Rational Nation USA

Rational Nation USA Purveyor of Truth Uh oh, overall good economic news, including the best increase in jobs for a single month in 15 years. What next, the Dow sprinting above 18,000? Can not help but thinking about whether the current administration gets any credit for the improved performance and if the Tea Boys and Girls are working on the next scandel yet. After more than five years of elusive gains, ordinary Americans may finally be about to see the benefits of the recovery where it really counts: in their pocketbooks and wallets. The Labor Department reported Friday that employers added 321,000 jobs in November — a much stronger number than expected — but perhaps even more significant was the biggest gain in average hourly earnings since June 2013. Hourly earnings rose by 0.4 percent in November, double what economists had been expecting. That gain in hourly pay was significantly above the measly 0.1 percent increase in October, let alone the unchanged number in Septemb...

By: Pamela D. Hart Here we go again! Obama wants to stimulate the economy and create jobs with…yep you guessed it, STIMULUS! And we know how well THAT worked in 2009! Those Shovel Ready jobs weren’t as shovel ready as they expected, we found out two years later, although, those of us on the Right knew they weren’t, but hey, why listen to us, we only wanted jobs created by the private sector, not TAX dollars. And that’s what Obama is proposing now…or so the “leaked” info says. According to the information “leaked” to the press , once President Obama returns to the White House after his vacation, he’s going to propose targeted tax breaks for companies that hire, mortgage relief for struggling homeowners and infrastructure deals…um didn’t we do that in 2009? Wasn’t that part of the almost one trillion in so-called stimulus? This is déjà vu! And it’s going to be déjà vu all over again with results. We NEED private sector jobs, NOT jobs created by tax dollars. Even Jan Sch...

“The misery of being exploited by capitalists is nothing compared to the misery of not being exploited at all”. -- Joan Robinson, Cambridge Economist “Are the American People Obsolete?” Michael Lind in Salon Magazine asks, “ Are the American People Obsolete? ” It’s an interesting question. The offshoring of industrial production means that many American investors and corporate managers no longer need an American workforce in order to prosper. They can enjoy their stream of profits from factories in China while shutting down factories in the U.S. He raises some legitimate concerns about globalism, but he comes unglued talking about “privatized armies” and America’s elite “shutting down every factory in the United States.” Despite such broad brush hysterics, I still recommend my conservative and libertarian friends read it all to see the world through the eyes of the fevered left.  As a bonus, this economic naif unwittingly answered his own worries about labor, wages...