Tag: Economy

Michigan leaders weigh in on what our state should do to attract jobs (hint: it ain’t “lower taxes & bust unions”)

Michigan leaders weigh in on what our state should do to attract jobs (hint: it ain’t “lower taxes & bust unions”)

Wait, I thought Gov. Snyder was a businessman…

A recent study by the Michigan Economic Center asked over 3000 representatives from businesses, nonprofits, and governmental organizations what things Michigan needs to do to attract more business investment in our state. If you listen to Michigan Republicans, including our governor, their answer is “lower taxes and bust unions”.

They might wish to ask the people who actually DO business in this state what they think. “Lower taxes” isn’t even close to the top.

Follow me over the jump for details.

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Romney campaign urges Florida governor to quit bragging about his state’s recovery

Romney campaign urges Florida governor to quit bragging about his state’s recovery

Quit SAYING that! People will think things are getting better.

The Romney campaign wants Florida Governor Rick Scott to quit talking about how great the economy is in Florida right now. Knowing that an improved economic picture kills Romney’s only talking point in this election, they simply can NOT have that kind of talk.

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Rising gas prices not suppressing consumer spending

Rising gas prices not suppressing consumer spending

Okay, Republicans, you can stop cheering now

If you lean out your window, you can probably hear Republicans around the country cheering for high gas prices. Not because they want Americans to use less of this polluting fossil fuel and decrease our dependence on Mideast oil. No, it’s because they are literally counting on gas prices to be the death knell for President Obama’s reelection campaign. It doesn’t matter that he’s not responsible for it (hint, hint: it’s Wall Street.) That doesn’t matter one bit.

Here’s the problem: rising gas prices aren’t actually …

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Wall Street has its best 1st quarter since 1998

Wall Street has its best 1st quarter since 1998

Lookin’ good, lookin’ good… This bodes well for the Obama re-election campaign. The Republicans are counting on a tanking economy and for corporate interests to come running to their rescue. And then comes this: Wall Street had its best first quarter since … wait for it … 1998! Despite falling six out of the last nine sessions, the S&P 500 […]

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US Economy is looking better than previously thought

US Economy is looking better than previously thought

This is GREAT news for John McCain Barack Obama! Reuters is reporting that the U.S. Commerce Department has upgraded the fourth quarter 2011 GDP results up to 3% growth from 2.8%. The economy grew slightly faster than initially thought in the fourth quarter and a gauge of factory activity in the Midwest hit a 10 month-high in February, pointing to […]

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Michigan gets some good unemployment news

Alright! Now THIS is more like it! Michigan’s unemployment rate fell by eight-tenths of a percentage point last month to 9.8 percent. This is the first time since November of 2008 that Michigan’s jobless rate has dropped below 10 percent. The national November unemployment rate is 8.6 percent. The jobless rate fell by eight-tenths of a percentage point in November. […]

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Obama administration moves aggressively on investing in small business creation

As part of the Obama administration’s ongoing “We Can’t Wait” program, they announced today an aggressive new initiative to spur the creation of job-creating startup companies. It’s a two-pronged approach. First, they are launching a $1 billion Early State Innovation Fund which provides matching capital to small business investment companies. This is part of an existing program called Startup America. […]

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Newt Gingrich calls CBO “a reactionary socialist institution which does not believe in economic growth/innovation”

Newt is such a charmer, isn’t he? I love that, when he appears in the GOP primary debates, he spends 3½ of his alotted 4 minutes deriding the question and the questioner and castigating the media as a whole. There’s no better way to garner positive press than treat the members of the press as pariahs and sociopaths, is there? […]

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Rick Snyder takes credit for Jennifer Granholm’s investments and their economic payoff, says he isn’t

During her time as governor, Jennifer Granholm made significant investments in diversifying and expanding Michigan’s economy. These things take time to have their impact but, according to a new study, they are. Michigan is second in the nation in recovering from the recession. Michigan’s economy is recovering from the recession at the second-fastest pace in the U.S., lifted by reviving […]

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President Obama is winning the war of public opinion

President Obama is winning the war of public opinion

Yesterday, I wrote about how President Obama is surging in the latest PPP poll (favorability rating up 11 points, job approval rating up 6 points) and how the Republicans are completely tanking (down 15 points.) This, right here, is the major reason why: That’s the front page of The Cinncinnati Enquirer this morning with the blaring headline: “GOP kills jobs […]

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Rep Tim Walberg brings jobs fair to southern Michigan – blames regulation for lack of employer participation

Rep Tim Walberg brings jobs fair to southern Michigan – blames regulation for lack of employer participation

This past week, Rep. Tim Walberg (MI-07) sponsored a jobs fair. So far, so good. I’ve been waiting for him to do something, anything related to jobs so I view this sort of thing favorably. Unfortunately, the fair doesn’t appear to have been very successful. On Wednesday, I hosted a Job Resource Fair at the Jackson County Fair Grounds. This […]

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