Jim Clifton, chairman and CEO of the polling company Gallup, published an opinion piece this week denouncing the official unemployment rate of 5.6% as a “big lie.” It’s a lie, he says, repeated to make the Obama administration look good and deceive Americans about the economy. “The media loves a comeback story,” he writes, “the White House wants to score … Continued
Background Since the Congressional Budget Office released its report earlier this week on the United States’ ten year economic outlook, a furious debate has been raging about over the report’s findings about the Affordable Care Act (aka “Obamacare”). In the report, CBO revised its estimate of the impact the health care reform will have on the … Continued
There’s a lot that economists don’t agree on: monetary policy, tax policy, environmental and energy policy, and host of other complicated and obscure issues. So when you do find overwhelming agreement among expert economists on a particular subject, there’s good reason to sit up and pay attention, particularly when it contradicts what the vast majority … Continued
