Category Archives: Economy

Number of Uninsured at Lowest Level in 50 Years

From the Council of Economic Advisers: As this week’s data confirm, 2014 has seen dramatic coverage gains, gains matched or exceeded only by those seen in the decade of rapid progress that followed the creation of Medicare and Medicaid. Following … Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading

Posted in Economy, Healthcare | Tagged , | 3 Comments

Thanks Obama

Last week Kansas Governor Sam Brownback announced that the state would cut spending and transfer money from other areas of the budget to fill a hole generated by Brownback’s signature tax cuts. A significant portion of the funds Brownback intends … Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading

Posted in Economy, Taxes | Tagged , , | 5 Comments

Kansas: Here Come the Spending Cuts

As predicted, Kansas Governor Brownback is going to make up for holes in the state budget by cutting spending, not by repealing or reducing his signature tax cuts. via Reuters (Reuters) – Kansas Governor Sam Brownback on Tuesday called for … Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading

Posted in Economy, Taxes | Tagged , | 19 Comments

321,000 Jobs Added in November, Exceeding Expectations

Where are the jobs? The jobs are here. via Bloomberg The 321,000 advance in payrolls followed a 243,000 increase in October that was stronger than previously reported, Labor Department figures showed today in Washington. The November gain exceeded the most … Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading

Posted in Economy, Jobs | 5 Comments

Rand Paul Opposes Net Neutrality Because He’s Rand Paul

Rand Paul has spent a great deal of time and energy attempting to court the elite tech bros who would presumably make up his donor base, but even the infamous douches of Silicon Valley may have a problem with Rand’s … Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading

Posted in Economy, Rand Paul | Tagged | 5 Comments

Paul Krugman Says What He Got Wrong

Here’s something you don’t see every day: an economist talking about the things they got wrong. via Business Insider Just once I’d like to see a conservative economist admit that the Ryan Budget and Republican economic philosophy is hogwash. Tried, … Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading

Posted in Economy, Ethics | Tagged , | 3 Comments

Brownback’s Tax Policy May Be An Even Bigger Failure

Earlier this week it was revealed that the state of Kansas may miss revenue goals by $1 billion over the next two years under Governor Sam Brownback’s economic regime, but it may be even worse than that according to analysis … Continue reading

Posted in Economy | Tagged , , , | 4 Comments

Healthcare Coupons and Block Grants: Paul Ryan’s Path to Poverty is Back

The New York Times reports that Congressional Republican plan to continue pushing the monumentally-bad Paul Ryan budget and everything that entails during the next session of Congress. Congressional Republicans intend to present a plan to overhaul Medicare, calling for voucherlike … Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading

Posted in Economy | Tagged , , , | 9 Comments

Brownback’s Tax Cut Magic Still Isn’t Working, Will Never Work

Governor Sam Brownback told the people of Kansas that his formula of tax cuts and budget cuts would get the economy moving again if they just give it more time and apparently the people bought it because they saw fit … Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading

Posted in Economy, Election 2014, Taxes | Tagged , , | 10 Comments

Thanks Obama

214,000 jobs were added to the economy during the month of October according to the Labor Department. Furthermore, the number of people participating in the labor force has reached its highest point in five years. Numbers for the month of … Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading

Posted in Economy, Jobs | 12 Comments

Report: 230,000 Jobs Added to the Economy in October

I could easily spend the entire day ranting about how dumb Americans are, but I’ll share some positive news instead. We’re going to need it. Numbers released this morning by the ADP Research Institute show that 230,000 jobs were created … Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading

Posted in Economy, Election 2014, Jobs | Tagged | 28 Comments

Out of Control Spending

The federal budget deficit has decreased to it’s lowest level since 2007 thanks primarily to economic growth. Furthermore, the federal government also posted a larger surplus, beating most estimates. via Bloomberg Treasury Secretary Jacob J. Lew said the fiscal improvement … Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading

Posted in Economy | Tagged , | 6 Comments

Tax Cut Magic

As you may already be aware, Kansas Governor Sam Brownback’s economic regimen has backfired. Tax cuts signed into law by his administration have left deep holes in the state budget which resulted in cuts to education, among other things. It’s … Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading

Posted in Economy, Taxes | Tagged , , | 7 Comments

Jobless Claims Lowest Since Nearly 2005

via Bloomberg Jobless claims declined by 1,000 to 287,000 in the week ended Oct. 4, a Labor Department report showed today in Washington. The median forecast of 50 economists surveyed by Bloomberg called for 295,000. The four-week average, considered a … Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading

Posted in Economy, Jobs | 3 Comments

Patriotic Outsourcing

Georgia Republican senate candidate David Perdue says he isn’t ashamed that he championed the outsourcing of jobs to China when he was an executive. On the contrary, he’s “proud” of his record on outsourcing and believes it was the patriotic … Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading

Posted in Economy, Georgia | Tagged | 4 Comments

Unemployment Falls to 5.9 Percent, GOP Shrugs

Numbers released today by the Labor Department show that unemployment has fallen to a six-year low. Furthermore, numbers for the previous two months were revised upward. via Bloomberg The 248,000 gain in payrolls last month followed a 180,000 increase in … Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading

Posted in Economy, Jobs | 8 Comments

Unfair Fight

Artist – Rob Rogers In other news, GDP for the second quarter of the year has been revised upward. The economy grew at an annual rate of 4.6 percent, up from 4.2 percent. Meanwhile, it’s possible Dinesh D’Douchebag is an … Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading

Posted in Economy, Open Thread | Tagged , , | 2 Comments

Trump Resorts Declaring Bankruptcy Again

Donald Trump is no longer the chairman of Trump Entertainment Resorts Inc. (he was the chairman during multiple previous bankruptcies), but it’s nevertheless amusing to me that a company bearing his name is once again declaring bankruptcy. Trump Entertainment Resorts … Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading

Posted in Chris Christie, Economy | Tagged , , , | Leave a comment

The Wealth Gap Widens and Paul Ryan Says Cut Taxes

The US Census Bureau published a report today that, not surprisingly, shows that the wealth gap continues to widen. More significantly, it shows that the wealth gap is growing even among individual demographic groups while it also widens between different … Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading

Posted in Economy, Taxes | Tagged , | 4 Comments

Where Are The Jobs?

Apparently the jobs are here. Job openings have reached a 13-year high according to the Labor Department. U.S. employers had 4.7 million job openings on the last business day of June, up from 4.6 million a month earlier, the Labor … Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading Continue reading

Posted in Economy, Jobs | 3 Comments