5 Years of Obama: The Real Story
Considering the country’s weak economic growth of just 0.1 percent last quarter, it is worth reflecting on the recovery effort that President Obama and his… Read More
Jobs Report: Unemployment Down, But 800,000 Leave Workforce
The headline figures for the April employment report finally demonstrate strong labor market growth. A deeper dive into the report, however, shows it remains too… Read More
Who Creates Jobs—and Why?
If you want to protect spending in Washington, call it “job creation.” That’s the flip side of yesterday’s quip by Jared Bernstein, senior fellow at… Read More
CBO Again Repeats Faulty Methodology to Estimate Impact of Stimulus
There they go again. The Congressional Budget Office (CBO) just released yet another report on the beneficial impacts on the economy of President Obama’s 2009… Read More
The Fed’s Monetary Policy Matters, Too
It’s easy to get distracted with news like the guessing game of who will replace Ben Bernanke. But the more important issue is: What is… Read More
Economic Growth Remains Too Slow Because of Policy Uncertainty
Today’s report on gross domestic product (GDP) shows that not much changed in the economy during the second quarter. The Bureau of Economic Analysis’s initial… Read More
ANALYSIS | Obama’s Economic Speech: Another Summer Rerun
President Obama traveled to Illinois today to give the same tired, worn-out economic speech he’s been giving for almost five years now. Rather than offering… Read More
Hurricane Sandy Relief Bill: Wasteful Spending Not Helpful
On Tuesday, President Obama signed into law a $50 billion recovery package for states hit by Hurricane Sandy. Much of the proposed spending in the… Read More
Chart of the Week: Slowest Economic Recovery Since the 1960s
Americans could be waiting another five years for a return to normal employment based on the sluggish pace of the U.S. economy. After nearly four… Read More
Morning Bell: Unemployment Rate Inches Back Up
The October jobs report essentially agrees with the rest of the current data on the economy—the economy is growing slowly, too slowly to bring down… Read More
