Are Corporate Tax Cuts Needed?

With President Obama suggesting in his Tuesday’s State of the Union address the possibility of a corporate tax cut I was left wondering; is it needed and will it help. First, let me state that I believe the federal burden in this county is too high. Serious structural changes need to be made to correct [...]

High Number of Those Not-In-Labor-Force Suggests Headline Unemployment Rate to Remain High

On Friday the Bureau of Labor Statistics released its Employment Situation report. In the headline establishment survey, the nonfarm payroll gain of 151,000 attracted most of the attention. It was well above the 60,000 consensus estimate and showed strength in the private sector with 159,000 jobs added (government employment fell 8,000). From the household survey [...]

A Perspective on Unemployment

Perspective. Often, things appear at their worse when in the midst of a situation but later looking back somehow things do not seem like they were quite as bad. The recent recession is most often referred to as the worst recession since the Great Depression or the 1980/1982 double-dip recession. With this in mind I [...]