San Bernardino becomes third Cal. city to file for bankruptcy

UK: Number of graduates in basic jobs doubles in five years

Census shows drastic drop in number of businesses and jobs since 2008

    PR Newswire: In 2010, U.S. businesses with paid employees numbered 7.4 million, a decline of 36,800 establishments from 2009, marking the third consecutive year of decline, according to the U.S. Census Bureau. In comparison, between 2008 and 2009 there was a decline of 168,000 establishments. These findings are from County Business Patterns: 2010 . . .


  • Posted: 06/27/2012
  • |
  • Category: Miscellaneous
  • |
  • Source: www.prnewswire.com

  • Tags:

Pension costs push Stockton, Calif. to bankruptcy

America’s taxpayers lost big in UAW bailout

    Detroit News: The Treasury Department estimates the taxpayers will lose enormous sums in the auto bailout — more than $20 billion. That is more than Michigan spends on public education, more than the federal government spends on NASA, and more than America gives in foreign aid. None of these losses were necessary to keep General Motors and Chrysler in business. The entire net cost of the bailout came from subsidizing the United Auto Workers’ pay and benefits.


  • Posted: 06/27/2012
  • |
  • Category: Miscellaneous
  • |
  • Source: www.detroitnews.com

  • Tags: , , ,

Graham to defense firms: Notify workers now of layoff threat from automatic cuts

ABA: Only 55 percent of law grads found full-time law jobs

Law Grads Face Brutal Job Market

More than 7 in 10 U.S. Teens Jobless This Summer

Judge reject’s Cooley’s ABA/NALP defense in fraud case

Survey: Asia’s millionaires outnumber NAmerica’s

Washington’s Regulatory Costs Exceed $1 Trillion Annually

‘Expect more women to need “baby boxes”‘

Snapshots of 10 states with biggest pension gaps

Budget turnarounds: Some states socking cash away

America’s Out-of-Work Are Resilient, but Not Endlessly So | NCPA Policy Digest

Catholic law schools and the student debt crisis

Lawyer Survey Reveals Many Lawyers Plan to Hire in Third Quarter

More than 7 in 10 US teens jobless in summer

Private Jobs Down 4.6 Million From January 2008; Federal Jobs Up 11.4%

Family Net Worth Drops to Level of Early ’90s, Fed Says

GOP leaders ridicule Obama on private sector ‘doing fine’

A Record 1/3 of Law Grads’ Jobs Don’t Require Bar Passage

The Single Mom Catastrophe: The demise of two-parent families, an economic catastrophe

    Kay S. Hymowitz at LA Times: The single-mother revolution has been an economic catastrophe for women. Poverty remains relatively rare among married couples with children; the U.S. census puts only 8.8% of them in that category, up from 6.7% since the start of the Great Recession. But more than 40% of single-mother families are poor, up from 37% before the downturn. In the bottom quintile of earnings, most households are single people, many of them elderly. But of the two-fifths of bottom-quintile households that are families, 83% are headed by single mothers. The Brookings Institution’s Isabel Sawhill calculates that virtually all the increase in child poverty in the United States since the 1970s would vanish if parents still married at 1970 rates.


  • Posted: 06/04/2012
  • |
  • Category: Featured
  • |
  • Source: www.latimes.com

  • Tags: , , ,

Jobs report upends ’12 race

America Lost 129,000 Millionaires in 2011

How Radical Were Wisconsin’s Reforms? | Heritage Foundation

Home Prices Drop 2% to Post-Crisis Lows; CNBC says sign of new recovery!

America’s Suffocation: The Cost of Ever-Increasing Federal Regulations

Hewlett-Packard Said To Consider Cutting As Many As 25,000 Jobs

    Bloomberg: Hewlett-Packard Co. (HPQ) is considering cutting as many as 25,000 jobs, or 8 percent of its workforce, to reduce costs and help the company contend with ebbing demand for computers and services, people briefed on the plans said.


  • Posted: 05/17/2012
  • |
  • Category: Miscellaneous
  • |
  • Source: www.bloomberg.com

  • Tags:

Obama, Boehner clash at White House over debt ceiling hike

Needy States Use Housing Aid Cash to Plug Budgets

One in Three Young U.S. Workers Are Underemployed

US trade gap widens at fastest pace in 10 months

A Teen with a Job Becomes a Rarity in U.S. Economy

“High Price of Foreclosure: Your Marriage”

Student loans 101: The interest rate uproar

UC Hastings shrinking with market for lawyers

Law school applications down 15.6%, but admits could be even lower

McGurn: Paul Ryan’s Cross to Bear: The House budget chairman challenges the religious left.

What really kills family values

Threat from mounting public job losses tested Obama’s economic strategy

The Feminist ‘Equal Pay Day’ Myth

    NCPA Policy Digest: The Department of Labor’s Bureau of Labor Statistics reported in the fourth quarter of 2011 that the median full-time working woman made 81.6 percent of the wages of the median fulltime working man. Since then, big government, feminist organizations and liberal politicians repeat this “wage gap” statistic, implying that discrimination is its cause, says Carrie Lukas, managing director of the Independent Women’s Forum.


  • Posted: 04/27/2012
  • |
  • Category: Marriage & Family
  • |
  • Source: www.ncpa.org

  • Tags: , ,

Social Security Trustees: Actual unfunded liabilities of $63 trillion are 2x reported amounts

Falling home prices drag new buyers under water

Top 10 Law Schools That Hire Their Own Graduates

Hatch looks to free up House-passed energy bills in Senate

California’s population growth is slowing dramatically, study finds

Number of long-term unemployed older workers quintupled. The help hasn’t.

Aging workforce strains Social Security, Medicare

1 in 2 new graduates are jobless or underemployed

Peggy Noonan: America’s Crisis of Character

    Peggy Noon at Wall Street Journal (via Google): I’ve long thought that public dissatisfaction is about more than the economy, that it’s also about our culture, or rather the flat, brute, highly sexualized thing we call our culture. Now I’d go a step beyond that. I think more and more people are worried about the American character—who we are and what kind of adults we are raising. Every story that has broken through the past few weeks has been about who we are as a people. And they are all disturbing.


  • Posted: 04/23/2012
  • |
  • Category: Marriage & Family

  • Tags: , ,

Rasmussen: The Housing Market Is Depressing America, Gov’t Corruption Blamed

    Rasumussen Reports: Consider this: Four years ago, 80 percent of homeowners thought their home was worth more than they paid for it. That number fell to 62 percent last fall and 49 percent today . . . But while the soft economy was the trigger, most homeowners recognize that the underlying cause of the housing crisis was a corrupt relationship between the federal government, elected politicians and well-connected financiers. While the housing market was collapsing, the financiers were getting bailed out.


  • Posted: 04/20/2012
  • |
  • Category: Miscellaneous
  • |
  • Source: www.rasmussenreports.com

  • Tags: ,

Daniel Henninger: Obama 2012 is channeling the ghost of Franklin D. Roosevelt

Does faith matter in the Federal Budget Debates? Debt, Caring for the Poor and Subsidiarity

The $5 Trillion Man: Debt Has Increased Under Obama by $5,027,761,476,484.56

Why Congress Must Confront the Administrative State

Komen donations down because Planned Parenthood dropped or reinstated? TIME’s big assumption

What Tax Day Could Feel Like in 2013; Today is “Tax Freedom Day”

    Heritage Foundation: In addition to today being Tax Day, it’s also, coincidentally, “Tax Freedom Day” — meaning that it has taken from January 1 until now for Americans to earn enough money to pay this year’s federal, state, and local tax bill — 29.2% of all our income. In other words, for the first 111 days of the year, everything you earned went straight to Uncle Sam. Compare that to back in 1900, when Americans paid only 5.9% of their income in taxes and Tax Freedom Day came on January 22.


  • Posted: 04/17/2012
  • |
  • Category: Miscellaneous
  • |
  • Source: blog.heritage.org

  • Tags: , ,

The Highest Taxes in the World: U.S. Corporate Rate

Two men torch themselves in Italy as economic hardship bites

Ryan budget plan poised to pass House

U.S. Corporate Tax Rate Poised to Become Highest

    NCPA Policy Digest: On Sunday, the United States gets a distinction no nation wants — the world’s highest corporate tax rate. Japan, which currently has the highest rate in the world — a 39.8 percent rate on business income between national and local taxes — cuts its rate to 36.8 percent as of April 1. The U.S. rate stands at 39.2 percent when both federal and state rates are included, says CNN Money


  • Posted: 03/29/2012
  • |
  • Category: Miscellaneous
  • |
  • Source: www.ncpa.org

  • Tags: ,

Court dismisses suit against New York Law School for allegedly fraudulent employment numbers

Pop! Goes the Law School Bubble

The New Suburban Poverty

Saudi Arabia moves to calm oil market

GOP budge plan still produces $3T plus deficits

CBO: Obama budget adds $3.5 trillion in deficits through 2022

National Law Journal: The Go-To Law Schools

California’s Greek Tragedy: Massive Reforms Needed to Reverse Decline

Video – ND Gov. Dalrymple: Obama is killing ‘energy development’

Banks foreclosing on churches in record numbers

Gallup: 19.1% of Americans are unemployed or seeking full time employment