Obama’s stimulus creating 3,236 Oregon jobs but those jobs lasted on average only 35 hours

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In Oregon, where lawmakers are spending $176 million to supplement the federal stimulus, Democrats are taking credit for a remarkable feat: creating 3,236 new jobs in the program’s first three months.

But those jobs lasted on average only 35 hours, or about one work week. After that, those workers were effectively back unemployed, according to an Associated Press analysis of state spending and hiring data. By the state’s accounting, a job is a job, whether it lasts three hours, three days, three months, or a lifetime. Read More

Obama would make a person laugh if it wasn’t for all the Americans thats losing their jobs since he took over the White House and the Democrats took over congress. I don’t see the people thats lost their jobs and the ones that will be losing their jobs having a very Merry Chirstmas this year.

LINKS:

(1) August 22: Join the nationwide Recess Rally; Dems performing CPR on Obamacare

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August 22: Join the nationwide Recess Rally

The

Tea Party revolt and the grass-roots counterinsurgency against the health care takeover have taken congressional offices locally and Washington, D.C. by storm.
Now, more than ever: Crank it up, spread the truth, raise your voices, and tell Washington…

Unemployment Rates Hit Record Highs in 8 States

The eight states that set records are: California, Nevada, North Carolina, Oregon, Rhode Island, South Carolina, Florida and Georgia.
Michigan’s unemployment rate rose to 14.1 percent. Read More

Obama said not long ago that we would not see unemployment-rates higher than 9 percent! What happen Obama, didn’t know what you were talking about? Obama your spending spree did not help jobs now did it?

LINKS:

(1) Housing Market Disaster Worsens
The brief moment of hope that housing had hit a bottom and that both the rate of home sales and prices would improve is slipping away. The pressures that will push prices down, by another 20% in some markets, are rising interest rates and an unemployment rate that will almost certainly go over 10% and stay there for several quarters.

(2) Obama’s Budget includes $1.6 trillion in New taxes—the Largest Tax Increase in History

States are raising taxes despite the ‘stimulus’ , It isn’t just high earners who get smacked

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A free fall in tax revenue is driving more state lawmakers to turn to broad-based tax increases in a bid to close widening budget gaps.

At least 10 states are considering some kind of major increase in sales or income taxes: Arizona, Connecticut, Delaware, Illinois, Massachusetts, Minnesota, New Jersey, Oregon, Washington and Wisconsin. California and New York lawmakers already have agreed on multibillion-dollar tax increases that went into effect earlier this year.

Fiscal experts say more states are likely to try to raise tax revenue in coming months, especially once they tally the latest shortfalls from April 15 income-tax filings, often the biggest single source of funds for the 43 states that levy them. Read More

The Tax Capital of the World

States are raising taxes despite the ‘stimulus’; New York is No. 1.

Oh, and it isn’t just high earners who get smacked. The new budget raises another $2 billion or so on top of the $4 billion in income taxes with some 100 new taxes, fees, fines, surcharges and penalties to be paid by all New York residents. There are new charges for cell phone usage, fishing permits, health insurance (the “sick tax”), electric bills, and on bottled water, cigars, beer and wine. A New York Post analysis found that a typical family of four with an income below $100,000 would pay more than $800 a year in higher taxes and fees.

One explicit argument for the $787 billion “stimulus” bill was to help states avoid these tax increases that even Keynesians understand are contractionary. Instead, the state politicians are pocketing the federal cash to maintain spending, and raising taxes anyway. Just another spend-and-tax bait and switch.

This is advertised as a plan of “shared sacrifice,” but the group that is most responsible for New York’s budget woes, the all-powerful public employee unions, somehow walk out of this with a 3% pay increase. The state is receiving an estimated $10 billion in federal stimulus money, and Democrats are spending every cent while raising the state budget by 9%. Then they insist with a straight face that taxes are the only way to close the budget deficit. Keep Reading….

Do you think the economy is getting any better people? If you do then you better think again! Do you think that only people with incomes over $200,000.00 will be paying these taxes? Again if you do then you better think again! You have been taken to the cleaners by Obama!

LINKS:

(1) Ron Howard: Happy Days are (almost) here again

(2) Video: The BO Tax and Spend Rap

(3) Countdown to Tax Day Tea Party: The view from Asheville, NC