Job growth continues to sputter—this morning’s jobs report shows that 12.1 million Americans are still out of work. Going against other economic indicators, the unemployment rate dropped to 7.8 percent. Economists are already looking into the drop, saying it seems to be a statistical fluke, because it doesn’t match up …
During his first answer of tonight’s presidential debate, President Obama repeated a claim regarding employment numbers that, while true, makes his own record on jobs appear rosier than reality. Specifically, the president claimed, “over the last 30 months we’ve seen 5 million jobs created.” While that is true, the president’s …
DENVER — Conservatives and progressives duked it out over policy Wednesday morning ahead of the first presidential debate of 2012 at the University of Denver. The Heritage Foundation and The Independence Institute hosted a wide-ranging pre-presidential policy debate in Denver, featuring policy experts and commentators from both sides of the …
The Obama Administration’s Commerce Department recently took a preliminary position in favor of ending a 16-year-old trade agreement governing tomatoes imported from Mexico. The Florida Tomato Exchange asked the Administration to end the agreement because it doesn’t want to compete with low-priced tomatoes grown in Mexico. This announcement took Mexico …
The NFL’s replacement referees have missed a number of calls in recent weeks. But they’d be correct if they decided to flag Washington Post writer Brad Plumer for unsportsmanlike conduct. He recently committed the sin of bringing politics to the newspaper’s sports section. Having done that, Plumer deserves an additional …
The market demand for all-electric cars envisioned by Toyota Motor Corporation has not materialized according to the company, forcing it to shed a projected battery-powered minicar line. The company is taking a different tack than its counterparts at General Motors or Nissan, planning to offer only 100 eQ all-electric vehicles …
Free checking accounts, once considered common, are becoming increasingly rare as the enormous costs of new regulations hit banks’ bottom lines. According to the just released 2012 Checking Survey by Bankrate, Inc., a publisher of financial information, only 39 percent of banks continue to offer free checking accounts, a sharp …
The states of Michigan, Oklahoma, and South Carolina have sued the Obama Administration in the U.S. District Court for the District of Columbia over provisions of the Dodd-Frank Act that allow the government to seize financial institutions. Several private organizations joined in the legal complaint, to challenge also the constitutionality …
We’ve all heard the recycled arguments: Women face a “gender gap” in pay. Women face a “glass ceiling” keeping them from professional achievement. But one female economist and author is busting those myths. Diana Furchtgott-Roth serves as a bold, bright and encouraging truth teller in a culture that is drenched …
