That sound you hear is silence—as millions of small business owners and entrepreneurs were left speechless this weekend from President Obama’s latest insult. The slap in the face to hard-working Americans conveyed Obama’s belief that it takes a village—a heavily subsidized village—to create that venture you’re profiting from: Somebody helped …
Today’s jobs report is a broken record, with the unemployment rate stuck at 8.2 percent. The Department of Labor reports that only 80,000 jobs were added in June—consistent with other data revealing the economy has downshifted from slow to slower. This picture is starkly different from the economy President Obama …
While fears of “outsourcing” continue to make headlines, the facts show there is no “giant sucking sound” resulting from dollars fleeing the United States to be invested in other countries. Outsourcing occurs when companies close facilities in the United States and invest in new operations in other countries. Some people …
In a recent New York Times column, a professor of economics argued that the reason we’re mired in economic malaise is that we’re too productive. Ever-increasing productivity means that if our economies don’t continue to expand, we risk putting people out of work.…What, then, should happen when, for one reason …
President Obama’s latest speech laid out some policy retreads for tackling the tepid recovery, while he lectured Europe to get its act together. He is right about the sorry state of the U.S. economy, which has proven highly resistant, if not downright impervious, to his past stimulus efforts. And he …
Within one year of being elected, Governor Scott Walker (R) reformed the state’s public sector pension system, eliminated a $3.6 billion budget deficit without raising taxes, saved taxpayers hundreds of millions of dollars, and helped create the conditions that have allowed Wisconsin’s economy to grow again. Meanwhile, thanks to the …
A funny thing happened on the way to the recall. Government unions organized Wisconsin Governor Scott Walker’s (R) recall in retaliation for limiting their collective bargaining powers. But the Democratic candidate, Milwaukee mayor Tom Barrett, barely mentions the collective bargaining law on the campaign trail. That is probably because—now that …
For some professions, it makes a lot of sense to have some high standards before you’re allowed to work — doctors, pharmacists, pilots, you get the picture. But did you know that some states have some serious hurdles for jobs like makeup artists, tree trimmers, animal trainers and massage therapists? …
