Economic News

Jobs for Kids is a Small Part in Fixing the Violence that Plagues Chicago

The despair that courses through Chicago’s West Side and South Side neighborhoods has many causes. Underperforming schools. The prevalence of guns. The scourge of gangs. Sometimes, troubles at home. And, youth joblessness. A new report by the Great Cities Institute at the University of Illinois at Chicago dives deep into that last cause. In 2015,…

Chicago area sees Exodus of Population due to Harsh Economic Environment

After years of financial woes, Lindsey Yates and her husband had to at last address the nagging question: Should they stay or should they go? The young couple’s continued residency in Chicago was threatened by new obstacles every few months. First came the rising property taxes, then the stress of finding a decent school for…

World Bank Issues Dire Warning about Economic Impact of Ebola

WASHINGTON – The economic impact of the Ebola epidemic could reach $32.6 billion by the end of next year if the disease ravaging Guinea, Liberia and Sierra Leone spreads to neighboring countries in West Africa, the World Bank Group said Wednesday. The World Bank’s assessment said the economic impact of Ebola is already serious in…

OBAMANOMICS: Food Stamp Recipients Top 46 Million for 35th Month in a Row

(CNSNews.com) – The number of Americans on food stamps has topped 46,000,000 for 35 straight months, according to data from the Department of Agriculture (USDA). From September 2011 through July 2014, the latest month for which data is available, the number of persons participating in the Supplemental Nutrition Assistance Program (SNAP) has exceeded 46 million.…

Food-Stamp Enrollment in Illinois Higher than Job Creation

Illinois’ sluggish jobs recovery is coming at a tremendous cost. For every post-recession job created in Illinois, nearly two people have enrolled in the Supplemental Nutrition Assistance Program, commonly known as food stamps. In the recession era, the number of Illinoisans dependent on food stamps has risen by 745,000. Without adequate job creation in the…

Fast-food Workers Stop Miami Traffic Demanding a $15 wage…

Watch this video the reporter is sharp witted and quite FUNNY Contestant: “This video is important to my community because minimum wage increases do NOT help the poor. Money is only a paper REPRESENTATION of value, not value itself. Money REPRESENTS real-world tangible assets like resources, efficiency, innovation, commodities, creativity, etc. Giving people more green…

Americas Real Employment Problem

Supposedly the economy is rebounding. Years of stimulus spending by the administration and over $3 trillion in quantitative easing by the Fed are allegedly working. Or are they? The Bureau of Labor Statistics reported in October that the unemployment rate, U3, declined very slightly to 7.2%. Concurrently, the BLS noted that the unemployment rate to…

Obamanomics Record: Americans Enrolled in Food Stamps Program Outnumber Entire Population of Northeast USA

(CNSNews.com) – A record 23,116,928 American households were enrolled in the federal government’s Supplemental Nutrition Assistance Program (SNAP)—AKA food stamps—during the month of June, according to data released this month by the Department of Agriculture. That outnumbers the 20,618,000 households that the Census Bureau estimated were in the entire Northeastern United States as of the…

Wal-Mart Exec February Sales a “total disaster” Worst in 7 Years

walmart

Wal-Mart had the worst sales start to a month in seven years as Obamas new payroll-tax increases hit shoppers already battling a slow economy, according to internal e-mails obtained by Bloomberg News. The left has been eyeing Wal-Mart for unionization a double disaster in the making for Wal-Mart Corp. Get used to Obamanomics he has 4 more years to continue to take the wrecking ball to the U.S economy. There is a economic down turn lurking on the horizon based upon these numbers.

Article Org: QZ.com