Browsing All Posts filed under »Pelosi«

Here’s What No One Told You About The Supposedly Great Jobs Report

November 6, 2010

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With a really fantastic headline number coming from the Establishment Survey, we thought we’d take a closer look at the other side of the coin.  The Household Survey showed the following today: •    a decline of 330,000 in the number of people employed; •    a decline of 254,000 in the labor force; •    a decline […]

Get ready for a smaller paycheck

October 27, 2010

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Many employees are receiving notices this month that their contribution to their health insurance premiums is increasing. But that’s not all they’re getting from the Democratic Congress: They can also expect higher tax withholding beginning January 1, thanks to the decision Harry Reid and Nancy Pelosi made to leave town without voting on whether to […]

Democrats have raised $1 million from foreign-affiliated PACs

October 17, 2010

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Democratic leaders in the House and Senate criticizing GOP groups for allegedly funneling foreign money into campaign ads have seen their party raise more than $1 million from political action committees affiliated with foreign companies. House and Senate Democrats have received approximately $1.02 million this cycle from such PACs, according to an analysis compiled for […]

Obamacare Sticker Shock: Taxing Over 15,000 Medicines

October 14, 2010

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Nancy Pelosi warned us we’d have to pass Obamacare to find out what’s in it.  And what we’re finding we don’t like at all. Higher insurance premiums are hitting families hard.  Medicare Advantage has been decimated. Millions will be forced into government-run Medicaid where long lines and rationing await. If we like our insurance — too bad. Beginning […]

U.S. Won’t Recover Lost Jobs Until March 2020 At Current Pace

October 9, 2010

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The U.S. economy lost 95,000 jobs in September, far worse than expectations for no change in employment. More Census-related temp jobs ended, as expected, but state and local governments slashed staff far more than predicted. The U.S. needs to create 125,000-150,000 jobs each month just to absorb new workers and prevent unemployment from rising. So […]

How Unemployment Will Swing the Elections

October 9, 2010

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When Obama took office in January 2009, the economy was spiraling into a black hole and something needed to be done. Obama’s economic team predicted that if Congress passed a huge stimulus plan, the unemployment rate, then 7.7 percent, would drift up to about 8 percent, then start to decline. By the time of the […]

The Unraveling Of ObamaCare

October 9, 2010

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Thirty companies and organizations get waivers from the new health care overhaul because otherwise they’d have to raise rates or drop coverage. The president said neither would happen. Hey, where’s our waiver? When McDonald’s told federal regulators in a recent memo that it would be “economically prohibitive” for its insurance carrier to continue to cover […]