A Las Vegas company has laid off 22 employees in the aftermath of Obama’s victory Tuesday night. The reason for the layoffs? The tax burden and regulations from Obamacare: “I’ve done my share of educating my employees. I never tell them which way to vote. I believe in the free system we have, I believe in the right to choose [...]
Cartoon by A.F. Branco NRD Editor’s Note: As always, you may reprint this cartoon anywhere you please, but we ask that you provide a link back to this source. To see more cartoons, click here.
By Bill Wilson — In his acceptance speech for the Republican nomination, Mitt Romney promised if elected the economy would create 12 million jobs in his first four years in office. Considering we are presently in the worst jobs market since the Great Depression, with the longest period of high, sustained unemployment in 80 years, he’s got his work cut [...]
By Rick Manning — The faces of Labor Day are different in 2012 than they have been in the past, all 23 million of them. The traditional end of summer is greeted with cookouts, last splashes in the swimming pool, and final trips to the beach, but it is something much more in this election year. Labor Day is a [...]
Cartoon by William Warren NRD Editor’s Note: As always, you may reprint this cartoon anywhere you please, but we ask that you provide a link back to this source. To see more cartoons, click here.
The unemployment rate held steady at 8.2% with only 80,000 jobs added in the month of June–a number lower than the Obama administration had been peddling. ALG President Bill Wilson had this to say on the dismal report: “The only really good news out of the just released unemployment report is that it wasn’t worse. When you look behind the [...]
in Featured, Politics
By Rick Manning — Short, understandable economic quips often define presidential campaigns for second terms in office which are inherently about whether or not to fire the sitting president. James Carville’s famous, “It’s the economy, stupid,” line both reflected the views of a majority of voters and narrowed the 1992 election fight between President George H.W. Bush and Governor Bill [...]
By Rick Manning — “The private sector’s doing fine,” said Barack Obama. People are wondering what planet is the president on? However, the statement is a revelation into the thinking of the president and the left as a whole. The truth is that this president is concerned that the number of state and local public employees has decreased as these government’s [...]
in Economy, Featured
By Bill Wilson — With Europe on the precipice, China visibly contracting, and things slowing here in the U.S. too, the headwinds in the current global economy are something fierce. It is likely Greece will soon exit the Euro, and take with it perhaps the entire 17-member currency bloc. This could touch off another financial crisis that will perhaps make [...]
in Economy, Featured
By Bill Wilson — The private sector is not doing just fine. It is growing, just barely, in spite of Obama and his policies. Obama lauds the 4 million private sector jobs created in the establishment survey, but that is just happy talk. That is not recovering nearly fast enough to retrieve the 8 million jobs that were lost in [...]