Posts Tagged ‘economy’
Citigroup to to 11,000 jobs, media blames hurricane Sandy in headline
If you’re up early in the morning and wonder what’s going to be big news in the United States in the morning, one suggestion is to check out the UK Guardian. This morning, they blamed a hurricane for Citigroups plan to lay off 11,000.
Read MoreThe Warning of David Stockman – video added
David Stockman a former U.S. Politician and Businessman served as Republican Representative from the state of Michigan (1977-1981). He then served as the Director of the Office of Management and Budget during the Ronald Reagan’s First Term in Office (1971-1985). As mentioned in Jim’s Show this morning, Mr. Stockman had some dire warning regarding the Economy.…
Read MoreObama, The Economy is Just fine…How about another stimulus! video added
President Obama held a press conference on friday, speaking of how the economy was doing. The president had this to say about Job Creation. “The truth of the matter is we’ve created 4.3 million jobs over the last 27 months, over 800,000 just this year alone. The private sector is doing fine.” Of course the Romney Campaign…
Read MoreGovernor Malloy are you sure Connecticut is open for business?
Northrop Grumman announced on Friday that it plans to close its manufacturing facility in Norwalk, Ct. The plant has been in operation under various owners since 1961. Grumman is in the process of consolidating its facilities located in Maryland and Illinois. There are currently 315 Workers at the Norwalk Plant, 50 of those employees will…
Read MoreGallons per hour: a new metric for the lousy Øbama economy?
It may seem simplistic, but wouldn’t measuring they buying power of your salary (or what’s left of it) in terms of gallons of fuel per hour make a certain amount of sense? Think about it: it will make the effects of increasing fuel prices something directly relevant to everyone except the minority of people that…
Read MoreUS production of crude oil, imports and exports – Actual Data
I’ve been meaning to reformat this data and post here for some time. It includes data from the U.S. Energy Information Administration (EIA), a government entity which collects data and produces nothing more than Excel spreadsheets (most likely). Lots of oil production data…
Read MoreDurable goods orders down 4% to start the year
Ed Morrissy at Hot Air always watches federal government statistics and economic reports, providing a good, easy to understand explanation. Today, the U.S. Census Bureau announced orders for manufactured durable goods in January declined 4 percent.
Read MoreWhy should we give the “keys to the car” back to Øbama in 2012?
Remember back in 2010, during a Democrat(ic) Congressional Campaign committee fundraising dinner during an ill-fated attempt to keep Pelosi’s death grip on the House, he said: After they drove the car into the ditch, made it as difficult as possible for us to pull it back, now they want to keys back. No! You can’t…
Read MoreIllegal aliens: Boon or bust to the U.S.?
A recent link by a contributor to the blog was made to the far left site, American Progress, about the cost that enforcing immigration laws, i.e. detaining and deporting illegals, is detrimental (“a disaster”) to local, state and national economies. To wit: American Progress makes ten arguments, each of which either references another left wing…
Read MoreØbama’s implementation of the “DREAM” Act
As SOS noted in an earlier post, Øbama has seen fit to unilaterally implement the so called “DREAM” Act through an executive order. It is glaringly obvious – dare I say transparent – that a very desperate Øbama, with poll numbers in the toilet and an administration full of so called “experts” ineffectively flailing at…
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