By Robert Romano Federal Reserve Vice Chairman Stanley Fischer let the cat out of the bag on March 23 when he told the Economic Club of New York that raising the federal funds interest rate from its near-zero levels “likely will be warranted before the end of the year.” Fischer’s comments were immediately followed by St. Louis […]

By Robert Romano You’re a slacker! That is Heritage Foundation economist Stephen Moore’s apparent take on young people failing to enter the workforce — reminiscent of the depiction of Principal Strickland in Back to the Future — writing an op-ed in The Washington Times, “Young Americans opting out of workforce.” In it, Moore […]

By Robert Romano Much has been made of the Federal Reserve dropping its “patient” stance against raising the Federal Funds Rate from its near-zero rate where it has stood since late 2008. Previously, the nation’s central bank had promised as recently as January 28 that “it can be patient in beginning to normalize the stance […]

By Robert Romano In December,  the National Labor Relations Board (NLRB) issued controversial new regulations on union representation elections , significantly reducing the period between the filing of a petition and a union election occurring. Through shortened election periods, the agency is limiting the time an employer has to communicate with his or her employees about the implications of unionizing the […]

By Rick Manning “The proposal of any new law or regulation of commerce which comes from this order [CORPORATE OWNERS] ought always to be listened to with great precaution, and ought never to be adopted till after having been long and carefully examined, not only with the […]

By Robert Romano In February, the unemployment rate dropped to 5.5 percent, reports the Bureau of Labor Statistics . Whoop-dee-doo. But how many people are really finding work in this economy? Since January 2007 , before the recession began, the population of those aged 25 to 64 has increased by 7.8 million. But only 633,000 of […]

By Rick Manning President Obama’s famous pen and phone were hard at work last week, as he launched an attack on some of his closest allies. Using 80-year-old telecommunications law, the Federal Communications Commission, under what appears to be direct orders from the President, announced far-reaching rules […]

By Robert Romano The economy only grew at an inflation-adjusted 2.4 percent in 2014 reports the Bureau of Economic Analysis after it downgraded fourth-quarter growth in its most recent report . Must’ve been that cold weather again. Readers will recall that was the explanation offered earlier last year for a terrible […]

By Robert Romano “Why even have a Congress?” That was Americans for Limited Government President Rick Manning ’s question on the Federal Communications Commission’s (FCC) 3-2 vote in favor of new so-called “net neutrality” regulations. The final rulemaking, the text of which has not been released yet, will include “reclassification of broadband Internet access as a […]

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