Three Policies That Gave Us the Jobs Economy
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Amity Shlaes on what sparked the job growth of the 1980′s.
The era didn’t start well. The mid-1970s were a dead period. Then suddenly, from 1977 to 1978, new private capital devoted to venture capital increased by 15 times, to $570 million in 1978 from $39 million the year before.
In …
In Detroit, Two Wage Levels Are the New Way of Work
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Interesting. Companies that have the freedom to set their own pay and benefit scales are able to create more new jobs than they would otherwise be able to. That’s certainly unexpected.
They are a cornerstone of Chrysler’s unlikely comeback: 900 employees turning out a Jeep Grand Cherokee sport utility vehicle every 48 seconds of …
Obama’s Job Plan: A Never-Never Bill
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Megan McCardle is annoyed that President Obama wasted her time with a job’s plan that he’s not actually interested in passing.
If the president were serious about providing stimulus, he would pay attention to the work of his old CEA chair, and pay for the jobs bill by decreasing the growth rate of something-or-other …
Why the Jobs Situation Is Worse Than It Looks
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This article from U.S. News is pretty scary—and depressing.
Today, over 14 million people are unemployed. We now have more idle men and women than at any time since the Great Depression. Nearly seven people in the labor pool compete for every job opening. Hiring announcements have plunged to 10,248 in May, down from …
A Good Husband's Guide
Men and women are always arguing over who has the tougher role to play. Obviously, it’s the other gender.
Leanne Bell offers an interesting take, called the Good Husband’s Guide. Refreshingly, she takes the men’s side of the argument.
In May of 1955, a magazine called Housekeeping Monthly ran a short point-form article called ”The …
Manufacturing Crisis
So, has America been throwing our future away the past several decades? Have we been exporting all of our manufacturing capability? Are we at the mercy of China, Japan, South Korea, and Indonesia?
No.
U.S. manufacturing output reached its all time high in 2006. U.S. manufacturing revenue reached its all time high in 2006. U.S. manufacturing profits …