Blog Articles

Has the USA Fallen Permanently Behind?

In today’s Wallstreet Journal Opinion, The Folly of Subsidizing Unemployment http://on.wsj.com/d4HruL, Harvard economics professor, Robert Barro, argued that the ranks of unemployed workers would be lowered by 4,000,000 if the unemployment benefits of the 14,000,000 unemployed workers had been eliminated, rather than extended. Professor Barro said, “Suppose…the share of long-term unemployment had equaled the peak […]