Posts Tagged ‘economic stimulus’
Solyndra Scandal Ends Green Jobs Myth
Lachlan Markay, Heritage Foundation President Barack Obama’s solution for America’s unemployment woes has been a stubborn campaign to spend hundreds of billions of dollars on economic “stimulus”–much of it on so-called “green jobs.” Report after report has shown the approach to be a total failure. And now, a new scandal involving [...]
1.9 Million Fewer Jobs Today Than When Obama Signed Stimulus
Liberty Alerts, Matt Cover, CNSNews.com Twenty-eight months after Congress passed President Obama’s signature economic stimulus law, and nearly one year after he declared the summer of 2010 to be “Recovery Summer,” 1.9 million fewer people are employed. In February 2009, the Bureau of Labor Statistics (BLS) reported that 141.7 [...]
CBO: Jobs Created By Stimulus Cost An Average of $228,055 Each
Liberty Alerts, Matt Cover, CNSNews.com The jobs created and saved by the economic stimulus law that President Barack Obama signed on Feb. 17, 2009 cost at a minimum an average of $228,055 each, according to data released yesterday by the Congressional Budget Office (CBO). In a report released Wednesday—“Estimated Impact of the American [...]
Boom and Bust: Crisis and Response — Gerald P. O’Driscoll Jr.
Free Enterprise Zone, The Freeman, Gerald P. O'Driscoll Jr. America has experienced a classic economic boom and bust, which I first chronicled in the November 2007 Freeman. Ill-conceived policies to encourage homeownership channeled cheap credit into housing markets. Land-use and zoning policies restricted the supply of housing in key desirable [...]
