• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • unemployment

    Morning Bell: The Question That Didn't Get Asked

    Yesterday before President Barack Obama’s 100 days news conference, the Commerce Department released data showing that the U.S. economy shrank at an annual rate of 6.1% in the January-March quarter. This comes on top of a report from the Bureau of Labor and Statistics released earlier this month showing that … More

    Obama's "Create or Save" Jobs Farce

    The Associated Press’s Spin Meter feature reports today that: “Politicians announcing stimulus jobs faster than stimulus can (maybe) create them.” How true. President Barack Obama’s Organizing for America  website claims to show jusr how many jobs have been “Created or Saved” by Obama’s stimulus package already. This despite the fact … More

    'We're Spending More Than Ever and It Doesn't Work'

    “We have tried spending money. We are spending more than we have ever spent before and it does not work.” Sound like, oh, Rep. John Boehner of Ohio or some other exasperated Republican stalwart lamenting proposals to spend our way out of the recession? Listen again: “I want to see … More

    Bell Ringers

    A round-up of Op-Eds from The Heritage Foundation Job Jitters – James Sherk America has faced much more serious problems in the past. If you have a job today that isn’t directly affected by housing markets or energy prices, you have little to fear from reports of rising unemployment.[...] Mr. … More

    High Cost of Energy, Food Hurt August Employment Numbers

    Heritage’s James Sherk says the employment estimates for August are being affected by the collapse of the housing bubble and the high cost of energy. The unemployment rate rose to 6.1%, a five-year high, primarily the result of large job losses among automobile manufacturers. He talked about the August employment … More

    School's Out For Summer!

    The jump in unemployment from 5.0% to 5.5%, the largest jump in over 20 years, is definitely an indication of a sluggish economy. But the sky is not falling. Heritage scholars Rea Hederman, Jr. and James Sherk explain why: There are, however, two reasons why this large jump in the … More

    The Do's and Don'ts of an Economic Stimulus

    President Bush and congressional Democrats appear ready to put their partisan differences behind them and strike a deal on an economic stimulus package. However, before lawmakers and the White House get too cozy, conservatives are reminding Bush to consider the consequences of issuing tax rebates — repeating a mistake his … More