Darin Clark

HIRE Act to fail in lowering unemployment

HIRE Act to fail in lowering unemployment. Today President Obama signed the most recent jobs bill passed by Congress, the HIRE Act. A major cornerstone of the HIRE Act, the White House explains, will "...

Paying homeowners to sell shifts the cost of financial failure

Paying homeowners to sell shifts the cost of financial failure. The Obama administration's latest attempt to spread the cost of financial burdens is wrapped in a new federal program that will pay homeowners...

Deficit spending is the problem, not speculation

Deficit spending is the problem, not speculation. The current Eurozone (and global) economic crisis unfolding has again driven some "economist" and politicians to quickly blame speculation as the direct cause for increasing the risk of...

Obama's small business policy proposal, wrong for the U.S. economy

Obama's small business policy proposal, wrong for the U.S. economy. President Obama has recently been promoting his new economic plan aimed specifically at lifting up small businesses, a part of the...

Middle Class Task Force economic policy proposals, part II

Middle Class Task Force economic policy proposals, part II. Vice President Biden expressed his concerns for middle class families struggling to care for both the family elderly and child care expenses by using the expression, "sandwich generation." Elder...

Middle Class Task Force economic policy proposals, part III

Middle Class Task Force economic policy proposals, part III. The third and fourth middle-class economic policy initiatives proposed by Biden on Monday included a program to reform repayment scales for federal student loans (an easier task now...

Middle Class Task Force economic policy proposals

Middle Class Task Force economic policy proposals. On Monday both Vice President Biden, chairman of the task force, and President Obama announced economic policy measures aimed specifically at "growing" the middle class of the U.S. economy...

Declining existing-home sales; median home prices decline in Tampa

Declining existing-home sales; median home prices decline in Tampa. On Monday, the National Association of Realtors reported that sales of existing homes "fell 16.7 percent to an annual rate of 5.45 million units in December."...

U.S. economy to weaken further on rise in White House political populism

U.S. economy to weaken further on rise in White House political populism. Explained in a previous article, the U.S. economy, and in particular the labor market, will continue to underachieve if politicians in Washington continue...

Job-stimulating economic policy, desperately seeking Keynes' multiplier

Job-stimulating economic policy, desperately seeking Keynes' multiplier. Wait, never mind the Keynes' multiplier rate. The Obama administration announces plans-a-new for re-working the "method of counting jobs under" the first...

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