ARTICLES
Where's the productivity?
In spite of headlines pointing to emerging signs of recovery, the economy continues to perform poorly. Jobs and hours worked are a poor guide to the economy’s health. More important is productivity, which determines living standards.
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Where are the world's financial leaders?
What’s happening in Cyprus says more about the world’s financial leaders than it does about the economic significance of Cyprus. And what it says is not encouraging.
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What's the economic state of the Union?
The Union cannot be strong when the economy is weak. Our economic weakness is readily apparent. It’s apparent to those who have jobs and watch as the value of both their wages and assets decline. It’s apparent to the unemployed who struggle to find work.
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Why is the fiscal-cliff agreement good news?
There are several reasons why the fiscal-cliff agreement represents a positive policy development.
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Congress stumbles over the fiscal cliff
"Everybody is talking about the fiscal cliff. And I'd be talking about the fiscal cliff, too – if I knew what the hell it was." –David Letterman.
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America's 18th-place rank for 'economic freedom' stifles prosperity
Since its founding, the United States has been considered the world’s premier nation for economic freedom. This is no longer the case. The Fraser Institute’s latest ranking shows the U.S. recently dropped to 18th in terms of economic freedom. The U.S. was among the top four countries experiencing the greatest declines since 2000. We now trail three Middle Eastern nations -- Bahrain, United Arab Emirates and Qatar -- and have fallen to the mid range of countries considered “mostly free.”
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The $800 billion Romney-Ryan stimulus plan
There seems to be a fair amount of uncertainty over Governor Romney's plan to heal the nation's struggling economy. In fact, the Romney-Ryan team has provided a detailed plan to jump-start the economy. The plan provides for an $800-billion-a-year boost to private business activity.
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