Business & Finance | Economy

By Its Own Criteria, the Obama Administration Is An Economic Failure | Power Line

Lately there has been a fair amount of happy talk from liberal pundits about our supposedly robust economy. Such optimistic evaluations have been guarded, since everyone knows that the jobs picture...

Now you know why the middle class does not feel like the recession is over. Obamanomics had hurt Americans greatly.

Business & Finance | Economy

This Chart Shows How Labor Force Dropouts Mask The Unemployment Rate

If you take labor force dropouts into account, the U.S. unemployment rate picture is a lot uglier than it appears.

Management learned long ago that they would destroy all value in a company if they ran it exclusively using a ratio like Return on Investment. Evaluating the health of the job market using a ratio like the unemployment rate absent those who gave up hope of finding a job is a similar mistake.

Business & Finance | Economy

Solving the Puzzle of Stagnant Wages

In The Wall Street Journal, Ed Lazear writes that evidence points to growing government regulation like Dodd-Frank and policies that discourage investment.

More research evidence that government regulation is a driving force behind stagnant wages.

Business & Finance | Economy

Thanks Obamacare: This Is What Americans Spent The Most Money On In Q4 | Zero Hedge

If readers need clarification on what was the primary source of spending-based "growth" for the US economy in the fourth quarter, the same source that bumped up final Q3 GDP from 3.9% to 5.0%, please ping us: we will gladly explain the chart bel

The largest component increase in Q3 GDP was spending on healthcare!

Business & Finance | Economy

Don't Believe the Hype—We're Not Even Close to Full Employment | Boston Review

People sense the great divide between government hype on the economy and their reality. Here are some facts to put the economy in perspective.

Business & Finance | Economy

Hedge fund robots are crushing their human rivals

Computer algorithm-led hedge funds produced stellar returns last year, beating most gut-driven human money managers.

Investment decisions are all about digesting lots of information quickly and acting profitably upon it. Computers are already getting better than humans at doing this.

Business & Finance | Economy

About that 5% GDP Growth Rate… | Power Line

The increased cost of Obamacare accounts for 2/3 of the "boost" adjustment in Q3 GDP. Do we really feel good about GDP increases from Americans paying more for healthcare?

Business & Finance | Economy

There may be national-security reasons to oppose the defense sequester, but there’s no real reason to worry about its effect on jobs or growth. Once again, the Keynsian model fails the test of reality.