Category: U.S.Economy

THE BONFIRES OF THE DEMOCRAT VANITIES

WE HAVE TO STOP PRETENDING DEMOCRATS DON’T UNDERSTAND THESE BASIC ECONOMIC MAXIMS MAXIM 1: Taxes always discourage the economic activity they tax. Tax increases cause a subsequent economic decline in activity, jobs and prosperity. MAXIM 2: Subsidies always encourage the activity they subsidize. And they require tax increases […]

Record October JOLTS Data

We received the November Employment Situation Report, or Jobs Report, last Friday. Yesterday we received the October Job Openings and Labor Turnover Survey (JOLTS) data. Considerable noise has been made that we have more job openings than unemployed workers. This column goes out of its way to make […]