Wednesday, November 18, 2009

Links

A more appropriate recovery.gov logo.
  • Stimulus money is headed to congressional districts which don't even exist. Apparently the government is aware of the problem but 24 hours later hadn't figured out how to correct it. But health care will be completely different.
  • Dan Ikenson notes new rankings which show the U.S. has slipped even further in its openness to trade under the Obama Administration.
  • Tad Dehaven points out a Wall Street Journal article on GE's effort to get a slice of the stimulus pie. If you want to really stick it to corporations, embrace limited government.
  • Casey Mulligan, an economics professor at the University of Chicago, says this year's hike in the minimum wage may play a significant role in the increase in the teenage unemployment rate. Remember, while people commonly see the minimum wage as a burden on businesses, its greatest victim are potential employees who are forbidden from selling their labor below a certain point and harming employment prospects.
  • Democrats are looking to impose a new tax on stock trades to pay for yet more spending. Because, you see, when the government takes money out of the economy through taxes and then puts it back in through spending it generates jobs. Or something.

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