Econ Comments & Analysis
Daily Caller | Obama is ignoring his own jobs council's recommendations
On Tuesday, President Obama met with his so-called Council on Jobs and Competitiveness to discuss its recommendations for the U.S. economy. Despite the panel being stacked with cronies and rent-seekers, its recommendations were mostly sensible.
WSJ | The Jobs Picture Is Still Far From Rosy
The typical American judges the state of the economy by the quality of the labor market. If jobs are scarce and wages are flat or falling, decent increases in the gross domestic product or the stock market are almost irrelevant. Aware of this point, President Obama convened yet another White House meeting on jobs earlier this week.
WSJ | The MetLife Lesson
You know something's wrong when a company like MetLife can't find a buyer for its mortgage unit, fires 4,300 workers, and its stock rises.