Speaking for the Obama Administration, Vice President Biden last week insisted that “We know how to create jobs, and we know how to balance the budget. If I hear one more Republican tell me about balancing the budget, I am going to strangle them."  Meanwhile, the Obama Misery Index – which measures the rise in unemployment and debt since the Obama Administration began – reached a new… Read more

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

Washington, DC - Income Security and Family Support Ranking Member John Linder (R- GA)  released the following statement in reaction to today’s income and poverty report confirming the number of Americans living in poverty increased by 3.8 million between 2008 and 2009, as the recession deepened and millions lost their jobs.  This rise was despite the fact that record numbers of Americans… 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

Aug. 23 (Bloomberg) -- Initial claims for unemployment benefits surged to 500,000 in mid-August, a level more typical of a recession than a recovery. The bad news confirmed what conservative economists have been saying for some time: The biggest Keynesian stimulus in U.S. history was a bust. Incredibly, some Keynesians who supported Barack Obama’s $862 billion stimulus now claim it fell… Read more