Economy and Jobs

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  • President Failed to Even Mention Keystone Pipeline in 1/28/2014 State of the Union
    Posted in Jim's Blog on January 30, 2014 | Preview rr
    Tags: Economy and Jobs, Energy

    In his State of the Union Address the President said his Administration's energy policy is creating jobs and that oil and gas production is booming. But that's only half true, the last half. The President's policies inhibit U.S. energy production and transportation at every turn. The U.S. oil and gas production boom is occurring on private and state lands, not on lands and offshore areas under federal control. Moving oil from producing areas in Canada and the U.S. to domestic refineries is vital... Read more

  • Employment Trends under the Obama Administration
    Posted in Jim's Blog on August 2, 2013 | Preview rr
    Tags: Economy and Jobs

    Typically headlines and analysts focus on the unemployment rate. The labor force participation rate can be even more revealing of the current conditions on Main Street, America. The labor force participation rate is simply the ratio of employed persons + unemployed persons divided by the population. The labor force participation rate has fallen steadily since the beginning of the 2008-09 recession and it shows no sign of recovering. In a typical recovery from a recession, the participation rate ... Read more