Tag Archives: Unemployment

Bell Curve Underwater

It isn’t what mathematicians, or engineers, would really call “normal.”

But the Chart of the Year (as Hot Air puts it) it certainly does resemble an approximate, upside down Bell Curve.

Here’s what it really striking that I noticed (and I’m quite sure this is the point H/A was getting at). The current plot line, lowest red curve and to the right of the center vertical line, actually started to swing upwards then fell back and starts sweeping up in a different slope.

It doesn’t give the sense it will be soon, when and if it would symbolize a return to a healthy economy.

Not that I am giving any credence to Bernanke’s approach to his job. Far from it. Heaven’s no.

Another Stimulus

Just wait now. This is a result of the ‘compromise’ on the tax cut issue and the 99ers (soon to be renamed).

From the article:

The amount of money pumped into the ailing economy: about $900 billion over years.

Subtract the $400 billion cost of the Bush tax cuts. Subtract another $140 billion or so, which is the cost of extending the Alternative Minimum Tax patch (and almost certainly would have happened regardless). You’re then left with more than $300 billion in net stimulus over two years.

So It’s Going To Be His Fault

Report: Obama Threatens To Veto Compromise Deal on Bush Tax Cuts If Extension of Unemployment Benefits is Not Included

So much for being “open to compromise”, eh, POTUS?

Well Then Why Didn’t You?

We could have let economy fall and been in majority for 40 years

Sure, hindsight being 20/20 and all. Riiiight.

Twits. You knew nothing of the consequences then, you still know nothing of the consequences now.

UPDATE: DANGER MORE JOBS TO BE LOST

Drilling moratorium may prove to be an industry killer.

And that’s not all. How about the rest of us, being held hostage by other countries – drilling off our own shores?

UPDATE: As I suspected.

REPUBLICAN SENATORS BLOCKED DEMOCRAT’S TAX HIKES

WASHINGTON (AP) – Senate Republicans blocked legislation Saturday to let upper-income tax cuts expire on Jan. 1, a showdown scripted by Democrats eager to showcase GOP lawmakers as defenders of millionaires.

“Do we want to extend those tax breaks for millionaires and billionaires at a time of huge deficits. I would argue vociferously we shouldn’t,” said Sen. Chuck Schumer, D-N.Y., shortly before the votes.

Republicans countered that no taxes should be raised at a time the economy is recovering from a recession. “It is the most astounding theory I have ever seen, raise taxes to create jobs,” said Sen. John Thune of South Dakota.

Both measures would have extended expiring cuts for the middle class.

Ironically, the votes were widely seen as a prelude to a possible agreement next week between the White House and congressional leaders on legislation that would avert tax increases at all income levels, as Republicans want.

MORE

UPDATEx2: Dream Act Will Not Die

UPDATEx2: Again, Michelle Malkin brings to our attention tomorrow’s likely nightmare vote (aka, DREAM Act).
I URGE YOU TO READ THROUGH IT. Especially interesting is the ist of ‘misdemeanors’ this DREAM Act will erase.
A few:
Examples of misdemeanors in California:
(1) Assault, CPC § 240
(2) Battery, CPC § 242
(3) Domestic Violence, CPC § 273.5
(4) Criminal Threats/Harassment, CPC § 244
(5) Reckless driving, CVC § 23103
(6) Possession of Firearms, CPC § 12020


An excellent status update by Michelle Malkin.

Be sure to remember those that vote for this – and vote them out come 2011 or 2013.

UPDATE: The cost of this DREAM Act is estimated to be near $6.2B.

Illegal Alien Amnesty By Legislative Fiat

As best told by Michelle Malkin.

And guess who the latest sponsor of a deportation waiver is?

California Democrat Sen. Dianne Feinstein.

Now isn’t she just special?

UPDATE: First Lame Duck

Maybe not the first, but it seems while she is still Speaker of the House, NP wants to pass the Dream Act.

And Reid. And POTUS. (Don’t act so surprised. As if we don’t have enough to pay for.)

What say you?

I say, no way.

“A” For Trying?

Or, are they beating their heads against the wall (so they get us to do the same)?

Fed Will Buy $600 Billion in Debt, Hoping to Spur Growth

This “regime” isn’t over yet, folks.