Economy
What is 4:1? The ratio of people who stopped looking for jobs as compared to those who found one in August. James Pethokoukis: – Nonfarm payrolls increased by only 96,000 in August, the Labor Department said, versus expectations of 125,000 jobs or more. The manufacturing sector, much touted by the president in his convention speech,…
Today, I touch briefly (for me) on long-term vs. short-term recovery, who’s better off, RI’s long spiral (and potential for quick resurgence), and the significance of different ballot types in Cicilline-Loughlin.
In his daily flurry of tweets, WPRI reporter Ted Nesi linked to an interesting article by Joe Weisenthal in Business Insider. Weisenthal’s conclusion is that the government surpluses of President Bill Clinton’s second term were, themselves, the cause of the late ’00s’ economic bust: The bottom line is that the signature achievement of the Clinton…
Today’s short takes address misleading labeling at the DNC, misleading fact-checking, fading national competitiveness, and the September 10 mentality.
Readers shouldn’t be surprised to hear that I’m largely in agreement with Peter Ferrara’s “Obama’s Accelerating Downward Spiral for America,” but he happens to voice one bit of center-right common wisdom with which I have growing disagreement: There is no secret or magic as to how to turn around these declining incomes. Increased investment in business…
Against Incentivizing Cooperative Strategic Workarounds with Comprehensive Market-Driven Measurables
At the risk of repeating myself, I have to opine that one of Rhode Island’s core economic challenges is the frequency of sentences like this: To position Rhode Island to compete successfully for jobs and investments, a new public/private economic-development partnership should be designed to implement an integrated economic-development strategy that focuses on business retention…
Although with regret, I have to opine that former East Providence city councilman Robert Cusack misses the target in his op-ed, yesterday, suggesting a way for Rhode Island to rejuvenate its sputtering economy: We need to identify a job generator, make the changes needed to attract those jobs and then promote Rhode Island to execute…
Early in the summer, Rhode Island General Treasurer Gina Raimondo announced that the state had invested $900 million of its pension assets in hedge funds. The decision was actually made in the middle of last year, in response to an asset liability study, treasury spokeswoman Joy Fox tells the Current. At that point, the treasurer began…
I’ve had the extreme good fortune to shift careers to one that allows me time to create and stare at charts. (Sadly, yes, that’s a literal description of some of my afternoons, as well as my feelings about those afternoons.) So it’s with an especially strong “What!?” that I watched this video, via Ann Althouse, via Glenn…
