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...
by Dan Mitchell | Apr 6, 2012 | Blogs, Economics
The new unemployment numbers have been released and the White House must be somewhat happy. The joblessness rate is down to 8.2 percent, which means the number that gets the most publicity continues to move in the right direction. I’ve been predicting that Obama will...
by Dan Mitchell | Feb 26, 2012 | Blogs, Economic Growth
I’ve been a big critic of Obama’s policies on taxes, spending, regulation, and intervention, so you won’t be surprised that I argued on CNBC that his policies have made the economy worse. Here are two graphs, which I posted earlier this month, that make my point. The...
by Dan Mitchell | Feb 20, 2012 | Blogs, Economics
I’ve written periodically about the perverse incentives of the unemployment insurance system. Simply stated, there will be fewer jobs if the government subsidizes joblessness, and I even showed that this is a consensus position by citing the academic writings of...
by Dan Mitchell | Feb 3, 2012 | Blogs, Economics
The new unemployment numbers show a joblessness rate of 8.3 percent. From a political perspective, this is good news for the White House. Even though the Obama Administration projected that the unemployment rate today would be about 2-percentage points lower if the...
