James Pethokoukis

Why the unemployment rate is headed higher

August 7, 2009

There were no high-fives at the White House today because of this probable economic reality, as explained by the guys at RDQ Economics (the great John Ryding and Conrad DeQuandros):

5 political impacts of today’s July jobs report

August 7, 2009

Rising U.S. unemployment, to borrow a phrase, has been a giant vampire squid wrapped around the face of the Obama administration, sucking out its popularity and thus draining momentum from its legislative agenda. But now the White House received some good news from the jobs front. The unemployment in July unexpectedly fell to 9.4 percent from 9.5 percent in June. This breaks a string of 16-straight months where the unemployment rate had either risen or stayed flat, including every month of the Obama term. (Recall the rate was 7.6 percent in January.)

U.S. corporate tax rates vs. the world (OECD)

August 7, 2009

How does the US corporate tax rate stack up against other nations? Take a look (via the Tax Foundation):

U.S. jobs numbers: charts edition

August 7, 2009

Another look at the July employment numbers:


Unemployment rate in July slips to 9.4 percent; another 247,000 jobs lost. Yuck

August 7, 2009

The bad news arrives. Here is the latest from the Labor Department on the July unemployment rate and the number of jobs lost (bold is mine):

Segway inventor Dean Kamen: Nationalized healthcare will kill innovation

August 7, 2009

Let’s spend more on healthcare! An interesting chunk from a Popular Mechanics chat with Segway inventor Dean Kamen (via The Health Care Blog):