Jobs and economy (page 379)

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    This weekend on Carolina Journal Radio

    Has the state government handed pink slips to tens of thousands of public workers, as left-leaning critics of the Republican state budget predicted back in the summer? A recent report from the Office of State Budget and Management suggests the criticism was overblown. You’ll hear highlights from a legislative debate…
    Mitch Kokai, December 2, 2011
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    Our interests or the banks’ interests?

    Kevin D. Williamson probes the Fed’s motivation in his latest column for National Review Online: The question is: What is the Fed thinking? Is it looking out for the United States, or is it looking out for the banks? The generous interpretation…
    Mitch Kokai, December 1, 2011
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    Sure as day follows night, an economist named Galbraith will embrace a goofball idea

    What’s the No. 1 step the federal government could take now to address our economic woes? Bloomberg Businessweek asked University of Texas professor James K. Galbraith, son of one the most prominent Keynesian economists in history. So what should be done? Since…
    Mitch Kokai, November 30, 2011
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    Don’t like income inequality? Walter Williams says, ‘Blame consumers’

    Walter Williams‘ latest column delves into little-appreciated facts surrounding income inequality in the United States: How did [J.K.] Rowling become so wealthy and unequal to the rest of us? The entire blame for this social injustice lies at the feet of the world’s children…
    Mitch Kokai, November 29, 2011
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    Another sign that college is oversold?

    The latest Newsweek features an article headlined “The Great American Internship Swindle,” which documents the growing trend of college students paying to provide free labor for employers. (Not directly, mind you. The students pay for the credit hours assigned to their free labor in unpaid internships.) Regardless of…
    Mitch Kokai, November 28, 2011
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    This weekend on Carolina Journal Radio

    Would North Carolina taxpayers get more bang for their bucks if state agency budgets were tied more closely to good performance measures? State Auditor Beth Wood thinks so. You’ll hear highlights from her recent legislative presentation on the topic during the next edition of Carolina Journal Radio. Former…
    Mitch Kokai, November 25, 2011
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    Reporter’s metaphor highlights economic confusion

    According to this morning’s News & Observer (from AP), the combination of increased taxes and expiring unemployment benefits will “suck $165 billion out of the economy next year.” I can see the vacuum cleaner right now, sucking that money into non-existence. Just where it goes outside of the…
    Fergus Hodgson, November 23, 2011
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    Confessions of an exploited child laborer

    The headline is sarcasm, by the way. For those unfamiliar with my story, I grew up on a sheep and cattle farm in New Zealand—and yes, my parents had all of their six children work alongside them from as young as we can remember. For some jobs, they…
    Fergus Hodgson, November 23, 2011