• Mitt Romney,  Newt Gingrich,  President 2012

    President 2012: The Question – Mitt or Newt?

    Republican presidential candidate, former House Speaker Newt Gingrich and former Massachusetts Gov. Mitt Romney participate in a presidential debate at St. Anselm College in Manchester, N.H.

    Charles Krauthammer helps you decide: Mitt or Newt?

    My own view is that Republicans would have been better served by the candidacies of Mitch Daniels, Paul Ryan or Chris Christie. Unfortunately, none is running. You play the hand you’re dealt. This is a weak Republican field with two significantly flawed front-runners contesting an immensely important election. If Obama wins, he will take the country to a place from which it will not be able to return (which is precisely his own objective for a second term).

    Every conservative has thus to ask himself two questions: Who is more likely to prevent that second term? And who, if elected, is less likely to unpleasantly surprise?

    What say you readers?

    Tell me in the comments or on Twitter/Facebook.

  • Unemployment Rate

    U.S. Unemployment Rate Falls to 8.6 % From 9% – But….



    According to the latest government figures.

    Job creation remained weak in the U.S. during November, with just 120,000 new positions created, though the unemployment rate slid to 8.6 percent, a government report showed Friday.

    The rate fell from the previous month’s 9.0 percent, a move which in part reflected a drop in those looking for jobs. The participation rate dropped to 64 percent, from 64.2 percent in October, representing 315,000 fewer job-seekers.

    The actual employment level increased by 278,000. The total amount of those without a job fell to 13.3 million.

    The drop in participation rate is significant in that had the labor force remained steady, the jobless rate would have dropped to 8.8 percent, according to Citigroup calculations. If the labor force had followed trend growth, unemployment would be at 8.9 percent.

    “Overall, the continued modest employment gains reflect an economy that plods along at an uninspiring pace,” Kathy Bostjancic, director of macroeconomic analysis at The Conference Board, said in a statement. “These modest job gains are still not enough to propel economic growth to a sustainable 2 percent-plus growth path.”

    And, some pundits this morning are even questioning the 120,000 jobs created.

    The economy remains mired in a stagnant employment mode with over 13 million Americans unemployed.

  • Twitter

    @Flap Twitter Updates for 2011-12-02

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