On: 10/07/2010 18:15:10 In: Uncategorized By Adam Bitely While on Michael Baisden’s syndicated radio show on Wednesday, Obama warned that if the GOP regains a majority in Congress it would mean “hand-to-hand combat” on Capitol Hill. What does Obama mean? You can decide for yourself. This troubling statement […]
On: 10/07/2010 18:17:41 In: Monetary Policy By Bill Wilson With sideways economic growth and persistently high unemployment, the Federal Reserve and other Keynesian economists have been obsessed with 1930’s-style “deflation.” Since the end of 2008, and in the wake of the financial crisis, the nation’s central bank has been […]
Continuing on the Recovery Summer and Stimulus: State by State , we head to Arkansas. Quick Arkansas facts: In January of 2009, the unemployment rate in Arkansas was 6.5%. As of July 31, 2010, the unemployment rate was 7.4% (Source: Bureau of Labor Statistics ) According to Recovery.gov, Arkansas has received only 2,699 awards. This has […]
By Kevin Mooney — What may be economically unsound is often politically expedient, which helps to explain why government agencies continue to mandate job-killing minimum wage laws. Self-described champions of the poor who advance these policies are rarely called out for their perfidy in the […]
The AP is reporting that White House Chief of Staff Rahm Emanuel will resign tomorrow to pursue a run for mayor of Chicago. According to @BreakingNews : Senior Adviser Pete Rouse to be named Chief of Staff, likely on an acting basis, after Rahm Emanuel’s anticipated resignation […]