Mojave Desert (Chris Carlson / Associated Press)

Trump Admin OKs Cadiz Project for Water to 400,000 in SoCal

The Cadiz Water Project will soon produce enough Mojave Desert groundwater to serve the needs of 400,000 people in Southern California, thanks to President Donald Trump’s Department of Interior reversing his predecessor’s stall tactics.

Dan Price

Report: Household Spending Going into Overdrive

The strong dollar, low interest rates and pent-up demand should drive after-tax growth in real consumer spending and a doubling of the rate of housing growth, according to Lombard Street Research.

J Pat Carter/AP Photo

American Economy Still Down by 5.9 Million Jobs Since 2008

The Bureau of Labor Statistics (BLS) just published the Job Openings and Labor Turnover Summary (JOLTS) report for February. The job openings percent for the workforce hit a 14 year high of 5.1 million, while the layoffs and discharges percentage stayed at a historic low. But despite the job availability rate more than doubling since 2009, the hiring rate only grew by 30 percent in the same period. Adjusted for population growth, the American economy is still down by 5.9 million jobs.

REUTERS/MARK MAKELA

Obama’s ‘Recovery’ Freezes Up Again

For the last few months, we’ve heard loud trumpeting about “strong” job reports and signs of economic growth, which the President and his defenders were naturally eager to claim credit for. Not in March.