Immigration and the Economy Revisited
Some time ago, I wrote a piece (Do Illegal Immigrants Hurt the Economy?) arguing that immigration is not a net drag on the economy–that immigrants do not, in the long term, “steal jobs and depress wages”, as the myth often goes. Unfortunately, some readers took this to mean I was advocating illegal immigration. In fact, [...]
Continue Reading →Do Illegal Immigrants Hurt the Economy?
It is often said that illegal immigrants steal jobs and depress wages. This statement is at least partially true: illegal immigrants do often work for less than their American counterparts, and this does result in some natives losing jobs to immigrant labor. However, the story doesn’t end there. When an employer spends less for the [...]
Continue Reading →Hurricane Irene and Price Gouging
When demand goes up, prices go up. Rising prices send the signal to producers that more supply is needed. In order to maximize profits, producers direct their supply to markets in which prices are highest. With more supply in the market, prices come back down and consumers’ needs are satisfied. The economic realities described above [...]
Continue Reading →Can Spending Cuts Create Jobs?
Appearing last night on Freedom Watch with Judge Andrew Napolitano, radio talk show host Nancy Skinner asked how cutting government spending can create jobs. Clearly pleased with herself, Ms. Skinner went on to observe that Tea Partiers and other small government types had yet to answer the question. On that point, she may be correct, [...]
Continue Reading →The 14th Amendment and the Debt Ceiling: Fact and Fiction
On Monday morning, members of the Congressional Progressive Caucus and Congressional Black Caucus will hold a press conference to urge President Obama to increase the debt ceiling without the authorization of Congress, and without any spending cuts attached. A growing number of Progressives, including Sen. Tom Harkin (D-Iowa), Sen. John Kerry (D- Mass.), and Former [...]
Continue Reading →Unemployment by State: GOP Bests Dems on Jobs
As the battered economy continues to stagnate, the number one issue in Washington is jobs. The dueling talking points of Democrats and Republicans have been repeated ad nauseam, but who really has the better plan to get America working again? In the United States, we are lucky to have fifty laboratories in which to test [...]
Continue Reading →A War Is a War Is a War
It looks like my recent commentary, “Libya and the Hypocrisy of the American Left”, touched a nerve with one of my colleagues. Unfortunately, Mr. Grau’s eloquent rebuttal still exhibits the same flawed thinking as I identified in my original post. What Progressives cannot avoid, despite their best efforts, is that A is A. Gertrude Stein [...]
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