Phone calls carry more weight than emails

Macroeconomic Advisers LLC says President Barack Obama’s American Jobs Act “would give a significant boost to GDP and employment.” The various tax cuts aimed at raising workers’ after-tax income and encouraging hiring and investing, combined with the spending increases aimed at maintaining state & local employment and funding infrastructure modernization, would: Boost the level of [Read More…]

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Job Seekers Open Thread

. Here’s the good thing (or at least the thing I keep telling myself is a good thing): It’s September. It doesn’t matter that most employers aren’t bound by the academic year and that there’s nothing about their annual or seasonal schedule that makes September special. Like the rest of us, they can’t escape the [Read More…]

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When the free market gives you free money, take it

The U.S. Mint has been trying to promote the use of $1 coins, offering free shipping to those who “purchase” large quantities of the more durable, more efficient currency. Some credit card banks promote the use of their cards by offering frequent flyer bonus miles as a reward. The more you purchase with those cards, [Read More…]

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Post-Labor Day Job Seekers Open Thread

. Job seekers: Let us know where you are and what you’re looking for. Everybody: Skim through and see if you know something, or know someone, or know someone who knows someone, who might help out one of our job seekers. My latest thing is hitting all the local chamber of commerce sites, making lists [Read More…]

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The priority of labor (cont'd.)

It is, admittedly, a bit odd for me as a Baptist to be such a fan of a papal encyclical. But my enthusiasm for Laborem Exercens is in spite of, not because of, its claim to ecclesiastical authority. I admire it because it presents a thoughtful and principled argument based on and distilled from non-sectarian [Read More…]

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Happy Labor Day

We must first of all recall a principle that has always been taught by the Church: the principle of the priority of labor over capital. This principle directly concerns the process of production: in this process labor is always a primary efficient cause, while capital, the whole collection of means of production, remains a mere [Read More…]

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Brian Moynihan and Empress Eudoxia

Where does Brian Moynihan go to church? And how is it that he still feels comfortable there? Moynihan, the CEO of Bank of America, “plans to cut at least 3,500 jobs in the upcoming months, with the possibility that thousands of additional positions could also be eliminated.” In a memo to the bank’s senior management [Read More…]

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Don't lay off 120,000 postal workers in the middle of a jobs crisis

First, do no harm. I appreciate that the U.S. Postal Service is facing a world of reduced revenue due to the Internet. But right now, in the middle of a yearslong jobs emergency, is not the time for talk of layoffs. Until the jobs crisis is resolved — i.e., for the foreseeable future — the [Read More…]

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