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    GDP Grew 2.5 Percent in the First Quarter

    After dreadfully low growth in the last quarter of 2012—just 0.4 percent—gross domestic product (GDP) returned to a healthier rate of growth of 2.5 percent in the first three months of 2013. The autumn’s drop in private inventories was reversed as companies stockpiled more goods in anticipation of future consumer … More

    Hard to Justify Across-the-Board Federal Pay Raises

    The House just voted on a proposal to extend President Obama’s (misnamed) “federal pay freeze” for another year. While Congress has better ways of reducing excessive federal compensation, this approach beats handing out an across-the-board raise. Americans should not have to take a vow of poverty to work in government, … More

    Do Government Workers Think They're Better Off?

    It’s hard to deny the benefits of working for Uncle Sam — outstanding benefits, good pay, and great job security. Though some government workers might throw up their arms in protest when confronted with the facts, a new poll shows that nearly half of government workers now say private sector … More