a zealot to vote for something the public disapproves of by huge margins: As the Senate prepares to vote on health care reform, American voters “mostly disapprove” of the plan 53 – 36 percent and disapprove 56 – 38 percent of President Barack Obama’s handling of the health care […]

19 responses so far

Dec 21 2009

‘Tis The Week Before Christmas, And The Liberal Democrat Economy Sucks!

It’s very hard to be upbeat this Christmas, what with over 10 months of failed job stimulus behind us and the promise of another 10 months of the same ahead. Because of rampant liberal madness in DC we the American people now owe extra trillion dollars, with another trillion coming this next year. We the […]

22 responses so far

Dec 17 2009

Nation’s Number Of Unemployed Still Expanding

Don’t trust statistics unless you know exactly how they were generated and what the error or uncertainty is in the number. And always question a surprise positive jump in any number when it comes from an administration in desperate need of a surprise jump in that number. Take November’s lost jobs number – it seemed […]

5 responses so far

Dec 11 2009

Spending Christmas Unemployed

The November unemployment rate made a modest (and statistically insignificant) turn for the better with the claim that America only lost 11,000 jobs in November. That claim seems wildly suspect. It seems implausible that we went from losing 190,000 jobs in October to only 11,000 jobs lost in November Weekly first time jobless claims fell […]

7 responses so far

Dec 03 2009

Job Summit Will Not Address Fictional Jobs “Created or Saved”

As a corollary to my previous post I must note what will also not be addressed at the WH jobs summit today – all those fictional jobs ‘created or saved’: The Obama administration claims that its $787 billion economic stimulus program has “created or saved” 640,329 jobs across the country, with more to come. That breathtaking […]

2 responses so far

Dec 03 2009

Jobs Summit Day: 2.4 Million New People On Emergency Unemployment Compensation

The Obama administration is going to put on a show today for America. It is going to attempt to convince us that they are doing something about the abysmal jobs situation. It will be nothing but theatre and stage craft. Since the liberal stimulus bill was passed in February 2009, the Unemployment and Underemployment situation […]

3 responses so far

Nov 24 2009

Celebrating Thanksgiving And Christmas Underemployed

The fact Democrats are in deep political trouble this season should not be a surprise at all. And anyone denying they are in deep, deep trouble is deluding themselves. I knew back in March that the stimulus bill rushed through Congress would be an abysmal failure. I knew that the country would be seething by […]

One response so far

Nov 19 2009

Economy Still Shedding Jobs

We have sadly not hit bottom on the jobs situation. This week’s jobs numbers might seem to have some green shoots to the casual (math challenged) liberal news media reporter. But the news is indeed really bad. This week the first time jobless claims did not change – did not grow and did not shrink. […]

10 responses so far

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