YAL in Action

Check out YAL activities on campus and updates from around the liberty movement.

Tag: Recession Data
  • The Middle Class In America Is Being Wiped Out—Here Are 60 Facts That Prove It

    With the policies of the past 50 years we have seen the dwindling of the Middle Class of America. Even though Presidents like Obama think they are fighting for the middle class it would appear they are sorely mistaken. The Middle Class is being wiped out by the policies of our government and the mounting …

  • State of the Union: Ten Economic Graphs That Should Scare The Hell Out Of You

    Crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought. ~ MIT economist Rudiger Dornbusch At President Obama’s State of the Union Address this year, which was heavy on recycled platitudes and light on substance, the president did more to prepare for the upcoming …

  • McDonald’s shows how we’re still in a recession

    McDonald’s reported record profits of $27 billion in 2011.  Hooray, evidence of a global economic comeback, right?  Not so fast. For most people, McDonald’s isn’t necessarily their food of choice.  Sure, there are some people who voluntarily eat at McDonald’s very often.  But overall, the food at McDonald’s is low quality and extremely unhealthy.  In …

  • Unemployment at 9.1%, 117,000 Jobs Added

    A day after the largest single-day drop since the recession ended, the economy got a brief moment of good news with the July jobs numbers. According to the Bureau of Labor Statistics, the official unemployment numbers dropped to 9.1%, thanks in large part to 117,000 new jobs. Also, the May and June job numbers were …

  • Unemployment Hits 9.2%…Thanks Stimulus!

    The employment numbers for June were released today, and unsurprisingly, they aren’t pretty. The unemployment rate rose to 9.2%, the highest it has been since last December, with only 18,000 new net jobs added last month. According to the Bureau of Labor Statistics, this figure shows that nearly 14.1 million active job-seeking Americans can’t find …

  • My Rebuttal to the Claim that “Greed” Caused the Financial Crisis

    Excerpt: The financial crisis was not caused by simply credit default swaps or, since it is what you really mean, taking too much risk per se. I will grant you that had investment banks not given out sub prime loans than this particular bust would have not occurred the way it did, but to understand …

  • Harvard Students: How Has the Recession Impacted Your Life?

    Silver Circle’s trips around Harvard Square leave us fascinated by the random responses from passers-by.  However, this time we went where we’d know we could find a healthy perception on the topic of discussion. As you know, we cover a lot of money-related issues and our curiosity sent us to talk with the students of …

  • Startup Fever

    As the economy continues to suck, more and more college students are turning to entrepreneurship to provide extra income and offset mounting tuition debt.  Max Raskin in Bloomberg Businessweek reports: Inspired by Mark Zuckerberg, who founded Facebook as a sophomore at Harvard University, in Cambridge, Mass., and stymied by the shortage of jobs in the …

  • ‘Overdose: The Next Financial Crisis’ on Youtube

    Johan Norberg’s new documentary entitled ‘Overdose: The Next Financial Crisis’ is now available in its entirety on youtube.  The documentary features interviews with Pete Schiff, Gerald Celente, and Vernon Smith, as well as others. Check it out and spread it around.

  • Is the economic forecast looking up?

    In a word, no.  But here are 15 statistics to back that word up [source]: 1 – The number of Americans who are receiving food stamps rose to a new all-time record of 40.8 million in May.  The number of Americans receiving food stamps has set a new all-time record for 18 months in a …