America’s Youth Should Broaden Its Post High School Education Options
I came across a fascinating article in The Wall Street Journal recently that reported that due to Germany’s aggressive promotion of vocational schools and skills training, the German unemployment rate for young people is below 8 percent. Contrast that to a new report that one in four Americans aged 24 to 54 aren’t working. That’s an unemployment rate of 25 percent. For our teenagers it is even much higher. That’s a tragedy. But at the root of the problem... Read More
Why Some States Are Creating Jobs
We’re all familiar with the book, The Grapes of Wrath, the depression tale of millions of desperate families during the 1930s that headed to California for promised jobs. I’m not suggesting we’re at this stage yet, but for millions of unemployed Americans, they are finding that the local job market has dried up and they may need to relocate to more prosperous areas. The good news is that there are plenty of jobs, if you know where to look. Jobs these days,... Read More
The Assault on CEO Compensation
Professional sports players are usually paid based on performance. The better they play, the more money they make. In the business world, CEOs are usually compensated based on the performance of their company. The better the company performs, the more they are paid in salary and stock options. One big difference is that professional sports teams work with a salary cap, which determines how much money they can spend on their players. In the business world, most CEOs don’t... Read More
President Obama’s Job Creation “Success” Is a Sham
In July, the number of persons employed part time for economic reasons, sometimes referred to as involuntary part-time workers, was essentially unchanged at 8.2 million. These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job. Contrast this to 2004 when The Heritage Foundation estimated that only one in five part-timers preferred a full-time job. Look where we’ve come in nine years. The term... Read More
