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    Government Unions vs Middle Class Jobs

    In the Sunday New York Times, Paul Krugman argued that the only way to “restore the middle-class society we used to have” is by shoring up collective bargaining rights for unions—”so that ordinary workers as well as superstars have the power to bargain for good wages.” The same day, a … More

    Morning Bell: The Jobs Obama is Leaving Behind

    Yesterday, Interior Secretary Ken Salazar testified before the House Natural Resources Committee on the Department of the Interior’s Fiscal Year 2012 Budget proposal. When pressed by Rep. John Fleming (R-LA) about the de facto offshore drilling moratorium the Obama Administration has inflicted on his district, Sec. Salazar responded: “When you … More

    Federal Workforce Continues to Grow Under Obama Budget

    Since the beginning of the last recession (December 2007) the private sector workforce has shrunk by 6.6% while shedding more than 7.5 million jobs. Over that same time period, the federal government workforce (excluding Census and Postal workers) has grown by 11.7% while adding 230,000 jobs. This trend has continued … More

    House Education and Workforce Committee: Obamacare Is a Job Killer

    The effects of Obamacare will reach every niche of the health care system, but they won’t stop there. The new health law will also have widespread negative effects on the economy, especially businesses, which are already facing growing health care costs and incentives to dump coverage altogether. Congressman John Kline … More

    Federal Job Training Programs Plagued by Fraud, Waste and Mismanagement

    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 … More

    Time of Reckoning Has Arrived

    The spread of economic freedom, reinforced by innovative ideas and entrepreneurial activities, has created forceful dynamics that generate greater economic opportunity and prosperity on an unprecedented scale in many parts of the globe. Unfortunately, the revolution has largely left the Middle East and North Africa behind. In the absence of … More

    The Numbers Don't Lie: Reagan Recovery Far Stronger Than Obama

    The Great Recession lasted 18 months—slightly longer than the recession of 1981—and it might not be fair to compare the two. Unemployment was higher, for example, during the 1981 recession. But Reagan’s approaching centennial brings to mind the Reagan Recovery, and the economic climate of 1983 must be enviable from where … More

    The World Powers Up While America Powers Down

    The Wall Street Journal reports: “The global oil industry, far from chastened by the catastrophic spill in the U.S. Gulf of Mexico, is planning record spending next year, including a large amount for deep-water development. … Barclays estimates spending on new wells, producing platforms and other energy infrastructure will total … More

    Environmentalists New Plan Same as Old Plan: Higher Energy Costs, Fewer Jobs

    The Washington Post‘s Juliet Eilperin reported yesterday that “U.S. environmentalists are engaged in their most profound bout of soul-searching in more than a decade” and are planning to “redirect strategies” in the coming year. Faced with the failure of cap and trade and the defeat of “many of their political … More

    Reagan Recovery vs. Obama Recovery in Pictures

    According to The National Bureau of Economic Research, the Great Recession began in December 2007, lasted 18 months, and ended in June 2009. The last recession that lasted this long  began in July 1981, lasted 16 months, and ended in November 1982. No two recessions are the same. And no … More