Signs of a nascent pickup in U.S. worker pay proved fleeting as wages and salaries climbed in the second quarter at the slowest pace on record.
The 0.2 percent advance was the smallest in data going back to 1982 and followed a 0.7 percent increase in the first quarter, the Labor Department said Friday. In the 12 months ended June, wages and salaries were up 2.1 percent compared with a 2.6 percent year-over-year gain in the first quarter.
The yield on Treasury securities sank as the figures tempered expectations a firming job market would prompt the Federal Reserve to raise interest rates as early as September. While Chair Janet Yellen has said wages alone won’t determine policy, the unexpected slowdown means there will be even more riding on employment and growth data in coming months to bolster the case for tightening in the second half of the year.
Sunday, August 2, 2015
Stagnation: Workers get only 0.2% pay increase in 1st Quarter...
Obama has increased food stamp users, free or subsidized healthcare beneficiaries and people collecting disability. The wealthy are doing very well with the gains in the stock markets and the recovery of real estate prices. The middle class is dying. They face stagnant wages, higher taxes and higher prices on food, electricity, health insurance, travel and many other common purchases.
Tweet of the Day: Instapundit zings Jon Stewart's last show...
Perfect timing? Jon Stewart to say goodbye to "The Daily Show" hours after the 1st GOP debate: http://t.co/2N4LiFTS28 pic.twitter.com/0RV907OgQZ
— msnbc (@msnbc) August 1, 2015
Has the White House sent over his script yet? https://t.co/X0dx2dFndI
— Instapundit.com (@instapundit) August 1, 2015
Saturday, August 1, 2015
Good News: Jeb Bush wants to govern like Lyndon Johnson...
I am beginning to think Jeb really doesn't want to be president.
Via Breitbart:
Via Breitbart:
Former Florida Governor Jeb Bush said he would strive to be like Lyndon Johnson, the Democrat famous for expanding the U.S. welfare state through the “Great Society,” if he were elected president.
According to the Miami Herald, Bush made those comments Wednesday night in San Antonio, Florida at Saint Leo University, while speaking about education, immigration, and energy policy.
Bush did not address Johnson’s Great Society and War on Poverty programs, about which Ronald Reagan once famously quipped, “We had a war on poverty, and poverty won.”
Instead, he was referencing Johnson’s mastery of the so-called sausage-making process in Congress.
He vowed to approach the presidency as “master of the Senate,” as biographer Robert Caro described Johnson.
That 97% number climate change believers love to cite is really only 43%
The science is not settled. Of course, Obama would call the 57% who have some level of skepticism 'flat-Earth society' members.
I used to think there was a consensus among government-funded certified climate scientists, but a better study byVerheggenStrengers, Verheegen, and Vringer shows even that is not true.[1] The “97% consensus” is now 43%.
Finally there is a decent survey on the topic, and it shows that less than half of what we would call “climate scientists” who research the topic and for the most part, publish in the peer reviewed literature, would agree with the IPCC’s main conclusions. Only 43% of climate scientists agree with the IPCC “95%” certainty.
More than 1800 international scientists studying various aspects of climate change (including climate physics, climate impacts, and mitigation) responded to the questionnaire. Some 6550 people were invited to participate in this survey, which took place in March and April 2012. Respondents were picked because they had authored articles with the key words ‘global warming’ and/or ‘global climate change’, covering the 1991–2011 period, via the Web of Science, or were included the climate scientist database assembled by Jim Prall, or just by a survey of peer reviewed climate science articles. Prall’s database includes some 200 names that have criticized mainstream science and about half had only published in “gray literature”. (But hey, the IPCC quoted rather a lot of gray literature itself. Donna LaFramboise found 5,587 non peer reviewed articles in AR4.)
Mexican given legal status accused of killing Good Samaritan couple...
Jesus Yeizon Deniz Mendoza was arrested for burglary earlier this year, but not deported because he had already gained legal status. Why did Obama let Mendoza in legally? We should lock Barack Obama up with him.
Via The Washington Times:
Via The Washington Times:
The man accused of killing two Good Samaritans who tried to help him on a Montana roadside was encountered by immigration authorities earlier this year after a burglary arrest, but was unable to be deported because he had already gotten legal status, federal authorities said this week.
The horrific killing has drawn attention at a time when crimes committed by immigrants are a hot political topic, thanks in part to GOP presidential candidate Donald Trump’s claim that Mexican society sends bad elements to the U.S.
Jesus Yeizon Deniz Mendoza, an 18-year-old Mexican man, has been charged with the killing of Jason and Tana Shane, who saw him stopped on the side of the road Wednesday and tried to help him. When they showed up on the scene with their daughter, Mr. Deniz pointed a gun at them and demanded money, according to an FBI affidavit filed in the federal court case.
Friday, July 31, 2015
Report: 7-Eleven store clerk refuses to sell to man because he had military ID.
People like this don't deserve the freedoms so many have fought and died to provide.
Via The Blaze:
Via The Blaze:
Collin Brown walked into a 7-Eleven in Redmond, Washington, last Wednesday and got himself a Slurpee.
He also was looking to get cigarettes for his fiancee, so when the clerk asked Brown for proof of age, the Army reservist placed his military ID — which has his birthdate on the back and is a legal form of identification — on the counter.
“She said, ‘You’re in the military?’ I said, ‘Yes,’” Brown recounted to KIRO-TV.
Then came the response that threw Brown for a loop: “She said, ‘I can’t serve you.’”
“And honestly, I was at that point in shock,” he told the station. “I asked, ‘Are you serious?’”
“She looked at me like she was offended,” Brown added.
Keep reading…
Thursday, July 30, 2015
Jeb Bush goes 'all in' for climate change fraud...
Tell me the difference between Jeb and Hillary again?
Via Sun Times:
Via Sun Times:
GOP presidential candidate Jeb Bush says that he believes human activity is contributing to climate change, and that the U.S. is obligated to do something about it.
“The climate is changing; I don’t think anybody can argue it’s not. Human activity has contributed to it. I think we have a responsibility to adapt to what the possibilities are without destroying our economy, without hollowing out our industrial core,” Bush said in an interview with Bloomberg BNA published Thursday.
Those comments contradict the position Bush laid out in mid-June during a town-hall meeting in New Hampshire.
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