Press Releases

 

Entries in Recession (73)

Wednesday
Jan082014

ALG - Six Senate Republicans vote to expand unemployment benefits 

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Jan. 7, 2014, Fairfax, Va.—Americans for Limited Government President Nathan Mehrens today issued the following statement condemning Senate action to extend unemployment benefits by $6.4 billion for 3 months, including the votes of six Republican senators, Kelly Ayotte (N.H.), Lisa Murkowski (Alaska), Susan Collins (Maine), Bob Portman (Ohio), Dean Heller (Nev.), and Dan Coats (Ind.) who helped Democrats get to the 60 votes necessary to invoke cloture:

"These six Senate Republicans that voted with Democrats to extend unemployment benefits are doing nothing to lift the economy out of its continued doldrums, and are only feeding the Obama Administration's class warfare agenda. Instead of treating the symptoms, it is time to begin undoing the policies that are really holding the economy back and preventing people from finding work.

"It has been six years since the financial crisis and the recession that followed, and yet here we are still acting as if it is 2008. In total unemployment benefits have been extended 11 times since 2008. Meanwhile, the government has done nothing to get out of the way of the economy and let it grow.

"Instead, Washington, D.C. has piled on an excess of regulations via the EPA's carbon endangerment finding, new industry takeovers via Obamacare and Dodd-Frank, and a diversion of investment resources away from the private sector to government bonds by running such high deficits."

To view online: http://getliberty.org/six-senate-republicans-vote-to-expand-unemployment-benefits/

 

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Americans for Limited Government is a non-partisan, nationwide network committed to advancing free market reforms, private property rights and core American liberties. For more information on ALG please visit our website at www.GetLiberty.org.

Thursday
Nov142013

ALG's Daily Grind - Clinton to the right of House Republicans on keeping existing insurance plans 

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Nov. 13, 2013

Clinton to the right of House Republicans on keeping existing insurance plans
Former president offers that everyone should be allowed to keep your health plan permanently. Meanwhile, House Republicans only are pushing for legislation letting you keep your plan for up to a year — maybe.

Climate Depot debunks hype linking Philippines typhoon to warming
Marc Morano shows that while Haiyan/Yolanda was a large typhoon which caused real damage to lives and property, there is nothing historically unique about it.  

The season of discontent
According to realclearpolitics.com polling averages 70.9 percent of Americans believe the nation is going in the wrong direction.

Hussman: A Textbook Pre-Crash Bubble
"We doubt that the perception that an easy Fed can hold stock prices up will be any more durable in the next couple of years than it was in the 2000-2002 decline or the 2007-2009 decline — both periods of persistent and aggressive Fed easing." 

Tuesday
Sep102013

House Republican Conference - VIDEO RELEASE: New Normal? 

Good morning,

Last week’s jobs report indicated more of the same for the American people with the economy continuing on a sluggish path. While the unemployment rate dropped to 7.3%, it dropped for all the wrong reasons with the labor force participation rate dropping to its lowest level since 1978. To make matters worse, we also learned that the President’s economy added fewer jobs in July than previously thought. The House Republican Conference is out with a new video this morning asking the question, “Is this the new normal?” Please take a moment to watch and share this video with your readers.

Watch the Full Video Here

Thanks,

John Wittman

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Deputy Press Secretary for Digital Media

Saturday
Sep072013

ALG - More than half a million leave labor force in our sick economy

Sept. 6, 2013, Fairfax, Va.—Americans for Limited Government President Nathan Mehrens today issued the following statement in response to the latest job numbers:

"More than half a million more Americans are not in the labor force in August than in July.  The labor participation rate has dipped to levels last seen when Jimmy Carter was president in 1978.  No matter the happy talk about a lower unemployment rate, Americans are continuing to lose the expectation that they will find a full-time career.  Now, on top of this abandonment of the workforce by many potential employees, job creators are staring of down the barrel of the implementation of Obamacare unless the House of Representatives acts decisively to stop the law in its tracks by defunding it this month.

"Our economy is sick and the American workforce has become increasingly discouraged.  The myth that the declining participation rate is found in the aging population is dispelled in the boomerang college kids who are graduating from college and returning to their parent's homes due to lack of opportunity.  It is time for the government to finally wake up and stop the regulatory assault on job creation that has had the perverse effect of stripping potential worker's hope of ever finding a career."

To view online: http://getliberty.org/more-than-half-a-million-leave-labor-force-in-our-sick-economy/

Attachments:

"Labor force participation continues to drop," By ALG Senior Editor Robert Romano, Aug. 30, 2013 at http://netrightdaily.com/2013/08/little-to-celebrate-this-laborless-day/

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Americans for Limited Government is a non-partisan, nationwide network committed to advancing free market reforms, private property rights and core American liberties. For more information on ALG please visit our website at www.GetLiberty.org.

 

Wednesday
Jul102013

ALG's Daily Grind - Credit contraction, not austerity, cause of euro woes

July 9, 2013

Credit contraction, not austerity, cause of euro woes

In problem countries Portugal, Italy, Ireland, Greece, Spain, and Cyprus, credit outstanding — all debts public and private — is contracting. GDP and unemployment have followed suit.

Cartoon: In tow

Does Obama's energy policy need a lift?

IRS scandal makes the fire hot to deal with tax reform

The only way to fix the IRS is to slash it, and the only way to slash the IRS is to simplify the tax code. 

Fahrenthold: One grower's grapes of wrath

California raisin farmer fined $650,000 by Agriculture Department takes on New Deal relic program to warehouse surplus raisins.