Relevant and even prescient commentary on news, politics and the economy.

No, immigrants aren’t taking all the jobs

A common right-wing grievance is that undocumented (“illegal”) immigrants are taking all the jobs. In particular, that they’re stealing jobs from native-born Americans. What’s the evidence? If it were true that immigrants were stealing jobs from native born Americans, then if you plotted labor force participation by native- and foreign-born over time, they would have […]

"The Treadmill and the Poor Law are in full vigour, then?”

by run 75441 “The Treadmill and the Poor Law are in full vigour, then?” A Christmas Carol, Charles Dickens “That’s Baloney” stated Rep. Micky Hammon, R-Decatur, Alabama; the immigration bill cosponsor, told the Huntsville Times. “It’s clear the study over estimates the negative and under estimates the positive to skew the result toward an agenda,” […]

Participants dropping out at astounding rate

Mish at Global Economic Analysis says it loud and clear as well as Mike Kimel and Ken Houghton here at Angry Bear: I will stick with what I have said on many occasions “People are dropping out of the labor force at an astounding, almost unbelievable rate, holding the unemployment rate artificially low.” The reason is […]