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  • Federal Reserve Chairman Ben S. Bernanke presents his semiannual Monetary Policy Report to Congress on Tuesday, July 17, 2012, at the Dirksen Senate Office Building in Washington. (Barbara L. Salisbury/The Washington Times)

    GHEI: No jobs: The kids aren't all right

    Consider the effect of President Obama's economic policies: Middle-class income has shrunk; consumer confidence is at a 10-month low; corporate-profit growth is well below last year's level; investment is down; and the employment rate climbed to 8.3 percent, with the largest-ever proportion of the long-term unemployed in their ranks.

  • Illustration: Down economy by Greg Groesch for The Washington Times

    EDITORIAL: The income problem

    A majority of Americans disapprove of what President Obama has done in office. He promised hope and change but delivered disappointment and stagnation. The unemployment rate is stuck at 9.1 percent. The poverty rate is at 15.1 percent, tied for the worst performance since the Census started tracking numbers in 1959. White House policies of class warfare and redistribution are impoverishing America, and the public is starting to feel worked over.

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