Bold Colors Blog

Stickin’ it to the libs, one day at a time

Posts Tagged ‘Unemployment’

Seize the perspective

Posted by Liberty on February 17, 2009

From Carpe Diem today:

Early 1980s vs. Now

Here’s a bit of an antidote for my last post about the plummeting stock markets.  It’s important to remember that, while our economy is bad, it certainly has been worse.  Some of us haven’t been around long enough to remember the last severe recession firsthand, so these statistics bear repeating.  In the early 80’s, America was still recovering from the failed presidency of Jimmy Carter.  How about 18.5% interest on your 30 year fixed mortgage?  It really was that bad in 1981.  14.8% inflation in 1980?  And 10.8% unemployment in 1982?  I’m not saying that we’re not headed there under Obama’s socialist policies but for the time being at least, it could be worse.

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Posted in Liberalism, Obama, Socialist economics | Tagged: , , , , , , , | Leave a Comment »

A good point from Carpe Diem–why target these sectors for “stimulus?”

Posted by Liberty on January 30, 2009

$646,214 Per Government Job

“House Democrats propose to spend $550 billion of their two-year, $825 billion ‘stimulus bill’ (the rest of it being tax cuts). Most of the spending is unlikely to be timely or temporary. Strangely, most of it is targeted toward sectors of the economy where unemployment is the lowest.

The December unemployment rate was only 2.3% for government workers and 3.8% in education and health. Unemployment rates in manufacturing and construction, by contrast, were 8.3% and 15.2% respectively. Yet 39% of the $550 billion in the bill would go to state and local governments. Another 17.3% would go to health and education — sectors where relatively secure government jobs are also prevalent.”

As a Conservative, I have no illusions about what this stimulus bill is composed of and why it is being implemented.  But I have to wonder why the average person doesn’t grasp what a sham it is.  I guess because they don’t talk about this kind of thing on American Idol.

Professor Perry’s post has a graph illustrating unemployment by market sector and also a link to the original article by Alan Reynolds at the Cato Institute.

Posted in Bureaucratic ineptitude, Just plain dishonest, Liberalism, Redistribution of wealth, Socialist economics, Stupid legislation | Tagged: , , , , , , | Leave a Comment »

Will Washington’s economy withstand four more years of Gregoire “leadership”?

Posted by Liberty on January 21, 2009

Wash unemployment rate jumps to 7.1 percent in Dec

“Washington’s unemployment rate jumped to 7.1 percent last month, the largest one month increase in more than three decades.”

Gregoire pushes cap-and-trade bill

“A cap would be placed on the amount of carbon dioxide emissions that companies release, and companies would be required to buy permits in order to emit at the acceptable level. Companies also could auction off their permits between each other, creating their own market system.”

Good thinking, Queen Christine!  Let’s make doing business in Washington State even more expensive.  All based on the flawed theory of man-made global warming.  Way to go.  Oh and isn’t it ironic that a “market system” would be great for auctioning these worthless carbon emission permits but the free market can’t be permitted to work in ways that would really help Washingtonians?  How about a free market for health insurance?

Posted in Arrogant politicians, Environlunacy, Liberalism, Social engineering, Stupid legislation, Washington State | Tagged: , , , , | Leave a Comment »

A solution to joblessness that doesn’t involve a government hand-out!

Posted by Liberty on November 13, 2008

Kudos to the New Jersey Nets NBA team for giving their unemployed fans a hand up!

Nets Offer Unemployed Fans Free Tickets and Resume Placement with Team Sponsors

Posted in Positive News | Tagged: , | Leave a Comment »