1:09 PM, Jun 6, 2014 • By DANIEL HALPER
Senator Jeff Sessions has released a statement that says, "7 Million People Have Left The Workforce Since The President Took Office." The statement is in response to today's jobs numbers.
"Today’s jobs numbers are only enough to tread even with population growth, maintaining unemployment at 6.3 percent. When you include discouraged workers, the unemployment rate doubles to an alarming 12.2 percent. There are still 3.2 million fewer full-time employed persons than there were in 2007," says Sessions.
"Since President Obama came into office in 2009, 7.2 million people have left the workforce entirely. One out of every six men aged 25–54 is not working. Employment in this group fell by 72,000 last month, while the number of employed women aged 25–54 fell by 37,000. Meanwhile, the workforce participation rate for women is at its lowest level in 23 years. Median household income is down almost $2,300 from what it was when the President took office. Real wages are lower than they were in 1999. Growth in the first quarter of this year was negative.
"These numbers are grim and make clear that this economy is nowhere close to performing at an acceptable level."
4:05 PM, May 8, 2014 • By GEOFFREY NORMAN
The government was spending too much money. And wasting a lot of it. The need to cut back was obvious and pressing. So Congress passed something called the “sequester,” that would force frugality upon the government and oblige Washington, Inc. to endure the kind of downsizing that had been common – and successful – in the private sector.
Not as deft as Carney’s skillet flipping abilities.
7:18 AM, Apr 22, 2014 • By WHITNEY BLAKE
A few months ago when Obamacare was in free fall, many were left scratching their heads when the Democrats were touting stay-at-home motherhood as one of the perks of Obamacare.
12:17 PM, Mar 4, 2014 • By JERYL BIER
Here's a rather harsh assessment of the last four years under the Obama administration's economic policies:
9:24 AM, Feb 6, 2014 • By JEFFREY H. ANDERSON
Testifying before the House Budget Committee yesterday, Congressional Budget Office director Douglas Elmendorf said of Obamacare, “[T]he act creates a disincentive for people to work.” He declared, “[B]y providing heavily subsidized health insurance to people with very low income and then withdrawing those subsidies as income rises, the act creates a disincentive for people to work—relative to what would have been the case in the absence of that act.”
9:29 AM, Jul 29, 2013 • By GEOFFREY NORMAN
In the fifth year of "recovery," the rule seems to be that the only jobs that are available (to those who are still looking) are not full-time positions. According to a recent Gallup poll:
12:32 PM, Dec 27, 2012 • By GEOFFREY NORMAN
Edward Glaeser says “the number that sums up the year’s doldrums is the 1.27 million increase in the number of disabled Americans without jobs from November 2011 to November 2012. This statistic reflects not only the sluggish recovery but also a drifting nation, badly in need of tough medicine.”
1:36 PM, Dec 15, 2012 • By DANIEL HALPER
Secretary of State Hillary Clinton will "work from home next week" after becoming dehydrated and fainting, State Department deputy assistant secretary Philippe Reines says in a statement.
11:46 AM, Oct 22, 2012 • By JEFFREY H. ANDERSON
In the Washington Post, Robert Samuelson highlights how Obamacare would needlessly complicate our society, make it more maddeningly litigious, give the I.R.S. more prominence, and make it harder for workers to get employers to give them so much as 30 hours a week.
12:10 PM, Oct 19, 2012 • By DANIEL HALPER
This morning, as MSNBC's Morning Joe came to an end, co-host Mika Brzezinski had some praise for colleagues and the company she works for. "We've been talking a lot this week about women and equal pay and all these issues," she said. "I have to say, in all seriousness, I'm very lucky to be working with you [co-host Joe Scarborough] and for a company [MSNBC] who has actually dealt with this problem transparently."
1:09 PM, Oct 15, 2012 • By DANIEL HALPER
A new chart from the minority side of the Senate Budget Committee details the fact that, since January 2009, for every person added to the labor force, 10 have been added to those not in the labor force. Here's a chart showing the dwindling labor force: