Government assistance programs and policies are contributing to the decline in employment activity among able-bodied Americans, according to a new study by the Joint Economic Committee (JEC) Republicans. The study, titled, “Reconnecting Americans to the Benefits of Work,” published on Wednesday, seeks to understand why fewer prime-age Americans are part of the nation’s workforce. While noting that declining…
Government Assistance Programs and Policies Contributing to Employment Decline Among Able-Bodied Americans: Study
The Euphoria Behind Stimulus Plans Is Unwarranted
Commentary The U.S. retail sales and jobless claims weakness, significantly below estimates, coincides with the largest fiscal and monetary stimulus in history. Something isn’t right when these figures come significantly below estimates in an environment of massive upgrades to gross domestic product (GDP). Why? The diminishing returns of stimulus plans are evident. Artificially boosting GDP…
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