In our article "Virginia Myths and More," we wrote that some of the federal stimulus money available to Virginia came with a requirement to change the state’s unemployment eligibility rules to give "benefits to part-time workers for the first time." However, an alert reader who works at the Virginia Employment Commission told us that the state has always extended unemployment benefits to part-time workers. We checked in with the VEC, and our article could use some clarification. It’s... Click to Read the Full Post
The liberal advocacy group Americans United for Change (along with the American Federation of State, County and Municipal Employees labor union) released a new ad attacking Republicans for not supporting President Obama’s economic stimulus plan. Here is our review of an earlier ad from Americans United for Change. Here is the new one: The main message of the ad is that Republicans said "no" to Obama’s plan, and, therefore, said "no" to "3.5 million jobs"... Click to Read the Full Post
Summary President Obama’s first speech to a joint session of Congress was stuffed with signals about the new direction his budget will take and meant-to-be reassuring words about the economy. But it was also peppered with exaggerations and factual misstatements. He said "we import more oil today than ever before." That’s untrue. Imports peaked in 2005 and are substantially lower today. He claimed his mortgage aid plan would help "responsible" buyers but not those... Click to Read the Full Post
Summary In recent weeks, in his pitches to Congress and the public on the need to pass the economic stimulus bill, Obama has made several claims about what it would do. (Republicans, too, have made stimulus boasts of their own.) But these pronouncements are not a sure thing: Obama repeatedly said the plan "will save or create up to 4 million jobs." Obama downgraded that estimate to 3.5 million once the House and Senate agreed on a less-expensive compromise bill. The projections come from... Click to Read the Full Post
