Despite unprecedented fiscal and monetary “stimulus,” the global economy may be dipping again. Not just confined to the U.S., the economic slowdown appears to be a worldwide phenomenon, according to the Organization of Economic Cooperation and Development (OECD). As the OECD said in its report , “[r]ecent high frequency indicators point to […]

Continuing on the Recovery Summer and Stimulus: State by State , we head to Kentucky. Quick Kentucky facts: In January of 2009, the unemployment rate in Virginia was 9.1%. As of June 30, 2010, the unemployment rate was 10%–a net increase of 0.9%! (Source: Bureau of Labor Statistics ) According to Recovery.gov, Kentucky has received 3,157 […]

Continuing on the Recovery Summer and Stimulus: State by State , we head to Arizona. Quick Arizona facts: In January of 2009, the unemployment rate in Arizona was 8%. As of June 30, 2010, the unemployment rate was 9.6%–a net increase of 1.6%! (Source: Bureau of Labor Statistics ) According to Recovery.gov, Arizona has received 4,791 […]

Continuing on the Recovery Summer and Stimulus: State by State , we head to Maryland. Quick Maryland facts: In January of 2009, the unemployment rate in Maryland was 6.1%. As of June 30, 2010, the unemployment rate was 7.1%–a net increase of 1%! (Source: Bureau of Labor Statistics ) According to Recovery.gov, Maryland has received 4,188 […]

By Rebekah Rast – Do you remember The Little Engine That Could? He was just a small engine that was able to pull an entire line of cars up a steep grade and down the other side. As the little engine chanted, “I think I […]

Over the past week, we covered the following states at NetRightDaily.com to see how Recovery Summer and Stimulus affected those states’ economies. We examined New Hampshire , New Mexico , North Carolina and Washington and the results were alarming to say the least. As we continue to discover, the Big Government schemes from […]

Continuing on the Recovery Summer and Stimulus: State by State , we head to Oregon. Quick Oregon facts: In January of 2009, the unemployment rate in Oregon was 9.9%. As of June 30, 2010, the unemployment rate was 10.5%. (Source: Bureau of Labor Statistics ) According to Recovery.gov, Oregon has received 4,001 awards. This has resulted […]

Continuing on the Recovery Summer and Stimulus: State by State , we head to North Carolina. Quick North Carolina facts: In January of 2009, the unemployment rate in North Carolina was 9.2%. As of June 30, 2010, the unemployment rate was 10.0%–a net increase of 0.8%! (Source: Bureau of Labor Statistics ) According to Recovery.gov, North […]

By Rebekah Rast – Thomas Edison would be disappointed to know that the last major plant manufacturing the incandescent light bulb in the U.S. is closing this month. His 1870’s invention has taken on a new name and shape. The 200 workers at the plant […]

“This is just the gang that couldn’t shoot straight,” remarked Americans for Limited Government (ALG) President Bill Wilson of the White House’s latest plan to spend another $50 billion in fiscal “stimulus” for so-called infrastructure projects. Almost two years into the Barack Obama’s term of office, Americans are increasingly skeptical about the effectiveness of Keynesian deficit-spending […]