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The Jobs summit
| The President held a "jobs summit" on Thursday, supposedly to get ideas on how to increase the number of jobs in the country.The answer is: get out of the way. Some ideas:Slash the minimum wage: Th...more |
Wages: Sticky on the downside
| Economists speak of wages being "sticky" on the downside. What they mean is this: companies are usually slow to cut wages. New hiring freezes up very fast at signs of an economic downturn. Layoffs ...more |
The 2010 Green Stimulus?
| After a sharp upward turn off its bottom, the stock market has paused. Talk of a second-stimulus is circulating. Today, the president met a few businessmen and one of the main ideas being pushed wa...more |
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objectivism, reason, capitalism
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objectivism, philosophy, logic
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