Top Economists Tell How to Grow Jobs
Now that the Senate has officially and resoundingly defeated President Obama’s jobs bill (The American Jobs Act), the question remains: just how do real jobs grow? Matt Welch, writing in the November...
Economic Commentary
One Euro, One Europe, One Mounting Mess
Item: “European Union foreign ministers are debating a tax on financial institutions that could raise money for the EU as well as make banks share the burden of bailout,” reported the...
Justice Dept, Sprint Launch Antitrust Suit Against AT&T
In response to AT&T’s proposed acquisition of mobile carrier T-Mobile for $39 billion, the Department of Justice (DOJ) announced it would be bringing suit against AT&T on the grounds the wireless...
New Study Shows How the Economy Is Really Doing
On Monday morning Sentier Research announced the results of its new study showing changes in household income since the year 2000 and how those incomes have fared both during the recent...
The Oil Industry Can Save America — If Washington Lets It
America at the end of WWII produced 60 percent of all the petroleum in the world. In fact, its status as the chief exporter of oil (the United States produced much...
$5 Debit Card Fee: Don’t Blame Banks — but Durbin, Dodd, Frank, the Fed
On Thursday, Bank of America announced that, starting the first of the year, they would be charging debit card users $5 a month for the privilege as a way to recoup...
ECRI Announces New Recession Has Started
Last Friday Laksman Achuthan (left), co-founder of Economic Cycle Research Institute (ECRI), announced that not only has the economy entered a new recession, but that “it’s going to get a lot worse....
Is Economists’ Gloom Marking the Start of the Recovery?
With the announcement from the Commerce Department that the sale of new homes in August fell by 2.3 percent compared to July, the Los Angeles Times took on a decidedly gloomy...
A Way Out of Impending Economic Chaos
Our nation stands at the precipice of an economic meltdown that would make the current recession seem like the “best of times.” The almighty dollar, once labeled “good as gold,” stands...
Growing Evidence That the Economy Is Growing
Despite the government's increased creation of money, new federal regulations that stifle companies and cause additional costs, and proposed new taxes, some businesses are pushing ahead with business-as-usual, leading to an...
Bill Clinton Rejects Obama’s Millionaire Tax Plan
Former President Bill Clinton says Obama’s approach to taming the federal deficit "is a little confusing" and suggests that raising taxes would blockade any efforts to revive the stale U.S. economy....
Former Fed Chief Volcker Warns Against “A Little Inflation”
As the nation continues to struggle with a prolonged economic slump and an unemployment rate that remains stubbornly above nine percent, former Federal Reserve Chairman Paul Volcker has warned the Fed...
Rising Gold Prices Spawn “New Gold Rush” in the West
Anyone who watches television news for more than a few hours is likely to see an advertisement for gold. As the Federal Reserve continues to print fiat money in vast quantities...
Free Market Economist Cheers End of Borders Books
Dr. Mark Perry, economics professor at the University of Michigan and blogger at Carpe Diem joyously announced that the closing of Borders’ last bookstore on Sunday, September 18th “is a glorious,...
Census Bureau’s U.S. Poverty Report a Boon For Obama’s Jobs Agenda?
Released on Tuesday, the Census Bureau’s annual report flashed a dismal economic outlook, showing that U.S. poverty has exceeded 46 million people — nearly 1 in 6 Americans — and the...