Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Tag Archives: Jobs

California Governor Being Challenged by Republican Upstart in November

This article first appeared at TheNewAmerican.com on Tuesday, September 23, 2014:

English: Photo of California Attorney General ...

California Governor Jerry Brown

In response to a challenge posed by his Republican opponent for the governorship in November, California Governor Jerry Brown said:

A lot of people forget the mess that California was in just four years ago. There were 1 million jobs that had been lost. Our budget deficit was astronomical: 27 billion. We hadn’t had a budget on time in probably 10 years.

Brown’s challenger is Republican Neel Kashkari, a practicing Hindu born of Indian parents with a background as a Bush appointee and a former executive with Goldman Sachs. While his political positions on key issues qualify him as a RINO — Republican in Name Only — he is already closing the gap on the once-invincible California governor.

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The Kansas Referendum on Reagan’s Tax Cut Policies

This article was published at The McAlvany Intelligence Advisor on Wednesday, September 24, 2014:

Big government liberals and high spending politicians have converged on Kansas, seeing an opportunity to discredit not only Ronald Reagan’s tax policies but to get even with the Tea Party, which took out a number of “moderate” Republicans in the state Senate over the last two election cycles.

Gov. Sam Brownback (pictured above), a supporter of less government and lower taxes, was able to ride the conservative wave that resulted in tax reform that not only increased an individual taxpayer’s standard deduction from $4,500 to $5,500 but also

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Will Tax Cuts Rescue Kansas Governor Brownback in November?

This article first appeared at TheNewAmerican.com on Monday, September 22, 2014:

Sam Brownback, member of the United States Senate

Kansas Governor Sam Brownback

Rarely has a governor’s race had such a clear-cut focus. In Kansas, Republican Governor Sam Brownback is facing a strong challenge from Democrat Paul Davis, who is concentrating on Brownback’s tax policies, which were designed to stimulate Kansas’ moribund economy. They’re not working, says Davis, and the tax cuts passed by Brownback 20 months ago need to be repealed to save the Kansas economy and protect government services.

Davis is getting a lot of help from liberals and from moderate Republicans who

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July BLS Jobs Report: The Sound of One Hand Clapping?

This article was first published at TheNewAmerican.com on Monday, August 4, 2014:

MarketWatch

To Jeffry Bartash, writing for the Wall Street Journal’s MarketWatch, Friday’s jobs report looked awfully good: 209,000 new jobs were added in July and in all the right places: mining, construction, manufacturing, transportation, and warehousing. In addition, there was almost no growth whatsoever in the “government” sector: just 11,000 new jobs were created there last month. This, according to Bartash, means that the economy is on a hot streak, having generated more than 200,000 new jobs every month for the last six months — the first time that has happened since 1997.

Added Bartash:

In the first seven months of 2014 the economy has gained an average of 230,000 jobs. That’s the best stretch of job creation since the [Great Recession] ended in mid-2009 and 19% faster than the pace of hiring in 2013.

End of story? Not quite.

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Friday’s Underwhelming jobs Report

This article first appeared at the McAlvany Intelligence Advisor on Monday, August 4, 2014:

Liar

Criss Jami, the lead singer of the rock band Venus in Arms, may reasonably be accused of having given the president lessons in deceit, especially as they both live in the city where truth-telling is a lost art. Said Jami:

Just because something isn’t a lie does not mean that it isn’t deceptive. A liar knows that he is a liar, but one who speaks mere portions of truth in order to deceive is a craftsman of destruction.

When Friday’s jobs report came out from the Bureau of Labor Statistics (BLS), President Obama spoke “mere portions” of its truth:

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The New Third Rail: Cutting Government Spending

This article was first published by The McAlvany Intelligence Advisor on Monday, July 14, 2014:

 

Historical government spending in the United S...

Historical government spending in the United States from 1902 to 2010

Back in February the Congressional Budget Office (CBO) estimated that the deficit for the 2014 fiscal year would be $514 billion, or about 3 percent of the total economic output of the country. Since this was a nearly 27 percent drop from last year, the implication is that all is well, nothing to see here, move along please. After all, the perception has been that the White House has been spending money faster than at any time in history, running up deficits and the national debt to staggering levels. Half a trillion? Is that all? Pocket change!

Greg Valliere, the chief political strategist for the Potomac Research Group, said at the time that this guaranteed that there would be no pressure for any sort of entitlement reform this year. Jack Lew, Obama’s Treasury Secretary, said the numbers bought some time: “We have a little time to deal with the long term.”

Last week both the White House and the CBO revised downward even further the expected deficit, with Obama taking full credit for the result:

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Tax Cuts of Kansas Already Improving the State’s Economy

This article was first published at TheNewAmerican.com on Monday, July 14, 2014:

Kansas City Skyline 1

Kansas City, Missouri’s Skyline

When Kansas Governor Sam Brownback signed into law the first of several reductions in his state’s income taxes back in May 2012, he wrote:

Our new pro-growth tax policy will be like a shot of adrenaline into the heart of the Kansas economy. It will pave the way to the creation of tens of thousands of new jobs, bring tens of thousands of people to Kansas, and help make our state the best place in America to start and grow a small business.

By cutting the top tax bracket by 25 percent and eliminating taxes on small businesses altogether, he expected great things to happen:

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Study: All Jobs Growth Since 2000 Went to Immigrants

This article was first published at TheNewAmerican.com on Monday, June 30, 2014: 

 

Immigrants just arrived from Foreign Countries...

Immigrants just arrived from Foreign Countries–Immigrant Building, Ellis Island, New York Harbor.

With the release of the report by the Center for Immigration Studies (CIS) last week, Director of Research Steven Camarota drove the final nail into the coffin of immigration reform for this year, saying:

Government data show that since 2000 all of the net gain in the number of working-age (16 to 65) people holding a job has gone to immigrants (legal and illegal).

This is remarkable given that native-born Americans accounted for two-thirds of the growth in the total working-age population.… There were still fewer working-age natives holding a job in the first quarter of 2014 than in 2000, while the number of immigrants with a job was 5.7 million above the 2000 level.

All of the net increase in employment went to immigrants in the last 14 years.

 This effectively obliterates the assumptions underlying the immigration reform bill SB 744, which was promoted by a bipartisan group of Democrats and Republicans (called by some observers the “Gang of Eight”) and passed by the Senate, 68-32, a year ago last week. That bill was based on several key assumptions: 1) that there is a labor shortage in the country, 2) that there are some jobs only immigrants want, and 3) that higher levels of immigration would stimulate the economy so that everyone, native-born or immigrant, would find more work.

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The President’s Latest Plan to Flood Colleges with New Students

 

College Students Spending Time Outside

College Students Spending Time Outside (Photo credit: York College of PA)

This article first appeared at The McAlvany Intelligence Advisor on Wednesday, June 18, 2014: 

Mr. Obama has never been very good at math or in getting his facts straight. His misunderstanding of basic laws of economics, however, is breathtaking. Last week, on Tumblr, he announced his latest plans to make it easier for high school graduates to borrow their way into college. First he’ll cap their debt repayments at 10 percent of disposable income. Second, if they default after 20 years, their debts will be forgiven.

Often in error but never in doubt, the president said:

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Uber: The Smartphone App That Eats Taxis

 

iPhone apps

iPhone apps (Photo credit: ilamont.com)

This article first appeared at The McAlvany Intelligence Advisor on Wednesday, June 4, 2014:

When software inventor and now venture capitalist Marc Andreessen looked at investing in Uber just after its launch, he said “Uber is the software [app that] eats taxis.” At the end of its fourth year, Uber is not only eating taxis, but providing thousands of new jobs for people every month. Last week Uber’s founder, Travis Kalanick said:

Just four years ago we set out to build a better option for people to move around cities: to make getting a ride safer, easier and affordable.

But Uber’s positive impact goes further. Hundreds of thousands of entrepreneurs are using the platform to build their own small business, resulting in a huge job growth engine….

The first rule to making a startup successful is to determine precisely and exactly who its customers are. With Uber, it’s both the customer needing a lift, and the driver providing it. The service is predicated on a simple premise:

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Ride-Sharing Revolution Adding Thousands of new jobs Every Month

English: Yellow cabs in Manhattan. Nederlands:...

The ride-sharing revolution continues to accelerate, adding 20,000 new jobs every month, according to the head of Uber, the initiator of the revolution. Said Uber’s CEO Travis Kalanick:

Just four years ago we set out to build a better option for people to move around cities: to make getting a ride safer, easier and affordable.

But Uber’s positive impact goes further. Hundreds of thousands of entrepreneurs are using the platform to build their own small business, resulting in a huge job growth engine…

When economist Mark Perry’s plane arrived at Reagan National Airport late Tuesday night, May 27, it sat on the runway for another hour and a half waiting for a gate to open. When he finally deplaned at 12:30 a.m., he just wanted to get home and go to bed. But so did everyone else:

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New Jersey Governor Christie’s Lipstick Problem

English: , U.S. Attorney, Governor-elect of Ne...

(Photo credit: Wikipedia)

This article was first published by The McAlvany Intelligence Advisor on Friday, May 23, 2014:

Thanks to the current age of skepticism, aided and abetted by the internet, the “lipstick” strategy being used by Chris Christie is about to fail, revealing instead the economic pig that New Jersey has become during his administration.

Back in March 2012, Christie touted his budget that would only balance if a miracle occurred:

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Government cuts California oil Reserve Estimates by 96 Percent

English: Monterey Formation, Gaviota State Par...

Monterey Formation, Gaviota State Park (Photo credit: Wikipedia)

A federal government agency reported on Tuesday that its previous estimate of the amount of recoverable oil from California deposits was way too optimistic. Its 2012 estimate that the Monterey formation contained 13.7 billion barrels of recoverable oil was cut to 600 million barrels, just 4 percent of its previous estimate. Adam Sieminski, head of the Energy Information Administration (EIA), said:

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NJ Gov. Christie’s Conservative Light is Dimming

Chris Christie

Chris Christie (Photo credit: Gage Skidmore)

Less than six months into his second term New Jersey Governor Chris Christie is having an increasingly difficult time pushing the New Jersey “comeback” theme that gained him reelection in January. This is in addition to the Bridge Gate scandal that has already seen five of his top lieutenants resign or be fired, with three investigations continuing into the matter.

First of all there’s the $807 million budget shortfall in his $33 billion budget that must be filled by the end of June. Then there’s the state’s credit rating which has been downgraded three times so far this year (it’s only May!) and

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Rosy jobs Report Headline fails to mask Continuing Underlying Weakness

English: CALEXICO, CA, 4-4-07 --- Hundreds of ...

Photo by Michael Raphael (Photo credit: Wikipedia)

The headlines from Friday’s jobs report from the Bureau of Labor Statistics (BLS) were rosy: employment rose by 288,000 (exceeding expectations) while the unemployment rate fell by 0.4 percent to 6.3, just above the rate dating back to September 2008.

The talking heads from the administration looked only at those headlines and took credit for the gains. Jason Furman, chairman of Obama’s Council of Economic Advisors, said

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Connecticut’s Governor as King Canute

Seal of the Governor of Connecticut.

Seal of the Governor of Connecticut. (Photo credit: Wikipedia)

This article first appeared at the McAlvany Intelligence Advisor on Monday, March 31, 2014:

King Canute appears to have been reincarnated in the body of Connecticut Governor Dannel Malloy. On Thursday, the governor announced, with great fanfare, that by raising the state’s minimum wage to $10.10 an hour, he will be simultaneously raising people out of poverty, restoring business confidence, and bringing days of wine and roses back to the Nutmeg State:

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Mike Rowe Touches the Third Rail of Retailing: Walmart!

Mike Rowe, the popular host of Dirty Jobs on the Discovery Channel and frequent voice behind ads for Ford, Caterpillar, Motorola and Lee’s Jeans, learned how thin his popularity is among some of his fans when he touched the third rail of retailing: Walmart. In his voiceover of Walmart’s ad appearing during the Olympics, Rowe announces the retail giant’s plans to

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Standard & Poor’s Downgrades Puerto Rican debt to junk status

Now that credit rating agency Standard & Poor’s has ended the suspense by announcing that it is cutting Puerto Rico’s $70 billion worth of general obligation bonds to junk status, questions about the island’s economic future abound. Will Fitch and Moody’s follow suit

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Latest Keystone Pipeline Study Greeted with Cheers and Jeers

In the release on Friday of the fifth environmental impact study of the Keystone XL pipeline, partisans on both sides of the issue were quick to point to the key paragraph in that study:

Approval or denial of any one crude oil transport project, including [the Keystone XL pipeline project], is unlikely to significantly impact the rate of extraction in the oil sands [in Alberta, Canada] or the continued demand for heavy crude oil at refineries in the United States…

Supporters saw this as supporting the country’s economy and lessening its dependence upon foreign, less friendly sources of oil. Senate Minority Leader Mitch Mitchell declared:

The Keystone XL Pipeline is the single largest shovel-ready project in America, ready to go, but for years President Obama and his hard-left allies have stalled these jobs in a maze of red tape.

If the president meant what he said this week about a “year of action,” he’ll act now on this important project that won’t cost taxpayers a dime to build but will bring thousands of private-sector jobs to Americans who need them.

Mitchell’s comments were echoed by Senator Joe Manchin (D-W.Va.):

I have been incredibly frustrated for more than five years by the repeated and unnecessary delays in moving forward with the construction of the Keystone XL pipeline. I am pleased the State Department has confirmed there is no evidence of any negative environmental impact from building this pipeline.

The president of TransCanada, Russ Girling, expressed relief that his company’s project, first begun in 2008 but delayed with repeated requests for more analysis:

The case for Keystone XL, in our view, pre- and post this report, are as strong as ever. No matter how much noise [environmentalists] make or how much misinformation they spread, the facts do support this project…

It will have minimal impact on the environment…

Those opposed saw little in the report to cheer about, seeing in it confirmation that the continued extraction of the heavy oil from the Athabasca Oil Sands will threaten the environment. Senator Barbara Boxer (D-Ca.) saw the study as inaccurate:

I will not be satisfied with any analysis that does not accurately document what is really happening in the ground when it comes to the extraction, transport, refining and waste disposal of dirty, filthy tar sands oil.

My biggest concerns continue to be the serious health impact on communities and the dangerous carbon pollution that comes from tar sands oil.

Rep. Raul Grijalva (D-Ariz.) wrote off the report’s conclusion as well:

The State Department is asking us to believe this pipeline is in the national interest. How can a pipeline that ships Canadian tar sands to the Gulf of Mexico for export, that does nothing to increase our energy independence, and that will deal irreparable damage both to our landscapes and our air quality possibly meet that definition.

Environmentalists like Susan Casey-Lefkowitz of the Natural Resources Defense Council (NRDC) even saw something in the report that wasn’t there:

Even though the State Department continues to downplay clear evidence that the Keystone XL pipeline would lead to tar sands expansion and significantly worsen carbon pollution, it has, for the first time, acknowledged that the proposed project could accelerate climate change.

President Obama now has all the information he needs to reject the pipeline.

What really puts the president on the hot seat, however, is the support for the pipeline from one of his staunchest allies: Richard Trumpka, president of the AFL-CIO:

We think that anything that’s going to create jobs, help the country and do it in an environmentally sound way ought to be done.

This pits Obama supporters against each other while putting pressure on Democrats supporting the project if the president rejects it. Both Senators Mary Landrieu (D-La.) and Mark Begich (D-Alaska) are vulnerable in November and could suffer in their reelection campaigns if the president axes the project.

There will be no meeting in the middle on the issue, according to Professor Bernard Weinstein of the MacGuire Energy Institute. When I spoke with him following a presentation that he made in Colorado Springs last week, Weinstein said he was hopeful that the horrific derailment of 76 tank cars carrying Bakken oil in the town of Lac-Mégantic in Quebec last July which killed nearly 50 people and almost destroyed the town would persuade environmentalists that the Keystone pipeline would make more sense in that it was a much safer means to transport crude oil. Instead, he said, “The accident just proved to them that any transport of oil is dangerous and oil extraction of any kind should be ended altogether.”

Now that the report has been published, there is a 60-day period for public comment and input before any decision is made. Some environmentalist groups, including 350.org, have threatened to engage in non-violent protests at the White House similar to those that got 1,200 arrested in the summer of 2011 and another one a year ago where an estimated 50,000 protestors vented noisily their opposition to the project.

The State Department report, however, isn’t likely to speed up the decision-making process. President Obama has stalled before, putting off any final decision until after the 2012 election and he could well do so again. He is likely to let the problem descend onto the desk of Secretary of State John Kerry who, while still believing in the theory of climate change in spite of evidence to the contrary, has been invisible on Keystone. The report is an amazing seven volumes long which someone on his staff is going to have to read. And then he is likely to seek counsel from at least eight other government agencies before deciding what to recommend to the president: the Departments of Defense, Justice, Interior, Commerce, Transportation, Energy, Homeland Security, and the E.P.A. As Kerry’s assistant, Kerri-Ann Jones, noted, this report “is not a decision document … [it] is only one factor that will be coming into the review process for this permit.”

Instead of expecting a decision at the end of 90 days, some say it could take as long as a year, well past the November elections, neatly solving the president’s political problems. In the meantime, tar sands oil will continue to be harvested and shipped by rail if not by pipeline to meet worldwide demand.

 

 

More Proof, if it were Needed, that Liberalism Excels at Only One Thing: Destruction

This article first appeared at The McAlvany Intelligence Advisor on Wednesday, January 22nd, 2014:

The chasm between dream and reality, between hope and substance, between promises made and the mathematics behind them, were never more starkly on display than back in 2007 when taxpayers in Highland Park – a three-square mile city located inside Detroit – approved a measure offered by the city council to borrow $27 million from local banks in order to make the city’s pension plan payments. Talk about robbing Peter to pay Paul, or, more accurately, making one credit card payment by using another credit card! So there’s plenty of guilt to go around as the city now

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Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.