https://www.theepochtimes.com/the-persistence-of-poverty-another-perspective_3058092.html
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In my previous column, I lamented how the poverty rate in the United States has remained range-bound between 11 and 15 percent ever since the War on Poverty was launched in the 1960s.
On Aug. 21, economist and former U.S. Sen. Phil Gramm and John F. Early, former assistant commissioner of the Bureau of Labor Statistics, wrote in The Wall Street Journal that “Americans Are Richer Than We Think” (an article I highly recommend). Among the authors’ assertions is that the incidence of poverty in the United States is a...
U.S. employers added fewer jobs than expected in September and wage gains slowed, adding to signs of decelerating growth in the domestic economy. However, the...
The Federal Reserve cut its benchmark lending rate by one-quarter of a point on Wednesday, the second time this year it has reduced rates in the face of a...
"Really Good Jobs Numbers!" President Donald Trump tweeted yesterday. They were good, but not "really good." Employers hired 130,000 people in August, the...
President Trump has again tossed out the economic and political playbook that guided other occupants of the Oval Office for generations as the United States...
President Donald Trump continued his attacks on Federal Reserve Chairman Jerome Powell on Friday, calling Powell an “enemy” as the Fed resists drastically...
U.S. employers added jobs at a steady pace last month, and the unemployment rate hit a 50-year low, signaling the labor market continues to provide...
Last week, several researchers at the Federal Reserve posted an analysis of the minimum wage in New York state. In the grand sweep of the research and debate...
The Federal Reserve has cut its benchmark interest rate again, big news for the U.S. economy but something that will likely have a muted impact on Americans’...
WASHINGTON (AP) — A sharply divided Federal Reserve cut its benchmark interest rate Wednesday for a second time this year while saying it’s prepared to...
Updated at 8:52 a.m. ET U.S. employers added 130,000 jobs in August, according to a monthly snapshot from the Labor Department, signaling a slowdown in the...
The numbers: The economy added 136,000 new jobs in September, the government said Friday. Economists polled by MarketWatch had forecast a 150,000 increase....
Stocks gained after the Federal Reserve on Wednesday lowered its benchmark interest rate by a quarter percentage point. The Dow Jones Industrial Average...
U.S. employers added 130,000 jobs in August, a volatile month plagued by trade uncertainty, missing Wall Street's expectations, as investors look for evidence...
In my previous column, I lamented how the poverty rate in the United States has remained range-bound between 11 and 15 percent ever since the War on Poverty...
WASHINGTON – President Trump tried to alleviate fears of a recession on Sunday, echoing recent statements from his top economic advisers. “I don’t see a...
