Many commentators have noted in recent years that Americans have been leaving the labor force. Their departure has made interpretation of unemployment statistics more difficult, and because the Bureau of Labor Statistics (BLS) publishes six variants of the unemployment rate, considerable debate has occurred about the “real” rate of unemployment. Much of this confusion can...
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Further to my post, “Two Wolves and a Sheep,” a new poll out yesterday from The Hill disputes other polls showing a majority favoring taxing the rich more. According to The Hill’s poll, when asked the specific percentage “the rich” should pay, most provide a number lower than the current tax rate on the...
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