The Hill writes today, “President Obama on Tuesday dismissed the notion that he doesn’t fully grasp the scale of economic anxiety in the U.S., calling the idea that he was calm about joblessness ‘nonsense.’ The president rejected the suggestion that Americans think he should be angrier about the poor state of the economy, and strongly […]

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We were always skeptical of the president’s and congressional liberals green jobs initiative. Anyone who has taken a freshman economics class at the local junior college understands that free markets creates jobs and industries, not the government. Newt Gingrich had it about right at last might’s debate when he said “the country didn’t need a […]

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On Thursday, the long string of gloomy economic stories continued as the AP reported, “Falling real estate prices are eating away at home equity. The percentage of their homes that Americans own is near its lowest point since World War II, the Federal Reserve said Thursday. The average homeowner now has 38 percent equity, down […]

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Obama: Driving America Over the Cliff? There have been many recent indications of how much the U.S. economy is struggling, yet President Obama and the American public seem to be on different pages as to how troubled the economy is. CNNMoney listed some of the problems highlighted in recent days: “On Friday, a government jobs […]

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On the heels of a May jobs report showing “anemic” growth and higher unemployment, Gallup writes today, “[H]iring remains seven to eight points below early 2008. That is, current job creation has not returned to its levels of nearly 3 ½ years ago, when the recession got underway. On an absolute basis, job creation in […]

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ABC News reported on Friday, “Unemployment ticked up in May to 9.1 percent as private employers added 54,000 jobs, far fewer than economists were expecting, capping a week of gloomy economic news. The Bureau of Labor Statistics announced the May unemployment figures [Friday] morning, and few were pleased given the string of negative economic reports. […]

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Although the 38,000 jobs reported earlier this week by payroll firm ADP will probably be the revised number, the Labor Department reported today that an anemic 54,000 jobs were created in May. The bad numbers raised the unemployment rate to it’s artificial low of 9.1%Related: Rasmussen Reports: 31% Expect Unemployment Rate To Be Even Higher […]

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Last week, Democrats made it clear to Americans that they are failing to address the nation’s fiscal crisis. After Democrats spent weeks demagoguing House Budget Committee Chairman Paul Ryan’s budget, they voted against every single budget proposal in the Senate this week, and many in the press pointed out that Democrats have offered no solutions […]

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 Yesterday, the Senate voted on four different budget proposals, but Senate Democrats made clear they’re doubling down on their strategy to do absolutely nothing about the fiscal crisis our country faces. Democrats spent weeks pushing for a Senate vote on the House-passed budget from House Budget Committee Chairman Paul Ryan (R-WI), which proposed steps to […]

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  Another key Senate Democrat has thrown cold water on Democrat leaders’ plans to raise taxes on American energy producers. According to The Hill, “Senate Energy and Natural Resources Committee Chairman Jeff Bingaman (D-N.M.) predicted Friday that a Democratic plan to strip billions of dollars in tax breaks for the largest oil companies will fail […]

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