During last week’s State of the Union, President Obama called on Congress to raise the federal minimum wage from $7.25 to $9 per hour. This is the kind of low-hanging fruit that political careers used to be built upon, but in Washington today every issue is a struggle of titanic proportions. President Obama’s commonsense proposal was met with raucous applause in Congress, before being summarily and roundly chastised by the Republican Party and its media affiliates. Continue reading
The WordPress.com stats helper monkeys prepared a 2012 annual report for this blog.
Here’s an excerpt:
600 people reached the top of Mt. Everest in 2012. This blog got about 2,600 views in 2012. If every person who reached the top of Mt. Everest viewed this blog, it would have taken 4 years to get that many views.
The time has come for another economic stimulus. It is the right decision to boost our modest growth and job creation figures, and it is the step being embraced by the world’s second and third largest economies: China and Japan, respectively. Continue reading
It seems as if fiscal cliff negotiations between congressional Republicans and Democrats will likely spill over into the holiday season. House Speaker John Boehner (R-OH) told members of his congressional caucus not to make plans to go home for the holidays, according to The Huffington Post. Continue reading
With so many Americans taking positions for or against Democratic and Republican fiscal positions, the time has come to consider one that nobody is discussing: economic stimulus. Continue reading
The national unemployment rate in the United States as of December 7, 2012 is
7.7 percent and the economy created 146,000 jobs in the month of November,
according to the Bureau of Labor Statistics (BLS). This the lowest monthly rolling unemployment figure since December 2008 and officially the lowest rate of the Obama administration – many pundits had expect the rate to climb toward 8.0. Continue reading