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    CBO Warns: President Obama and Congress Risk Triggering Another Recession

    About 1.6 million American jobs hang in the balance. That is the clear implication of analysis contained in the annual budget update by the Congressional Budget Office (CBO). Along with all manner of dire and dreary budget data reflecting President Obama’s budget and economic policies to date, CBO provides its … More

    The Results Are In: Chinese Stimulus Fails

    Almost four years after implementation of worldwide economic “stimulus,” global growth remains stalled. In the U.S., the unemployment rate is still over 8 percent. In the second quarter of 2012, official Chinese GDP growth slipped to 7.6 percent, the lowest in three years. According to its National Bureau of Statistics, … More

    Morning Bell: 'Pizza Tax' Only a Hint of Obamacare's Costs

    Papa John’s Pizza founder John Schnatter spurred new outrage over Obamacare when he said recently that the law will hike pizza prices. But his business isn’t the only one that will have to pass its new costs on to consumers—or cut back, which will mean even fewer jobs. At least … More

    Trading Up to Create Better Jobs

    According to a recent USA Today/Gallup poll, creating good jobs should be the number one priority for the next President. One of the best ways to create good jobs is to expand free trade. Consider the following numbers: In the five years after the North American Free Trade Agreement (NAFTA) … More

    Morning Bell: Has Any Administration Policy NOT Killed Jobs Lately?

    Congress has headed off for its long vacation-and-campaign season, fleeing Washington as the unemployment rate rises. According to the Labor Department’s July jobs report, the unemployment rate ticked up to 8.3 percent, 12.8 million Americans are out of work, and 5.2 million have been out of work for at least … More

    Bashing China Won’t Fix Our Economy

    Both ends of the political spectrum seem to be competing to be tougher on China economic issues. They’re both wrong. Chinese policy does warp the global economy in a number of ways, but 99 percent of our current problems is of our own making. Bashing China feels good but accomplishes … More

    Morning Bell: Jobs, Unemployment Stuck

    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 … More

    Author Ed Conard Talks Bain Capital, Economics and Obama's Record

    Edward Conard spent 14 years as a partner at Bain Capital, the most scrutinized company in America. But these days, he’s in the news for another reason. As the author of “Unintended Consequences,” Conard has challenged the conventional wisdom about the U.S. economy and outlined ideas that have resulted in … More

    North Dakota's Economic Boom Inspires Action on Energy Legislation

    The U.S. House will vote next week on a package of energy and jobs bills Republican leaders say will help lower the price of energy and boost economic growth. The Domestic Energy and Jobs Act combines seven energy-related bills aimed at boosting energy production on federal land. House Majority Whip … More

    Morning Bell: The Private Sector is Not "Doing Fine"

    In now-infamous comments on Friday, President Barack Obama informed America that “the private sector is doing fine.” This, of course, was news to the 12.7 million people who are out of work and the millions more who are struggling with the part-time jobs they can find, or have simply given … More