Tag Archives: unemployment

Tuesday is Caucus Day

by Craig Masters Caucus is as good as it gets in citizen politics. But in a country founded with a government specifically limited in its powers, the caucus too has joined most of the guarantees of the Constitution as the … Continue reading

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In the battle for the economy the consumer is the loser

Rising Markets, Bad Jobs Report Conflict Economy Analysis The American economy has a split personality and that spells trouble for everyone–but most particularly the bureaucratic elitists and those dependent on that system.   In the Red corner there is the … Continue reading

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Housing Market Slowing Quickly, Again

by Mike McCune —   Scandals, wildfires, Syria and the looming implementation of the Affordable Health Act continue to dominate the news. The economy has been pushed to the back burner. Big mistake for America.   If you think things are … Continue reading

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Wall Street, Main Street Do Not Agree

by Mike McCune —   The jobs report for February came in nicely and Wall Street cheered. Meanwhile the January jobs report was slashed by 25% from a gain of 157,000 to 119,000 and Wall Street yawned.   That is … Continue reading

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How to Simplify the Tax Season

by Michael McCune —   The normal person fears to tread the swampy ground of tax loopholes and deductions–that’s why the unofficial-official business of tax preparation and legal tax defense has been the biggest single growth sector since the 1950s.   … Continue reading

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Generation Opportunity reviews the State of the Union

By Craig Masters To paraphrase Generation Opportunity’s David Pasch, the message from Obama to America’s young people was as simple as: “Young people are Screwed.” The most recent Millennial Jobs Report reported by Generation Opportunity shows unemployment at nearly 14% … Continue reading

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Washington’s balanced approach: $41 in taxes for $1 in spending cuts

by Jack Minor –   In a last minute fiscal cliff deal that will raise taxes on over 77 percent of Americans, the definition of compromise and balance in Washington means increasing revenue by significant amounts relative to spending cuts. … Continue reading

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Obama’s economy: Fed predicts high unemployment through 2015

by Peter Grady –   The Federal Reserve has said it is expecting unemployment levels to remain high until at least late 2015, despite its plans to spend billions of dollars a month to keep interest rates low.   Following … Continue reading

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Fed Thinking Links Policy to Unemployment Rate

by Mike McCune —   Have A Happy Thanksgiving. The normal Friday Rant is replaced by this one, three days early, as we will be taking a long holiday break. See you again, Monday, Nov. 26–Mike   Richmond Federal Reserve … Continue reading

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Voters: Government, not private sector is the solution

by Jack Minor –   America appears to have reached a watershed moment as voters have decided that they want a continuation of president Obama’s policies of trillion dollar deficits and more Americans on social programs over private sector solutions … Continue reading

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Illinois paid over $2 million in unemployment to jail inmates

by Matt Lacy –   State officials in Illinois have revealed that they paid over 1,100 inmates more than $2 million in unemployment benefits while they are in jail.   According to the Associated Press, the Illinois Department of Employment … Continue reading

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Government again facing scrutiny over jobless claims

by Matt Lacy –   For the second time in less than a week the government is facing scrutiny and criticism over its job reporting after a new report omitted data from a large state.   On Thursday, the Labor … Continue reading

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Controversy continues to swirl over unemployment numbers

by Matt Lacy –   Criticism continues to mount over last week’s unemployment numbers which are now below the eight percent benchmark considered a hindrance to an incumbent president’s reelection.   It has long been noted that no post World … Continue reading

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Job Market Improving? No, It’s Phony Figuring

I have often cited the various methods the government utilizes to keep the unemployment figure at a manageable level. Today, after the official unemployment rate fell to 7.8%, it became apparent just how blatantly political the process has become.   … Continue reading

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The Rant – Crisis Bubbles Form From Fed’s QE3

The Federal Reserve’s decision to proceed on an open-ended asset-buying policy is being well-received by other central banks but few others.(1)   The problem for Ben Bernanke and the U.S. dollar is the move’s aim and its outcome are not the … Continue reading

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Real unemployment over 19 % in 7 Colorado counties

A startling new letter from the Colorado Labor Department has revealed there are seven counties in the state where over 19 percent of the residents are “not employed.”   The Colorado Observer obtained a letter through the Colorado Open Records … Continue reading

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Attack ads work – That’s why candidates Outsource Them!

By Craig Masters CoorsTek World HQ – here in Colorado USA There are less than four weeks until the election day. The term “attack ads” is being trivialized to the extreme. Even ‘extreme’ is a word fast becoming meaningless. Is … Continue reading

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Record number of Americans “not in labor force”

  by Jack Minor –       Last week’s unemployment numbers revealed the dire straits facing the U.S. economy after it was revealed that almost 89 million Americans are not in the workforce, a record high.       … Continue reading

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Fed plans Forceful non-traditional actions

By Craig Masters Recovery slope for US is still rising Friday, as expected, Ben Bernanke announced that the Fed would need to take action to adjust the markets. Analysts who study the language of the Bernankes of the world so … Continue reading

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Convention bias: reporter says Romney happy with “black people drowning”

by Matt Lacy –   Members of the mainstream media appear to be abandoning all pretense of objectivity, with a former ABC news producer saying on a hot mic that Ann and Mitt Romney are “happy to have a party … Continue reading

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Housing Market Still Shaky, FHA Problems Multiply

by Mike McCune —   Over the past few months the media has been painting a rosy picture of the housing market. The Administration has been suspiciously quiet and reticent about the housing sector though. That means trouble somewhere.   … Continue reading

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Jobless claims increases by nearly 70,000

by Matt Lacy –   The actual number of American applying for jobless claims increased by 69,971 from the previous week; however the Associated Press and other members of the media used adjusted numbers to claim the opposite.   On … Continue reading

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Gardner takes Obama to task for “private sector fine” remarks

by Peter Grady –     Rep. Cory Gardner had some choice words for president Barack Obama over remarks he made that people in the private sector were doing just fine following news that unemployment had risen to 8.2 percent … Continue reading

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The Rant: Government NEET Counting Covers Economy’s Weakness

by Mike McCune — “I have sworn on the altar of god eternal hostility against every form of tyranny over the mind of man.”–Thomas Jefferson   Government is fond of spouting its version of the truth while forgetting the jury … Continue reading

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The Rant: Slowing Economy Faces Major Obstacles

by Mike McCune — Federal Reserve Chairman Ben Bernanke remarked on the U.S. unemployment rate early Monday to the National Association for Business Economics. He noted the economy must grow much more quickly than is its current pace to make any … Continue reading

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The Rant — Government NEET Counting Covers Economy’s Weakness

by Mike McCune — “I have sworn on the altar of god eternal hostility against every form of tyranny over the mind of man.”–Thomas Jefferson   Government is fond of spouting its version of the truth while forgetting the jury … Continue reading

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Behind every great man…

By Craig Masters Speaking at the Historically Black Colleges and Universities Student Summit on the campus of North Carolina Central University in Durham, Tuesday, Senior Presidential Advisor, Valerie Jarrett, explained Obama’s economic policy on unemployment. In her speech, broadcast nationwide … Continue reading

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The Rant – Tax Cut Extension Creates Jobs, Solves Employment Problem

by Mike McCune — Numbers mean nothing to Washington politicians and bureaucrats. The difference between white and black carries much more weight in our national capitol and that is why everything seems to be a similar shade of gray when it comes … Continue reading

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Is the administration feeding the media false economy figures?

by Craig Masters Last week the Obama administration released a report about the unemployment percentage dropping. In response, the stock market spiked up. But this week, MarketWatch, Bloomberg and other segment specific news outlets report the number of people receiving … Continue reading

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Obama extends job authorizations to immigrants affected by 2001 earthquake in El Salvador

by Peter Grady – In what some have said is an attempt to increase his approval ratings among Latino groups,  Obama’s administration will permit up to 215,000 immigrants from El Salvador to remain in America due to hardship from an … Continue reading

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Unemployment among veterans at 13% as military prepares to cut 500,000 troops

by Jack Minor – The military is preparing to reduce troop strength by nearly 500,000 at a time when unemployment by young veterans is over 13 percent. Recent data by the Bureau of Labor Statistics shows that for the last … Continue reading

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Unemployment remains above 8 percent for 35 consecutive months

by Matt Lacy – The latest jobs report from the Bureau of Labor Statistics shows that unemployment numbers have remained above 8 percent for 35 consecutive months. While the media and the Obama administration have touted the numbers as sign … Continue reading

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The Rant

by Mike McCune — Merry Christmas! Sometimes the best present anyone can receive is a good wakeup call. Earlier this month a “Rant” about the declining wealth of the average American caused a stir among readers. Some contended I had … Continue reading

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U.S. citizenship for sale: $500,000

   -by Jack Minor – – A Colorado organization is recruiting foreign investors using a government visa program that critics say amounts to selling U.S. citizenship. The Colorado Regional Center is promoting the program, stating that the investor, “has an … Continue reading

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Jobs bill “repeals” 11th Amendment

  by Jack Minor – The President’s jobs bill would effectively repeal the 11th Amendment for any state that receives federal funding anytime after the bill becomes law. During the healthcare bill, Nancy Pelosi said Congress needed to pass the … Continue reading

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