While President Obama talks about reining in the deficit, government debt has grown by $3.4 trillion during the first 29 months of his Administration – the equivalent of about $4 billion per day. In addition to forcing a showdown on the debt limit, this massive debt is weighing heavily on job creation, contributing to an unemployment ...
Source: Department of Labor unemployment rate
Rhetoric "Who is to blame for our debt crisis? 'The U.S. government cannot default on its debt, largely accrued by President George W. Bush,' Pelosi said." FactsDuring ...
The bad news on the economic front continued this morning when the Department of Labor announced that 429,000 more Americans applied for unemployment benefits last week – joining the nearly 14 million Americans already without a job. Thursday’s initial unemployment insurance claims numbers ...
On the heels of recent reports and a New York Times article detailing the economic challenges facing small businesses, the Department of Labor released
Yesterday, the U.S. Chamber of Commerce unveiled www.TradeSupportsJobs.com, a website highlighting U.S. exports and the jobs they create for all 50 states and all 435 Congressional Districts, reinforcing the need to act now on the pending trade agreements with Colombia, Panama, and ...
Despite calling small business the “anchors of our Main Streets,” economic data released today make it clear that the policies of the Obama Administration have left small business treading in rough waters. In its monthly
"I am concerned about the fact that the recovery that we're on is not producing jobs as quickly as I want it to happen," Obama said at an appearance with visiting German Chancellor Angela Merkel. "We don't yet know whether this is a ...
February 17, 2011, marks the second anniversary of President Obama’s signing into law the Democrats’ failed stimulus plan. At the time, the President predicted that “it will create or save 3.5 million jobs over the ...
THEN (April 4, 2010): Administration officials say growing labor force is “a great sign.”Behind the high unemployment rate, "there's just been a tremendous increase in the labor force," Christina Romer, chairman of the president's Council of Economic Advisers, said on NBC's ...