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Category Archives: AutoInformed Editorial
No Jobs Crisis Continues in May as Washington Dithers
The looming choices facing voters are clearly unpalatable. At the top of the ticket, you have the demonstrably job-destroying Harvard-educated Republican party 1 percenter Mitt Romney running against the demonstrably non-job creating Harvard-educated Democratic party 1 percenter Barack Obama. It is time to put the name “somebody else” on all ballots, which if somebody else wins starts another election with the other previously listed candidates disqualified from running again. Continue reading
April Marks Third Straight Month of Declining U.S. Job Growth as Unemployment Remains at an Official and Understated 8%
The struggling U.S. economy added a measly 115,000 jobs last month, the third straight month of declines in job growth. More than 15 million Americans are unemployed or underemployed. This poor performance comes years after Washington declared the recession caused by the reckless and unpunished practices of Wall Street officially over. Continue reading
Posted in AutoInformed Editorial, economy, fools 'n frauds, news, news analysis, people, results
Tagged auto informed, autoinformed.com, automotive news, job creation, job crisis, Ken Zino, obama, romney, unemployment
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December U.S. Unemployment at 8.5% Remains at Crisis Levels
The 200,000 employment increase is roughly half of what is needed each month to return the almost 20 million under-employed and unemployed back to full-time work as taxpayers in the still ailing U.S. economy. At this rate it will take a decade or more to return to pre-Great Recession levels. Since 80% of workers in the U.S. commute to work in a vehicle, the unemployment crisis hurts the auto industry’s prospects and its own fragile, mostly jobless, recovery that is underway. Continue reading
Iran Threatens to Close Strait of Hormuz, Shut Off Oil Supply. Here We Go With Another Oil Crisis Caused by Despots?
The larger issue remains an amorphous U.S. strategy conducted and – alas – at times directed in Washington by big money interests that care not about the welfare of the United States or its citizens. U.S. energy policy going back to President Carter and the first OPEC oil embargo four decades ago has failed under one-term Carter and every successive President and Congress since – Democrat or Republican – to eliminate this security threat – as well as the corresponding national economic decline posed by oil imports and the resulting enormous transfer of U.S. wealth overseas. Continue reading
Fuel Economy Regulations Risk Huge Job Losses, While Increasing Environmental Damage, CAR Study Predicts
This comes as the U.S. national unemployment rate hovers at an official 9.8%, which is an understated number since it doesn’t include under-employed, forced retirees or beaten down job seekers who are the victims of Republican ‘socialism and tax cuts for the rich’ policies. Continue reading
Posted in auto news, AutoInformed Editorial, economy, environment, fools 'n frauds, fuel economy or emissions, global warming, public health
Tagged auto informed, autoinformed, autoinformed.com, cafe, car, center for automotive research, economy, fuel economy regulations, ghg, job losses, Ken Zino, mcalinden, regulations hurting jobs, unemployment, zino
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