Archive for the ‘unemployment’ Category

From Newsweak (sic) April, 28, 1975

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Profits are back, cash flow is good, and Steve’s dance moves are better than ever?! But before Frank, his girlfriend Karen and the rest of the gang can expand, hire and invest at their small business, they’ll have to convince the Boss Lady. Watch this short comedy, and see what’s stopping the quirky employees of this small biz from living “a real American Dream.”Though this video is a joke, it’s message is not. Washington’s rhetoric and policies have been creating a damaging environment of uncertainty for businesses. When businesses lack clarity, they can’t plan ahead — choking expansion, investment and job creation.

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Wait and See, posted with vodpod

WASHINGTON (Reuters) – New claims for jobless benefits unexpectedly rose last week, hardening the view the central bank will pump more money into the economy in hopes of boosting growth and lowering unemployment.

Insanity: doing the same thing over and over again and expecting different results.
Albert Einstein

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Competitive Enterprise Institute Labor Policy Counsel Vincent Vernuccio explains how the UAW chose to shut down a GM plant in Indiana instead of accepting a pay cut.

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