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 engaged in so-called “quantitative easing” […]

Developing . Americans for Limited Government President Bill Wilson today issued the following status on the worsening unemployment situation in the U.S., with the rate remaining at 9.6 percent and underemployment rising to 17.1 percent: “September marks the 17th straight month that unemployment has been at or above […]

By Howard Rich – As the infamous Troubled Asset Relief Program (TARP) winds down this week, Republicans and Democrats in Washington, D.C. are patting themselves on the back for a job well done. Not only are they claiming to have saved the nation from a […]

When the housing bubble popped in 2007 and financial mayhem ensued over the next two years, revenues to the federal and state governments dried up. This has produced untenable budget situations as states struggle to keep spending at pre-financial crisis levels. “Stimulus” has been justified […]

Are U.S. taxpayers helping China to modernize its armed forces via interest payments owed on the national debt? Every year, the U.S. pays out substantial interest on its now $13.6 trillion national debt. In 2010, those interest payments totaled $203 billion based on the latest numbers , some $15 billion more than the White House Office […]

Over the past week, we examined Maine , Vermont , Tennessee , Arkansas and Alaska to see the effects that the “Summer of Recovery” and “stimulus” had in those states. The data further proves that the “stimulus” has had little effects on job recovery. For instance, every state we have […]

Continuing on the Recovery Summer and Stimulus: State by State , we head to Alaska. Quick Alaska facts: In January of 2009, the unemployment rate in Alaska was 7.1%. As of July 31, 2010, the unemployment rate was 7.7% (Source: Bureau of Labor Statistics ) According to Recovery.gov, Alaska has received only 2,555 awards. This has […]

When the October 8th unemployment report is released, it will likely show that it has now been 17 straight months with unemployment at or above 9.4 percent . That would make this the worst period of sustained high unemployment since the Great Depression. Many Americans rightly fear that a double-dip recession may be upon us. […]

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 […]