May 8 2010

NYT: In Triumph for Obama, Unemployment Rate Rises!

I just couldn’t resist this quick hit:
Economy Gains Impetus as U.S. Employers Add 290,000 Jobs
The American economy continued to add jobs in April in a further sign that an economic recovery was on track.
Payrolls surged with an unexpectedly strong 290,000 jobs last month, the Labor Department reported on Friday, while the unemployment rate rose to [...]

Feb 12 2010

Video: President Me! The Musical

Dan Riehl asks if American politics have degenerated to a point where someone could be elected president on the perceived weight of star power alone, then answers his own question by noting that it’s hard to conclude otherwise.
What is going unsaid of course, because it’s so evident that Barack Obama rose to the presidency [...]

Oct 26 2009

Schumer: Credit card law should take effect sooner

Charles Schumer said Sunday. Schumer cited a Pew Charitable Trusts study that found credit card interest rates rose 20 percent in the first six months of 2009 while federal interest rates dropped.
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Oct 2 2009

Still Not Stimulating

Unemployment rose to 9.8% in September. Innocent Bystanders has been tracking the unemployment rate against the Obama administration’s projections. In order to persuade Congress to pass the “stimulus” bill, the administration predicted what unemployment would be with and without the alleged impact of the stimulus. The reality has turned out to be [...]