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Czar Obama Doesn't Just Hate Coal

(3 Mar 2015) Production of oil and natural gas on federal lands fell by 19% from 2009 to 2013. Production in federal waters in the Gulf of Mexico, Alaska and California fell by 18%. Production from federal land was 33% of the county's entire output in 2009, but only 25% in 2013. (Source: 5 Feb 2015 Manhattan Institute for Policy Research)

Socialist France Has Highest Corporate Tax Rate ... U.S. Is Second

(3 Mar 2015) France (the executive branch is currently composed mostly of the French Socialist Party) imposes a 36% marginal effective corporate tax rate, the highest in the world. The authoritarian U.S. has the second highest rate at 35.3%. South Korea, Japan and Germany's corporate tax rates are 30.1, 29.3 and 24.2, respectively. The G-20 nations (19 large countries and the European Union (EU)) account for 85% of the world's economic output and has an average of 26.2%. When the average state levy is added, the U.S. corporate tax rate is 39.1%. (Sources: Tax Foundation, 27 Feb 2015 National Center for Policy Analysis)

College Grads Do Not Catch Up To High School Grads Until 40 Years Old

(3 Mar 2015) College graduates earn an average of $830,800 more over their lifetimes than high school graduates. However, high school graduates are earning income while many college students are borrowing money. Also, 260,000 with college or professional degrees were making no more than the federal minimum wage of $7.25 per hour in 2013. On average, college graduates do not catch up to high school graduates until they are about 40 years old. (Sources: Federal Reserve Bank of San Francisco, Bureau of Labor Statistics)

Mississippi More Than Twice As Dependent On The Federal Government As Alaska

(22 Feb 2015) In fiscal 2012, Mississippi obtained 45.3% of its total state general revenues from the federal government ... Louisiana 44.0% ... Tennessee 41.0%. On the other end of the spectrum, Virginia 23.5% ... North Dakota 20.5% ... Alaska 20.0%. (Source: 8 Jan 2015 Tax Foundation)

National Public Debt Continues To Soar

(22 Feb 2015) During the 72 full months of Czar Obama's reign, the national public debt increased by $7.45 trillion to $18.08 trillion, at an annual rate of $1.24 trillion. The increase in the last 12 months was $0.79 trillion. During Bush's 95 full months, the debt increased $4.98 trillion at an annual rate of $0.63 trillion. Obama's rate is 1.97 times Bush's. Bush was bad ... Obama is horrible.

Why Are They Getting Student Loans?

(21 Feb 2015) In 2012, 44% who had just completed a 4-year college degree ended up in jobs that didn't require their degree. Only 10 of the 30 occupations expected to produce the most jobs by 2022 require any formal education past high school. Only 5 require a bachelor's degree. (Sources: Bureau of Labor Statistics, 15 Jan 2015 Real Clear Education)

Increase In Immigrants Greater Than Increase In Jobs

(21 Feb 2015) 18 million legal and illegal immigrants arrived in the U.S. from 2000 to 2015. After subtracting deaths, departures and retirement, the working-age population of immigrants grew 12 million (equal to 3 years of American births) while only 9.3 million additional jobs were created. (Sources: Bureau of Labor Statistics, Center for Immigration Studies, 10 Feb 2015 Daily Caller)

Earned Income Tax Credit Program Is Actually A Cash Welfare Program

(21 Feb 2015) A total of $64.1 billion in Earned Income Tax Credits (EITC) was claimed in 2012. Because the credits are refundable, EITC recipients need not owe taxes to receive the benefits. $56.2 billion was paid by the IRS in excess of the net taxes the recipients owed. Only $7.9 billion was used for tax reduction. $56.2 billion was actually a welfare program. (Source: 9 Feb 2015 CNS News)

Tax Revenues Are Never Enough For Politicians

(21 Feb 2015) During the first 4 months of fiscal 2015, federal tax revenues hit a record $1.05 trillion, up 8.7% from a year earlier. Spending was $1.24 trillion, up 8.3%. (Sources: 11 Feb 2015 U.S. Treasury, 11 Feb CNS News, 11 Feb Associated Press)

July 2012 CBO Enrollee Projections Of Obama Care Compared To Actuals Through Sept. 2014

(21 Feb 2015) Employer sponsored insurance (CBO -2 million, actual -4.9 million), individual market (+8 million, +5.8 million), Medicaid / CHIP (+6 million, +7.5 million), percentage of net gain due to Medicaid / CHIP (50%, 89%). ((Sources: Heritage Foundation, 12 Feb 2015 Daily Signal)

87% Of Obama Care Enrollees Get Subsidies ... $268 Per Month Average

(21 Feb 2015) 87% of federal exchange enrollees get subsidies from taxpayers ... 94% in Mississippi and 93% in Florida. The average subsidy is $268 a month. (Source: 9 Feb 2015 Dept. of Health and Human Services)

Nearly All Obama Care COOPs are Losing Money

(21 Feb 2015) 23 nonprofit insurance companies (Consumer Operated and Oriented Plans) were created under Obama Care and received $2.5 billion from federal taxpayers. According to the lasted financial filings for 22 of them (Health Republic Insurance of New Jersey was not available), 21 reported loses. CoOportunity, serving Iowa and Nebraska, will be liquidated. (Source: 9 Feb 2015 Daily Signal)

Only 11% Of Employees Are Union Members

(7 Feb 2015) In 2014, only 11.1% of employees 16 and older were members of unions … 35.7% of government employees … 6.6% of private employees … North Carolina 1.9% of employees … New York 24.6% of employees. (Source: 23 Jan 2015 Bureau of Labor Statistics)

On Second Thought, Germany Decides Solar Electricity Not So Great

(7 Feb 2015) Germany favored solar electricity by providing subsidies and priorities over other sources in supplying the power grid. As a result, new solar installations were 7.6 gigawatts (GW) in 2012. When the favoritism was reduced, new installations dropped to 3.3 GW in 2013 and 1.9 GW in 2014. (Sources: Bundesnetzagentur, 3 Feb 2015 Reuters)

E-85 22% More Expensive Than Gasoline

(7 Feb 2015) In Oct., the average price of regular gasoline (10% ethanol) was $3.34, while E-85 (85% ethanol) was $4.07 on an energy-equivalent basis. (Source: Dept. of Energy)

McDonald's Responds To France's $10.60 Minimum Wage With Touch-Screen Ordering

(7 Feb 2015) France's minimum wage is $10.60 an hour. Not surprisingly, every McDonald's has resorted to using touch-screen ordering rather than employees. (Source: 3 Feb 2015 Daily Signal)

Only Half Of West Virginia Working Or Looking For Work

(7 Feb 2015) In Nov., only 49.8% of the people in West Virginia were working or looking for work. The national participation rate is 62.7%. North Dakota has a rate of 69.5%. (Source: 14 Jan 2015 Market Watch)

All Net New Jobs Went To Immigrants

(5 Feb 2015) Since 2007, all net employment growth has gone to immigrants. There were 1.5 million fewer natives 16 and older working in November 2014 than were working in November 2007, but the number of immigrants working increased 2 million. Net employment was up half a million, but all growth went to immigrants. (Sources: Bureau of Labor Statistics, Center for Immigration Studies)

Terrible Government Health Insurance Financed Almost Entirely By Taxpayers

(5 Feb 2015) More than 20% of residents are enrolled in Medicaid. The Dept. of Health and Human Services Office Of Inspector General conducted an audit of Medicaid. Appointments were attempted with a stratified random sample of 1,800 doctors listed as accepting patients through Medicaid managed care plans. Fewer than half of the attempts were successful. Doctors had retired, moved, left the group, stopped accepting Medicaid or weren’t taking new Medicaid patients. More than 25% of the appointments were more than 1 month away. 10% were more than 2 months away. (Source: 14 Jan 2015 The Hill)

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