YAL in Action

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

Tag: recession
  • Cosmetology and Goldman Sachs

    As we continue to wallow in recession thanks to irresponsibility from the Federal Reserve and Wall Street, it’s not uncommon to hear arguments that if we simply had more regulations. This article from the New York Times offers a great micro example of one of the problems with that argument (note:  I said “one of” — I’m …

  • The Jobs Through Growth Act

    The Republican Study Committee (RSC) has drafted a bill called The Jobs Through Growth Act, H.R. 3400, which is supposed to significantly reduce the federal burden on businesses and encourage business owners to begin hiring again.  The RSC, led by Chairman Jim Jordan, has combined several pieces of legislation that relieve job producers by reducing …

  • Bernanke is Lost in the Dark

    No tallies were added to the job board in August and President Obama will be stepping in to help with a proposed plan of $447 billion in stimulus money. The plan will provide for unemployment benefits, payroll tax cuts, infrastructure, and security cash so teachers, firefighters, and cops don’t get laid off — we can’t have employees …

  • Who do they work for, really?

    It’s been two years since the financial collapse, and where are we now? Our unemployment is hovering around 9.8%, our dollar is failing from the policies of the Federal Reserve Bank, and our national debt has increased by trillions, but take  heart! Those on Wall Street continue to live in the lap of luxury. Because …

  • The Recession is over! Really, it is! Now go buy stuff!

    The recession is over, at least according to the official version of history as the National Bureau of Economic Research (a private nonprofit group, despite the name) wants to see it.  I think if they declare it just a few more times, that will make it happen.  Poof. I am glad I read this article, though, because …

  • Tranquilized the Economy

  • The Autumn of Nothing but Ramen Noodles for Dinner

    “The Summer of Recovery is apparently sliding into the Autumn of Nothing but Ramen Noodles for Dinner.” Oh, Jon Stewart.  So great.

  • I Don’t Wanna Grow Up; I’m A Boomerang Kid!

    The New York Times published an article today citing the emerging phenomenon of delayed financial independence for the 20-something generation.  In typical NYT fashion, the article makes every attempt to discount the economic condition as a fundamental contributor to the shifting social order.  Instead, “emerging adulthood” psychology professor, Jeffrey Arnett, is called upon to bring …

  • Leaving Afghanistan Behind

    When it comes to armed conflict, timelines for withdrawal mean nothing if the war is undeclared. Goals are always set in the vaguest of terms with the intention of prolonging the conflict to establish a long-term commitment and remove all possibilities of a total and complete withdraw. So when we are told by the Obama …

  • The Shape of the Recession

    Options include(from least to most grim):  V, U, W, WW, L.  Wait, maybe that last one really ought to be |________.   From Mish Shedlock’s Global Economic Trend Analysis: The global slowdown – already evident in second-quarter data for 2010 – will accelerate in the second half of the year. Fiscal stimulus will disappear as austerity …