Is Unemployment Really Down or Just A Fairy Tale ? A Lesson About Economic Reports & Media Tactics.

English: United States mean duration of unempl...

So, there was a big ol’ celebration last week among the political class and the media.  It was all over the headlines. 8.3%…8.3%…unemployment is down to 8.3%!! President Obama was strutting. The shill media was, too.   Obama even gloated about what a fantastic job he’s done.  After this apparently amazing economic achievement, President Obama told congress not to muck it [...]

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Misery Index Highest in 28 years – 2 Takeaways

Ben Bernanke (lower-right), Chairman of the Fe...

In a recent CNBC.com article, it states that the misery index is the highest (worst)  its been in 28 years.  That was interesting to me for 2 reasons. Misery Index High? What Would You Expect? Why would anyone be surprised that a misery index would be high?  What do you expect the Americans to feel like?  A   group of people [...]

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Real Life Effects of Extending Unemployment Benefits

unemployment benefits extended and human reaction

Here are some real life examples of human behavior relating to extending unemployment benefits.  As you will see, there is an interesting relationship between people’s behavior and the extension of unemployment benefits. Let’s take a look. Real Life Examples of Human Behavior Regarding Extension of Unemployment Benefits In this example, you will see a  graph representing traffic on a company [...]

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United Welfare State of America

U.S. Capital Building

The United Welfare State of America?  Hello, folks. Welcome to the United Welfare State of America. Tonight President Barack Obama made an announcement that more or less was a crystal clear picture of how screwed up America has become. The announcement was a bipartisan deal made by the dumb party and the evil party (you decide which is which). The [...]

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The Problem With President Obama’s Economic Solutions

President Barack Obama confers with Federal Re...

President Barack Obama has proposed another economic “solution”.  What is his proposal? Spending President Obama’s Consistent Theme This is no surprise. This is a consistent theme for President Obama’s economic policy. He has long been selling the value of stimulus (fancy word for spending money we don’t have).  What do we have to show for it?  The US has a [...]

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