Nancy Pelosi has said that unemployment benefits stimulate the economy and create jobs. Is this true? Does it create more jobs for government to pay for your food, or for you to pay for your food?
States around the United States are facing tremendous difficulties as the economy slowly recovers. The states are finding their budgets bloated and incapable of being reduced to match the lower earnings that the states are taking in during the times of high unemployment.
When BP CEO Tony Hayward went before Congress and refused to answer questions asked by both Democratic and Republican members, you had to wonder whether we were finally going to see some bipartisanship. When Rep. Joe Barton, R-Texas, blasted President Obama for his “shakedown” of BP, we got a good example of what ails the Republican Party.