Monthly Archives: October 2012

New ADP Count Slashes Job Creation Total for September – US Business News – CNBC

ADP’s new calculations put the monthly job creation at just 88,2000, down from the 162,000 the firm originally reported earlier this month.The firm recently has entered into a partnership with Moody’s Analytics that will change the way the private payroll count is calculated.ADP will announce its October count on Thursday, with the Labor Department to follow on Friday.

via New ADP Count Slashes Job Creation Total for September – US Business News – CNBC.

Quarter-billion-dollar stimulus grant creates just 400 jobs – Washington Times

The latest quarterly report on file with a federal stimulus tracking database shows just seven positions created through the grant from April to June this year. Previous quarters’ job reports contained anywhere from a handful of positions created to more than 100 new jobs.But even when the quarterly reports are combined, a total of 408 new positions were reported under the stimulus program since 2009, amounting to more than $300,000 spent for each new job reported.

via Quarter-billion-dollar stimulus grant creates just 400 jobs – Washington Times.

In Wisconsin, Obamacare to Increase Individual Insurance Premiums by 30%, Says Obama Adviser – Forbes

One of Obama’s key health-care advisers, Jonathan Gruber, found that by 2016, individual premiums in Wisconsin will increase by an average of 30 percent. In addition, Obamacare will deeply cut Medicare Advantage for more than 300,000 Wisconsin seniors enrolled in the program. And 27 percent of Wisconsin physicians say that they will place new or additional limits on accepting Medicare patients. Read on for more details.

via In Wisconsin, Obamacare to Increase Individual Insurance Premiums by 30%, Says Obama Adviser – Forbes.

AUTO BAILOUT BOMBSHELL: Fiat Says Chrysler, Jeep Production May Move to Italy | National Legal and Policy Center

So, let’s be real clear here, we are talking about vehicles that will be built in Italy and exported to America. The evidence is clear that Fiat is looking at ways to move production of vehicles from the US to elsewhere, whether it be China or Italy, costing American jobs. This is becoming indisputable, despite outcries from certain parties to the contrary.

Mitt Romney has rightfully criticized the Obama Administration for handing over Chrysler to the Italians and now leaving the fate of American workers in the hands of Fiat management. Fiat is not a healthy company and the auto industry is in as great a risk as ever. The insistence that all is well by those with political motivations does not mask the danger. More jobs are at risk of being lost and more taxpayer money may be lost as well.

via AUTO BAILOUT BOMBSHELL: Fiat Says Chrysler, Jeep Production May Move to Italy | National Legal and Policy Center.

Racine Tea Party Fires Up The Faithful – Libs dumped nails in the parking lot

Before the event could get under way, though, organizers say a truck affixed with “Obama” stickers drove through the parking lot and dumped quantities of nails.

“We went outside and picked up what we could,” said Lou D’Abbraccio, holding a cup filled with nails. “But this was just wrong.”

via Racine Tea Party Fires Up The Faithful – Mount Pleasant-Sturtevant, WI Patch.

Over $60,000 in Welfare Spent Per Household in Poverty | The Weekly Standard

This dollar figure is almost three times the amount the average household on poverty lives on per year. “If the spending on these programs were converted into cash, and distributed exclusively to the nation’s households below the poverty line, this cash amount would be over 2.5 times the federal poverty threshold for a family of four, which in 2011 was $22,350 (see table in this link),” the Republicans on the Senate Budget Committee note.

via Over $60,000 in Welfare Spent Per Household in Poverty | The Weekly Standard.