Every month, we learn how many net jobs were "lost"... how many new claims for unemployment they were, whether it represents an improvement or not, whether it means the economy is getting better or worse, bottoming out or on its way back...
We learn that it's' [...]
by Mark Silva
On the heels of the best employment report of the year -- albeit one with continuing job losses -- President Barack Obama says additional steps will be needed to help a reviving economy produce more new jobs in the year ahead and insists that overhauling the [...]
by Mark Silva
"We've seen significant turnaround in the economy,'' President Barack Obama said today. "Our economy was in a freefall.''
Yet, with unemployment running at over 10 percent, the White House opened a "jobs-summit'' today.
"Today, our economy is growing again for the first time in a year,'' the president said' [...]
December won't be kind to the millions of Americans still looking for work in this sluggish economy. After December 31, over 1 million workers will lose eligibility for the next tier of unemployment insurance benefits provided by the economic stimulus plan. And beginning today, 7 million unemployed individuals will' [...]
Visit msnbc.com for breaking news, world news, and news about the economy
[...]Visit msnbc.com for breaking news, world news, and news about the economy
[...]
from the Proft for Governor campaign
Policies advanced and supported by the nine Chicago Democrats who control $70 billion worth of government and 125,000 public sector jobs in Illinois have destroyed this state's economy. Those 9 Chicago Democrats: Pat Quinn, Lisa Madigan, Jesse White, Dan Hynes, Alexi Giannoulias, Mike Madigan, John' [...]
With unemployment jumping over 10 percent nationally last month and the midterm elections just a year away, Democrats are scrambling to find new ways to buoy the economy. In the past few weeks, a cadre of high-ranking lawmakers have coalesced around a "job creation" package, which Illinois' own Sen. Dick Durbin has' [...]
Now that roughly one-quarter of the money allocated in President Obama's stimulus plan has flown out the door, a consensus among economists about the effectiveness of the package is emerging. The New York Times' reports:
The legislation, a variety of economists say, is helping an economy in free fall a year ago to [...]
by John Brown's Ghost
President Barack Obama was in China this week and had the following quote:
"It is important though to recognize if we keep on adding to the debt, even in the midst of this recovery, that at some point, people could lose confidence in the U.S. economy in'" [...]
by Mark Silva
Sarah Palin, embarking on a natonal book tour with her Going Rogue memoirs, has one word for the way that President Barack Obama is handling the economy:
"Backassward.''
That's how the former governor of Alaska and 2008 Republican vice" [...]
Visit msnbc.com for Breaking News, World News, and News about the Economy
[...]Thomas Palley in a post well worth reading explains:
The world economy has paid dearly for complicity with and silence about the economic policies of the last 15 years, which have culminated in the deepest and most dangerous recession since the 1930’s. It will pay still more if policymakers remain [...]
Michigan's economy has been in a free-fall for several years. The Great Lake State has the nation's highest unemployment rate. More than any state, Michigan needs jobs. 
Republican gubernatorial candidate Jim Ryan, who is endorsed by this blog, issued the following statement about the proposed transfer of Guantanamo Bay terrorists to Thomson, Illinois.Turns out, Bush’s tax cuts hurt the economy. Wha…?
From the Citizens for Tax Justice:
And yet, many of the lawmakers who argue that the health care reform legislation is “too costly” are the same lawmakers who supported the Bush tax cuts. Their own voting record demonstrates that health care [...]
Over a year ago, we wrote our first post advocating in favor of federal assistance for state governments. The reasons were simple enough: a slowing economy causes revenues to decline and demand for services like Medicaid to rise; recessions always hit states later than the federal government; and the General Assembly is [...]
Visit msnbc.com for Breaking News, World News, and News about the Economy
Click below for transcript
THE WHITE HOUSE
Office of the Press Secretary
_________________________________________________________________________________________________
For Immediate Release November 10, 2009
REMARKS BY THE PRESIDENT
AT MEMORIAL SERVICE AT FORT HOOD
[...]
Among the jobs that Barack Obama's economic stimulus bill boondoogle were supposed to create were "green jobs," for the new economy that the president and other lefties envisioned. Just as those "saved" postitions that are largely fictional, the Heritage Foundation tells us, those green jobs are [...]
Mayor Daley said Monday he does not share his police superintendent's extreme case of nerves about a wave of police retirements next year because the economy stinks and there are "no jobs out there."
"Retirement is very questionable because of the economy outside. You can't get jobs,"' [...]
Graphic to the left found via Exurban League with a link to a report regarding the nationwide unemployment rate. So that's what that graphic represents. That link is to a CNN story ironically.
