by Eric Lotke | Nov 6, 2009 | Blog
Today’s unemployment data contain gloomy news. Gloomy, but expected. The interpretation of the data is even worse. First, the data. Unemployment rose to 10.2 percent last month, breaking the double digit barrier. Most people expected it to happen, though the job loss...
by Isaiah J. Poole | Nov 6, 2009 | Blog, Economy
News of the potential use of U.S. stimulus funds for a wind power project in Texas that will produce 2,000 Chinese manufacturing jobs—but a scant number of American jobs—has generated justifiable outrage, including a letter from Sen. Charles Schumer,...
by Dave Johnson | Nov 6, 2009 | Blog
The Obama administration is taking steps to begin rebalancing trade with China -- and creating JOBS. In this case it looks like China has been "dumping" steel pipes --selling at prices that are below market -- to capture business away from American companies, causing...
by Bill Scher | Nov 5, 2009 | Blog
The House is expected to vote on comprehensive health care reform Saturday. And conservatives have no excuse for voting against it. Their main concerns have been addressed. Conservatives have continually complained that committee votes occurred without full cost...
by Bill Scher | Nov 5, 2009 | Blog
Today, Sen. Barbara Boxer rammed through the Environment and Public Works Committee her version of clean energy jobs and climate protection legislation without any amendments, in order to circumvent the Republican boycott of the committee proceedings. There's no way...
by Eric Lotke | Nov 5, 2009 | Blog
Today’s “Productivity and Costs” data from the Bureau of Labor Statistics contain what looks like good news. Productivity increased at a 9.5 percent annual rate during the third quarter of 2009, the largest gain since 2003. The Associated Press called it “sizzling.”...
