Category Archives: Economy

Myths and Causes of Income Inequality

New York Times economics analyst Eduardo Porter recently penned two columns about income inequality in which he claimed that the “job market is not working to distribute wealth” and “has lost much of its power to deliver income gains to working families” over … Continue reading

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Getting a Handle on Budget Truths and Priorities

In what seems to be an admission that the Obama Administration often opts for symbols over substance, a recent editorial in The New York Times asserts that the White House’s latest budget submission is, “like all presidential budgets,” merely “a … Continue reading

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Lousy Economic Growth Results from Government Actions

America’s abysmal 0.7% economic growth during the fourth quarter of 2015 meant the annual growth rate was an anemic 2.4% … and average annual growth for the six-year Obama era is only 2.2 percent. This is “dead last compared to … Continue reading

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Economic Growth Slower Than We Want

Modest economic growth? Get used to it, according to the latest 10-year projection from the Bureau of Labor Statistics. With the annual pace of employment growth much slower in this expansion than it was in previous decades, it is easy … Continue reading

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A Poverty-Fighting Program That Pays Its Own Way

People have lots of ideas about how to address poverty. Most of them don’t work, as the United States has learned from more than 50 years of building a welfare state. Ever-hopeful social reformers always have some bright new idea … Continue reading

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