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April 15, 2014

Deja 2000: Has the U.S. Been in a Technology Bubble That Just Burst?


The tech bubble of the late 1990s was fueled by an economy that embraced the optimism, so both fell hard and at the same time. The recent tech-stock sell off never got widespread economy buy-in because it's still struggling under President Obama's economic policies. That means the tech sell off is probably more a correction than a bubble that just burst.

April 8, 2014

One More Politically Damaging Part of Obamacare Gets Ignored


Democrats wrote, passed and praised Obamacare, including the legislation's cuts to seniors' Medicare Advantage program. But now that many of them are facing tough reelections, they asked the Obama administration to ignore the law and unilaterally postpone the cuts. The Obama administration responded by actually providing a spending increase.

April 1, 2014

Russia May Be an Energy Powerhouse, but It's an Economic Basket Case

Russia is a threat only because of it's military and energy resources, not because of it's economy. If the industrialized democracies, and especially the U.S., expand energy production, they can whittle away at Russia's budget and ability to create mischief.

March 25, 2014

Five Facts About the 'Equal Pay for Equal Work' Campaign


Democrats want to make what's known as the gender pay gap an issue. But economists point out that when relevant factors are considered, there is little of no gap between men' and women's wages.

March 18, 2014

The Red State-Blue State Divide on Getting People Back to Work


Red states are doing much better at reducing the rate of unemployment than blue states, largely because they shun the president's economic policies. Ironically, by doing so they lower the national unemployment rate making the president look better.

March 11, 2014

The Uninsured Rate Drops to Normal Levels and the Media Declare an Obamacare Victory


After a wrenching policy battle, billions of taxpayer dollars and a disastrous Obamacare rollout, a new study shows the uninsured rate has dropped to the high end of its historic level. But the media jumped on it as a clear sign that Obamacare is finally working.

March 4, 2014

The Correlation Between Minimum Wage Increase and Youth Unemployment


There is an interesting and close correlation between U.S. minimum wage increases and rising youth unemployment that implies that hiking to cost of labor does cost jobs.

February 25, 2014

Never Trust an Agency Head Complaining about Budget Cuts


Is Defense Secretary Chuck Hagel telling the truth when he says spending cuts to the defense budget means popular programs will be eliminated? Who knows?

February 18, 2014

Five Years After Obama's Economic Stimulus, Most Americans Believe the Country Is in Recession


The stimulus is five years old, and even as the Obama administration boasts of progress the majority of Americans still think the country is in a recession and jobs are at the top of their concerns.

February 11, 2014

If Obama Has Evidence of Pay Discrimination, He Should Produce It


President Obama is hawking the discredited claim that there is widespread pay discrimination between men and women. If he has evidence of pay discrimination, he needs to produce it.

 

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