Yesterday's GDP Report Confirms Our Commentary on Obama's Economic Record
In this week's Liberty Update, we highlight the falsity of the persistent claim that Barack Obama somehow prevented a great depression:
[T]he federal government's own economic data shows that Obama actually inherited an emerging recovery. The American economy was already rebounding before he even officially became president. What he has done is impose policies that have resulted in the slowest decade of economic growth in recorded U.S. history."
Yesterday's official report on first-quarter 2016 economic performance provided same-day confirmation. More specifically, the U.S. Commerce Department announced that gross domestic product (GDP), the basic metric by which the economy is measured and by which recessions and recoveries are defined, grew at a disturbing 0.5%. Not only is that…[more]
In terms of sheer shamelessness, it's difficult to surpass modern labor unions.
In one prominent recent example, consider the United Steelworkers' attempt to unionize college football players attending Northwestern University, one of the nation's most elite private institutions.
This week, that attempt finally fell incomplete when the National Labor Relations Board, in a rare bit of sobriety, overturned a March 2014 decision by a lower regional director recognizing the amateur players as "employees" and allowing them to organize. Not that the NLRB offered a particular…
"The U.S. Immigration and Customs Enforcement agency in 2015 decided not to deport but release 19,723 criminal illegal immigrants, including 208 convicted of murder, over 900 convicted of sex crimes and 12,307 of drunk driving, according to new government numbers.Overall, those released into virtually every state and territory of America had a total of 64,197 convictions among them, for an average…[more]