Economy

unemployed

Unemployment Among 18-29 year-olds is 16.1 per cent

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[repostus jump=4 hash=49094d65160eb86e64540fe7ff25b60a title=Unemployment+Among+18-29+year-olds+is+16.1+per+cent host=Tom+O%27Halloran short=1HEUz snip=The+devil+is+in+the+details%3A+Positive+jobs+numbers+hide+troubling+developments+for+young+workers%2C+net+loss+in+full-time+jobs%2C+massive+surge+in+part-time+employment+By+David+Martosko+In+Washington+Hidden+beneath+the+surface+of+Friday%E2%80%99s+largely+positive%26hellip%3B thumb=6320257] Return to homepage Unemployment photo courtesy of winnond

Alaska

The Time May Be Right To End The Alaska Permanent Fund Dividend

2 Comments / Alaska, Business, Economy, Politics / By

The Dividend is a Redistribution Policy The Alaska Permanent Fund was established in 1976 as an investment that would allow for the continuation of funding of Alaska’s essential services once the Alaskan oil resources had been exhausted. While a portion of the income from the Fund comes from oil revenue (about 11% of total oil …

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microeconomics

Krugman Needs To Consider Microeconomic Factors Before Claiming “No Trickle”

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Paul Krugman published an article today that consisted of 3 sentences and a chart entitled “No Trickle” that he presents as evidence that company profits do not trickle down to employees. However, he fails to examine the potential microeconomic reasons for the short-term data he presents. The chart he references is the following (pardon the …

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Oil

Oil exec warns taxes could sink US energy rebirth

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  Oil exec warns taxes could sink US energy rebirth (via AFP) A top US oil industry figure warned Tuesday that the country’s energy renaissance could be threatened by “punitive” tax policies on oil and gas exploration. With the US government looking to remove tax breaks for big oil firms to help boost government revenues, …

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spending cuts

Pushing Out Spending Cuts Might Have One Advantage

2 Comments / Economy, fiscal cliff, Politics / By

Spending cuts and debt ceiling debate not necessarily as divisive By Holly A. Bell While I am skeptical of the current fiscal cliff deal’s ability to resolve the uncertainty that has been plaguing our economy, there might be one advantage to pushing sequestration out two months: Spending cuts and the debt ceiling might be a …

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