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The Obamacare Chronicles: 129 laid off from Missouri hospital due to wonderful new health bill

Posted by: Phineas on May 15, 2013 at 1:01 pm » 3 Comments

**Posted by Phineas At this point, there’s not much we can do about it, folks. Losing a Supreme Court decision and the 2012 election guarantees that Obamacare will go into full effect on January 1st, 2014 – Happy New Year! All we can do for now is observe and take note of the pain (some of […]

 

The April jobs report and the part-time recovery

Posted by: Phineas on May 3, 2013 at 3:15 pm » 5 Comments

**Posted by Phineas The Bureau of Labor Statistics released it’s report for April today, showing numbers that should at least be slightly good news for the administration: unemployment down to 7.5% and 165,000 jobs added. Recovery!! AEI’s James Pethokoukis says “not so fast:” US job growth in April beat economist expectations as nonfarm payrolls rose 165,000, and the […]

 

New maker of Twinkies: Non-union workers will be used to restart plants

Posted by: ST on April 24, 2013 at 7:03 pm » 8 Comments

Let the OUTRAGE!!!!!!! begin: The company that bought the Twinkie, HoHo and Ding Dong brands out of bankruptcy is gearing up to reopen plants and hire workers, but it won’t be using union labor. Hostess Brands LLC—Metropoulos & Co. and Apollo Global Management LLC’s APO -2.11% new incarnation of the baking company that liquidated in […]

 

AP: Economy “recovering”, but unemployed giving up on the job market in droves

Posted by: ST on April 7, 2013 at 11:44 am » 4 Comments

The whole article paints a distinctly dismal picture of what the job market looks like right now, but the Associated Press still manages to twist the state of unemployment affairs and the jobs situation as a “recovery”, an “improving economy” (bolded emphasis added by me): WASHINGTON –  After a full year of fruitless job hunting, […]

 

Quote of the Day: Doing business in Texas vs. California edition

Posted by: Phineas on April 1, 2013 at 1:01 pm » 5 Comments

**Posted by Phineas An observation on why Texas might have more appeal to business owners, from John Harrington, owner of Shield Tactical, who recently relocated his company from Orange County, California, to Austin: In Texas, he said, “it’s an iota of bureaucracy.” In California, “it’s like before you put up your range you have to […]

 

Bad news for Dems: On the economy, Obama’s advantage over GOP is gone

Posted by: ST on March 24, 2013 at 10:32 am » 4 Comments

So reports Micah Cohen at the NYT’s 538 blog (hat tip): During the debate over the so-called fiscal cliff in December, public opinion surveys showed more Americans trusted President Obama than trusted Republicans in Congress when it came to handling the nation’s economy. The New Year’s Day deal to avoid going over the cliff, which included higher marginal tax rates […]

 

Oregon’s SoloPower: Another taxpayer-backed green energy program about to go bust?

Posted by: ST on March 20, 2013 at 6:16 pm » 3 Comments

Fox News reports on a story we’ve heard all too often the last several years – about the failure of a taxpayer-funded “green energy” business to the point of having to lay off workers due to poor sales/structure (bolded emphasis added by me): When Solyndra went bankrupt and cost taxpayers up to $530 million, the […]

 

NC Five Guys franchise holder: ObamaCare costs will be passed on to consumers

Posted by: ST on March 12, 2013 at 11:00 am » 7 Comments

Gee, what a surprise. Not. Via the Washington Examiner’s Paul Bedard (bolded emphasis added by me): The fight over Obamacare, so far held at the 30,000-foot level, is about to hit home. The latest impact hot off the grill: prices of burgers and hot dogs at Five Guys, the national chain that started in Washington, […]

 

Federal Reserve: Fears over ObamaCare are causing employers to lay off workers

Posted by: ST on March 7, 2013 at 2:07 pm » 3 Comments

Duh: The Federal Reserve on Wednesday released an edition of its so-called “beige book,” that said the 2010 healthcare law is being cited as a reason for layoffs and a slowdown in hiring. “Employers in several Districts cited the unknown effects of the Affordable Care Act as reasons for planned layoffs and reluctance to hire […]

 

Huzzah!! Another @BarackObama milestone!

Posted by: Phineas on February 25, 2013 at 12:01 pm » 6 Comments

**Posted by Phineas Admit it, you’re impressed: (Larger version) That’s right, kiddies: we’ve had more high unemployment under Barack Obama than under any president since Harry S. Truman… combined. Well done, sir. Well done. But, still, his fans are happy: Sigh. via Denis through AH Malcolm (Crossposted at Public Secrets)