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Keyword: jobsandeconomy

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  • Costs Must Be Weighed Against Benefits

    12/09/2020 3:54:05 AM PST · by Kaslin · 7 replies
    Townhall.com ^ | December 9, 2020 | Walter E.Williams
    Editor's Note: Walter Williams passed away last Wednesday. You can read our tribute to him here.One of the first lessons in an economics class is every action has a cost. That is in stark contrast to lessons in the political arena where politicians virtually ignore cost and talk about benefits and free stuff. If we look only at the benefits of an action, policy, or program, then we will do anything because there is a benefit to any action, policy, or program. Think about one simple example. The National Highway Traffic Safety Administration estimates that 36,096 Americans lost their lives...
  • Trump Is Still Winning on the Economy

    12/08/2020 6:22:07 AM PST · by Kaslin · 1 replies
    Townhall.com ^ | December 8, 2020 | Cal Thomas
    Some people can't handle success. The latest jobs report shows that despite the pandemic President Trump's policies of lower taxes and reducing regulations continue to work. Raising taxes and imposing regulations, as Joe Biden has pledged to do, has historically had the opposite effect, but there are people who continue to deny the history, believe lies, and appear ignorant of sound economic theory. Yes, some businesses are struggling, or have closed, thanks to arbitrary orders from politicians, some of whom ignore their own directives. Employers added 245,000 jobs in November, down from 638,000 jobs the previous month. Overall, future signs...
  • Worthless Heirs

    12/05/2020 4:53:15 AM PST · by Kaslin · 11 replies
    Townhall.com ^ | December 5, 2020 | John C. Goodman
    Source: P Photo/Charles Krupa Sam Jacobs is a 25-year-old on a mission. He’s trying to get possession of his trust fund, which holds more than $30 million.What does he want to do with the money? Use it to destroy the very system that made his trust fund possible: capitalism.Jacobs is not alone. According to The New York Times article “Silver-Spoon Socialists,” there are legions of young people just like him. The Democratic Socialists of America has recently been transformed from a fringe group of older leftists to a national organization 100,000 strong – with most of its members under 35...
  • Wisconsin Unemployment Agency Delivering Unhappy Holidays

    11/28/2020 4:04:11 AM PST · by Kaslin · 13 replies
    Townhall.com ^ | November 28, 2020 | M.D. Kittle
    MADISON — As the holidays approach, thousands of Wisconsinites are still waiting for their Unemployment Insurance benefits to come through months after they first applied. Now, Gov. Tony Evers’ interim Department of Workforce Development secretary is saying she hopes to have much of the unemployment backlog cleared by the New Year. The new goal, after the last disgraced DWD chief said the mountain of claims would be settled by last month, isn’t much consolation for claimants who have been waiting since July. Like Shelli Wodsedalek. The Manitowoc tax professional this week posted on the Wisconsin Unemployment Facebook page that her...
  • Blacks of Yesteryear and Today

    11/04/2020 4:33:53 AM PST · by Kaslin · 3 replies
    Townhall.com ^ | November 4, 2020 | Walter E. Williams
    I was a teenager, growing up in the Richard Allen housing project of North Philadelphia, when Emmett Till was lynched in Money, Mississippi, on Aug. 28, 1955, and his brutalized, unrecognizable body later recovered from the Tallahatchie River. From 1882-1968, 4,743 lynchings occurred in the United States. Roughly 73%, or 3,446, were black people, and 27%, or 1,297, were white people. Many whites were lynched because they were Republicans who supported their fellow black citizens and opposed the lawless act of lynching. Tuskegee University has the best documentation of lynching. It records an 1892 high of 69 whites and 161...
  • No, Joe Biden Won’t Just Punish Big Business. Bidenomics Threatens Small Business, Too.

    10/28/2020 2:07:20 PM PDT · by Kaslin · 6 replies
    Townhall.com ^ | October 28, 2020 | Joseoh Semprevivo
    After Joe Biden vowed to “transition” from oil, corporate America was put on high alert. This is the same Joe Biden who previously voiced support for having fossil fuels “eliminated.” But the Biden agenda is not just a threat to the energy industry, or even Big Business in general. Bidenomics means higher taxes and more regulations for businesses large and small. In fact, small business would bear a disproportionately heavy burden under a Biden administration.One example is a $15 federal minimum wage, which Biden supported again in the debate. Grappling with the COVID-19 pandemic, small business owners are under immense...
  • Joe Biden’s Planned Economic Fiasco Should Cement a Donald Trump Victory

    10/20/2020 3:55:44 PM PDT · by Kaslin · 9 replies
    Townhall.com ^ | October 20, 2020 | Brad Slager
    In this era of Covid, media distemper, "calling of lids," Russian collusion, and Ukraine fracking email scandals, it is difficult for more conventional campaign issues to come to the fore in this election. I mean let’s be honest, education spending and infrastructure projects, for example, are not likely to nudge topics like crack-fume-infused laptops off of the front page of news sites.  Granted, while economic policy is not the sexiest of debate topics, it would serve President Trump well to invoke the issue on Thursday in his final debate with Biden. Joe has proposed some rather extreme measures that should...
  • Blacks and Trump

    09/30/2020 5:53:54 AM PDT · by Kaslin · 3 replies
    Townhall.com ^ | September 30, 2020 | Star Parker
    Source: Official White House Photo by Shealah CraigheadPresident Donald Trump just rolled out his new "Black Economic Empowerment Platinum Plan." The plan focuses on building on his achievements since 2016 to improve the lives of black Americans by creating more opportunity to participate in a growing economy and to achieve greater security in life and property. A poll by The Hill and HarrisX released almost a month ago, after the Republican convention, showed approval for Trump surging among blacks, to 24% -- triple the 8% he got in the 2016 election. A recent Washington Post/ABC poll and a recent Wall...
  • Cruz’s New Bill Provides the Economic Recovery Americans Need

    09/22/2020 6:05:14 PM PDT · by Kaslin · 13 replies
    Townhall.com ^ | September 22, 2020 | Young Voices Contribitors
    Editor's Note: This column was authored by Travis Nix. With about 8.4 percent of Americans unemployed, our country needs real relief. March’s CARES Act did a fine job of keeping the economy on life support, but now Americans need an economic recovery package that actually creates jobs. And that’s certainly not going to come in the form of the $3 trillion bill that House Speaker Nancy Pelosi recently demanded.  Yet there is another bill that could truly lend a hand to hard-working Americans.Aptly titled the CREATE JOBS Act, the proposal introduced by Senators Ted Cruz (R-TX) and Martha McSally (R-AZ) would stimulate the economy by...
  • Economic Recovery Starts, Thanks to Capitalism

    09/09/2020 4:43:42 AM PDT · by Kaslin · 11 replies
    Townhall.com ^ | September 9, 2020 | Star Parker
    As Washington has been frozen in debate about whether to pass massive new economic stimulus legislation, something interesting has happened in the real world. In the real world, Americans sent a message to politicians saying they can take of themselves just fine, thank you. The Bureau of Labor Statistics report for the month of August just came in saying the U.S. economy is surging forward in strong recovery mode. The economy created 1.4 million new jobs, and the unemployment rate dropped to 8.4% -- not pretty compared with the 3.5% rate in February, before COVID-19 hit. But compared with where...
  • President Trump’s Legacy: Jobs, Opportunity, and Prosperity

    09/05/2020 5:17:11 AM PDT · by Kaslin · 4 replies
    Townhall.com ^ | September 5, 2020 | Ward Connerly
    In 2016, Donald Trump promised to bring back manufacturing jobs to the United States. At the time, President Obama ridiculed the idea, saying, “What magic wand do you have?” Turns out Trump had a good one. In the first 30 months of the Trump Administration, U.S. manufacturers added 499,000 jobs, expanding by 4 percent. In the last 30 months of the Obama-Biden Administration, manufacturers added only 185,000 jobs, which equated to a mere 1.5 percent – a net difference of 314,000 jobs.Now Joe Biden is promising to bring back manufacturing jobs. Will anyone in the media ask him about his...
  • The Economic Fallout From COVID-19

    08/29/2020 5:40:42 AM PDT · by Kaslin · 5 replies
    Townhall.com ^ | August 29, 2020 | Stephen Strang
    In March, just as the country was shutting down due to COVID-19, the overwhelming surge in unemployment filings came as a hard pill to swallow for our nation. With companies of all sizes hit by the fallout from COVID-19, many Americans began scrambling for their next paychecks. As with all historical economic slumps, minorities and young workers experienced a significant impact. A recent report by Moody’s Analytics chief economist Mark Zandi identified the hardest-hit industries. These include “leisure and hospitality (16.9 million people), transportation (5.7 million), employment services (3.7 million), mining (662,000), and travel arrangements (222,000).” Because 17.6 percent of Hispanic...
  • Fact Check: Harris Peddles Unserious, Inaccurate Attack Lines on Economy and Coronavirus

    08/14/2020 9:01:31 AM PDT · by Kaslin · 29 replies
    Townhall.com ^ | August 14, 2020 | Guy Benson
    Joe Biden and Kamala Harris debuted as a joint ticket at an event in Delaware on Wednesday, and on the whole, I think the presentation -- reportedly delayed by local power outages -- was mostly effective.  Each candidate praised the other to the hilt, as is customary, blasted their opponents with sharply-worded attacks, and urged voters to join the effort to oust the incumbent administration in November.  Harris, a former prosecutor, argued that the case against President Trump and Vice President Pence is "open and shut," but when it came time to make that case, she advanced two central arguments...
  • Liberalism Is Dangerous to Your Wallet and Your Health

    06/30/2020 5:02:24 AM PDT · by Kaslin · 4 replies
    Townhall.com ^ | June 30, 2020 | Stephen Moore
    The most recent jobs report found that nine of the 10 states with unemployment rates above 14% are in liberal blue states. Ranked from highest to lowest, they are Nevada (25.3%), Hawaii (22.6%), Michigan (21.2%), California (16.3%), Rhode Island (16.3%), Massachusetts (16.3%), Delaware (15.8%), Illinois (15.2%), New Jersey (15.2%) and Washington state (15.1%). I call this the "blue-state jobs depression." The states with the lowest unemployment rates are all conservative red states: Nebraska (5.2%), Utah (8.5 %), Wyoming 8.8%, Arizona (8.9%), and Idaho (8.9%). It is hardly shocking news. Liberals are anti-business, and their policies are especially hostile to small...
  • Can Trump Recover and Win in November?

    06/17/2020 5:18:28 AM PDT · by Kaslin · 76 replies
    Townhall.com ^ | June 17, 2020 | Star Parker
    Henry Olsen, a scholar from the Ethics and Public Policy Center in Washington, D.C., has a well-deserved reputation for on-target analysis on politics and elections. Olsen just published a column in the Washington Post titled "Trump may be down, but he is not out. At least not yet." The bottom has fallen out of President Donald Trump's approval ratings. Most recently, Gallup reports his approval at 39%, down 10 points from the month before. According to Olsen, by conventional analysis, the outlook for a Trump victory in November is not good. "Presidents who polled this poorly less than five...
  • It’s Not 1968 the Dems Want, It’s 1932

    06/03/2020 10:20:54 AM PDT · by Kaslin · 28 replies
    Townhall.com ^ | June 3, 2020 | Paul Curry
    American cities are burning. Civil unrest is beyond a boiling point. Racial tensions are flaring up from coast to coast. Riots are everywhere. A familiar and often repeated narrative from the media is a likening of today’s America to another tumultuous time in our shared history, that of 1968. In ’68, a pivotal presidential campaign was underway against the backdrop of a divided America. The assassinations of Martin Luther King and Robert Kennedy, coupled with a growing opposition to the war in Vietnam, had America appearing to tear itself apart at the seams. In this election year, there does indeed...
  • Losing Our Fears, in War and Plague

    05/14/2020 3:47:57 AM PDT · by Kaslin · 8 replies
    Townhall.com ^ | May 14, 2020 | Victor Davis Hanson
    Seventy-five years ago this month, Germany surrendered, ending the European theater of World War II. At the war's beginning, no one believed Germany would utterly collapse in May 1945. On the morning of Dec. 7, 1941, the day of the Japanese attack on Pearl Harbor, German invaders were on the verge of capturing Moscow. Britain was isolated. London had barely survived a terrible German bombing during the Blitz. A sleeping America was neutral, but it was beginning to realize it was weak and mostly unarmed in a scary world. But by 1943, a booming U.S. economy was fielding vast military...
  • You'll Freeze in the Dark!

    05/13/2020 6:18:33 AM PDT · by Kaslin · 7 replies
    Townhall.com ^ | May 13, 2020 | John Stossel
    Last Sunday, Mother's Day, made me think how my mom warned me, as a young teen: "Work hard! Or you'll freeze in the dark!" Sometimes, the warning ended, "Or you'll starve in the cold." She grew up during the depression. She and her peers were sensibly worried about freezing in the dark. The message scared me, and I worked hard in school. When I got my first job, I always put some pay in a savings account, even when (OK, it was long ago) I made only $132 a week. I feared a bad future, and I wanted to make...
  • What Are We Trying to Accomplish With Coronavirus Policy?

    05/06/2020 4:01:46 AM PDT · by Kaslin · 8 replies
    Townhall.com ^ | May 6, 2020 | Ben Shapiro
    As Americans debate how to reopen our society in the wake of COVID-19, we seem to be breaking down into three groups: first, those who believe the virus isn't particularly serious and desperately want to reopen everything as soon as possible (a small minority of Americans, by polling data); second, those who believe the virus is extraordinarily serious and want everything to remain closed as long as possible (a significant minority of Americans); and third, those who believe the virus is extraordinarily serious, that the economic damage brought about by COVID-19 is extraordinarily serious and that we will have to...
  • America's Post Pandemic Ten Commandments

    05/04/2020 6:39:05 AM PDT · by Kaslin · 10 replies
    Townhall.com ^ | May 4, 2020 | Terry Paulson
    In an effort to capitalize on the lessons learned from the current pandemic, the plain folk of America are beginning to demonstrate and demand change. They're tired of politicians and experts locked in inaction. Their changes might be summarized in 10 new and compelling commandments to guide America's future. There's been no mountain top conclave to confirm one direction, but their collective voice might just provide plain spoken guidance for our future. Here are 10 post pandemic commandments they just might rally behind to make America great again: 1. Life is difficult, unsafe, and has always carried risk. None of...