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February 1, 2012
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Today, groups representing thousands of employers across the nation wrote a letter in support of the unemployment insurance reforms Republicans included in H.R. 3630, “The Middle Class Tax Relief and Job Creation Act,” that help the unemployed get back into the workforce, promote state flexibility a...
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February 1, 2012
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In today’s meeting of the Conferees for H.R. 3630, the “Middle Class Tax Relief and Job Creation Act,” Democrat Conferees spoke in opposition to the education provision in the House-passed bill. The provision requires those receiving unemployment insurance to make progress toward a GED if they have ...
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January 26, 2012
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On January 24, 2012, the President said in his annual State of the Union Address: “This is a make or break moment for the middle class, and all those who are fighting to get into the middle class.” Throughout his address, the President outlined his ideas for “helping” the middle class. The words may...
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January 25, 2012
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Last night President Obama had this to say about the importance of completing high school for teenagers: “We also know that when students aren’t allowed to walk away from their education, more of them walk the stage to get their diploma. So tonight, I call on every State to require that all students...
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January 6, 2012
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Then In a November 30, 2003 New York Times op-ed titled “The Unemployment Myth,” former Obama chief economist Austan Goolsbee argued that “the government has cooked the books…in order to reduce the unemployment rate.” How? By failing to count “the invisible unemployed” among the official unemployed....
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December 15, 2011
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Today’s Fiscal Times features a round-up of a bipartisan group of economic, political and public policy experts who issued their 2012 report card on President Obama’s handling of the economy, giving the President an average grade of C-minus. The survey echoes the sentiment of the American people, al...
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December 2, 2011
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In January 2009, the President’s economic advisors projected that his trillion-dollar stimulus plan would keep unemployment from rising above 8 percent, and the unemployment rate would be 6.2 percent today. Instead, we’ve now had 34 consecutive months of unemployment above 8 percent, and the current...
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November 10, 2011
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Much attention has been given to President Obama’s continued “focus” on passage of the American Jobs Act. As others have noted, looking back it seems that while the Obama Administration’s “focus” on job creation and their trillion dollar failed stimulus has received a lot of coverage for almost 3 ye...
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November 9, 2011
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Two surveys this week, one from the business research firm Sage North America and one from the National Federation of Independent Business (NFIB), offer yet more proof that the Obama Administration’s stimulus and the Senate Democrats’ refusal to pass 22 bipartisan House-passed jobs bills have result...
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November 3, 2011
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President Obama this week said Americans are better off due to his policies: "I think that we are better off now than we would have been if I hadn't taken all the steps that we took." The facts, and the experience of 14 million unemployed Americans, tell a different story. As the chart below display...
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COMMITTEE on WAYS and MEANS