July Jobs Report Shows Workers Under Strain
Press coverage has been straight out of the White House hymnal, but a closer look suggests why a lot of workers are not feeling so thrilled right now.
Economy
Today in Capital Matters: Recession and Conference Notes
Patrick Horan discusses whether we’re in a recession, and Dominic Pino covers last weekend’s American Economic Forum.
Today in Capital Matters: Child Care
Jack Salmon covers child care and the federal government over on Capital Matters.
Nervous Consumers and Large Inventories: Tough Times in Retail
The Conference Board’s Consumer Confidence Survey didn’t reveal much in the way of good cheer last week, falling for the third consecutive month.
The Vast Economic Wreckage the Statists Have Caused
Today, Biden, Schumer, Pelosi et al. are imposing their own planning visions on us, and the damage is enormous.
Yes, We’re in a Recession, So What Should the Government Do?
It should not raise taxes and impose more regulation.
Paul Krugman Claims U.S. Not in a Recession: ‘What Does It Matter?’
‘What does it matter whether you use the ‘r’ word or not?’ Krugman said.
Stagflation by Any Other Name
Whatever the NBER calls the state of the economy, it’s 9.1 percent inflation, declining real incomes, and declining economic output.
‘Strong Labor Market’
Tossing that phrase around can’t hide the reality that Americans’ paychecks are shrinking in real terms.
The GDP Number(s)
The Fed should keep its focus on tighter money even as a weak economy increases the pressure on it to ease up.