As President Obama and Chinese President Xi Jinping settle into conversation in California for the weekend, there’s talk of …
Labor
The ‘World’s Longest Labor Strike’ Ends in a Whimper
Why is Texas Governor Rick Perry in Illinois?
Like an aging rocker, Texas Governor Rick Perry is currently on the 2013 I’m Coming For Your Jobs tour across America. His first stop: California a couple months ago. This week he’s in Illinois, where he got a nasty reception from public officials. The trips are part of an effort to get businesses from highly taxed and heavily …
Europeans Are Thinking the Unthinkable: That Debt Defaults Might Make Sense
Instead of struggling to keep the euro zone together, default may be less painful in the long run for the people of overindebted countries
If There’s No Inflation, Why Are Prices Up So Much?
Many of the costs faced by typical American households are rising faster than the official inflation statistics indicate.
Why Many Americans Feel Like They’re Getting Poorer
Since the recession ended, the economy has never grown fast enough to make up for lost ground – and that’s helping to keep household income depressed for as much as half the population.
Obama’s Proposal to Boost the Minimum Wage: Will It Help or Hurt Workers?
Of the proposals in President Obama’s State of the Union address, the one that’s perhaps getting the most attention is his push to have the federal minimum wage raised from $7.25 to $9.00 per hour. There are many reasons for …
6 Reasons the Stock Market Could Do Surprisingly Well in 2013
A slow-growing economy with little inflation can actually be the best environment for blue-chip stocks.
Why the Fiscal Cliff Deal Should Have Included Social Security
Social Security may not add to the deficit, but it does add to the national debt. Fortunately, it’s easy to fix this.
Why the U.S. Has a Worse Youth Unemployment Problem than Europe
Meet the NEETs, the under-25s who don’t work but who also aren’t receiving professional training and are no longer in school
Romney’s Dismaying Attack on Garage-Based Businesses
The most infuriating moment of the first presidential debate between Mitt Romney and President Obama hasn’t gotten the attention it deserves.
That moment was when Governor Romney, the Republican, in response to a question …
What Are the Jobs Figures Really Telling Us?
Has anything really changed in the labor market? That’s the question I’ve been asking myself since last Friday’s jobs figures, the most positive in three and a half years, came out. Unemployment is finally below 8%, and …
