Posts Tagged ‘Jobs’

Perversely, this is good news because it shows how Liberalism/Keyensianism failed miserably.  Top down command control from far away elites, with targeted measures to control and plan the economy, just does not work.  And the people know it (see here).  The strong market over the last couple of days has reacted to movement on the policy front toward growth initiatives, however so slight, by Congress and the White House. No matter how well

The improvement in the year-over-year growth rate that we have been seeing has accelerated impressively from 4.63% in the prior period to 6.32% over the past four weeks ending August 13th. The private economy has been creating jobs for 5 straight months, according to the Bureau of Labor Statistics. Employers have also been extending hours-worked, and that is probably what is making the withholding-tax data look so impressive. See the second chart.

Regime uncertainty in real life: In this video, a reporter for the Orange County Register does some research and actually talks to California CEOs to find out why they are not hiring in the United States.  Here's a guy that has cut through the rhetoric and asks real life people why they are not hiring. Bigtime HT: To Get Rich Is Glorious Here's some of the answers: 1. Higher costs imposed by the Federal and State (CA) governments 2. Fear of what

BERK: There is always what you see and what you don't see in economics.  In this WSJ article, we find that proponents of government spending - increasing the size of government - are jumping through hoops to justify last year's stimulus plan.  The people don't believe it worked because it did not work, unless you are an employee in a government union. Then your job was saved or your raise was not fiddled with.  Read the description below and you

I have been writing about "regime uncertainty" for months.  Essentially, regime uncertainty is the pessimism and inertia of the private sector when confronted with radical change in government policy, laws and regulations.  If there is very little visibility, businesses stop expanding...period.  This uncertainty leads to a helplessness that is caused by a genuine lack of faith in the future.  For most Americans, the change that the most progressive politicians have been pushing caused them to crawl into a shell.  Perhaps

BERK:  The Sunday chat shows will be talking about a new stimulus spending proposal coming from the President.  Every bit of stimulus spending simply creates more uncertainty for businesses that are worried that the out of control and unaccountable government in Washington will need to raise taxes soon and well into the future - who would make decisions to hire under these circumstances?  Few have so far. Brian M. Riedl of the The Heritage Foundation explains why despite decades of repeated failure, President Obama

Dec 8 MyBusiness.com Today President Obama outlined a series of initiatives designed to spur job growth—particularly by small business owners. "Where was this proposal more than a year ago when the economy nose-dived?" you're probably thinking. And you're right, but so is the saying better late than never. As outlined in this New York Times article, the proposals include a tax credit and a temporary elimination of capital gains for small businesses that create new jobs. Obama