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Re: The Shining City Upon a Hill
I wonder how much of that shortage is the result of The American Rescue Plan that Biden signed into law in March. It pays an additional $300.00 a week to remain on unemployment. It continues until September 5th. The U.S. Chamber of Commerce is calling on Congress to cancel the program. US Chamber of Commerce calls for ending extra unemployment benefits after disappointing jobs reportComment
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Re: The Shining City Upon a Hill
There's NOBODY that can make excuses for liberals like a Canadian. That's why Trudeau can kick his feet up on his desk and worry not about being held accountable. He knows that his minions will do his bidding for him.Adversity temporarily visits a strong man but stays with the weak for a lifetime.Comment
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Re: The Shining City Upon a Hill
Raising corporate taxes will only increase the prices of the goods and services they provide, essentially passing the tax down to the consumer. You think they are just going to eat this artificially created loss?Comment
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Re: The Shining City Upon a Hill
during obama people weren't looking for jobs ... they (like during biden) were living off of the government teat.
President Obama took office on January 20, 2009 in the midst of the Great Recession. Unemployment was skyrocketing as businesses laid off workers. It peaked at 10.3% in October 2009 (it would later be revised to 10%), the worst level in 26 years.
At the end of Obama's term, businesses are hiring and unemployment has fallen back to just 4.7% -- a reflection of a healthy economy. However, labor force participation (a fancy way of referring to the percentage of working U.S. adults) is at its lowest level since the late 1970s. The main reason is that Baby Boomers are retiring, combined with a segment of the population who stopped looking for work because they can't find anything.Comment
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