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: Economic Policy Institute

Friday’s Jobs Report Confirms Wednesday’s Blowout Numbers

This article appeared online at TheNewAmerican.com on Friday, March 10, 2017:

The Department of Labor’s Bureau of Labor Statistics (BLS) confirmed the robust employment numbers reported by ADP/Moody’s on Wednesday: 235,000 new jobs were created in President Donald Trump’s first full month in office, with the unemployment rate dropping further, to 4.7 percent. Just as reported by ADP, the BLS report showed strong growth in construction, manufacturing, and mining, representing nearly a third of the jobs created in January.

Friday’s report also exceeded Wall Street economists’ expectations,

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Something is Wrong When A “Fine Arts” Major Has to Defend Social Security

This article was published by The McAlvany Intelligence Advisor on Monday, June 6, 2016:  

Following President Obama’s statement last Wednesday that Social Security benefits ought to be expanded and made more “generous,” someone at the Washington Post thought it would be a good idea to tout the wonders of that welfare state program. Rather than pick someone with some credentials as an economist, even a liberal one, the Post instead picked Jared Bernstein (above) to do the honors. Which he did:

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Latest Jobs Report Deceptive; Jobs Exported Overseas

This article first appeared online at TheNewAmerican.com on Saturday, March 7, 2015:

English: A North American Free Trade Agreement...

North American Free Trade Agreement logo

The employment report from the Labor Department on Friday was hailed as more evidence that the worst from the Great Recession is now in the rear view mirror, and receding. The unemployment rate in February dropped to 5.5 percent, lower than economists were predicting, while job growth added nearly 300,000 jobs, pushing the streak of gains of 200,000-plus new jobs per month out to a full year, the longest such streak since 1995.

The news caused stocks to lose more than one percent of their value, as Wall Street expected the robust numbers to hasten the day when the Fed would increase interest rates, potentially slowing the sluggish economy even further. Investors needn’t worry: Friday’s report was a head-fake.

If the recovery were real,

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How the Heritage Foundation Plans to Save the American Dream

Stars and Stripes, NYSE

Image by Robert Scarth via Flickr

When Peter G. Peterson sold his interest in his investment company the Blackstone Group in 2007, he took $1 billion of his gains to fund his foundation, which has concentrated on creating awareness of the dangers of deficits and the national debt in the United States. One of his recent grantees is The Heritage Foundation, which was tasked with the challenge of developing a plan and a strategy to put the country back on a sustainable and responsible fiscal path. Similar grants were given to The American Enterprise Institute, the Bipartisan Policy Center, the Center for American Progress, the Economic Policy Institute, and the Roosevelt Institute Campus Network.

“Saving the American Dream” is Heritage’s entry, which will be presented at

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Paul Ryan’s Plan Unveiled, Reviled, Applauded

Rep. Paul Ryan (R-WI)

Rep. Paul Ryan (R-WI) (Photo credit: Wikipedia)

Now that Rep. Paul Ryan (R-Wis.) has unveiled his “Path to Prosperity” budget, nearly all discussion is focusing on the details and not on the proper role of government. Writing in the Wall Street Journal on Sunday, Ryan said that “our budget … cuts $6.2 trillion in spending from the president’s budget over the next 10 years, reduces the debt as a percentage of the economy, and puts the nation on a path to actually pay off our national debt.” He also said that it

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Obama Needs Your 401(k) to Balance His Budget

Jim McDermott

Image via Wikipedia

The Obama administration is “taking the first steps to confiscate retirement dollars,” according to Dr. Jerome Corsi who predicts that the end result will be retirees with 401(k) plans holding near-worthless government debt “that will be paid off in a devalued currency worth…pennies on the dollar.”

The move to confiscate those retirement dollars for government purposes was best illustrated by Christina Kirchner, President of Argentina, in 2008 when she announced plans to seize her citizens’ private pension funds.

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Latest Unemployment Numbers: Shoveling Snow?

Bureau of Labor Statistics

Image via Wikipedia

When the Bureau of Labor Statistics announced last Friday that the economy lost only 36,000 jobs in February, the usual choristers took that as good news. Christina Romer, the Chairwoman of the White House Council of Economic Advisers said, “Today’s report on the employment situation is consistent with the pattern of stabilization and gradual labor market healing we have been seeing in recent months.”

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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.
Copyright © 2018 Bob Adelmann