by Jane Richey | Oct 8, 2012 | Fiscal Responsibility, Politics
The Congressional Budget Office (CBO) reported that the federal budget deficit has exceeded $1 trillion for the fourth year in a row, coming in at $1.1 trillion in fiscal year 2012 – or 7.0 percent of the economy. “The federal government’s fiscal year 2012 has come to...
by Jane Richey | Oct 8, 2012 | Politics
The U.S. economy added a net 114,000 jobs in September, while the unemployment rate fell to a surprisingly low 7.8 percent, a number former GE boss Jack Welch described as cooked up by the Obama administration. The September jobs number brought the unemployment rate...
by Jane Richey | Oct 8, 2012 | Free Markets, Politics
Russian Foreign Minister Sergei Lavrov declared that the Obama administration’s “Reset” in relations with Russia “cannot last forever,” and must be followed by a closer relationship, according to a Reuters news report. Lavrov, however, is...
by Jane Richey | Oct 8, 2012 | Constitutionally Limited Goverment, Free Markets
President Obama touted it in 2010 as evidence “manufacturing jobs are coming back to the United States,” but two years later, a Michigan hybrid battery plant built with $150 million in taxpayer funds is putting workers on furlough before a single battery has...