Keyword: economicrecovery

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  • What States are the Biggest Job Winners and Losers in the Recovery?

    08/18/2014 6:36:36 AM PDT · by Kaslin · 13 replies
    Townhall.com ^ | August 18, 2014 | Mike Shedlock
    The Deloitte University Press has a very interesting, and comprehensive study on job gains and losses, by type of job, and state by state. The biggest winners are states involved in energy production, finance, or healthcare. The biggest losers are states that did not recover from the real estate bust, or lost population due to emigration. With that overview, let's dive deeper into the Geography of Jobs. Only now, as we reach the fifth anniversary of the end of the recession, has employment in the United States finally regained its pre-recession peak. The national story of slow recovery obscures the...
  • Baby bust? National birthrate hits an all-time low due to weak economic recovery

    07/10/2013 2:02:51 PM PDT · by NormsRevenge · 23 replies
    Daily Mail UK ^ | 7/10/13 | Alex Greig
    The recession has been over for four years, but the birth rate in the U.S. continues to fall as many people struggle with a sluggish economy and financial uncertainty. According to a recent analysis by the Pew Institute, since 2007 when there were a record 4,316,233 births, the number of births has been steadily declining, with 4,007,000 births in 2012 - the lowest number since 1998. Analysts say that the birthrate is dictated by the economy.
  • Dem pollster warns that voters will scoff at claims of recovery

    02/24/2012 9:23:12 AM PST · by RobinMasters · 39 replies · 2+ views
    Hot Air ^ | FEBRUARY 24, 2012 | Ed Morrissey
    Barack Obama wants to ask for a second term as President on the message that “America is back,” claiming that he has pulled the nation into a path for prosperity and job creation. That will come as a big surprise to American workers, who have not seen any improvement in their job situation or economic position, warns Democratic pollster Stanley Greenberg: Democratic pollster Stanley Greenberg is out with a must-read polling memo this morning, which offers some eye-opening advice to President Obama and his re-election team. After testing several of the president’s economic messages, he finds the argument that the...
  • Greenberg Warns: The Big Lie Isn't Working

    02/24/2012 2:05:05 PM PST · by Kaslin · 25 replies
    Rush Limbaugh.com ^ | February 24, 2012 | Rush Limbaugh.com
    BEGIN TRANSCRIPT RUSH: Stan Greenberg, pollster extraordinaire. He's got this polling company with Carville. Stan Greenberg is married to Rosa DeLauro, a congresswoman from Connecticut. Enough said. National Journal: "Democratic pollster Stanley Greenberg is out with a must-read polling memo this morning, which offers some eye-opening advice to President Obama and his re-election team. After testing several of the president's economic messages, he finds the argument that the economy is back on the right track polls miserably -- and 'produces disastrous results.'" I'll read that to you again, folks. Look at me when I say this to you. Greenberg, Democrat...
  • Perdue "Jokes" About Suspending Congressional Elections for Two Years

    09/27/2011 2:29:38 PM PDT · by fabjr60 · 65 replies · 2+ views
    The Raleigh News & Observer ^ | 9-27-11 | JB Frank
    Speaking to a Cary rotary club today, N.C. Gov. Bev Perdue suggested suspending Congressional elections for two years so that Congress can focus on economic recovery and not the next election. "I think we ought to suspend, perhaps, elections for Congress for two years and just tell them we won't hold it against them, whatever decisions they make, to just let them help this country recover."
  • The Keynesian Growth Discount (Great Piece on the Failure of Obamanomics)

    04/29/2011 10:52:31 AM PDT · by MissesBush · 10 replies · 1+ views
    For three long years, the U.S. has been undertaking an experiment in economic policy. Could record levels of government spending, waves of new regulation and political credit allocation, and unprecedented monetary stimulus re-ignite growth? The results have been rolling in, and they represent what increasingly looks like an historic mistake that deserves to be called the Keynesian growth discount. The latest evidence is yesterday's disappointing report of 1.8% in first quarter GDP. At this stage of recovery after a deep recession, the economy is typically growing by 4% or more as consumer confidence returns and businesses accelerate investment as their...
  • It Sure Seems Like We're Done

    01/01/2011 3:39:49 PM PST · by FromLori · 22 replies
    American Thinker ^ | 1/1/11 | Jack Curtis
    For those legislating and regulating industry out of the country and reducing our living standard back to maybe 1800 to call themselves Progressives requires a sense of humor, but in a way, they're right. Closing Post-Classical civilization to move into a new era can be called progress, at least by some. Most in the newborn Western Christian era during its early Dark Ages might not have seen it as progress but we at the intended end of its flowering of wealth and technology certainly think of it that way. History leaves no doubt that civilizations rise and fall; the fall...
  • Washington and the 'Recovery Summer' That Wasn't

    09/08/2010 11:30:30 AM PDT · by MissesBush · 2 replies
    The Wall Street Journal ^ | 09/07.10 | Fred Barnes
    On June 17, the Obama administration proclaimed "Recovery Summer." This was done with considerable fanfare, including the announcement that President Obama and Vice President Biden would tour Recovery Act sites—ones funded by the $814 billion "stimulus"—in full expectation the projects would contribute mightily to accelerated economic growth and job creation. At the time, I was in Missouri, reporting on the campaign for the state's open Senate seat. As luck would have it, the candidate I was traveling with, Republican Roy Blunt, met at various stops with corporate executives, small businessmen, bankers and entrepreneurs. They were talkative. Some were Republicans, some...
  • Unemployment rate dips as more workers leave labor force

    07/02/2010 8:46:36 AM PDT · by MissesBush · 15 replies
    LATimes ^ | 07/02/10 | Don Lee
    Washington — Private employers added a smaller-than-expected 83,000 jobs in June, but the unemployment rate edged down to 9.5% as many workers dropped out of a labor market that remains very sluggish. The Labor Department reported Friday that total payroll employment, including government workers, was down 125,000 in June, reflecting the loss of 225,000 census workers who finished their assignments. The decrease in Census Bureau staffing was expected, but most analysts were looking for stronger job growth in the private sector, which has yet to generate momentum and looms as a major threat to the overall economic recovery. In May,...
  • Recovery Summer Vacation

    07/02/2010 7:54:50 AM PDT · by Freedom Frayed · 4 replies
    The Foundry: Morning Bell ^ | July 2, 2010 | Conn Carroll
    On June 17, Vice President Joe Biden crashed the daily White House press briefing to kick off the Obama administration’s “Recovery Summer,” a six-week-long campaign to promote the belief that “the Recovery Act is working.” VP Biden claimed: “We knew that the hole dug by the recession that was created by the policies of the last administration resulted in a loss, a real loss of somewhere between $2 trillion and $3 trillion in the economy. We never thought that $787 billion was going to fill those holes — that hole.” There are so many things wrong with this statement, but...
  • Data hint at moderating U.S. recovery pace

    05/17/2010 7:55:17 AM PDT · by mlocher · 6 replies · 262+ views
    Reuters via Fidelity.com ^ | May 17, 2010 | John Parry
    NEW YORK (Reuters) - The pace of the U.S. economic rebound may be slowing, manufacturing data and retailers results hinted on Monday, at the same time as concerns grow about the impact of Europe's debt crisis on global growth. A gauge of manufacturing in New York State showed the sector continued to grow in May but at a slower pace, although the jobs gauge reached its highest level in about six years, the New York Federal Reserve said in a report on Monday. "This is just confirmation that the recovery is not exactly robust. Yes we have a recovery but...
  • Why the Dow dropped 250 points, or, the only "Boom" is from the Economy imploding

    10/31/2009 11:07:34 AM PDT · by Blue Collar Muse · 27 replies · 988+ views
    Blue Collar Muse Blog ^ | 10/30/2009 | Blue Collar Muse
    Not even the NYT can avoid reporting that on the last trading day in October, the Dow Jones dropped like it was pole-axed, completely erasing yesterday's 2% gain, while other financial indexes posted a monthly loss for the first time in 7 months. Consumers still seem skittish despite news the Economy grew by 3.5% in the 3rd quarter. How can we grow like that and still have major issues with the Economy?
  • "Nothing Sways the Stupid More Than Arguments They Can't Understand."

    10/30/2009 8:53:08 AM PDT · by timesthattrymenssouls · 4 replies · 363+ views
    Constitutional Guardian ^ | 10/30/2009 | Nancy Tengler
    Consumer Spending is Down Proving my Point on the Elusive Recovery http://www.wiseandfrugalgovernment.blogspot.com/ “Nothing sways the stupid more than arguments they can't understand” Cardinal de Retz Yesterday, the politicians were falling all over themselves to claim credit for the third quarter GDP growth of 3.5%, claiming the growth was proof the Administration's stimulus plan had worked. The President claimed,“the steps we’ve taken have made a difference.” Whoa there Big Fella. As I reminded yesterday, the GDP growth was fueled by the Cash for Clunkers program which was borrowing demand from the future as consumers scrambled to make auto purchases before the...
  • Will a Jobless Recovery Boost Unemployment

    07/01/2009 11:58:14 AM PDT · by WashingtonSource · 12 replies · 370+ views
    Mind Over Market ^ | July 1, 2009 | Robert England
    According to an analysis by the San Francisco Fed, the American economy may be facing a jobless recovery similar to the one after the 1991 recession. Two current trends suggest such an outcome: an increase in the rate at which workers settle for involuntary part-time employment and a decline in the rate of temporary layoffs. The San Francisco Fed’s earlier expectation was that unemployment could peak at 11 percent in mid-2010 -- significantly higher than the consensus forecast of 10 percent by early 2010. Given the accelerating pace of joblessness, the peak might be even higher at 11.5 percent or...
  • lies, lies, lies: why "recovery" is bogus and the worst is yet to come

    05/05/2009 2:58:06 PM PDT · by Grim · 17 replies · 1,201+ views
    JrDeputyAccountant ^ | 5/5/09 | Adrienne Gonzalez
    We’ve just seen the biggest bogus stock market rally in our lifetime, built on the most blatant pack of lies we’ve ever heard: Wall Street and Washington say the financial crisis is behind us. But the International Monetary Fund (IMF) has just trashed that theory faster than a high-speed paper shredder. They say big banks can’t fail. But behind the headlines, key Fed officials are now admitting that the “too big to fail” doctrine is, itself, failing.
  • Caption Obama discussin' his economic recovery

    03/13/2009 3:14:56 PM PDT · by Lucky9teen · 47 replies · 1,137+ views
    President Barack Obama, accompanied by Economic Recovery Advisory Board Chairman Paul Volcker, makes remarks in the Oval Office of the White House in Washington, Friday, March 13, 2009.
  • Biden Speaks to Economic Recovery Cabinet

    02/26/2009 5:19:47 AM PST · by DBCJR · 13 replies · 233+ views
    FOXBusinessShareThis ^ | Wednesday, February 25, 2009 | Kathryn Elizabeth Tuggle
    On Wednesday, Vice President Joe Biden met with members of President Barack Obama’s Cabinet to discuss the first steps necessary in getting money from the stimulus package to the aid of the American people. In President Obama’s speech on Tuesday evening, he addressed the arduous task facing the recovery team, but said that “nobody messes with Joe,” speaking of Vice President Biden, as a reason he had put Biden in charge of the recovery plan. Wednesday, Biden said that the stimulus package is meant to “drop-kick" the economy out of recession, and addressed the need for getting money distributed quickly....
  • Economic Bailout Vote Reveals Republicans Irrelevant In Government

    02/07/2009 7:34:23 AM PST · by Michael Eden · 32 replies · 700+ views
    Start Thinking Right ^ | February 7. 2009 | Michael Eden
    Three Republican Senators made the Republican Party irrelevant until at least 2010. Their names are Susan Collins and Olympia Snow (both from Maine), Arlen Specter (of Pennsylvania). After being nearly entirely excluded from the process of drafting the legislation for the Obama American Recovery and Reinvestment Act (or Generational Theft Act, or European Socialist Act, or whatever you want to call it - just don't call it "stimulus"), House Republicans finally showed their backbone by unanimously opposing the bloated fiasco. And all but three Senate Republicans joined their House colleagues by standing firmly against a bad Democrat plan. Only 37%...
  • Republicans Grow Spine After Being SHUT OUT Of $825 Billion Bailout

    01/28/2009 5:05:03 PM PST · by Michael Eden · 49 replies · 1,268+ views
    Start Thinking Right ^ | January 28, 2009 | Michael Eden
    In public - and eagerly devoured by an Obama-worshiping press - Barack Obama and his team of advisers have framed the process of crafting a stimulus package as one that will be inclusive and bipartisan in nature. But in private - and now happily increasingly in public as well - Democrats are telling Republicans where they can stick their objections to Democrats acting like money grows on trees and that the government can dig the economy out of a hole by digging deeper and faster. Obama had the pretension of talking about his plan passing with 80 votes in the...
  • The Freeper Economic Recovery Act of 2009 (Year Long Federal Tax Holiday)

    11/27/2008 8:19:32 PM PST · by kristinn · 35 replies · 1,148+ views
    Thursday, November 27, 2008 | Kristinn Taylor
    The Freeper Economic Recovery Act of 2009. H.R. 1 (Here's hoping)A bill to empower American citizens to restore the strength and integrity of America's economy by exempting federal income and payroll taxes below $150,000 for one year starting on January 1, 2009 and ending December 31, 2009.The bill would declare a one year federal tax holiday for adjusted net income below $150,000. Taxable income above that threshold would be taxed at the current marginal rates. Witholding would be suspended for the year for affected income levels effective January 1, 2009.The collection of payroll taxes paid by employees would be suspended...
  • Japan: BOJ urged to monitor missile test reaction (missile, interest rate, recovery)

    07/07/2006 2:15:57 AM PDT · by TigerLikesRooster · 6 replies · 398+ views
    AP ^ | 07/07/06 | YURI KAGEYAMA
    BOJ urged to monitor missile test reaction By YURI KAGEYAMA, AP Business Writer 1 hour, 1 minute ago Japan's finance minister urged the central bank Friday to watch the market reaction to North Korea's recent missile tests, ahead of the Bank of Japan's meeting next week when the bank may raise interest rates for the first time in six years. Finance Minister Sadakazu Tanigaki has repeatedly urged the bank to refrain from an early hike in rates, which have been at zero the last five years, so as not to hurt the nation's economic recovery. The bank's policy board meets...
  • Asian Investment Trends

    07/02/2006 6:34:15 PM PDT · by G. Stolyarov II · 254+ views
    PanAsianBiz ^ | July 2, 2006 | Dr. Bill Belew
    Probitas surveyed investors earlier this year about their views on which geographic regions in Asia are most attractive. Here are the results: 7. Southeast Asia - 2.4% 6. Australia - 3.9% 5. Korea - 4.9% 4. PanAsianFunds - 14.1% 3. China - 15.1% 2. India - 16.1% and Number 1 was 1. Japan 18.5% Japan is back; its economy is growing, and investors see it as the best bet these days. So, where in Asia do you plan on investing?
  • Japanese Head to Cebu & Manila

    06/08/2006 8:49:54 AM PDT · by G. Stolyarov II · 185+ views
    RisingSunofNihon ^ | June 8, 2006 | Dr. Bill Belew
    The Japanese have to do something with their money - $108,000 per family unit in savings. One thing they do is travel. The hottest travel destination is Hawaii. They'd actually like to buy HI but that would only leave 49 stars on the flag unless America were to let Puerto Rico in...but then, I am off topic. Guam is next on the list...then China. But moving up quickly is the PI - Cebu and Manila. Travel bookings from one city, Nagoya, are up 20% and charter flights are already sold out for the rest of the year! And it's only...
  • THE BUSH BOOM: MANUFACTURING AT 32 YEAR HIGH

    07/09/2004 6:48:33 AM PDT · by KMC1 · 43 replies · 1,381+ views
    WMCA-NY ^ | 7.9.2004
    WASHINGTON DC - The new manufacturing numbers out today point to more economic record-setting news. The Manufacturers Alliance reported that its Business Outlook index rose to 80 its highest point since 1972. An index above 50 indicates expansion anything below 50 indicates shrinkage. The figures are based on surveys with manufacturing executives from a whole range of industries. The index is pointing to an increase in manufacturing activity for the next three months. Executives were asked to compare product orders from April, May and June for the same time period of 2003. 90% of the respondents stated that new orders...
  • Newsweek piece 'doesn't add up' [Scam at Newsweek]

    04/10/2004 1:20:29 AM PDT · by The Raven · 53 replies · 347+ views
    Washington Times ^ | Apr 10, 2004 | editorial
    <p>With a gigantic IRS 1040 income-tax form covering a slightly ajar door presumably leading to a room filled with tightly guarded information, the headline of Newsweek's current cover story screams: "The Dirty Little Secret of the Tax Cut: Why It's Smaller Than You Think." Inside, the article greets the reader with the bold assertion: "Why Your Tax Cut Doesn't Add Up." But the only thing that doesn't add up is the article itself. It is replete with misstatements and distortions masquerading as the real-life experiences of Americans since President Bush's tax cuts were enacted in 2001 and 2003.</p>
  • CA: Arnold's economic recovery flag is at half-staff

    02/04/2004 10:18:16 AM PST · by NormsRevenge · 9 replies · 198+ views
    Sac Bee ^ | 2/4/04 | Peter Schrag
    <p>Gov. Arnold Schwarzenegger likes to say that if he could sell some of his movies, he can surely sell California. But even if he succeeds in getting the major workers' comp and regulatory reforms he wants, California's business climate and its overall job picture will need a lot more attention.</p>
  • Americans Wonder When Sun Will Rise on Economic Recovery

    07/11/2003 10:13:29 AM PDT · by Dave S · 28 replies · 272+ views
    The Wall Street Journal | July 10, 2003 | DAVID WESSEL
    Americans Wonder When Sun Will Rise on Economic Recovery Like TV meteorologists blissfully announcing sunny skies while it's raining, economic forecasters are declaring that the moment of rebound is at hand. That has a lot of umbrella-carrying workers and executives wondering, "So where is the economic sunshine?" It's a good question. For the past two quarters, the U.S. economy grew at an annual rate no better than 1.75%, so slowly that the unemployment rate kept rising. But forecasters say the pace of growth is quickening now. They predict the U.S. will grow at a 3.5% or 4% annualized pace in...
  • Busy Truckers See Economy Recovering

    07/06/2003 2:48:42 PM PDT · by clueless_expert · 4 replies · 200+ views
    The Tribune-Democrat ^ | July 6, 2003 | KATHY MELLOTT
    Busy Truckers See Economy RecoveringBy Kathy Mellott, Tribune-Democrat Bedford Bureau BEDFORD, PA – The dozen two-hour layover spots behind the McDonald’s at the Pennsylvania Turnpike interchange are full most times, as are the gas pumps at Post House Cafeteria, Route 30, Breezewood. Truckers say business is booming – one indication that the anemic economic recovery might be gaining steam. “Things are picking up,” said Ray Rupp in an interview behind the McDonald’s on Business Route 220 north of Bedford. “Keep in mind, if you bought it, a truck brought it.” Rupp of Pittsburgh rumbled in for a brief layover waiting...
  • Data Show Economic Recovery Shaky

    06/05/2003 5:48:24 PM PDT · by NormsRevenge · 9 replies · 217+ views
    Yahoo! News ^ | 6/5/03 | Anna Willard - Reuters
    WASHINGTON (Reuters) - The number of Americans lining up to claim unemployment benefits surged unexpectedly last week and factory orders tumbled in April, reports on Thursday showed, indicating the economic recovery is shaky. But consumers provided a bright spot, with May retail sales doing better than forecast as shoppers snapped up clothing and hunted for bargains. "The pick up in the economy is still a forecast," said Paul Kasriel, chief economist at Northern Trust. "The economy here and now is still very weak." Blue-chip stocks fell slightly after the reports but finished the day higher. The Dow-Jones industrial average ended...
  • Americans Support President, Confident in Economy

    08/03/2002 7:35:01 AM PDT · by Alex P. Keaton · 23 replies · 144+ views
    The White House ^ | 8/2/02 | Office of Strategic Initiatives
    A new CNN/USA Today/Gallup survey reveals: More than seven in ten Americans approve of President’s job performance. 71% approve of President Bush’s job performance, compared to 69% in the last survey, July 26-28. Americans remain confident, expect stock market to rise over next twelve months. 65% say their confidence in the economy has not changed due to stock market fluctuations. 58% expect stock market to be higher in one year, and another 28% expect it to hold steady. Majority says style of media coverage has worsened stock market situation. 56% of adults and 60% of stockowners say media have worsened...
  • Auto Plastics Maker Plans Plant in Michigan's Thumb [Not a Willie Green Post]

    04/25/2002 5:09:49 AM PDT · by 11th Earl of Mar · 9 replies · 331+ views
    <p>CARO, Mich. (AP) -- A company that makes plastic parts for the auto industry plans to build an $11 million plant and create 150 jobs in this Thumb community, officials say.</p> <p>Plastech Engineered Products Inc. is seeking $5.1 million in property tax relief for the project. The company, founded here in 1988, now is based in Dearborn and has 16 plants worldwide.</p>
  • The perfect storm that spurred Bush to action

    04/04/2002 3:40:06 PM PST · by kaylar · 21 replies · 239+ views
    scotsman online ^ | 04/05/2002
    GULF state dismissals of a call by Iraq this week for an Arab oil embargo against the United States should lull no-one into a false sense of security. Deepening concern that the Israel-Palestinian conflict could escalate into a conflagration across the whole region has not only pushed the oil price to a six-month high, but also cast a shadow over a project as close to the heart of the White House as the war on terrorism: securing America’s economic recovery. Against this background, the world now anxiously waits to see whether President George Bush’s policy shift yesterday may pull the...