The Obama administration has received a lot of criticism for the promise to save or create X amount of jobs. Since putting the stimulus in place, the Obama administration has put forth several claims of the number of saved jobs thanks to the stimulus. Most economists take issue with the term “saved jobs”...
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We reported earlier in the year that the stimulus bill isn’t helping the employment picture. When the Obama administration was pushing for the bill, they said that doing nothing would push unemployment over 8%. On Friday, the labor department reported that unemployment rose to a 26 year high of 9.7 percent. Hotair.com has a...
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The Office of Budget Management projected that the 2009 budget deficit would be $262 billion less than originally expected at only $1.58 trillion. However, the estimate for the 10 year deficit rose to $9 trillion. Today it was reported that the Obama administration blames the 10 year deficit on the current crisis and the...
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In his weekly radio address, President Obama touted the vast success of the stimulus package and that it is working exactly as intended. This seems somewhat contrary to the pitch we received earlier this year. Earlier this year, the President said that we had to pass the stimulus NOW or else the economy would...
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Several interesting things happened this week in the world of politics. Here are some of the stories that you want to make sure you didn’t miss: Krugman Blames Conservatives for Murders - Paul Krugman explains why conservatives are responsible for several recent murders. He doesn’t seem to blame himself of the left for other recent events, but...
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