Press Releases

 

Entries in Recession (76)

Friday
Apr052013

ALG - Unemployment rate drops as 663,000 abandon workforce 

April 5, 2013, Fairfax, VA—Americans for Limited Government President Bill Wilson today issued the following statement on the latest job numbers:

"663,000 Americans dropped out of the workforce last month.  206,000 fewer Americans were employed.  290,000 more Americans were unemployed.

"Yet, the headline will be that the unemployment rate dropped in March to 7.6 percent.

"Never has the lie of the improving Obama economy ever been more starkly revealed than in today's March unemployment report, where the consequences of the destruction of the American workforce by policies that promote government dependence over work are hidden behind a statistical drop in the percentage of workers who are unemployed.

"At this rate, Obama may just make history by achieving a 0 percent unemployment rate because nobody's in the workforce. You might just call that full unemployment. "

To view online: http://getliberty.org/unemployment-rate-drops-as-663000-abandon-workforce/

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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 call us at 703-383-0880 or visit our website at www.GetLiberty.org.

 

Saturday
Mar092013

ALG - Positive job growth doesn't stem workforce participation collapse 

Labor Participation has not been this bad since 1981

March 8, 2013, Fairfax, VA—Americans for Limited Government President Bill Wilson today issued the following statement in response to the latest job numbers:

"Private employers continue to move forward in creating jobs in spite of regulatory headwinds and higher taxes.  Incredibly, while the number of jobs created by the private economy continues to grow, the number of people who are abandoning the workplace also continues to accelerate.  In February alone, almost 300,000 more workers left the workforce and the percentage of workers in the labor force dropped to its lowest level since 1981 at 63.5 percent.

"It is stunning that in spite of running a consistent trillion dollar plus deficit, with the Federal Reserve propping up the housing sector to the tune of $40 billion a month, that we are still seeing a mass exodus from the workforce by Americans in Obama's economy.  In fact, almost twice as many Americans just said no to the Obama economy than got jobs in February.  This stark rejection of hope for a better future by so many, stands as a bright red warning sign about our economy's long-term future."

To view online: http://getliberty.org/positive-job-growth-doesnt-stem-workforce-participation-collapse/

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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 call us at 703-383-0880 or visit our website at www.GetLiberty.org.

Friday
Feb012013

CEI Today: Cancer risk from foam cups?, the growing irrelevance of US climate policy, and the regulatory recession

CANCER RISK - ANGELA LOGOMASINI

Openmarket.org:
Cancer Risks Unlikely From Foam Cups


Whatever happened to plastic foam coffee cups? Visit any to-go coffee shop and you will most likely only find paper cups that burn your hands and let your coffee go cold.


Cups made with polystyrene foam are disappearing from the marketplace because a bevy of misinformation about their environmental effects, including claims styrene — the chemical used to make them — is a carcinogen.  > Read the full commentary on Openmarket.org

> Interview Angela Logomasini

GLOBAL WARMING - MARLO LEWIS

 

Globalwarming.org: The Growing Irrelevance of U.S. Climate Policy

 

The world will burn around 1.2 billion more tons of coal per year in 2017 than it does today — an amount equal to the current coal consumption of Russia and the United States combined.

Today’s Climatewire (subscription required) summarizes data and projections from the U.S. Energy Information Administration (EIA) and the Paris-based International Energy Agency (IEA) from which we may conclude that EPA regulation of greenhouse gases (GHGs) is increasingly irrelevant to global climate change even if one accepts agency’s view of climate science.


Basically, it all comes down to the fact that China’s huge and increasing coal consumption overwhelms any reduction in carbon dioxide (CO2) emissions the EPA might achieve.  > Read the full commenary on Globalwarming.org

 

> Interview Marlo Lewis

REGULATORY CLIFF - JOHN BERLAU

Openmarket.org: The Coming Regulatory Recession?

The Bureau of Economic Analysis of the U.S. Department of Commerce reported the stunning news the U.S. economy actually contracted by 0.1 percent in the fourth quarter of 2012. The immediate response by many politicians and the establishment media was to blame spending cuts, or the threat of them, rather than even look at the dramatic increase in regulation over the last few years.  > Read the full comment on Openmarket.org

 

> Interview John Berlau

 

 

CEI is a non-profit, non-partisan public policy group dedicated to the principles of free enterprise and limited government.  For more information about CEI, please visit our website, cei.org, and blogs, Globalwarming.org and OpenMarket.org.  Follow CEI on Twitter! Twitter.com/ceidotorg.

Sunday
Dec162012

ALG's Daily Grind - Will QE4Ever prolong the recession? 

Dec. 14, 2012

Will QE4Ever prolong the recession?

Hong Kong Monetary Authority chief Norman Chan: It is possible the process of deleveraging, necessary for a recovery, is being disrupted by quantitative easing.

Cartoon: The Slain Dragon

Big Labor roars after defeat in Michigan.

Obamacare state exchanges suffer outright rejection by half the states

By close of business on Friday, the Obamacare employer mandate might be legally unenforceable in 33 states representing 65 percent of the U.S. population.

USA Today: Unions' woes are largely of their own making

"Public-sector unions have all but declared war on the general public. In many cases, they have induced lawmakers to put their states and localities on a path to insolvency by approving massive, unfunded pension and retiree health care obligations."

Saturday
Dec012012

Lignet - China’s Coming Economic Implosion

China’s economy is at serious risk – and the entire world will feel the blow both economically and even militarily.

And your life savings and investments are no exception because China’s economy is so closely linked to America’s and other Western nations.

You are probably aware of Robert Wiedemer, the New York Times best-selling author of  Aftershock.

Wiedemer was one of the first economists to warn of the 2008 crash.

And now he is warning that China’s economy is at grave risk.

He points out that after several years of massive government stimulus as well as heavy support for the real estate sector, China’s bubble is about ready to burst.

“Housing prices in 100 major cities in China fell for the sixth consecutive month...  even the China Iron and Steel Association says that growth has slowed from 15% in 2010 to 4% in 2012.”

Adding to China’s economic woes is their fragile stock market.

It has already fallen to 2009 lows, a significant psychological benchmark, and Bloomberg News points out that if this resistance level breaks, stocks could drop another 10 percent.

Shockingly, many insiders warn that China, facing severe domestic problems, may turn toward their military muscle to gain an economic edge.

A realistic fear Japan is already familiar with.

In search of cheap energy, China has become aggressive with Japan regarding a longstanding dispute over some uninhabited islands that sit atop potentially enormous oil and natural gas resources.

Forbes columnist Ben Marks points out, “In the event that the Chinese economy continues to weaken, do not be surprised if China deepens its nationalistic tone, which could lead to even more military hostility with its neighbors over disputed territories in Asia.”

James Rickards, a top security adviser to the Pentagon and CIA, recently released evidence that China is secretly stockpiling gold.

“In 2009, without anybody having an early warning, even the intelligence community, China unveiled gold reserves of 1,054 tons [not 600 tons as reported]... They are treating the acquisition of gold like it’s a military mission... they are expanding and conquering... and their military monitors this entire process. It’s critical they keep this secret.”

What will happen with China next and what are the implications for the U.S. and global economies?

To answer that question with a special focus on the implications of a possible Chinese economic collapse, Newsmax's global intelligence and forecasting service, LIGNET, will be holding an urgent online briefing on China, her economy and the possibility of escalating tensions between the U.S. and China.

This special online event will be held Tuesday, Dec. 4, 2012, at 11 a.m. EST.

Leading the intelligence panel will be former CIA Director Gen. Michael Hayden and Gov. Jon Huntsman, who recently served as U.S. ambassador to China.

Please Note: This private forum is available to LIGNET members only.

Join LIGNET today for ONLY $1.00 by Clicking Here

LIGNET is a globally recognized intelligence resource prepared by former CIA analysts, national security officers, and presidential advisers.

What transpires between the U.S. and China could have dire consequences for America and inescapable economic ramifications.

During this exclusive program, LIGNET's esteemed intelligence panel will address the following:

  • The implications surrounding China's volatile leadership change
  • The likelihood China will surpass the U.S. as the global economic superpower
  • Is China a true currency manipulator?
  • The truth about China's economy and the potential for a real estate bust
  • The impact of China's military expansion and cyber-warfare capabilities
  • The possibility China will use military force to seize control of contested islands in the Asia-Pacific region
  • China's growing influence in Latin America and Africa
  • The immense investment opportunities in China
  • And much, much more!

We strongly encourage you to join this urgent LIGNET briefing Tuesday, Dec. 4, 2012, at 11 a.m. EST to discover how this dangerous conflict affects you and your wealth.

Important: We recommend forwarding this email to your friends so they can sign up to participate in this event as well.

Get a LIGNET Membership and See China Briefing for $1 — Go Here Now