Making Work Pay
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Will High Unemployment Strangle the Recovery?
The worst recession since the Great Depression has already eliminated 7.2 million jobs, and analysts figure 750,000 more jobs could disappear over the next six months. That means the administration of U.S. President Barack Obama may be forced to employ a second stimulus if it wants to preserve the fledgling recovery that has carried the […]
Can Democrats Anchor Unemployment Without Doing More Damage to the Deficit?
With the unemployment rate soaring alongside the U.S. budget deficit, the Obama Administration and congressional Democrats are struggling to solve the nation's problems before next year's midterm election. But they may be struggling in vain. Since 1945, the party that has controlled the White House has lost an average of 16 House seats in the […]