by Dan Mitchell | Oct 3, 2012 | Blogs, Economics
There have been lots of studies showing that there’s no benefit to job training programs. People who sign up with these government schemes are not more likely to either get jobs or to earn more money. Heck, even the New York Times was forced to acknowledge that these...
by Dan Mitchell | Sep 8, 2012 | Big Government, Blogs, Economics, Government Spending, Keynesian
If it wasn’t for the fact that so many people are suffering and being seduced into empty lives of government dependency (symbolized by Julia, the world’s most disappointing daughter), I might feel sorry for President Obama. He promised unemployment would never climb...
by Dan Mitchell | Aug 28, 2012 | Blogs, Economics
I’ve done a few comparisons of economic performance under Reagan and Obama, sometimes using the interactive data from the Minneapolis Federal Reserve Bank. And I’ve done a few TV interviews on the same subject. But something was very different in this interview...
by Dan Mitchell | Aug 6, 2012 | Big Government, Blogs, Economics, Government Spending, Taxation
I almost feel sorry for the ideologues and partisan hacks who feel obliged to defends Obama’s miserable economic performance. Keynesian spending policies and class-warfare tax policies have produced dismal economic performance, with unemployment stuck above 8 percent...
by Dan Mitchell | Jun 1, 2012 | Big Government, Blogs, Economic Growth
The Labor Department just released its monthly employment report and the White House is probably not happy. There are several key bits of data in the report, such as the unemployment rate, net job creation, and employment-population ratio. At best, the results are...