Last week the Obama Administration issued a report that, in their terms, suggested Democrats’ 2009 stimulus plan “has accomplished much of what it set out to do.”  It is true that Democrats’ trillion-dollar government stimulus plan contributed to the Washington, D.C. area having among the lowest unemployment rates in the nation.  Yet as the chart below shows, the U.S. unemployment rate… Read more

According to The Washington Post, the White House is releasing a new stimulus report today suggesting stimulus is coming in "on time and under budget," causing Administration officials to boast that "the recovery act has accomplished much of what it set out to do."  What that means exactly in the context of a trillion dollar spending spree that promised to create 3.7 million jobs, but has… Read more

September 22, 2010 marks the end of summer and beginning of fall.  So it’s an appropriate time to review the results of Democrats’ “Recovery Summer” for American workers.  In announcing the start of the “Recovery Summer” on June 17, 2010, the White House described it as a “surge in Recovery Act infrastructure projects that will be underway across the country in the coming months – and… Read more

  State Administration Projection of Change in Jobs Through December 2010 Actual Change in Jobs Through August 2010 Alabama +52,000 … Read more

As President Obama proposes tens of billions of dollars in new government stimulus spending, Americans might ask “how effective were trillions of dollars of past government spending in reducing unemployment?”  The answer – not effective at all.  As displayed below, since President Obama took office unemployment has risen by 2.9 million while the debt held by the public was pushed $2.6… Read more

Washington, DC – Ways and Means Ranking Member Dave Camp (R-MI) today issued the following reaction to the August jobs report: “The fact that the unemployment rate has remained this high for this long is completely unacceptable.  The debt is already dragging down our economy and yet Democrats in Washington are talking about more wasteful stimulus spending and even higher taxes.  That… Read more

Today’s unemployment claims data show that a total of 9.7 million people are currently collecting unemployment checks in the U.S.  As the chart below displays, that is well above the 8 million who collected unemployment checks when Democrats forced their trillion-dollar stimulus plan through Congress. Over that same period, the number of people collecting paychecks plunged from 141.7… Read more

While Democrats promised their 2009 stimulus would create 3.7 million jobs, the reality is far different.  To date, 2.6 million jobs - including 2.5 million private sector jobs - have been lost.  The latest data from the Department of Labor shows a total of 48 out of 50 States have lost jobs.  No wonder a Capitol Hill newspaper reported this week that such continued grim labor market… Read more

President Obama heads to Ohio tomorrow to continue to sell his economic “stimulus” plan.  One slight problem though – Americans simply don’t believe his stimulus plan is working.  As Abraham Lincoln famously said, “You can fool some of the people all of the time, and all of the people some of the time, but you cannot fool all of the people all of the time.”  And a quick look at the facts… Read more

Today’s data about first-time claims for unemployment benefits, a key metric of the current health of the labor market, revealed the highest level of initial claims in six months.  Last week, the July jobs report showed the official unemployment rate remaining stuck at 9.5% --the 15th consecutive month above 9%.  But even those grim statistics mask the true depth of despair in the U.S.… Read more