Browsing All posts tagged under »job losses«

Obama’s Failed Stimulus In Pictures: 10.2% Unemployment

November 10, 2009 by

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By Conn Carroll When President Barack Obama was pitching his $787 billion economic stimulus package, the White House produced a report claiming their plan would keep unemployment under a peak of 8%. Reality has not been kind to President Obama’s promises. On November 6, the Bureau of Labor Statistics released their Employment Situation Summary showing that […]

Politicians Fiddle While America Burns

March 11, 2009 by

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Nancy Morgan As the economy continues its downward spiral and hundreds of thousands join the ranks of the unemployed, Americans may rest easy knowing that our elected officials are hard at work on our behalf. President Obama took time out from pushing his massive spending and tax increase package to announce his new focus on […]