By Rick Manning — Astonishingly, the unemployment rate dropped again in April even though there are 169,000 fewer Americans employed than in March. Equally incredibly, in spite of there being more than 8 million more people in the working age population, 319,000 fewer Americans have jobs today […]
By Rick Manning — The monthly release of the nation’s unemployment rate is due out from the U.S. Department of Labor on May 4 amidst a gathering storm of skepticism about the meaning of the reported unemployment rate and gloom about what appears to be a stalling […]
By Rick Manning — In his latest attempt to seem relevant to the economy that is sinking his re-election chances, President Obama demanded that Congress give him $52 million to seek out and end oil market manipulation. “None of these steps by themselves will bring gas prices […]
By Rick Manning — The so-called “Buffett Rule” would automatically subject anyone who has taxable income above one million dollars to a 30 percent tax rate regardless of how that money was earned. But, it is based upon the hope that Americans fundamentally misunderstand the way different […]
NRD Editor’s Note: This post was originally published at TheHill.com . By Rick Manning — Mark Twain famously misquoted British Prime Minister Benjamin Disraeli as saying, “There are three kinds of lies: lies, damned lies and statistics.” The reported unemployment numbers prove the validity of the quote, even […]
By Rick Manning — Once again, the unemployment rate dropped in March even though there are 31,000 fewer Americans employed than in the month of February. This strange phenomenon where the government claims that 120,000 new jobs were created, yet fewer Americans are actually employed in those […]
By Rick Manning — MSNBC asked the headline question “ Sharp drop in jobless rate raises questions for economists ” yesterday in preparation for the monthly release of unemployment statistics from the U.S. Department of Labor. The problem that MSNBC lays out is actually quite simple, the economy needs to grow at a certain rate in […]
NRD Editor’s Note: This post originally appeared at The Hill . By Rick Manning — On the same week that Washington’s political punditry runs wild with analysis on the Supreme Court’s oral arguments on the constitutionality of ObamaCare, and the rest of the country is busily checking their NCAA […]
By Rick Manning — America’s democratic republic depends upon the basic belief by the governed that those who represent them were elected through fair and honest elections. While the losing side in an election contest can be disappointed, if they know that they lost “fair and square” […]
By Rick Manning — One of the primary assumptions of the public is that journalists are supposed to provide the perspectives of diverse points of view in reporting stories. Editorial pages, on the other hand, are expected to provide readers with an unvarnished point of view, free […]
