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NEWS and OPINIONS by BILL STANLEY

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 HealthCare.gov 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)

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