Temporary Unemployment Benefits — Permanent Welfare?
The White House on July 21 extolled the extension of unemployment insurance by the Senate, claiming it was “not only the decent thing...
About: Bob Adelmann
Posts by Bob Adelmann
TARP Criticism Misses the Point
When TARP Inspector General Neil Barofsky criticized the Home Affordable Modification Program (HAMP) as being ineffective, he blamed the Treasury Department for not...
Maine Eyes Social Security for Pension Bailout
Instead of asking for a federal bailout, Maine is considering shifting part of its underfunded pension plan liabilities to Social Security. Without the...
Great Depression: Here We Go Again?
The unremitting flow of negative news about the economy has finally caught the attention of the mainstream media, causing an increasing number of...
Railroads, Robber Barons, and Unbridled Capitalism
When Matthew Josephson wrote The Robber Barons in 1934, he tipped his hand as to his personal prejudice against the capitalists of the...
Still Waiting for the Recovery
The economy has gained either 2.5 million jobs or 3.6 million jobs since the Recovery Act was signed into law in January, 2009,...
Social Security Benefits Only for Needy?
One way to fix Social Security would be to limit payments only to those who need them, according to House Minority Leader John...
Fixing State Budgets Will Be Painful
Pew Research recently polled Americans about ways to bring state budgets into balance and found that respondents did not like any of the...
The Millennial Generation, Jobs, and Reality
In a microcosm, Scott Nicholson, at age 24, represents his Millennial Generation well: He graduated from college two years ago and is still...
From China, With Love
Addison Wiggin asked his readers to imagine an older happily married couple, having their usual morning breakfast together: They work well together, though...
The Invisible Recovery
On Friday Reuters reported that non-government payrolls rose only slightly in June and overall employment fell “for the first time this year …...
Fannie and Freddie De-listed From NYSE: Now What?
When ABC News announced that Fannie Mae and Freddie Mac would be de-listed by the New York Stock Exchange on July 8, writer...
Financial Reform: Expanding Hubris, Limiting Freedom
When the House passed the 2,319-page Dodd-Frank financial reform bill by a vote of 237-192, all it did was confirm for many the...
TSA Catches More Flak
The new DVD Please Remove Your Shoes, to be released on July 1, was reviewed by Scott Mayerowitz at ABC News, who asked...
Double Dip Evidence Piling Up
When John Hussman, in his Weekly Market Comment, noted that the Economic Cycle Research Institute’s (ECRI) Index “has slumped to the lowest level...