Love is a fire.
But whether it is going to warm your hearth
or burn down your house,
you can never tell.
Joan Crawford
Pro-Liberty Thought of the Day
Image of the Day
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| Via the Independent Institute |
Facebook Corner
(IPI). Illinois lost 3,200 payroll jobs in March, and the state’s unemployment rate ticked down to 8.4% from 8.7%.
Illinois’ month-over-month change in payroll jobs was the third-worst nationally. Only Pennsylvania and Virginia lost more jobs.
This news comes fresh on the heels of the announcement by Cosi Inc. that the company will move its headquarters from Deerfield to Boston.
How did the rate go down but 3200 jobs lost. Sounds like a bs percentage to me. Seems it would be higher.
In national statistics this is because jobless people after a certain amount of time are no longer considered in the labor force, which is used in "official statistics". If enough jobless people roll out of the labor force, the official U-3 rate can decrease, This doesn't mean, of course, the unemployed have disappeared; consider U-5, U-6, the labor force participation rate.
(Libertarianism.org) A nice essay showing the economic success of Sweden's mythical social welfare state did not come about from government but from an earlier tradition of free markets and free trade.
Don't let the truth get in the way of the great socialist myth
They are a "social Democracy", not socialist....nice try....
The commenter did not say Sweden; he was talking about this fairy tale "progressives" concocted about how Sweden owes its economic success to interventionist and redistributionist policies. This paper convincingly shows that, in fact, that the implementation of social welfare policies adversely affected incomes, wealth creation and the standard of living.
hasnt the dow jones been the highest in history while Obama has been in office
It has to do with ultra-loose activist monetary policy.
Political Cartoon
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| Courtesy of the original artist via IPI |
Benny Andersson Band, "Story of a Heart"
