Tag Archives: unemployment

David Brooks on the 47% video: Romney has “divided the nation into two groups: the makers and the moochers.”

At the New York Times, conservative David Brooks is scathing in his reading of Mitt Romney’s 47% video: Romney, who criticizes President Obama for dividing the nation, divided the nation into two groups: the makers and the moochers. […] [I]t suggests … Continue reading

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President Obama’s Perfect Storm and Rmoney’s Charmed Life

Half a million chronically unemployed Americans are scheduled to lose their unemployment benefits in August. That strikes me as a pretty shocking number for President Obama to be dealing with in the run-up to an election. Will these people simply … Continue reading

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A Bit of Perspective on Job Creation, and a Prediction

Here’s part of what Mark Gongloff and Bonnie Kavoussi, at the Huffington Post, have to say about the lackluster employment numbers that came out today (120,000 new jobs in March): The economy has created 1.2 million nonfarm payroll jobs in … Continue reading

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The Flintification of America

I recently watched Roger and Me—Micheal Moore’s late-1980s documentary on the economic decline of his hometown of Flint, Michigan—and what upended me is how prophetic the film is. If you want to see what’s happening to America today, have another looksie at Moore’s survey … Continue reading

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Debt-Ceiling Deal Watch: Obama Meep Meeps His Opposition

All the fire, brimstone, sackcloth, and ashes emanating from the American left and right surrounding the debt-ceiling deal misses the big story, which is the following: America’s course for the next decade is trending libertarian, and Obama is about to surf … Continue reading

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Great News

If you’re a Democrat hoping to hold off the Republicans from retaking one (or both) of the houses of Congress in 2010. This today at Politico: The nation’s gross domestic product grew at a seasonally adjusted rate of 3.5 percent for July through … Continue reading

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Bad News for Democrats

When the midterm elections hit in the Fall of 2010, it’s probably not likely that the unemployment picture will look all that much better than it does today (at least if a Wall Street Journal panel of economists’ forecasting is in … Continue reading

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The (Economic) Sermons on the Mount: In Davos, Switzerland, George Soros, Niall Ferguson, and Nouriel Roubini Pronounce Global Doom and Gloom

Daniel Gross, of Slate.com, spent three days at the Davos, Switzerland “World Economic Forum,” and among the high powered economists, CEOs, and academics in attendance he could find no optimists about the world economy. Not one. Nada. Zilch. And apparently many … Continue reading

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