As shown in the chart below, the policies of President Obama and the Democrats who control Washington have failed the American people, forcing millions onto federal disability benefits and food stamps while at the same time destroying almost half a million jobs. Despite these facts, the President again insisted today on increasing taxes on American families and…
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Today, the Ways and Means Committee’s Subcommittees on Human Resources and Select Revenue Measures held a joint hearing to explore how the complexities of today’s welfare and tax systems can discourage Americans from looking for and obtaining a job.
The Subcommittees heard from several experts on welfare and work policies, including the Right…
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The release of two reports today, one from the Business Roundtable and one from the Federal Reserve Board Members, provided Americans with a double dose of bad news for employment prospects in the coming months. The Business Roundtable’s quarterly survey of America’s CEOs showed that the number of CEOs who expect to increase employment in the next 6 months fell by 6 percentage…
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Two years ago, on June 17, 2010, the Obama Administration announced the arrival of what it called “Recovery Summer.” The White House touted it as “the most active Recovery Act season yet, with tens of thousands of projects underway across the country that will help to create jobs for American workers and economic growth for businesses, large and small.” …
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After a disappointing Mother’s Day for female workers, Father’s Day is now fast approaching, and it’s worth considering how men have been faring in the Obama economy. As the graphs below indicate, the answer is not well, especially for men in their prime working years who are the most likely to have young families to support this Father’s Day. The Washington Post…
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After a dismal May jobs report revealing 220,000 more men and women out of work, the Obama Misery Index rose to a record high of 80 percent. The Obama Misery Index measures the rise in unemployment and debt since the beginning of the President's term. The Administration's failed policies and out-of-control spending have led to a 5.6 percent increase in the number of unemployed…
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Today’s jobs report from the Department of Labor shows that the U.S. gained only 69,000 jobs in the month of May. It also marks the 40th consecutive month that the unemployment rate has remained above 8 percent, repudiating the Administration’s pledge that unemployment would remain below 8 percent if their 2009 stimulus plan became law.
Question: If the U.S. continues to…
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As President Obama’s budget director in 2009 and 2010, Peter Orszag implemented a stimulus law that yielded two results – a failure to deliver the jobs promised and two of the largest budget deficits in U.S. history. After leaving the Obama Administration for Wall Street, he now admits the U.S. labor market remains “extremely weak,” even after trillions of dollars in stimulus and…
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324,000 women dropped out of the nation’s civilian labor force in March and April
895,000 married women have dropped out of the labor force since January 2009
The number of women not in the labor force hit an all-time high of 53,321,000 in April
While Mother’s Day is a day that many honor all the women in their lives, it appears this will be an unhappy Mother’s Day for…
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As noted below, the invisible unemployed reflect adults who dropped out of the labor force and adults expected to join the labor force but who did not in the wake of Democrats' trillion-dollar 2009 stimulus plan. If these individuals were in the official labor force, they would be counted as officially unemployed and raise the current 8.1 percent unemployment rate to 11…
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