obamanomics (page 4)

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    Headline: ‘Economy Adds Fewer Jobs Than Expected’

    Story per The Wall Street Journal: U.S. payrolls increased by a seasonally adjusted 96,000 jobs last month, the Labor Department said Friday. The politically important unemployment rate, obtained by a separate survey of U.S. households, fell to 8.1% from 8.3%, mainly because of more people dropping out of…
    Jon Sanders, September 7, 2012
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    Election-year media la-la land: Where deciding not to raise taxes after all is reported as “cutting taxes”

    The Associated Press headline: Obama urges tax cuts for families under $250,000 Obama is doing no such thing. All he is doing is proposing to delay for a year his desire to “end” the “Bush tax cuts”; i.e., hike taxes on families under $250,000. It’s a shame that the…
    Jon Sanders, July 9, 2012
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    Surprise of the day: Media economists caught off-guard by yet another jobs report

    Bloomberg provides the eminently expected and by now pretty much boilerplate headline: Jobless Claims in U.S. Unexpectedly Rose Last Week…
    Jon Sanders, June 14, 2012
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    Graphic colossal economic folly, June 2012 edition

    Bless you, James Pethokoukis. Look at all his additions to the Obama administration’s 2009 graph showing its predicted unemployment picture with and without the stimulus plan:   This chart from CalculatedRisk, to which Pethokoukis linked, is rather alarming:   Pethokoukis is updating his…
    Jon Sanders, June 1, 2012
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    Today’s jobs report: nnnnobody expected it

    A typical article today: WASHINGTON (Reuters) – Job growth braked sharply in May and the unemployment rate rose for the first time since June, putting pressure on the Federal Reserve to ease monetary policy further to shore up the sputtering recovery. The Labor Department report on Friday, which showed…
    Jon Sanders, June 1, 2012
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    Slow economy growth is slower than expected

    The spin is that of hey, glory be, growth! and NPR does its duty above and beyond the call of water carrier (“Is Slow Growth Actually Good for the Economy?”), but nevertheless, I’ve said it before:…
    Jon Sanders, April 27, 2012
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    ‘Rick Warren Schools President Obama on Freedom’

    Kathryn Jean Lopez at NRO adds more on Rick Warren’s interview with ABC’s Jake Tapper (which Sanera posted about this morning). Tapper asked if the president was right in certain remarks (which, incidentally, were made at the annual prayer breakfast; the president twisted the biblical injunction to care for…
    Jon Sanders, April 9, 2012
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    The Anti-Energy President vs. the Poor

    “The policy of the Obama administration has been not to increase the energy supplies that are so critical to our nation’s economic health, but to limit them, to increase energy prices, and to make energy more expensive,” Pete DuPont writes today in The Wall Street Journal. DuPont lists several…
    Jon Sanders, March 30, 2012