Looking beneath the headlines … more danger?
In my last few posts, I've discussed the job creation efforts of the Obama Administration, which have had abysmal results.There are a lot of voices coming to the same conclusion.…
Job Creation Job? Bigger than ever!
Yesterday's post, Not that I told you so - redux, discussed the latest unemployment figures and the lamentable job done by the Obama Administration in stimulating the economy. I only…
Not that I told you so … redux!
Remember this line? “There is strong and mounting evidence that the recovery act is putting people back to work,” a statement Vice President Joseph R. Biden Jr. made at a recent news conference in Washington.
In a recent post, Not that I told you so, I lamented the woeful results of the stimulus, and the lack of job creation results. Of course, today produced another painful reminder of this truth … that unemployment reached 10.2%, exceeding 10% for the first time since 1983!
In Where’s the Stimulus, I reported that while corporate profits were boosting the market, revenues for those same companies have fallen far more than the amount of the stimulus. While profits help fuel job growth and give companies some headroom to make those decisions, the lack of revenue growth eviscerates any need to rebuild your talent pool.
There is more evidence that the pols in Washington have no clue about how to stimulate job creation, (more…)
New credit squeeze coming for small business?
You'll recall my recent post about the anticipated changes and expansion of small business lending. Now it's possible that two of the stimulus programs may expire ... BEFORE any new…
Update: Small Business Stimulus
The other day we learned of renewed efforts promised by the Obama Administration to stimulate small business.This week, they announced some plans to sweeten guaranteed loan programs. The administration is…