Economic Growth Continued in February — and More Improvement Is on the Way
Like a plow horse, the progress in the labor market didn’t stop for bad weather in February. Nonfarm payrolls added 295,000 workers in February, the twelfth consecutive month with an increase north of 200,000. In the past year, payrolls have added 3.3 …
How Do You Become One of the Richest 1 Percent?
Doug Ross, among others, had thoughts on this section of yesterday’s Jolt — although I must strongly disagree with his characterization of Ana Marie Cox as inane and dimwitted#…#
Let’s Get Real About the ‘One Percent’ and How They …
The final Morning Jolt of the week offers a look at what Republicans can learn from Rand Paul, the comedic horror that is our half-baked “Dudes” idea, and then this reflection of a troubled economy:
One of the …
Will We Ever See 65 Percent Workforce Participation Again?
Another “meh” jobs report from the Bureau of Labor Statistics this morning, with the unemployment rate at 7.8 percent.
The workforce participation rate among those age 16 and older was 65.7 percent in January 2009, when President Obama took office. Now it is 63.6 percent.
‘Even these minimum-wage jobs in this economy can be pretty tough to find.’
In an article about the allegedly horrific scandal of South Carolina Gov. Nikki Haley’s 14-year-old daughter working in the gift shop of the South Carolina state house, there’s an inadvertently damning indictment of our current economy:
I Like the Title of This New Romney Web Video
The newest Mitt Romney campaign web video is entitled, “Jolt.” As the man who writes the Morning Jolt, I’m Jim Geraghty, and I approve this title.
Meanwhile, in today’s Morning Jolt:
ABC News: ‘Assumptions Based on Four …
Obama: Let’s Escape Partisanship by Blaming Senate Republicans
It’s nothing new, but there’s something striking about how easily and effortlessly Obama can blame partisanship and pointing fingers in one breath and then blame Republicans in the next, and never recognize any contradiction between the two actions.
Obama’s ‘Consecutive-Months of Job Creation’ Smoke & Mirrors
In today’s article about the ubiquitous “unexpectedly” adverb in economic reports, I note that President Obama likes to talk about how many consecutive months the American economy has seen private-sector job growth.
What Obama says is technically true — …
Unemployment Rate: Up. Discouraged Workers: Up. McCaskill: Looks Strong to Me!
Sen. Claire McCaskill, Democrat of Missouri, looks at today’s unemployment report from the Bureau of Labor Statistics and concludes: “Another strong jobs report.”
Indeed, the numbers indicate that the U.S. economy created 244,000 jobs in the past month.
The U.S. Recovery Is Finally Strengthening. Who Deserves the Credit?
The improving U.S. economy will make absolutely no one forget the Long Boom of the Reagan-Clinton-Gingrich years. Wage growth is stagnant, and too few Americans are working. As Paul Ryan, the new chairman of the House Ways and Means …
Abby McCloskey on this Morning’s Jobs Report
Hey, how about those new jobs numbers, huh? The dawn of our economic utopia is upon us!
Okay, no, it was another “meh at best” jobs report in our “meh at best” economy. Abby McCloskey, program director of economic policy …
Washington Suddenly Notices the Economy Still Stinks for Most People
President Obama pivots to the economy#…#arguably for the second time this month. The RNC collected these “pivots” for a while, until they became as numerous as his statement expiration dates.
Sure, the unemployment rate is down to 7.6 percent, after …
The Ugly Truth About Our Economy
Of course there’s State of the Union reaction and Rubio-mania in the Morning Jolt, but also an examination of the economic truths you didn’t hear last night, and probably won’t hear from an elected official for a …
Mitt Romney Just Helped Create 52,000 Jobs
I’d never heard the name Max Kohl until a few hours ago. But I like the guy.
Kohl’s, the department store he founded, is looking to hire some 52,000 or so people in the coming months — …
President Obama’s Perpetual Pivot
In the final days of the 2008 campaign, the conservative press/blogosphere were buzzing about Jeremiah Wright/Bill Ayers/Bernardine Dohrn and other signs of a radical past of then-Senator Obama, while the John McCain campaign was running “dedicated to a …
A Plurality Think the Last Jobs Report Was ‘Mixed’ News?
This polling result, spotlighted by Allahpundit, is pretty amazing:
One more data set for you on jobs, which might help explain why Obama and Romney are neck and neck on who’ll do better to create them. This comes …
Obama’s ‘Jobs Act’ Tour Strangely Avoids Wavering Democrats
White House press secretary Jay Carney declared, “The president is campaigning for jobs.” But instead of heading to states where there are persuadable senators, he’s heading to 2012 swing states.
As NBC News correspondent Norah O’Donnell noticed, Obama …
For Everyone Who Found Friday’s Job Report Too Cheery . . .
From the first Morning Jolt of the week:
‘Well, It Could Be Worse.’ (Ominous Growling) ‘It’s Worse.’
John Crudele of the New York Post reiterates some points you’ve seen every now and …