ALG: Nation Stuck in a Ditch, Unemployment Numbers Show

October 7, 2011, Fairfax, VA—Americans for Limited Government President Bill Wilson today issued the following statement on the latest unemployment numbers from the Bureau of Labor Statistics showing a 9.1 percent rate of joblessness:

"If not for 45,000 telecommunications workers coming off a strike, the Bureau of Labor Statistics would only be reporting a gain of 57,000 new jobs, hardly a cause for joyous celebration.  The bottom line is that the amount of people unemployed again increased by 25,000, this time to nearly 14 million, and no amount of funny numbers can obfuscate that fact.  The underemployment number — those looking for full-time work but can't find it — was even worse, rising to 25.4 million.

"This marks the longest period of sustained high unemployment since the Great Depression, which marks a catastrophic failure of the Obama and Bernanke 'stimulus' programs.  They cannot print and borrow enough money to turn this ship around when the problem is that government has rendered the nation uncompetitive globally with some of the highest corporate tax rates in the world, the most regulations, and whose inflationary policies have increased the cost of doing business.

"To get out of this ditch and create jobs, we must restore America's global competitiveness by decreasing the cost of doing business, reducing the tax and regulatory burdens, and restoring sound money based on price stability.  Until then, we will continue to bleed mercilessly."

More 'Stimulus' Wrong Formula, ALG President Says

August 19^th, 2011, Fairfax, VA—Americans for Limited Government President Bill Wilson today blasted an Obama Administration proposal for yet another new make-work "stimulus" spending program:

"Even if Obama borrows yet more money from the Fed and China to expand the federal workforce by a million, it would only result in a 0.65 percent decrease in the nation's unemployment rate.  With borrowing costs and benefits are included, it would cost taxpayers hundreds of billions of dollars with little noticeable impact on the nation's ailing economic health.  There are more efficient — and profitable — ways to create jobs.

"To foster a robust economic recovery, the government need only get out of the way.  The Fed has held interest rates so low for so long, that it is more profitable and safer for financial institutions to borrow at near-zero rates and invest in treasuries than it is to engage in traditional lending.  Moreover, the nation's structural trillion-dollar-plus deficit steers more money than ever away from equities and into government bonds.  That is precisely the opposite of what needs to happen to expand the economy. 

"The weak dollar has also fostered higher consumer and producer prices, which has led to a commensurate slowdown in spending.  A combination of smaller government and sounder money is needed to get our economy moving again, and free up resources for the private sector to create the jobs we need for a sustained recovery."

CEI Weekly: Government Car Regulations Kill

Friday, August 12, 2011

Feature: Government Car Regulations Kill

FEATURED STORY: Government Car Regulations Kill For the last 30 years, government regulations have forced cars to be smaller and lighter. Smaller and lighter cars, compared to similarly designed larger and heavier cars, do worse in auto collisions. General Counsel Sam Kazman appeared on Fox Business to talk with John Stossel about this devastating phenomenon. Watch the interview here. SHAPING THE DEBATE The Regulatory Recession Fred L. Smith, Jr. in Townhall Obama's War on Coal William Yeatman in The New York Post Euro Crisis No Excuse for Dismal US Growth John Berlau in The National Review Online The S&P Downgrade VS. Katy Perry Wayne Crews in Forbes The War on Lemonade Iain Murray & Ryan Young in Townhall Cutting Bureaucracy Iain Murray on WMAL Morning Majority The Big Repeal Ryan Young & Jacqueline Otto in The American Spectator Blame Government, Not BGE, for Turning Off the AC William Yeatman in The Baltimore Sun

CEI PODCAST August 11, 2011: Lemonade Freedom Day Vice President for Strategy Iain Murray talks about the rash of children’s lemonade stands being shut down by police, and his plans to celebrate Lemonade Freedom Day on August 20. Started by Robert Fernandes, families across the country will set up lemonade stands in their neighborhoods without going through the permits and inspections that many towns now require. BEST OF THE BLOGS Environmental Working Group's 'Dirty Dozen' List Debunked By Greg Conko Schools Use "Bullying" as a Pretext to Violate Students' Rights to Free Association and Freedom of Speech By Hans Bader Just in time for the Debt Super Committee-the new Hello Kitty Federal Budget Calculator By Wayne Crews In Wisconsin Recall, Unions Run to Stay in Place By Vincent Vernuccio Regulation of the Day 194: Facebook Friends By Ryan Young

US Rep. Frank Guinta statement on May's 9.1% unemployment rate

“I regret that the unemployment rate reversed course and rose last month.  I also regret that the White House and Senate leadership refuse to reverse course as well, and steer us away from ongoing economic failure.”

(Washington – June 3, 2011)    Rep. Frank Guinta (NH-01) released the following statement on the Labor Department’s announcement that May’s unemployment rate rose to 9.1 percent:

“Today’s unemployment numbers reveal what people in New Hampshire already know: our economy remains far from healthy.  As part of my ongoing “Getting Granite Staters Back to Work” initiative, nearly 60 percent of small business owners who were surveyed said they have no plans to hire employees this year or beyond.  Job creators repeatedly tell me they get too much government over-regulation and too much taxation, but not enough fiscal leadership from Washington.  That’s robbing them of the confidence they need to grow and hire new employees.

“We’re now in the third year of a failed economic policy – and yet the White House and Senate Democratic leaders refuse to change.  They cling to the “borrow and spend” strategy that has produced nothing but deeper debt and deficits.  We in the House have passed a responsible budget, we said a resounding “no” to a clean bill that would have raised the debt ceiling, and we are taking other steps to put our nation’s fiscal house in order.  But the White House and Senate leadership keep opposing us at every turn.  These actions are needed to give small business owners the predictability and stability they need to expand and grow their workforce.

“I regret that the unemployment rate reversed course and rose last month.  I also regret that the White House and Senate leadership refuse to reverse course as well, and steer us away from ongoing economic failure.”

NRN - Must Reads from May 31, 2011

• Stopping Obama's dictatorship
• The 2012 Republican battle test
• Dems haven't learned the lessons of Europe
• Boudreaux: More weather deaths? Wanna bet?
• The facts about taxes and spending
• The Dems figure they can win as the 'Party of No'
• Sowell: Seductive beliefs
• Big trouble in little hoover
• Political hacks
• Get government's hands off of Medicare!
• ObamaCare is RyanCare on steroids
• Did waterboarding work?
• Double-dip in housing prices worse than expected…
• Some questions for minimum wage supporters

Read more at NetRightDaily.com.