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Heritage Employment Report: June Jobs Fizzle
The June employment report released this morning by the Bureau of Labor Statistics (BLS) shows a labor market treading water. Employment and the labor force grew only in line with population growth at 80,000, and unemployment remained at 8.2 percent. In short, another month passed without a significant reduction in the number of unemployed Americans.
CONTINUE READING ABOUT THE FIZZLE >>
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Obama's Taxmageddon Tax Increase Would Hurt Job Creation
Pressure is building on President Obama and Congress to stop Taxmageddon, a $494 billion one-year tax increase that is poised to strike the economy on January 1, 2013. After a considerable period of silence, President Obama finally entered the debate about Taxmageddon in a recent speech. Rather than come out in favor of stopping Taxmageddon in its entirety, however, President Obama instead pushed for his long-sought tax increase plan to repeal the Bush tax cuts (the largest portion of Taxmageddon) for “the rich.”
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Chinese Outward Investment: Acceleration Features the U.S.
Chinese investment could be a global economic force for decades to come. The potential was underlined in the first half of 2012, when investment climbed more strongly than in 2011. The U.S. in particular saw a rebound. Policymakers should welcome this development by making the American review process quicker and more transparent. Washington should also seek better American investment access on a bilateral and multilateral basis, including in China.
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 | About The Heritage Foundation
Founded in 1973, The Heritage Foundation is the nation’s most broadly supported public policy organization. Heritage created the Center for Legal and Judicial Studies in 2001 to educate government officials, the media and the public about the Constitution, legal principles and how they affect public policy. | |
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