Hillary Clinton goes off the deep end

Hillary Clinton goes off the deep end: During a video conference of the Laborers’ International Union of North America, she asked, “Why aren’t I 50 points ahead?” Could it be because she is a loathsome, dishonest human being? The Democrats have long claimed to be for the working man of this country, but the Democrats’ …

Continue reading ‘Hillary Clinton goes off the deep end’ »

Economics 101: When more low-skilled refugees are accepted, more low-skilled Americans see their wages decrease

We asked previously why we should bring in 110,000 Syrian refugees when we already have a too-high U-6 unemployment rate. Now this from The Wall Street Journal: What Happens to Wages When Refugees Arrive? More Than You Might Think An influx of refugees can hurt the economic prospects of natives with similar skills, but benefit …

Continue reading ‘Economics 101: When more low-skilled refugees are accepted, more low-skilled Americans see their wages decrease’ »

Why bring in 110,000 refugees when we can’t take care of all of our own people?

We have previously noted that the ‘official’ U-3 unemployment rate of 4.9% is really a bogus statistic, and that the U-6 unemployment rate of 9.7% is a far more accurate indicator. In August of 2016, the “participation rate”1 in the labor force was 62.8% of the eligible population; that was lower than any August of …

Continue reading ‘Why bring in 110,000 refugees when we can’t take care of all of our own people?’ »

CNNMoney says that “The general public has ‘extremely little factual knowledge’ about the job market and labor force” The truth is that the public have a better understanding of the economy than our learned economists

From CNNMoney: Most Americans think unemployment is a lot higher than 5% Americans think the economy is in far worse shape than it is. by Heather Long | @byHeatherLong | September 6, 2016: 2:28 PM ET The U.S. unemployment rate is only 4.9%, but 57% of Americans believe it’s a lot higher than that, according …

Continue reading ‘CNNMoney says that “The general public has ‘extremely little factual knowledge’ about the job market and labor force” The truth is that the public have a better understanding of the economy than our learned economists’ »

The case for Carly Fiorina

From Paul Mirengoff on Powerline: A case for Carly Fiorina Our friend Dave Begley has been running the rule over the Republican presidential field as it passes through Council Bluffs, Iowa and other venues not far from Omaha, Nebraska where Dave resides. We are proud to have featured his excellent reports on Power Line. Now, …

Continue reading ‘The case for Carly Fiorina’ »