In the midst of the worst economic downturn since the Great Depression, numerous unemployed but hard-working Americans have turned to federal job training programs. These programs, held up as a beacon of good government by politicians, are actually riddled with fraud, waste and mismanagement, according to a new report from …
The House of Representatives will soon vote on full repeal of Obamacare. In an attempt to defend the health care overhaul, Treasury Secretary Timothy Geithner writes this morning that, in light of continued unacceptably high unemployment, “Given where we are, we must do things that help bolster the recovery, and …
Repeatedly, reports have shown that Obamacare will increase job loss. But what happens when those who are laid off are the workers meant to enable the health care law’s expanded access of care: namely, hospital employees? According to one hospital, layoffs of workers have already begun as a result of …
The White House announced today that the Department of Interior will be lifting the ban on off-shore oil drilling. This is good news. The Bureau of Ocean Energy Management, Regulation and Enforcement Michael Bromwich had estimated that the ban cost the region more than 20,000 jobs. Unfortunately, the Obama administration …
A new report by the Energy Policy Institute, in collaboration with the American Council on Global Nuclear Competitiveness, titled “Economic and Employment Impacts of Small Modular Nuclear Reactors,” investigates how four separate scenarios of small modular reactor (SMR) construction could affect the U.S. economy. Growing interest and discussion surrounding the …
Congress must soon reach a consensus on whether, and on whom, they will raise taxes in 2011. With the economy at the forefront of Americans’ concerns, the effects of raising taxes for any income bracket are a serious matter. Proponents of tax hikes argue that reducing the deficit through increasing …
Today’s New York Times editorial on President Obama’s Cleveland political diatribe-cum-economic speech got one point right — Obama “took too long to engage this debate.” The rest of the editorial was little more than an epilogue to Obama’s political speech. One can see why the Times would avoid talking about the economic …
