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Walmart Wins, Union Loses. Walmart Shoppers Never Noticed.

Written by Gary North on February 1, 2013

The union that tried to create problems for Walmart in the Thanksgiving sales failed miserably. There were pickets at 26 stores nationally. It was a complete flop. Now the National Labor Relations Board has ordered the union to cease picketing. This means that the picketing was illegal after all, just as Walmart had claimed in […]

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Jobless Claims Rise by 38,000. “No Problem.”

Written by Gary North on February 1, 2013

The recovery is A-OK. Did jobless claims rise by 38,000, to 368,000 last week? Yes. No problem. The total number of people claiming benefits in all programs for the week ending January 12 was 5,914,983, an increase of 255,501 from the previous week. No problem. Did GNP fall in December? Yes. No problem. How do […]

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Budgeting for a Lifestyle Contraction

Written by Gary North on January 9, 2013

I regard survivalism as a legitimate lifestyle that is hedging against a series of events that are unlikely to take place, but which if they ever take place, would place the serious survivalist in a much better position to deal with these events than most others who live in an urban environment. The basic issue […]

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Obamacare Arrives. Full-Time Jobs Will Depart.

Written by Gary North on January 2, 2013

The threat of fines totaling $2,000 a year for not providing health care to full-time workers will be a great subsidy forĀ  companies that supply part-time workers. They will be in greater demand. Workers who already work less than 30 hours a week will find lots of new competition. They are likely to be locked […]

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College Fires 400 Full-Time Teachers — ObamaCare Strategy

Written by Gary North on November 24, 2012

A community college in Pennsylvania has turned 400 full-time teachers into part-timers. It will save $6 million in ObamaCare expenses. They had no medical insurance before, but they had full-time jobs. Now they will have neither. All across America, businesses will be imitating this school. Marginal workers will be fired or turned into part-timers. ObamaCare […]

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Unemployment at 6%: Not a Chance.

Written by Gary North on October 1, 2012

The Federal Reserve has adopted QE3 to get the unemployment rate down. But how long will this take? Here are the basics of employment. Every month, the working-age population grows by 100,000 people. To get the unemployment rate to 6% will take job growth of at least 250,000 a month for at least four years. […]

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