Showing posts with label unemployment. Show all posts
Showing posts with label unemployment. Show all posts

Tuesday, June 2, 2015

Labor Policies During The Great Depression


What was the U.S. government doing about labor policies during The Great Depression?  Very early in the recession the U.S. passed the Smoot-Hawley Tariff of 1930.

In this video clip Thomas Sowell highlights its effects...




*clip from the Hoover Institution


Wednesday, March 18, 2015

Humpday Humor: How To Solve Unemployment



An American Farmer's 
World War II Draft Card




























What is a politician to do about high rates of unemployment???  Conscription!

Thomas Sowell explains how to solve unemployment...




*clip from the Hoover Institution


Sunday, May 25, 2014

California's Seven Year Long Recession

The LA Times reports that thanks to the financial recession, middle aged Californian's are moving in with their parents at a staggering rate:
For seven years through 2012, the number of Californians aged 50 to 64 who live in their parents' homes swelled 67.6% to about 194,000* 
Can we call it a depression yet?  

*data from UCLA Center for Health Policy Research, Insight Center for Community Economic Development.

Friday, May 16, 2014

Greek Cleaning People Get a Bailout

A Greece court ruled that 397 cleaning people were wrongfully suspended from their jobs last year.  Where did these folks work?  In the tax offices and Finance Ministry.

With the Greek economy shrinking and 27% of its workers still unemployed there is no word yet as to who will be paying the taxes to pay for the cleaners salaries.  Perhaps an EU bailout for the cleaners is in order.

From the AP