In demonizing Bain for outsourcing, President Obama is implicitly criticizing the act of outsourcing itself without the facts to back himself up. Of the 598 American companies on Forbes world’s largest firms list, only 15 percent publically report their foreign employment numbers. While President Obama’s blind attacks on this legal right are clearly groundless, the … Continue reading
Tag Archives: jobs
BLS Reports Slower Job Growth Last Month
Payroll employment rose by 120,000 jobs in March with the unemployment rate falling slightly to 8.2 percent, according to the report released today by the Bureau of Labor Statistics. Growth is always good news, but a look behind the numbers shows that this kind of growth is mediocre at best. Despite the slight increase in … Continue reading
Tax and entitlement reform overshadowed by credit-taking, blame games, and job report
Following a jobs report released this morning showing the unemployment rate dropped from 8.5 to 8.3 percent last month, the President emphasized his plan to keep the economy growing at a fire station in Arlington, Virginia. “The economy is growing stronger. The recovery is speeding up. And we’ve got to do everything in our power … Continue reading
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