Thursday, September 9, 2010

GOVERNMENT MADE FIGURES UP

According to this Bloomberg Article (Jobless Claims in U.S. Decreased 27,000 to 451,000 Last Week)Unemployment figures had to be estimated for nine (9) states.
For the latest reporting week, nine states didn’t file claims data to the Labor Department in Washington because of the federal holiday earlier this week, a Labor Department official told reporters. As a result, California and Virginia estimated their figures and the U.S. government estimated the other seven, the official said.
Hopefully the estimators are better than the ones who said ObomaCare would reduce the Deficit!

Why didn't they just postpone the announcement of the figures until the actual figures could be made available?

Monday, September 6, 2010

WHO'S RACIST????

Mary Frances Berry is former chairman of the U.S. Commission on Civil Rights. Currently the Geraldine R. Segal Professor of American Social Thought and History at the University of Pennsylvania said this about the Democrats use of the label "Racist" in reference to the Tea Party Movement.
Tainting the tea party movement with the charge of racism is proving to be an effective strategy for Democrats. There is no evidence that tea party adherents are any more racist than other Republicans, and indeed many other Americans. But getting them to spend their time purging their ranks and having candidates distance themselves should help Democrats win in November. Having one’s opponent rebut charges of racism is far better than discussing joblessness. [Emphasis Mine]

Friday, September 3, 2010

YOUR TAX BILL IS GOING UP...UNLESS

120 Days to Go Until the Largest Tax Hikes in History describes the Federal Tax Increases unless Congress enacts new legislation by December 31, 2010.

In addition, the states have designs on your income through their own Tax Measures. New Report Outlines Significant State Tax Changes in 2010

What can you do about it? Exercise your right to vote. When voting, consider your choices carefully.

UPDATE: Here is a table of how the Bush Tax Cuts impacts each State and Congressional district. Effect of Expiration of Bush-Era Tax Cuts on Average Middle-Income Family, by State and Congressional District