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George Will: In a stew over inversions

 Barack Obama, presiding over an unusually dismal post-recession economy, might make matters worse with a distracting crusade against the minor and sensible business practice called “inversion,” more about which anon. So, consider his credentials as an economic thinker. Obama, who thinks ATMs and airport ticket kiosks cost America jobs, gave a speech last year regretting that Maytag […] Continue reading →

Trampling on Coal Country Families

Paul Driessen  Between 1989 and 2010, Congress rejected nearly 700 cap-tax-and-trade and similar bills that their proponents claimed would control Earth’s perpetually fickle climate and weather. So even as real world crises erupt, President Obama is using executive fiats and regulations to impose his anti-hydrocarbon agenda, slash America’s fossil fuel use, bankrupt coal and utility […] Continue reading →

Fed Sees Labor-Market Slack Even After Unemployment Rate Dropped

 The Federal Reserve said the labor market still has plenty of room for improvement, even after a surprising drop in unemployment, bolstering the case for keeping interest rates low. “A range of labor-market indicators suggests that there remains significant underutilization of labor resources,” the Federal Open Market Committee said today in a statement in Washington, […] Continue reading →

Real Unemployment Rate Is at Least 18 Percent

Peter Morici  Friday, the Labor Department is expected to report the economy added 235,000 jobs in July, and the unemployment rate remained steady at 6.1 percent, but that hardly tells the story. The jobless rate may be down from its recession peak of 10 percent, but much of this results from adults, discouraged by the […] Continue reading →

International advisor warns: Expect more companies to quit US

George Prior  Living standards, jobs and long-term economic growth are at risk because an increasing number of United States firms are likely to relocate overseas due to America’s current “uncompetitive and anti-business” corporation tax rate, warns the boss of one of the world’s largest independent financial advisory organizations. The prediction from Nigel Green, the founder […] Continue reading →

The Brilliance of Obamanomics?

Michael Schaus  Brace yourself… Skepticism, doubt and criticism of Obamanomics (all of which are, undoubtedly, based in racism) will be cast aside. Why? Because, according to the 20-something-year-old White House intern that is in charge of the official White House twitter account, “Our businesses have added nearly 10 million new jobs over the past 52 […] Continue reading →

Has Citizenship Jumped The Shark?

Derek Hunter  Growing up, I was – as I assume you were – inundated with lists of “the benefits of citizenship.” The list was long and capped, naturally, by the fact the United States was the best, strongest, freest nation on the planet. Being an American was a source of pride. But is it still? […] Continue reading →