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Spain economists to unemployed youth: You may want to leave the country for awhile

By Steve McGough / May 3, 2012 /

There is nothing for you here, go find work elsewhere. I heard the other day that Spain is burdened with a 24 percent unemployment rate, and for youths – under 25  – the unemployment rate is 51 percent.

Jobs, not food stamps: The 60 Minutes report that drove the show UPDATE: Hot Air kudos to CBS

By Jim Vicevich / October 25, 2010 /

It really is worth watching because it outlines beautifully (umm, pardon the adjective) the problem facing 14 million Americans. Relying on food stamps, unemployment checks, and neighbor kindness to stay afloat in an economy that clearly is not recovering, merely treading water.

Economic stimulus…a far better idea

By SoundOffSister / July 8, 2010 /

Last week, Speaker of the House Nancy Pelosi (D. Ca.) told us, with a straight face, no less, that unemployment benefits create jobs.  Anyone who frequents this blog knows that her comments make absolutely no sense.  But, in a marvelous article in Thursday’s Wall Street Journal, Arthur Laffer explains not only why Ms. Pelosi’s statement is completely…

Good news unemployed workers … unemployment checks are as good as a job

By Jim Vicevich / July 2, 2010 /

This is really too much. From the woman who wants us to pass bills so we can find out what’s in them, and tells us all to quit our jobs and become violinists, comes unemployment checks are the fastest way to create jobs. Eeeeesh!

Unemployment rate drops as unemployed just plain give up

By Jim Vicevich / July 2, 2010 /

It really is depressing. The good news is unemployment drops to 9.5%, the bad news is, the job market lost another 125,000 jobs.

The reasons for America’s cynicism – Bush’s fault again, of course

By Jim Vicevich / March 26, 2010 /

I rarely point to other posts without at least trying to add an original thought. But this most recent post by AP at Hotair is so well thought through and so well sourced that I do not really need not care to add anything.

Washington is stopping job creation

By Jim Vicevich / December 13, 2009 /

As Ronald Reagan said, government isn’t the solution, it’s the problem. This little clip starts with Jim Cramer and ends with Alan Greespan both agreeing. Washington’s crazy socialist agenda of spend and control has business frozen in its tracks with no intention of hiring until absolutely necessary. Watch and learn you lefties. httpv://www.youtube.com/watch?v=HpRr-Zb6vBk Greenspan went…

15% unemployment

By Jim Vicevich / November 19, 2009 / Comments Off on 15% unemployment

Depressing. From yesterday’s Happy Hour, Cody Willard asks economist Peter Morici to gaze into the crystal ball and predict unemployment a year from now and how long before recovery. Depressing. http://www.youtube.com/watch?v=OgIdjvn_lmU

Economic Roundup … and the news ain’t good.

By Jim Vicevich / September 27, 2009 / Comments Off on Economic Roundup … and the news ain’t good.

I know, I know … the recession is over. But somehow statistical confirmation is outweighed by friends and family who still can’t find jobs, and 9.7% unemployment (new figures come out this week ) is hardly reassuring. I can assure you Wall Street is worried. Predicting economic direction is tricky business .. especially now. I…

Obama on jobs – ‘saved or created’ the new double-speak

By Steve McGough / June 9, 2009 /

The Executive Branch has gotten quite fond of saying their policies have “saved or created” x-number of jobs. Can someone tell me why the media is allowing this to happen? The numbers are pure fiction and the main stream media who’s mostly in love with President Obama is happy to report the data. It’s kind…