Here’s the True Definition of a Recession — It’s Not About GDP
According to the National Bureau of Economic Research (NBER), the institution that dates the peaks and troughs of the business cycles,
According to the National Bureau of Economic Research (NBER), the institution that dates the peaks and troughs of the business cycles,
As I mentioned in an earlier article, Nancy MacLean’s Democracy in Chains has aroused controversy, in large part owing to her many inaccuracies and misleading remarks. I’d like in this note to call attention to a few more of these.
I’ve always been willing to accept a repeal of Obamacare that was less than perfect, and I’ve never subscribed to the idea that only a total and complete repeal of Obamacare should warrant my support.
Even a small tax cut is better than no tax cut, and even a partial repeal of Obamacare is better than no repeal.
Public officials argue that to be able to carry out their duties, laws must protect them from lawsuits by disgruntled individuals or those harmed by wrongful actions of government agents. The U.S. Supreme Court especially has protected prosecutors, granting them absolute immunity as long as they committed wrongful acts within the scope of their legal duties.
The partial legalization of marijuana has not been quite ideal. Thanks to high regulatory burdens on the marijuana-production industry, limitations on production volume, and high taxes, black markets have persisted within those states that have adopted a variety of legalization measures.
History is something one can try to escape, but sometimes you can’t as millions of train riders find out every day.
When it imposed its net neutrality rules on the telecom industry, the FCC was fixing a problem that didn’t exist.
While proponents of Net Neutrality have long claimed that the regulations are necessary to impose fairness for internet usage, access to the internet has only become more widespread and service today is far faster for users — including “ordinary” people — than it was twenty years ago.
The United States spends more on the military than the top eight countries combined – but that’s still not enough for our military-industrial-congressional complex. They want yet more tax dollars shoveled into that bottomless maw, and it looks like they’re going to get it.
The yearly growth rate of average hourly earnings in production and non-supervisory employment in the private sector eased to 2.3% in June from 2.4% in May.
Many experts are puzzled by the subdued increase in workers earnings. After all, it is held the US economy has been in an expansionary phase for quite some time now.