Page 10 - Ryan Bourne News Today

Editor's note: Dr. Mike Walden is a William Neal Reynolds Distinguished Professor Emeritus at North Carolina State University. RALEIGH - Although I no longer

Ryan Bourne 25 Mar 2021, 4:00pm 2/5 The former Governor of the Bank of England seems frustrated that our freely made economic and political choices dont conform to his own Advertisement Advertisement Weve noticed youre adblocking. We rely on advertising to help fund our award-winning journalism. We urge you to turn off your ad blocker for The Telegraph website so that you can continue to access our quality content in the future. Thank you for your support. Need help? Close

(The Center Square) – Federal supplemental unemployment payments began as a bipartisan measure to remedy the hardships of COVID-19 last year, but as businesses across the country struggle to find workers, it is turning into a political battle. Several Senate Republicans held a news conference Thursday to call for an end to the federal unemployment payments, citing employers difficulty finding workers. The move comes as Republican-run states around the country have announced they will no lo...

(The Center Square) – Federal supplemental unemployment payments began as a bipartisan measure to remedy the hardships of COVID-19 last year, but as businesses across the country struggle to find workers, it is turning into a political battle. Several Senate Republicans held a news conference Thursday to call for an end to the federal unemployment payments, citing employers difficulty finding workers. The move comes as Republican-run states around the country have announced they will no lo...

“What was intended to be a short-term financial assistance for the vulnerable and displaced during the height of the pandemic has turned into a dangerous federal entitlement, incentivizing and paying workers to stay at home rather than encouraging them to return to the workplace,” South Carolina Republican Gov. Henry McMaster wrote in a letter to the state’s Department of Employment and Workforce. While Georgia is the latest state to turn away the federal funds, many experts expe...

Print this article Every day, we are warned about the power of monopolies, and some concerns are justified. But a look at history confirms that monopolies do not tend to survive all that long. Large companies such as Google, Amazon, Facebook, Microsoft, and Apple have come to be portrayed as the “enemy” all around the world. The paradox: Almost everyone uses their products and services, but hardly anyone likes the companies behind them. Some concerns are justified, especially regarding the...

Biden Plan to Subsidize Child Care Could Have Unintended Consequences The American Families Plan is the third installment in three massive spending bills the president has proposed. The $1.9 trillion American Rescue Plan, Bidens coronavirus stimulus, has already passed. The $2 trillion-plus American Jobs Plan – billed by the White House as an infrastructure effort, though congressional Republicans say most of the spending is on other things – was proposed by Biden earlier this year. And h...

Evidence of the Risks of Elevated Unemployment Insurance Benefits By Erin Partin SHARE Last week’s job market numbers were strong. The unemployment rate fell to 6.0 percent – the lowest since the start of the COVID-19 pandemic – and total nonfarm payroll employment rose by 916,000 in March. But signs already suggest that the employment bounce-back is being restrained from its full potential by Congress’s decision to entrench a $300 weekly unemployment benefit supp...

Have you ever stopped to wonder why hand sanitizer was missing from your pharmacy for months after the COVID-19 pandemic hit? Why some employers and employees were arguing over workers being re‐​hired during the first COVID-19 lockdown? Why passenger airlines were able to get their own ring‐​fenced bailout from Congress? Economics in One Virus answers all these pandemic‐​related questions and many more, drawing on the dramatic events of 2020 to bring to life some of the most importa...

Why Reform Conservatives Should Embrace Capitalism, Not Shun It March 15, 2021 There has been no shortage of “what happened and what comes next” analyses since last November. What do we make of President Trump’s unexpected 2016 victory and close defeat in 2020? To what extent did these outcomes depend on Trump’s unique personality, media attention, Hillary Clinton’s unpopularity, or Joe Biden’s perceived moderation? And how much credit — or blame — should we assign to Trump’s ...