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Stimulus … Throw it from helicopters

By Jim Vicevich / June 9, 2009 / Comments Off on Stimulus … Throw it from helicopters

Why not … Jonas Max Ferris  on “Cashin In” may have found the best way to distribute the cash. At least we could pick it up and spend it … maybe even stimulate some businesses. The consensus of this panel; the stimulus ain’t stimulating. These panel members all run investment funds and they are all…

Unemployment estimates – with and without recovery plan Update: Video

By Steve McGough / May 11, 2009 /

This is the kind of research the main stream media does not seem able to do. Let’s say I told you we needed to spend $1 million dollars to keep unemployment from rising 2 percent next month. You agreed, we spent the $1 million, but unemployment still went up 2 percent. What would your reaction…

Take A Pay Cut … Save A Job

By Jim Vicevich / January 10, 2009 /

Governor Rell has told Connecticut Prison Guards  the state can’t afford the pay raise the state has agreed to pay them and wants them to pass on it. It’s not likely to happen. Legislators say it’s unlikely to happen this year because Democrats, who traditionally support state-employee unions, hold two-thirds of the seats in the…

The $15 per hour minimum wage experiment comes to SeaTac

By Steve McGough / November 6, 2013 /

Let’s see how this goes during the next two to three years shall we? It’s not a done deal, but SeaTac Proposition 1 looks like it will pass, requiring businesses to pay hospitality and transportation workers a minimum wage of $15 per hour. The previous minimum wage was $9.19, but I’m not sure what the average pay…

Percentage of part-time workers looking for full-time work back at 2 year high

By Steve McGough / March 7, 2013 /

From Gallup’s recent update we learn their measure of part-time workers who would prefer to have a full-time job is back up to 10.1 percent, which is back to the two-year high.

5,552 people become statistically invisible in Connecticut

By Steve McGough / December 20, 2011 /

We’ve got mail. Most people probably do not realize how state and federal unemployment figures are put together. Of course, we need to compare apples to apples when looking at historical figures, but when you’re unemployed and politicians are claiming things are getting better, it can be a hard pill to swallow.

More bad news about Obamacare

By SoundOffSister / October 20, 2011 /

Jim and I discussed this on the show this morning and we thought you might like to read the full article.  A recent study by James Sherk of the Herritage Foundation has disclosed that Obamacare will cause unemployment and underemployment of low wage, low skill workers to rise.

Minimum wage not working so well for minority youths

By Steve McGough / May 10, 2011 /

The American people are being sold a bill of goods – lied to – concerning the effects of a minimum wage. Federal and state minimum wage mandates do nothing to help provide a “living wage” nor does it do anything to improve the overall employment picture. Walter E. Williams’ column today discusses how this government…

In United States, 17% work for the government

By Steve McGough / August 6, 2010 /

From a new Gallup poll, we find that 1.7 of 10 American workers work for the government. That figure includes all local, state and federal workers, but unfortunately the survey does not break down the job function (military,teachers, fire, police…).

What the financial press is saying about the “growing” economy

By Jim Vicevich / June 5, 2010 /

Just a quick post to show you what the financial press is saying about yesterday’s job numbers. First from Bloomberg … what the Fed  is saying: