All Posts Tagged With: "jobs"
Lawrence O’Donnell and Government Job-Creation
Government “job creation” is like flying in a heavy fog without instruments.
23Dec2011 | Sheldon Richman | 35 comments | ContinuedUnemployment: What Is It?
Unemployment has regained center stage now that the debt crisis has receded from that position, at least for a time. Unless things change dramatically over the next year unemployment will be the number one issue in the forthcoming presidential election. Hardly any proposal will escape being labeled “job-killing” or “job-creating” or both. To begin with [...]
26Oct2011 | Warren C. Gibson | 2 comments | ContinuedMacroeconomics Needs SMUT
The value of anything, including labor and what it produces, is never disembodied: It is must be valuable to someone for something.
20Sep2011 | Sandy Ikeda | 19 comments | ContinuedDid Obama’s “Stimulus” Create or Save Jobs?
The official line is that President Obama’s 2009 “stimulus” package (tax cuts and spending increases) “created or saved” more than 3.5 million jobs. Is that so? It depends on what you mean by created, saved, and jobs. It is certainly true that the federal government gave money to the states and localities, and some of [...]
13Sep2011 | Sheldon Richman | 4 comments | ContinuedIt Makes One’s Head Spin
President Obama’s jobs program calls for cuts in both sides of the payroll tax. That tax finances Social Security and Medicare. Social Security and Medicare are already taking in less money than they need to pay retirees. So they will have to cash in more of the Treasury IOUs left behind when previous surpluses were [...]
9Sep2011 | Sheldon Richman | 11 comments | ContinuedNot All Job Destruction Is Creative
When government policy generates booms and busts, it creates unsustainable jobs that eventually will be destroyed.
26Aug2010 | Steven Horwitz | 10 comments | ContinuedMad About Trade: Why Main Street America Should Embrace Globalization
Free trade is the consumer’s best friend and a great contributor to peace. Pressing those ideas home is Cato Institute trade expert Daniel Griswold’s challenge in this book. He is mad for trade, while too many others are mad against trade. As an example of the latter, consider radio host and writer Lou Dobbs, who [...]
25Aug2010 | William H. Peterson | 1 comment | ContinuedIn Defense of the Huddled Masses
In April Arizona attracted national attention when it enacted a strict anti-immigration law, SB1070, which authorizes police having “lawful contact” with a person who arouses “reasonable suspicion” that he is an illegal alien to make a “reasonable attempt . . . to determine the immigration status of the person.” The law is intended to make [...]
25Aug2010 | Aeon J. Skoble | 21 comments | ContinuedGlobalization: The Irrational Fear that Someone in China Will Take Your Job
With the Obama administration turning toward trade protectionism, this is a good time to revisit the age-old controversy over free trade. Recent arguments have often centered on the supposed evils of globalization, and Globalization attempts, with only partial success, to deal with globalization anxiety. According to Greenwald (who teaches in Columbia University’s Graduate School of [...]
20Apr2010 | Phil Murray | 0 comments | ContinuedProducing Jobs: Thoughts on Obama’s Plan for Small Businesses
Too many policy boulders are being dropped in the water. One can hardly determine the effects of one before another one is thrown in the pool.
9Feb2010 | Bruce Yandle | 10 comments | ContinuedWhy Did the “Stimulus” Fail to Help the Economy?
Attempts to “stimulate” the economy through massive government spending may put money into the pockets of politically connected people, but it does nothing to restore the economic factors to their proper balances.
20Jan2010 | William L. Anderson | 28 comments | ContinuedWhere the Jobs Are
Robert Higgs, editor of The Independent Review and a Freeman columnist, has a revealing article on today’s employment and unemployment. Juicy tidbit: Total employment peaked in 2007 at 137.6 million persons on nonfarm payrolls, fell slightly in 2008, and then dropped precipitously in 2009 to 132.0 persons, for a two-year loss of 5.6 million jobs. [...]
12Jan2010 | Sheldon Richman | 1 comment | ContinuedTGIF: Workers of the World Unite for a Free Market
People typically become libertarians because they favor individualism and abhor seeing themselves and others abused. Unfortunately, nonlibertarians don’t know this. They think libertarians are simply pro-business (and anti-labor). We can set the record straight by acknowledging that government-business collusion hurts working people. The rest of TGIF is here.
18Dec2009 | Sheldon Richman | 0 comments | ContinuedTGIF: Snow Job Summit
What are the odds that yesterday’s White House jobs summit will lead to the creation of any real jobs? The summit was based on the magic theory of government: Say the right incantations and reality will be reshaped according to one’s desires. There are no economic laws. There is only will. If we all think [...]
4Dec2009 | Sheldon Richman | 0 comments | ContinuedSnow Job Summit
What are the odds that yesterday’s White House jobs summit will lead to the creation of any real jobs? The summit was based on the magic theory of government: Say the right incantations and reality will be reshaped according to one’s desires. There are no economic laws. There is only will. If we all think [...]
4Dec2009 | Sheldon Richman | 11 comments | ContinuedReal Jobs Create Wealth
If the government’s projects were truly worthwhile, they would be undertaken by private efforts, and in their quest for profits, entrepreneurs would handle them more efficiently.
Remember this when President Obama begins to boast about how successful his stimulus plan is.
21May2009 | John Stossel | 11 comments | ContinuedJob Loss Statistics
The media is buzzing this morning about job loss statistics because the BLS is estimating we lost 598,000 jobs in January. This, according to the press, is the worst in 34 years, since December of 1974.It’s bad. I’m not saying it isn’t bad. But the tendency for the press is to jump to historic conclusions. [...]
6Feb2009 | Mike Van Winkle | 0 comments | Continued-
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