by Dan Mitchell | Apr 10, 2013 | Blogs, Economics, Keynesian
When the monthly job numbers are released, most people focus on the unemployment rate. On many occasions, I’ve cited that number, usually to point out that the unemployment rate is far higher than the Obama Administration promised it would be if the so-called stimulus...
by Dan Mitchell | Apr 4, 2013 | Blogs, Economics
One of the great things about federalism, above and beyond the fact that it both constrains the power of governments and is faithful to the Constitution, is that is turns every state into an experiment. We can learn what works best (though the President seems...
by Dan Mitchell | Mar 7, 2013 | Blogs, Economics, Minimum Wage
Should the federal government make life more difficult for low-skilled workers? I hope everyone will emphatically say “NO!” Heck, most people understandably will think you’re crazy for even asking such a preposterous question. But some of those people will also think...
by Dan Mitchell | Feb 4, 2013 | Big Government, Blogs, Economics
First, some good news. The United States is in much better shape than most other developed nations, particularly if you look at broad measures of prosperity and living standards. And our economy is growing and the private sector is creating jobs. That’s the...
by Dan Mitchell | Feb 2, 2013 | Blogs, Economics
I almost feel sorry for the Obama Administration’s spin doctors. Every month, they probably wait for the unemployment numbers from the Bureau of Labor Statistics with the same level of excitement that people on death row wait for their execution date. This has been...
