Advertisements

Tag Archive: Job Creation


Texas Job Growth Outpaces Rest Of U.S. Combined

 

 

 

 

” Since the recession began in December 2007, 1.2 million net jobs have been created in Texas. Only 700,000 net jobs have been created in the other 49 states combined.

  The remarkable employment growth in Texas looks even bigger considering its size relative to the rest of the U.S. Total non-farm employment has grown by 11.5 percent in Texas since December 2007. Employment in the rest of the United States has grown only 0.6 percent. Until September 2014, total employment growth in the rest of the United States since December 2007 was still negative.”

 

Washington Examiner

 

 

 

 

 

 

 

 

 

 

Advertisements

MRUniversity Presents Video 1 of 245 From The Course: Development Economics

 

 

 

” Some basic data on development, both across countries today and through time. We make use in this video of the excellent tool Gapminder made famous by Hans Rosling.”

Read more and take the practice exam at MRUniversity.com

 

 

 

 

 

 

 

 

Barack Obama Has Created More Conservatives Than He Has Jobs

 

 

chart conservative mood us

 

” The latest update of Stimson’s policy mood series suggests that the American public in 2012 was more conservative than at any point since 1952. (Actually, since mood in each year is estimated with some error, it seems safer to say that the current level of conservatism roughly equals the previous highs recorded in 1980 and 1952.) While the slight increase in conservatism from 2011 to 2012 is too small to be significant, it continues a marked trend that began as soon as Barack Obama moved into the White House…

Political pundits often suppose that presidential election outcomes reflect the current and future ideological mood of the country. For example, Obama’s election in 2008 was hailed as the advent of “The New Liberal Order” and cited as evidence that “liberal views have re-emerged with a vengeance.” His reelection in 2012 was even more improbably described as “the most decisive mandate for an assertive, progressive governing model in well over a generation.” In reality, Stimson’s data show, the public was already more conservative than usual in 2008, and a good deal more conservative by 2012.”

 

 

 

 

 

 

 

 

10 Hilarious Examples Of How Clueless Our Leaders Are About The Economy

 

 

” They didn’t see it coming last time either.  Back in 2007, President Bush, Federal Reserve Chairman Ben Bernanke and just about every prominent voice in the financial world were all predicting that we would experience tremendous economic prosperity well into the future.  In fact, as late as January 2008 Bernanke boldly declared that “the Federal Reserve is not currently forecasting a recession.”  At the time, only the “doom and gloomers” were warning that everything was about to fall apart.  And of course we all know what happened.  But just a few short years later, history seems to be repeating itself.  Barack Obama, Federal Reserve Chairman Ben Bernanke and almost every prominent voice in the financial world are all promising that the U.S. “economic recovery” is going to continue even though Europe is coming apart like a 20 dollar suit.  But the economic fundamentals tell a different story.  Our national debt is more than $6,000,000,000,000 larger than it was back in 2008, the number of Americans on food stamps just hit another brand new all-time record, and the bankers up on Wall Street are selling gigantic mountains of the exact same kind of toxic derivatives that caused so much trouble the last time around.  But all of our “leaders” swear that everything is going to be okay.  You can believe them if you want, but denial is not just a river in Egypt, and another crash is inevitably coming.

Sadly, many Americans are not even going to see the crash coming because they still have faith in the “experts”.  They haven’t figured out that the “experts” really do not know what they are doing.

The blind are leading the blind, and in the end the results are going to be absolutely tragic.

The following are 10 hilarious examples of how clueless our leaders are about the economy…

#1 When I first came across the following chart the other day, it made me chuckle.  It is a chart that supposedly tells us the “probability” of a recession, and it was taken from the website of the Federal Reserve Bank of St. Louis.  According to the chart, right now there is a 0.16% chance of a recession… ”

 

Smoothed U.S. Recession Probabilities

 

 

 

 

 

 

 

 

 

 

 

 

—-

Obama’s Jobs Council Shutting Down Thursday

 

 

 

 

” President Barack Obama will let his jobs council expire this week without renewing its charter, winding down one source of input from the business community even as unemployment remains stubbornly high.

When Obama in January 2011 formed his Council on Jobs and Competitiveness, unemployment was hovering above 9 percent. Two years president later, more than 12 million people in the U.S. are out of work. The unemployment rate has improved to 7.8 percent, but both parties agree that’s still too high.

A provision in Obama’s executive order establishing the council says it sunsets on Thursday. A White House official said the president does not plan to extend it.

Officials said the president always intended for the council to fulfill its mission and then wind down, and said that Obama would continue to actively engage and seek input from business leaders about ways to accelerate job-creation and economic growth. Among the steps Obama plans to pursue are expedited permits for infrastructure projects, the White House said.”

 

Glad to know the Jobs Council has fulfilled it’s mission … whatever that was . 

It wasn’t to create jobs that’s for sure … just another re-election ploy .

   From The Looking Spoons

  Measuring how Romney and Obama’s private sector experience stack up …..

image