Jobs and economy (page 383)

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    Cuando el aumento de impuestos es un “Programa de Empleo”

    El periódico, La Conexión, gracias por publicar mi artículo. En las campañas electorales, el uso de palabras sueltas bien pueden ser la regla en lugar de la excepción. El programa de empleo de Bill Faison, como candidato a gobernador, es un ejemplo claro.  De hecho, en una competencia de falacias económicas, esta propuesta le ganaría a todas las demás.
    Fergus Hodgson, March 8, 2012
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    Think more socialism is the answer to our problems?

    If so, you might want to read a Bloomberg Businessweek article about that socialist paradise known as the People’s Republic of China. The richest 70 members of China’s legislature added more to their wealth last year than the combined net worth of all 535 members of…
    Mitch Kokai, March 8, 2012
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    Today, approximately 100,000 high school juniors throughout North Carolina will take the ACT exam.  According to the NC Department of Public Instruction press release, The ACT is a curriculum- and standards-based educational and career planning tool that assesses students’ academic readiness for college. In December 2011, the State Board…
    Terry Stoops, March 6, 2012
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    The New York Times’ keen economic sense

    John Steele Gordon takes The Gray Lady to task in his latest contribution to Commentary‘s blog: Much to my surprise, on my return [from a 12-day cruise off South America] I found that the New York Times’s editorial page is still utterly predictable. The…
    Mitch Kokai, March 6, 2012
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    Oh, but the NEXT jobs bill will really work!

    A couple of weeks ago I called it “a highly cherished fiction by policymakers that they are the ones who create the jobs,” going on to compare politicians’ role in job creation with highways’ role in car creation: It’s also dangerous fiction, because these bills and programs require transferring…
    Jon Sanders, March 5, 2012
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    Another critique of the Fed’s easy-money meddling

    The latest column (subscriber link) from Barron’s editorial page editor Thomas G. Donlan addresses Fed Chairman Ben Bernanke’s money-creation schemes: During the year of moderate economic growth just past, when all parts of government should have been disentangling themselves from the real economy, the…
    Mitch Kokai, March 5, 2012
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    NC Employment numbers put “recovery” into question

    In a recent post, Fergus Hodgson attempted to shed some light on national unemployment numbers by looking not at the unemployment rate, but at the employment-to-population ratio. The unemployment rate, he points out, is often politicized and doesn’t show the full picture. This critique is spot on. The unemployment…
    Daniel Simpson, March 2, 2012
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    Poverty and economic freedom

    The hubbub over Rep. George Cleveland’s comments about poverty during a meeting Thursday of the N.C. House’s committee on early childhood education offers an opportunity to revisit an important set of facts about poverty. If you have to be poor, it’s much better to be poor in an…
    Mitch Kokai, March 2, 2012