Duration of unemployment isn’t improving
Although the unemployment rate has declined, there are still problems in the labor market that don’t appear to be improving. The duration of unemployment is an example.
Read More »Economic development
Pompeo: Impending tax increases threaten economic growth and jobs
Following is an article from U.S. Representative Mike Pompeo. This week the House of Representatives will vote to stop the largest tax hike in American history, which, absent legislative action, is set to occur on January 1, 2013. I hope the Senate and President Obama will join us. Last week’s report of the economy growing at an anemic 1.5 percent is further evidence that tax | Read More »
Mike Pompeo: We need capitalism, not cronyism
In a guest column written for Americans for Prosperity, Kansas, U.S. Representative Mike Pompeo of Wichita explains why political cronyism, sometimes called crony capitalism, is wrong for our country. Pompeo coins a useful new term: “photo-op economics” to describe why some politicians support wasteful federal spending projects — as long as the spending is wasted in their districts. Then logrolling — the trading of legislative | Read More »
Local chambers of commerce: government booster clubs
This column is cross-posted from Voice for Liberty in Wichita. The fact that the Overland Park Chamber of Commerce supports a tax increase reminded me of a piece in the Wall Street Journal by Stephen Moore that shows how very often, local chambers of commerce support principles of crony capitalism instead of pro-growth policies that support free enterprise and genuine capitalism. We may soon have | Read More »
Economist: Kansas must improve its competitive position
This column is cross-posted from Voice for Liberty in Wichita. Last week the American Legislative Exchange Council released the fourth edition of Rich States, Poor States: The ALEC-Laffer Economic Competitiveness Index. This is an important study by authors Arthur B. Laffer, Stephen Moore, and Jonathan Williams that identifies states that use “best practices to enable states to drive economic growth, create jobs, and improve the | Read More »
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