Oct 072010
 
State Unemployment, Political Party, and State Income Tax

Kelsey Golden in September of 2008 posted an article on ScoopThis.org illustrating relationships between state unemployment rates, controlling political party, and state income taxes. 40% of the states with the unemployment rate higher than the national average are controlled by Republicans” 60% of the states with the unemployment rate higher than the national average are […Full Article]

Oct 072010
 
Impact of Political Party and Employment and Income Growth

Dan Ackman on Forbes.com did an analysis comparing Democratic presidents and Republican presidents. Employment gains per year from 1953-2001 were 1.684 million/year under Democratic presidents and 1.279 million/year under Republican presidents. Real Disposable Personal Income Growth per year from 1953-2001 was 3.65% under Democratic presidents and 3.08% under Republican presidents. To read the entire article […Full Article]

Oct 072010
 
Poverty Statistics

The Center for American Progress in April 2007 reported the following statistics on poverty in the U.S.A.: Persistent childhood poverty costs the U.S. an estimated $500 billion annually Poverty for a family of four is defined as annual family income below $19,971 12.6% of all Americans were below the above threshold in in 2005 31% […Full Article]

Oct 062010
 
Economic Improvement Methods of Senator Obama and Senator McCain

Pat Regnier from CNN Money described Senator Obama’s method to improve the economy as a “a fairly traditional Keynesian approach to managing a slump, designed to keep consumers and businesses spending until the storm passes. A similar logic was behind the two emergency tax rebates George W. Bush approved.” Mr. Regnier also described Senator McCain’s […Full Article]