Obamanomics in decline
Falling income and employment is becoming the new normal Fewer Americans will be returning to the work force after the traditional Labor Day holiday. Labor force participation is at the…
Jobless rate is worse than you think
by Heidi Shierholz On Labor Day, we celebrate the American worker. And more than four years since the Great Recession ended in June 2009, the unemployment rate is 7.4%, a big…
The truth about falling wages
The left and “progressives” love to blame wage stagnation on greedy businesses wanting to gobble a larger share of the pie. But it’s actually a product of businesses’ uncertainty about…
The Unaffordable Careless Act
Small businesses won’t grow, and more employees will work fewer hours. That’s just for starters. by Karl Rove Harvard (and later Columbia) sociologist Robert K. Merton wrote in 1936 about…
When welfare pays better than work
by Michael Turner Here’s an offer for you: $38,004 per year, tax free. No work required. Apply at your local welfare office. The federal government funds 126 separate programs targeted…
Yet another magical economy tour went about as well as you’d expect
by Ed Morrissey Three weeks ago, Barack Obama launched a cross-country speaking tour to boost his economic policies, a campaign that included an appearance on The Tonight Show with Jay Leno.…
Businesses and Unions say employee hours cut because of ObamaCare but Whitehouse denies it
NBC News contacted around 20 small businesses and other entities for this report and found that employee hours are being cut to 29 hours because of Obamacare, despite the delay…
Obamacare Will Foster a Part-Time Job Economy
by Richard M. Salsman The “Patient Protection and Affordable Care Act” (aka, “ObamaCare,” enacted in March 2010) is so “affordable” that more than 1200 companies (half the number) and unions…
Obama’s Economic Failure
by Larry Elder How’s the left-wing, ivory-tower, we-know-best elitist Obamanomics working for you? Here’s the news. First-quarter gross domestic product numbers for 2013 were recently revised — downward from 1.8…
Data of Prosperity Past
The latest GDP revisions underscore how subpar the current recovery is. The good news is that the Commerce Department’s second-quarter GDP report shows that the U.S. is richer and the…
Obama’s Keystone Job Claims is Phony
President Barack Obama falsely claims that the jobs created by the pipeline from Canada would be but a “blip relative to the need,” ignoring his own State Department and the…
Middle class left behind by Obamanomics
by Timothy P. Carney “Even though our businesses are creating new jobs and have broken record profits,” President Obama said in his economics address last week, “nearly all the income…
What has Obamanomics brought us?
by Bruce McQuain As much as the president would like to blame our economic ills on the other party, or George Bush or, well, just about anyone, the fact is…
Is the President out of ideas?
In the aftermath of President Obama’s tenth pivot to jobs and economic growth in less than five years, liberal Washington Post columnist Dana Milbank suggests that Obama is out of…
A Jobless Recovery Is a Phony Recovery
More people have left the workforce than got a new job during the recovery—by a factor of nearly three. by Mortimer Zuckerman In recent months, Americans have heard reports out…