The U.S. has clearly overcome the financial crisis, even as many other countries continue to struggle, but the impact on investments is sometimes perverse. As the Fed lowered interest rates,…
Prosperity Is Better Than Government for Fighting Poverty
National prosperity is more effective than government programs at fighting poverty. As proof, consider the U.S. Labor Department’s latest job statistics. With tax reform and deregulation making an impact, 600,000…
Almost Nobody Left Behind in U.S. Labor Market
If you started a new job last month, you’re not alone. In fact, 313,000 Americans found jobs in February. While 92,000 people found jobs in construction and manufacturing, another 50,000…
The Not-Working Class
In a capitalist country like ours, hard work is supposed to be rewarded and slothfulness is considered one of the seven deadly sins. So what to make of the “quiet…
Another Record Smashed: More Than 100,000,000 Americans Not Working
The Labor Force Participation Rate has fallen and it can’t get up. The U.S. Bureau of Labor Statistics (BLS) reported this week that 90,609,000 Americans who are 16 or older…