by Dan Mitchell | Feb 5, 2014 | Blogs, Economic Growth, Economics
Looking at labor markets, my biggest concern is the drop in labor force participation. The data from the Labor Department on the employment-population ratio, for instance, suggest a permanent reduction in the share of the population that is working. And since economic...
by Dan Mitchell | Feb 2, 2014 | Big Government, Blogs, Welfare and Entitlements
As part of his State-of-the-Union speech, President Obama announced he was going to unilaterally create a new retirement savings account that supposedly would be available to all workers. Employers would be mandated to facilitate these”MyRA” accounts, and the money...
by Dan Mitchell | Jan 23, 2014 | Blogs, Health Care
The President’s main “accomplishment” has been such a disaster that I wonder whether it’s time to feel sorry for Obama. Today, we’re going to look at the opinions of two experts, both of whom expect further bad news for Obamacare. Here’s some of what Michael Tanner,...
by Dan Mitchell | Jan 19, 2014 | Blogs, Economics
According to the most recent numbers from the Bureau of Labor Statistics, the unemployment rate has dropped to 6.7 percent. Is this good news? Well, it’s depends on your benchmark. Compared to France’s anemic economyand double-digit levels of unemployment, America is...
by Dan Mitchell | Jan 3, 2014 | Blogs, Health Care
I hate to dredge up bad memories so early in a new year, but we need to remind ourselves of the awful TARP bailout of 2008. Our financial system had gone out of whack because of bad monetary policy from the Federal Reserve and unsustainable housing subsidies from...
