News
NY Times | U.S. Spending Billions on Rural Jobs, but Impact Is Uncertain
The Agriculture Department said it had provided more than $6.2 billion to help nearly 10,000 small and emerging rural businesses expand, creating or saving more than 250,000 jobs since 2009.
CNN Money | More layoffs looming on Wall Street
Wall Street should brace for an autumn of upward revisions among the big banks. Not for profits or revenue, but in the number of layoffs to come.
Econ Comments
WSJ | What Job 'Training' Teaches? Bad Work Habits
A 1969 government study warned that teens in federal jobs programs 'regressed in their conception of what should reasonably be required in return for wages paid.'
Fox Business | Where are the Jobs in the American Jobs Act?
On Sept. 8 President Obama addressed a joint session of Congress to present the American Jobs Act. In his speech the president outlined tax breaks for individuals and small businesses, funding for infrastructure projects and an extension of unemployment benefits. But the looming question remains: will these moves actually create jobs?
Blogs
Atlantic: McArdle | Obama's Job Plan: A Never-Never Bill
It's worth noting that a deduction phase-out is actually worse than a marginal tax hike. Deduction phase-outs amplify other rate increases--depending on how they're structured, a deduction phase-out can actually mean that you make less money at $251,000 than $249,000.
