Ten Second News

Wealth Transfer

Here’s Atrios: Just because I’m petty and George Bush was very proud of the increase the home ownership rate under his presidency, latest census figures out today have the home ownership rate at 66.5%. It peaked at 69.2% in 2004, falling to 67.5% as Bush was about to leave office. 66.5% brings us back to…

The stimulus effect

How much unemployment can we blame on the Obama administration? Economist Rob Shapiro dug into some Bureau of Labor Statistics data and came back with the best numbers I’ve seen on the subject. He separated job losses into two buckets: Those that happened before the stimulus, which was Obama’s major effort to deal with joblessness,…