As the nation debates continuing coronavirus stimulus, AEI offers an eye-opening analysis:  Unemployment…
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Images of the Day: Unemployment Claims Plummeted Faster After $600 Checks Expired

As the nation debates continuing coronavirus stimulus, AEI offers an eye-opening analysis:  Unemployment claims plummeted and the employment picture improved much faster after those $600 checks expired, reestablishing that while we always want to help those who cannot help themselves, government payouts can sometimes reduce incentives and ability to return to the workforce.  And this doesn't even reflect remarkably positive employment reports released by the government since the end dates:


[caption id="" align="alignleft" width="562"] Continuing Unemployment Claims Dropped[/caption]





[caption id="" align="alignleft" width="563"] Initial Unemployment Claims Dropped[/caption]…[more]

November 12, 2020 • 11:57 AM

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211 Obama’s Latest "Never Mind" - $2 Trillion Deficit Recalibration

Is Barack Obama capable of saying anything that Americans can trust? That question accrued even greater prominence this week after the White House recalibrated its ten-year budget deficit projection from $7 trillion to $9 trillion. Just three months ago, when Obama completed the official release of his proposed 2010 budget, he forecast…

212 The Supposed “Obama Recovery” May Prove a Sugar High

This month, the United States Department of Commerce reported that America’s gross domestic product (GDP) contracted at a 1% rate during the second quarter, the slowest level of contraction in one year, following a 6.4% contraction in the first quarter and a 5.4% contraction in the fourth quarter of 2008. It’s still an economic decline,…

213 If at First You Don’t Succeed, Spend and Spend Some More

Potomac Fever:  some would define it as a determination to share in the power and prestige of the federal government.  Others might characterize it with words like obstinance, incorrigibility and simple pig-headedness.  Undoubtedly, Washington loves power.  But when it comes to admitting the error of its ways, ignorance is bliss…

214 Broken Political Promises Mean Tax Hikes

It is one of the most iconic broken promises in politics: “Read my lips, no new taxes.” After breaking that campaign promise, President George H.W. Bush effectively destroyed any political capital he had with conservatives and everyone else who was slapped with Bush’s higher tax rates. Yet despite that political lesson, little has…

215 Obama Is Taking an Economic Flu Patient and Giving It Pneumonia

On November 4, 2008, the day Barack Obama was elected President, the Dow Jones Industrial Average stood at 9,625.

216 Help Wanted: How You, Too, Can Profit from Pork and Earmarks

So you don’t have a job. Or maybe you do and just want a change. You missed the banking, auto maker and insurance bailouts. You couldn’t get to Miami fast enough to be the thousandth person in line for the 30 firefighter jobs. You can’t wait several years for the jobs promised by the so-called “economic stimulus&rdquo…

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Question of the Week   
Thanksgiving was established as an annual event by which of the following presidents?
More Questions
Quote of the Day   
"Georgia is emerging as an early proving ground for the 2024 presidential race, with a handful of potential Republican hopefuls flocking to the state to test their political coattails in its two Senate runoffs.Sen. Rick Scott (R-Fla.), who just landed the chairmanship at the National Republican Senatorial Committee, is among the prospective 2024 contenders who have visited Georgia in recent weeks.…[more]
—Max Greenwood, The Hill
— Max Greenwood, The Hill
Liberty Poll   

Are you spending more or less on Black Friday and Cyber Monday than you did last year?