According to reports, Christina Romer, Chairman of the President’s Council of Economics Advisers (CEA) is calling it quits. Why does this matter? Another ignored economist leaves Washington with a slightly tattered professional reputation to be received joyously back in the arms of her colleagues in academe having served in a …
The Obama Administration announced “Recovery Summer” in June to highlight the expected gains in jobs and economic strength resulting from Obama’s stimulus.. Well, maybe next summer. Initial estimates from the Department of Labor (DOL) suggest the economy shed a whopping 131,000 jobs in July while employment for the prior two …
Google and Verizon, two of the leading antagonists in the long-running drama over FCC net neutrality regulation, may be about to call a truce. According to numerous media reports, the two firms have or will soon agree to a compromise framework for regulation, which would provide for a limited degree …
By the only objective standard available, President Barack Obama’s $862 billion economic stimulus has been a complete failure. His administration promised the American people that if the stimulus passed unemployment would never be higher than 8%. It blew past that and hit 10.1% in March 2009 and currently stands at …
Managing the city of Bell, California, is apparently twice as challenging as being President of the United States. The Los Angeles Times reported on July 15, that Bell’s soon-to-be-former Chief Administrative Officer Robert Rizzo earns $787,637 a year. Bell is not exactly a wealthy metropolis. It is a small, predominantly …
According to President Obama, “every economist who’s looked at it says that the Recovery Act has done its job.” The four economists gathered at the National Press Club on Tuesday were apparently not asked for their opinions on the matter. Tuesday’s program, “Debt and Deficits: Implications for U.S. and Global …
The President is scheduled to sign the financial overhaul bill today, yet he might want to pause a moment to consider not signing this bill because of the potentially unconstitutional racial and gender preference provisions buried in the massive bill. Four members of the U.S. Commission on Civil Rights have …