By: Press

For Immediate Release

September 3, 2010

August Unemployment Climbs to 9.6%

Democrats’ Summer of Recovery a Complete Bust

By: Jamie Estrada

September 2, 2010--Silver City Sun-News

Las Cruces— What's wrong with this picture? With nothing to show for it, Gov. Bill Richardson has just returned from another so-called trade mission to Cuba to meet with the communist regime's dictators. Meanwhile, New Mexico lags behind other states in exports. Clearly, our state needs to get serious about trade, and that requires setting the right priorities in order to create jobs and get our economy growing again.

By: Garance Burke

August 27, 2010--Associate Press

FRESNO, Calif. — Vice President Joe Biden said this week that the Obama administration "hit the accelerator" toward spending $5 billion under the economic stimulus law to weatherize people's homes, create thousands of jobs, help consumers save money and put the nation on track for energy independence.

Yet the weatherization program the vice president highlighted in his visit Thursday to New Hampshire is widely considered among the least organized spending projects under the $814 billion economic stimulus law and has regularly been targeted for criticism of its slow progress by auditors and outsiders. Biden didn't hint much at its troubles.

Nearly 18 months since it started, the stimulus weatherization program has experienced spending delays, inefficiencies and mismanagement. In Biden's home state of Delaware, the entire program has been suspended since May, and last month federal auditors identified possible fraud.

___

EDITOR'S NOTE — An occasional look behind the rhetoric of public officials.

___

Steve Pearce would like to work for us in Washington to get us back to work. The policies of the past two years have resulted in lost jobs, a declining economy, and trillions of dollars of new government debt.

We can't afford to keep Harry Teague in office.

Please take a moment to browse this website and learn about what Steve Pearce will do for you and your family.

By: Declan McCullagh

August 24, 2010--CNET News

ASPEN, Colo.--Intel Chief Executive Officer Paul Otellini offered a depressing set of observations about the economy and the Obama administration Monday evening, coupled with a dark commentary on the future of the technology industry if nothing changes.

Otellini's remarks during dinner at the Technology Policy Institute's Aspen Forum here amounted to a warning to the administration officials and assorted Capitol Hill aides in the audience: unless government policies are altered, he predicted, "the next big thing will not be invented here. Jobs will not be created here."

The U.S. legal environment has become so hostile to business, Otellini said, that there is likely to be "an inevitable erosion and shift of wealth, much like we're seeing today in Europe--this is the bitter truth."

Not long ago, Otellini said, "our research centers were without peer. No country was more attractive for start-up capital...We seemed a generation ahead of the rest of the world in information technology. That simply is no longer the case."

 Americans in 73% Majority Oppose Deepwater Drilling Ban

 By Kim Chipman 

Jul 14, 2010

Press Release

July 13, 2010

 Teague and Democrats in Washington Fail to Lead on Creating Jobs

HOBBS, NM – As Congress fails to pass a budget and unemployment reports continue to show that New Mexican families are still struggling, it is clear that Teague and his fellow Democrats are failing to lead the country towards an economic recovery.  Washington Democrats have recently been promising a “recovery summer” but economic indicators continue to show otherwise.

 Steve Pearce offers the plan to get New Mexico working again:

 By: Administrator

If Harry Teague’s Cap and Trade legislation passes the senate, millions of jobs would be lost. This recent analysis from the Institute for Energy Research  http://www.instituteforenergyresearch.org/wp-content/uploads/2010/06/KL-APA-Final-Study.pdf  estimates that the most recent Kerry-Lieberman cap and tax scheme would reduce U.S. employment by approximately 522,000 jobs in 2010, rising to over 5.1 million jobs by 2050. 

By: Louis Woodhill

Whether or not the National Bureau of Economic Research ultimately agrees, we are now entering the second dip of a double-dip recession.This is because jobs are what really matter to most Americans, and the employment situation is getting worse, after a scant four months of getting better.

From a theoretical point of view, another recession is what we should expect right now. This is because both GDP and employment are driven by private business investment, and huge tax increases on both business income and capital investment are now only six months away. However, the oncoming recession is also visible in the numbers.