recession

Simply continue to pay people not to work. So the federal government is going to spend money it doesn't have to give to people for doing nothing. How exactly does that encourage ... Keep Reading

The White House trotted out Labor Sectretary Hilda Solis to Charlotte yesterday to try to fool more people into believing their "the stimulus has saved or created a bunch of jobs - ... Keep Reading

By now, you likely have heard about the White House's latest foray into comedic propaganda - their laughable claim that the federal stimulus has "saved or created" between 2.5 ... Keep Reading

A UNC-Chapel Hill history professor decided to weigh in on the economy in yesterday's N&O. In so doing, he proves that he should stick to history because he displays an ... Keep Reading

Many observers and commentators of the current economic recession say "unemployment may be high now, but its nothing compared to the Great Depression." But is that really a fair ... Keep Reading

At 11.1%, North Carolina's unemployment rate is tied for eigth highest in the nation. State revenues are below projections for this year, and so sluggish that next year's ... Keep Reading

Following up on a recent post, economist Robert Higgs delves even deeper into the numbers regarding the current recession. As he explains: Personal income includes the various ... Keep Reading

Economist Robert Higgs crunches some numbers regarding the current recession and suggests that the worst may not yet be behind us. Real economic progress turns on a high rate of ... Keep Reading

Worried about the economy, jobs and wages? Not to worry, there is one major corporation that is growing, thriving, and I suspect hiring. In fact, roughly one in five workers in ... Keep Reading