Chris Banescu | March 9, 2010
With the national unemployment rate at 9.7%, there are now 14.9 million jobless American workers. This is the highest number ever recorded since the 1950s. Some American workers have been collecting unemployment payments for as long as 99 weeks.
This situation was made possible by the multiple extensions of the unemployment insurance program passed [...]
| Chris Banescu |
Economics, Government, Politics |
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Chris Banescu | February 16, 2010
Yet another travesty is unfolding before our eyes in these United States of America. While tens of millions of Americans continue to struggle through difficult economic conditions, with hundreds of thousands more losing their jobs every month, tens of thousands more losing their homes and their businesses, and millions more facing salary cuts and [...]
| Chris Banescu |
Competitiveness, Economics, Government |
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Chris Banescu | February 9, 2010
A new report from the Bureaus of Labor Statistics that was released today, shows that almost 15 million Americans are currently out of work and unable to find jobs. Worse still, those with jobs have not seen their wages increase much in the last 10 years. However, government workers are enjoying a boom [...]
| Chris Banescu |
Economics, Government, Politics |
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Chris Banescu | January 27, 2010
Townhall | by Ed Feulner | Jan. 26, 2010
When future historians characterize this era, chances are they won’t label it as America’s “golden age.” Indeed, they may well mark 2010 as the year the United States became the home of the “mostly free.”
That’s the finding of the latest “Index of Economic Freedom,” an annual compendium [...]
| Chris Banescu |
Economic Freedom, Economics, Government |
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Chris Banescu | January 8, 2010
American Thinker | by Thomas Sowell | Jan. 8, 2010
Politicians like Barack Obama try to make you believe that someone else will pay the tax he wants to impose. For example, President Obama said he will increase taxes only for those making more than $250,000 per year. Other politicians, at other times, have told us [...]
| Chris Banescu |
Economics, Government, Taxation |
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Chris Banescu | December 11, 2009
American Thinker | by Thomas Sowell | Dec. 8, 2009
President Obama keeps talking about the jobs his administration is “creating” but there are more people unemployed now than before he took office. How can there be more unemployment after so many jobs have been “created”?
Let’s go back to square one. What does it take to [...]
| Chris Banescu |
Capitalism, Economics, Government |
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Chris Banescu | November 26, 2009
American Thinker | by C. Edmund Wright | Nov. 20, 2009
Can Barney Frank dunk on Lebron? No, he cannot. Nor can anyone else in Washington. Nor can they catch passes from Ben Rothlisberger in the Super Bowl or strike out Derek Jeter in the World Series. They are not equipped to do so. So what? [...]
| Chris Banescu |
Capitalism, Entrepreneurship, Government, Politics |
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Chris Banescu | November 18, 2009
Acton Institute | by Samuel Gregg | Nov. 18, 2009
It’s over a year now since the 2008 financial crisis spread havoc throughout the global economy. Dozens of books and articles have appeared to explain what went wrong. They identify culprits ranging from Wall Street financiers overleveraging assets, to ACORN lobbying policy-makers to lower mortgage standards, [...]
| Chris Banescu |
Economics, Government, Politics |
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Chris Banescu | October 21, 2009
Forbes.com | by Steve Forbes | October 19, 2009
How is wealth created? Seemingly a strange question for Forbes readers, but the question is hardly an academic one in the wake of the credit crisis and ensuing global recession. It has profound political implications that will affect our economic future.
Clearly, a sizable portion of the [...]
| Chris Banescu |
Capitalism, Entrepreneurship, Ethical Self-Interest, Government |
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Chris Banescu | August 27, 2009
The Washington Times | by Richard W. Rahn | Aug. 26, 2009
Why does it appear France is bouncing back more quickly from the recession than the United States? France has long been known for having an economy that suffered from too much government interference, too-high taxes and destructive union activity. Yet it grew 1.4 percent [...]
| Chris Banescu |
Competitiveness, Economics, Government, Taxation |
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