Posts Tagged ‘unemployment’

Feds Enforce Poverty, Impose Double Standards


Thursday August 30th, 2012   •   Posted by Lloyd Billingsley at 4:35pm PDT   •   2 Comments

National unemployment is more than 8 percent and 10.7 percent in California. In these conditions many baby boomers, especially those whose unemployment benefits have run out, have opted to take Social Security at age 62. They may find themselves facing federally enforced poverty. The Social Security monthly payout at 62 is substantially less than…
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$10 Billion in “Green” Corporate Welfare: Less Jobs and More Bankruptcies


Saturday February 25th, 2012   •   Posted by David Theroux at 7:22pm PST   •   3 Comments

In “Cost of $10 Billion Stimulus Easier to Tally Than New Jobs” in the Wall Street Journal, Ianthe Jeanne Dugan and Justin Scheck report that the mega-billions in corporate-welfare subsidies to solar, wind, geothermal and other “green” businesses (under section 1603 of the American Recovery and Reinvestment Act of 2009) have resulted in far…
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A Page from the Book of Zug


Monday August 29th, 2011   •   Posted by Emily Skarbek at 11:51am PDT   •   1 Comment

Imagine a place called Zug where luxury shops abound, government pays its bills, and there are so many jobs that employers sometimes have a hard time finding people to fill them. Imaginary, you say? Zug is not a figment of my imagination. Zug exists. And it is just as prosperous as you can imagine!…
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Quality of Life Is Far Higher in Countries with Greater Economic Freedom


Friday July 1st, 2011   •   Posted by David Theroux at 6:09pm PDT   •   0 Comments

Here is an excellent new video on the relationship between economic freedom and economic and social well-being. The freer a country is, the higher the quality of life and more happiness, including less poverty, more prosperity, longer life spans, cleaner environment, less corruption, lower child mortality, more civil liberties, and less unemployment. Freer countries…
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Obama “Economic Stimulus” Cost Lurches Higher Again


Wednesday May 25th, 2011   •   Posted by David Theroux at 4:43pm PDT   •   0 Comments

In “Stimulus price tag once again lurches higher,” Stephen Dinan reports in the Washington Times that according to the Congressional Budget Office, the cost of Obama’s “economic stimulus” package (American Recovery and Reinvestment Act of 2009 or ARRA) has now risen by another $40 billion. Congress’s chief scorekeeper said Wednesday that the price tag…
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Is America Now More a Nation of Takers than Makers?


Friday April 1st, 2011   •   Posted by David Theroux at 2:11pm PDT   •   4 Comments

In a new article for the Wall Street Journal, “We’ve Become a Nation of Takers, Not Makers,” Stephen Moore discusses that “More Americans work for the government than in manufacturing, farming, fishing, forestry, mining and utilities combined.” If you want to understand better why so many states—from New York to Wisconsin to California—are teetering…
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Key California State Workers Receive Half-Million Dollar Payments for Sick Days


Sunday March 20th, 2011   •   Posted by David Theroux at 3:10pm PDT   •   0 Comments

In “State workers’ unused paid time means big payouts,” Marisa Lagos reports in the San Francisco Chronicle that while California has been facing a financial crisis with record deficits and high unemployment, many state government employees are receiving half-million dollar payments for amassed sick days upon leaving or retirement: One public employee received a…
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The U.S. as Welfare State: Government Entitlements Now 35% of Wages


Monday March 14th, 2011   •   Posted by David Theroux at 9:34pm PDT   •   6 Comments

In “Is the U.S. Becoming a Welfare State?”, Daniel Indiviglio reports in The Atlantic that U.S. government entitlement programs now account for a whopping 35% of wages, up from 26% in 2008. Uncle Sam has been aggressively increasing Americans’ allowance recently. Government entitlement programs have grown to account for 35% of wages, according to…
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CBO: Jobs from Federal Government “Stimulus” Cost on Average $228,055 Each


Saturday February 26th, 2011   •   Posted by David Theroux at 5:15pm PST   •   2 Comments

Matt Cover at CNSNews.com writes that the Congressional Budget Office (CBO) has just issued a new report, “Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output from October 2010 Through December 2010,” that indicates that: The jobs created and saved by the economic stimulus law that President Barack Obama…
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Robert Higgs: Government-caused Uncertainty Continues to Depress Jobs


Saturday January 29th, 2011   •   Posted by David Theroux at 11:49am PST   •   1 Comment

In his recent article in Investor’s Business Daily, “Uncertainty Continues To Depress Jobs,” Robert Higgs (Senior Fellow, The Independent Institute) discusses how the U.S. government’s interventionist and spending policies are prolonging high unemployment by creating a climate of massive economic uncertainty: President Obama, in his State of the Union address, promised to focus on…
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