Jobs and economy (page 382)

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    Washington and job creation

    One suspects the Obama administration will like the first response to Bloomberg Businessweek’s latest edition of “The Big Question”: How can Washington help business create jobs? In the first response, Al Hunt suggests a two-year, $1 trillion stimulus. It’s fortunate that Bloomberg View columnist Caroline Baum offers the…
    Mitch Kokai, September 21, 2011
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    Speaking of horribly bad ideas …

    Shortly after shining his journalistic spotlight on Marx, Peter Coy offered Bloomberg Businessweek readers this bit of Keynesian “wisdom”: President Obama’s $447 billion American Jobs Act is all about inspiring confidence in an economy that sorely lacks it. Like the last economic stimulus—and that’s…
    Mitch Kokai, September 21, 2011
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    Obama: Wrong on taxes, wrong on where to find jobs

    The president’s approach to tax policy might be bizarre or unfair. His approach to job growth is “delusional and doomed,” according to Fortune columnist Geoff Colvin. The President is trying to create a narrative in which U.S. manufacturing fell into…
    Mitch Kokai, September 21, 2011
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    Translating Austrian into English

    In his latest Ideas Matter update, Max Borders praises Peter Schiff’s recent congressional testimony as a good example of the proper way to share Austrian economic insights. What’s so interesting about Schiff is not just that his credibility is enhanced by his uncanny ability…
    Mitch Kokai, September 20, 2011
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    New Carolina Journal Online features

    Duke Cheston reports for Carolina Journal Online about the left-leaning topics that dominate the university lecture circuit in North Carolina. John Hood’s Daily Journal notes the importance for state economic performance of simple tax codes and lower-than-average levels of Medicaid and public assistance spending.
    Mitch Kokai, September 20, 2011
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    ‘Jobbing’ the jobs numbers

    Unemployment numbers emerging from the N.C. Employment Security Commission in recent months have been tainted with a political spin — especially the report that implied a Republican-written state budget contributed to 11,000 lost government jobs in July. Rick Henderson targeted that spin during today’s presentation to the John Locke Foundation’s…
    Mitch Kokai, September 19, 2011
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    Must see ad by Ford

    I missed this ad because I mute all commercials but it’s a must see ad. Way to go Ford. It is not exactly a “buy American” ad, but a don’t buy GM or Chrysler because of the bailouts. ??…
    Michael Sanera, September 19, 2011
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    Celebrating economic failure

    Only those who appreciate the importance of “loss” in a system of “profit and loss” will appreciate the following blurb from the latest National Review: Steve Jobs’ resignation as CEO of Apple prompted an outpouring of adulation for his truly marvelous successes. It would do us…
    Mitch Kokai, September 19, 2011