james pethokoukis News

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Is an Obama Tax Cut Coming?

(Sept. 2) -- A Wall Street Journal story says the Obama administration is considering tax cuts and other stimulus measures, sending the blogosphere into a flurry of activity. A later White House statement (see "Update") suggesting such reports were "premature" has done little to calm the waters. Early buzz is mostly...

james pethokoukis News From the Web

05/08/12 Austerity Hasn't Failed. It Hasn't Even Been Tried. Source: Forbes If it doesn't involve a significant spending cut, how can it be austerity?
05/05/12 What Is the Real Unemployment Rate? 11.1 Percent? Source: The Weekly Standard - Washington DC James Pethokoukis asks , "what is the true state of the labor market?"
05/04/12 Unemployment Rate Drops Slightly As Alarming Number Of... Source: Say Anything Per James Pethokoukis , if the labor pool (the number of Americans participating in the job market) were the same size today as when President Obama took office the unemployment rate would be 11.1%. But because so many Americans have given up looking for work, and thus fallen out of official counts, the unemployment rate has actually gone down hitting 8.1% in April.
05/04/12 'Hiring Fizzles:' Unemployment Rate Drops as 522,000... Source: NewsBusters.org About 45,000 fewer jobs were added in April than economists expected , and the unemployment rate dropped to 8.1 percent due to more than a half million people giving up the job search.