Press Releases

 

Entries in Recession (73)

Wednesday
Sep052012

ALG - Manufacturing shrinks in August, will weigh on Obama's reelection

Sept. 4, 2012, Fairfax, VA—Americans for Limited Government President Bill Wilson today responded to the manufacturing Purchaser Managers Index (PMI) published by the Institute for Supply Management showing a contraction in manufacturing for the third straight month:

"Obama's recession is unmistakable, with manufacturing decreasing for the third straight month. Two months out from a presidential election that will be determined by the state of the economy, slowing production does not bode well for the incumbent. It is now up to Obama to explain why after trillions of dollars of 'stimulus,' unemployment is still high and we are not growing our way out of this. The economic contraction we are experiencing is inexcusable."

To view online: http://getliberty.org/manufacturing-shrinks-in-august-will-weigh-on-obamas-reelection/

 

###

  

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.

Thursday
Aug232012

ALG - CBO warns of deep recession touched off by tax increases 

Aug. 22, 2012, Fairfax, VA—Americans for Limited Government President Bill Wilson today issued the following statement responding to a Congressional Budget Office report warning of a deep recession in 2013:

"Today's Congressional Budget Office report warning of a deep recession should Congress and the president not agree on a solution to the massive tax increases that will go into effect on Jan. 1, 2013, is true to the extent that the tax increases will kill private sector growth and exacerbate the recession that we are rapidly descending into.

"However, should Republicans win control of both the House and the Senate along with the presidency in November, they should not cut a deal with Obama and Harry Reid now, the two major economic obstructionists of the past two years, in dealing with this fiscal disaster. 

"Instead, Speaker Boehner and presumptive Majority Leader McConnell should promise the nation that they will make the current tax law permanent as their first order of business on Jan. 4, 2013, when the new Congress begins, and put legislation that is retroactive to the beginning of the year on the new president's desk on Jan. 20 at 12:01 p.m. 

"Our nation's finances are too important to leave to the very lame duck, rejected politicians that are responsible for the emergency in the first place.

"The tax increases facing our nation are real and need to be stopped.  It is just plain stupid though for anyone to expect that the people responsible for creating the crisis to suddenly solve it when they no longer have to worry about what the American public wants."

To view online: http://getliberty.org/cbo-warns-of-deep-recession-touched-off-by-tax-increases/

###

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
Aug042012

ALG - Jobs report indicates economy continues to sputter 

Aug. 3, 2012, Fairfax, VA—Americans for Limited Government President Bill Wilson today responded to the Department of Labor's unemployment report for July:

"The economic bad news of Obama's failed economic plan keeps cascading down on the American people.  Today's unemployment rate of 8.3 percent is shocking in that it is not higher.  With the nation's economy staggering as it only grows by .125 percent each month, factory orders down in June for the second month in a row, and only 58.4 percent of the working-age population in the labor force, it is clear the American people are suffering.  Yet, Obama continues a campaign against the very job creators who our nation needs to ramp up hiring to lift our nation back to the heights we used to take for granted.

"It is incredible that after a 'recovery' that Obama says has worked, we still have an unemployment rate of 8.3 percent.  I'd hate to see what this president would consider a failure."

To view online: http://getliberty.org/jobs-report-indicates-economy-continues-to-sputter/

###

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
Jul282012

ALG - Growth slows to 1.5 percent in second quarter, but are we already in another recession?

July 27, 2012, Fairfax, VA—Americans for Limited Government President Bill Wilson today again responded to today's report by the Bureau of Economic Analysis showing the economy slowedin the second quarter to only 1.5 percent growth:

"Gross Domestic Product numbers throughout 2008 failed to show that we were in a recession, when in reality the downturn had begun in the fourth quarter of 2007. And now, once again, the economy is visibly slowing down with only 1.5 percent growth, but are we already in another recession? At best, we're at stall speed, but we may already be contracting.

"Our early warning systems are broken, and economists are left only to extrapolate that we are in serious trouble. Meanwhile, Obama is doing nothing to get the economy back on its feet again. His only plan is to raise taxes on job creators, wage his war on business, and spend us into oblivion.

"The 'stimulus' has failed, and yet all the talk is the Fed will try to administer another dose of quantitative easing, or money printing, that will do nothing to get us out of this ditch. It is time for new leadership. We need a return to sound money, fiscal responsibility, lower taxes, and a complete unraveling of the environmental, labor, and health regulations that are strangling growth."

http://getliberty.org/growth-slows-to-1-5-percent-in-second-quarter-but-are-we-already-in-another-recession/To view online: 

### 

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.

Thursday
Jul192012

ALG's Daily Grind: It's not yours! 

July 18, 2012

It's not yours!

Obama's view is that each of us ultimately owes our livelihood to a government that hands us what it thinks we should keep, just as a parent doles out an allowance to a child.

Obama Campaign Said Romney Is A Criminal. Isn't It The Other Way Around?

The recent accusations from the Obama campaign that Mitt Romney was involved in criminal behavior seem ironic. Obama's crowd of misfits has quite an impressive record themselves.

Oregon county fears repercussions of radical anti-logging policies

There is an industry right in the backyard of Lane County that is ready and able to create much-needed revenue.  But that land is being held up by bureaucrats in Washington, D.C. 

CNBC.com: How Close Are We to New Great Depression?

Author Richard Duncan: "Even if [government spending] is wasted, at least we could enjoy this civilization for another ten years before it collapses."