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The Keystone pipeline would create 20,000 American jobs and nearly 120,000 indirect jobs as well as increase revenues for state and local governments along its route. It would be senseless to forfeit such a huge economic stimulus with guaranteed job creation and an estimated $20 billion in revenue at a time when 25 million Americans are looking for work.
The best way to attract investment to the United States is not to penalize domestic firms that invest abroad, but to remove penalties on firms, domestic or foreign, that invest here. Numerous governments around the world have reached similar conclusions about their own economies and have reduced corporate income tax rates to attract investment to their shores.
"Given the disappointing March numbers, it is unlikely that this month's report will show a huge improvement. It is likely that the economy will add 120,000-140,000 jobs--small numbers that suggest protracted periods of sluggish growth still lie ahead of us." Aparna Mathur, AEI
For several years now, President Obama and his allies in the environmental movement have promised to usher in a green economy that will create millions of new green jobs that “can’t be outsourced.”
Wednesday and Thursday mark Egypt’s first post-Mubarak presidential elections. Sadly, what should be a purple-fingered moment brings some hope and much disappointment. Don’t get me wrong – Mubarak was a loathsome stooge, a petty and incompetent rentier tyrant who deserved what he got and more.
When the G8 major economies convened at Camp David last weekend, the continuing crisis of the euro, common currency of 17 European Union (EU) members, dominated the economic discussions. The agonies of Greece, badly divided in recent parliamentary elections, and forced to vote again on 17 June, were at the forefront.
Losing money is embarrassing. And an embarrassed Jamie Dimon publicly admitted that J.P. Morgan Chase goofed. Three senior executives lost their jobs as a result. But politicians and regulators in Washington are rushing to leverage the bank's misfortune for their own gain.
While adding “in bed” may make bland comments amusing, adding “like Steve Jobs” doesn’t make dumb ideas interesting or executable.







