Sorry, Bernie Sanders, FDR’s New Deal Actually Prolonged the Great Depression
Senator Bernie Sanders (I-Vt.) gave a highly anticipated speech at Georgetown University on Thursday, where he extolled socialism. The Democratic presidential candidate, whose proposed an estimated $18 trillion in…
Hidden Story Behind Unemployment Rates
On Friday, May 2, the White House was happy to announce the lowest US unemployment rate since September 2008. As reported by the Bureau of Labor Statistics, with 288,000…
Digging Deeper on Unemployment: It’s Worse Than You Think
With the whirlwind of scandal currently buffeting the Obama Administration, domestic attention has shifted away from economic performance. Be assured, the economic picture is as bleak as ever. Economic indicators…
Fallacy Friday: The Unemployment Rate
Fallacy Friday: The Unemployment RateThe last Fallacy Friday focused on the improper logic and economics surrounding the minimum wage. This week, let’s take…
They Took Our Jobs!!!
“They took our jobs!!!” This is the mantra that the creators of South Park have so endearingly given to middle class America. However, despite their malicious intent, they may have…
Quoth the Keynesians “Nevermore”
Many can recall the short story The Masque of the Red Death by Edgar Allen Poe, in which Prince Prospero attempts to avoid the plague that is ravaging the…
October Stimulus Trick, not Treat: Unemployment up to 10.2 Percent
This morning, November 6th, 2009, the American people received a late Halloween trick from the Bureau of Labor Statistics (BLS) as they released unemployment numbers for the…