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

Richard Penney February 6, 2012
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 [...]

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Economy, Politics & Government, The Media - Tags: Barack Obama, mainstream media, the media, unemployment, United States Department of Labor

Misery Index Highest in 28 years – 2 Takeaways

Richard Penney June 18, 2011
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 [...]

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Economy, Politics & Government - Tags: Federal Reserve System, Misery Index, Politics & Government, unemployment, Wall Street

The Effects of Extending Unemployment Benefits In Real Life

Richard Penney December 6, 2010
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 [...]

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Economy - Tags: Google Insights, Google Trends, unemployment, unemployment benefits

United Welfare State of America

Richard Penney December 6, 2010
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 [...]

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Society - Tags: Barack Obama, democrat, GOP, income taxes, middle class, taxes, Tyranny, unemployment, unemployment benefits, welfare, welfare state

The Problem With President Obama’s Economic Solutions

Richard Penney September 7, 2010
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 [...]

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Economy - Tags: Barack Obama, Business, economy, stimulus, unemployment

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