June 28, 2022

Victoria Rolls out Vouchers to Speed up Post-Omicron Economic Recovery

The Victorian state government of Australia will roll out a stimulus package worth $200 million (US$144 million) to fast-track economic recovery from its COVID-19 measures as Omicron variant wave subsides. The funding announced on Feb. 21 would cover around $100 million (US$72 million) in rebate schemes to encourage people’s spending on dining…

Expanded Unemployment Benefits Hindered Main Street Recovery, Small Business Owners Say

Pandemic-related unemployment benefits slowed the economic recovery by incentivizing out-of-work Americans to remain unemployed, small business owners said. “People won’t return calls, they won’t return texts, they don’t return emails,” Janey Moores, the CEO of Kentucky-based staffing firm BJM & Associates, told the Foundation for Government Accountability (FGA). “We post things on all the social…

Obama’s Top Economist: Unemployment Benefits, Not Lack Of Childcare, Could Be Harming Recovery

Harvard University economist Jason Furman suggested in a new study that the American Rescue Plan’s expansion of unemployment benefits could be harming the United States’ post-pandemic economic recovery. Furman’s study argues that a lack of childcare options for working parents of young children is not causing the country’s poor jobs numbers. Instead, he writes in…

Tiger Woods Released from Hospital, Continuing Recovery from Car Crash

March 16 (UPI) — Golf star Tiger Woods said Tuesday he has returned to his South Florida home to continue recovering from a single-vehicle accident last month that left him with serious leg injuries. In a statement posted on social media, the 45-year-old Woods said he is “so grateful for the outpouring of support and encouragement that I have…

3 Economic Facts That Counter Obama’s Recovery Narrative

President Barack Obama needs a reality check. Earlier this month in Indiana, he accused his critics of ignoring the “facts” and purporting “myths” about his economic record. But if Republicans are truly ignoring the facts, Obama should consider it a blessing. A quick look at the facts will show that Obama’s economic performance has been […]

The Truth About The Obama Administration’s Economic Recovery

According to a recent report by the Department of Commerce, the Gross Domestic Product (GDP) increased only 0.5% in the first quarter of 2016. This figure represents the lowest increase in the past two years and the third consecutive year beginning with a negative economic report. In fact, the economic stagnation of the Obama Administration […]

America’s RINO Economy: Recovery in name only

For the past few years, the Obama lovers in the media have been boasting about the supposedly great economy Americans are enjoying. According to this fictitious narrative, Obama’s strong leadership saved the economy and led to our “recovery,” but, in reality, we face today a RINO or “Recovery in Name Only” economy. The real economy […]

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