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Economic News & Freemarkets

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Lesson # 1:

There was a little mentioned tangent to last Friday's very disappointing NFP print of +115,000 (driven by a surge in temp jobs offsetting a collapse in full time positions): as David Rosenberg notes, the jobs number was  Read more

At least 2 million illegal aliens are claiming tax credits for kids living in Mexico.  The government is doing nothing to stop them.  See the video here:

http://www.wthr.com/video?clipId=7054149&topVideoCatNo=103348&autoStart=true

All across the country, students are studying for Advanced Placement exams coming in the middle of May. Students in AP Economics are taught with Krugman’s Economics for AP by Margaret Ray and David A. Anderson, adapted from Paul Krugman and Robin Wells’ Economics (Second Edition).

Some folks want to pretend government intervention never happened.

New York Times By Jennifer Steinhauer April 20, 2012 WASHINGTON

President Obama is finding himself increasingly boxed in on the Keystone pipeline fight as more Congressional Democrats are joining Republicans in backing the project, which has strong labor support and could generate significant numbers of jobs in economically hard-hit states.

Kid flailing on the store floor demanding you change your NO to a YES, embarrassed you cave and throw whatever in the cart, kid happy, wealth redistributed to the brainless. Kid has no clue the soon to be discarded gizmo just cost money that can’t be spent elsewhere.