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Reason #37: Disability Beneficiaries Outnumber Jobs in Manufacturing
Disability Beneficiaries Outnumber Jobs in Manufacturing. Due to the poor economy and other factors, there are now more Americans collecting disability benefits than there are workers doing...
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The Obama Economy: Still the Worst Ever for Working-Age Women
Today, the Census Bureau released information on poverty in 2013, which showed how the overall poverty rate fell from 15 percent in 2012 to 14.5 percent in 2013, as the number of poor individuals fell...
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Reason #38: Over Half of Americans Can’t Afford Their House
Over Half of Americans Can’t Afford Their House. In order to cover their rent or mortgage over the last three years, 52 percent of Americans have had to make at least one major sacrifice, such as...
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Reason #39: Minority Families Have Suffered the Most during the Obama “Recovery”
Minority Families Have Suffered the Most during the Obama “Recovery.” During the heart of the Obama “recovery,” the median income of minority families dropped by 9 percent, and their median net worth...
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Reason #40: Six Out of Ten Say the American Dream Is Out of Reach
Six Out of Ten Say the American Dream Is Out of Reach. After five years of the Obama “recovery,” 59 percent believe the American Dream is out of reach and 63 percent believe most children won’t be...
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Democrat Stimulus Architect Admits “the Economy’s Problems,” not “Economic...
Democrat Stimulus Architect Admits “the Economy’s Problems,” not “Economic Greatness” Then: The January 2009 Romer-Bernstein Report predicts 5 percent unemployment by now. Sources: January 2009...
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Administration’s Revisionist History: Putting the Economy’s “Incredible...
Now (October 2014) “Our economy is making incredible progress.” For example, 5.9 percent unemployment is “a number many economists didn’t think we’d see for years.” Sources: White House press release...
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Where Are the Jobs Update
“Four years ago, President Obama began to pull our country out of the worst economic crisis since the Great Depression, while laying the foundation for an economy built to last. We’ve come a long way...
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Reality Check: Unemployment Has NOT Dropped Faster than the Administration...
On Wednesday, the White House released a curious chart, attempting to show that unemployment “is dropping faster than projected.” The chart compared the actual unemployment rate with forecasts made by...
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Record Numbers of Young Adults Living with Older Family Members
Certain groups have suffered more from the “Obama Recovery” than others, starting with younger adults. A recent article found that currently, America is experiencing the highest-ever level of young...
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Full-Time Jobs Down, Part-Time Jobs Up
Full-Time Jobs Down, Part-Time Jobs Up. In June 2014 all the job creation was in part-time employment, with significant loses in full-time employment. Source: U.S. Department of Labor, Bureau of Labor...
View ArticleWith the Jobs Situation This Bad, Is Now Really the Time to Raise Taxes?
Last week, a New York Times editorial noted that, despite November’s job gains, the employment situation in the U.S. is still bleak: “Over all, the job market is still very weak, with an estimated 3.9...
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Obama Administration Far Better at Creating New Food Stamp and Disability...
As shown in the chart below, the policies of President Obama and the Democrats who control Washington have failed the American people, forcing millions onto federal disability benefits and food stamps...
View ArticleGiving Empty Rhetoric a Bad Name
Much attention has been given to President Obama’s continued “focus” on passage of the American Jobs Act. As others have noted, however, looking back it seems that while the Obama Administration’s...
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Camp Statement on Balanced Budget Amendment Failure
Washington, DC – Today, Ways and Means Chairman Dave Camp (R-MI) released the following statement in reaction to the Balanced Budget Amendment failing to pass in the U.S. House of Representatives: “The...
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One Year Later, Data Shows Democrats’ 2009 Stimulus Law Failed to Deliver on...
January 9, 2010 marks the one-year anniversary of the Romer/Bernstein report in which the Administration’s chief economists promised Democrats’ 2009 stimulus law would “create between three and four...
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