The rallying cry of government budget cutters in the austerity vs. stimulus debate is that they don’t want to burden our children and grandchildren with the country’s debt. That certainly is a more appealing argument than the “austerity leads to a healthier economy” baloney. The evidence is all too clear that while the U.S. economy …
Austerity’s other failure—babies abandoned in a box Read More »
Small businesses again led the way with 44.8% of the 163,000 new jobs creating in July according to the ADP National Employment Report. Compared to the sluggish new job growth of 75,000 average per month from April to June, the new data is a welcome sign of a still growing economy. The European “austerity” countries …
Over the weekend I was asked to speak at the African American Economic Summit sponsored by the South Carolina NAACP at Claflin University. The topic of my panel was “Factors Driving the Current Economy”. The keynote address was given by Dr. Douglas Woodward, Director of Research at the University of South Carolina’s Moore School of …
