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Rising state payroll taxes in the US in 2010 acts as a disincentive for hiring. The rising state payroll taxes go to paying back $41 billion in loans from the federal government needed to fund unemployment insurance.
Grouped Articles
States Raise Payroll Taxes to Repay Loans
Wall Street Journal 11/20/2010
Job Tax Plan Lands With a Thud
Wall Street Journal 02/09/2011
Obama Plans to Rescue States With Debt Burdens
New York Times 02/08/2011
Relief for States and Businesses
New York Times 02/09/2011
In Florida, the Unemployed May Face Deep Cuts in Benefits
New York Times 03/31/2011
In Missouri, Extension of Unemployment Pay Is Blocked
New York Times 03/31/2011
Grouped Articles
Wall Street Journal 07/30/2013
Job Losses Rise as Private Hiring Slows and Public Payroll Shrinks
New York Times 10/08/2010
Recession-bruised states' revenue sank 30 percent in 2009, Census Bureau reports
Washington Post 01/05/2011
Cuomo Weighs More Than 10,000 Layoffs
Wall Street Journal 01/20/2011
Local Governments Keep on Paring Payrolls
Wall Street Journal 03/05/2011
Unrelenting Downturn Is Redrawing Americaâs Economic Map
New York Times 09/26/2011
According to Karl Case its basically flat in 2010 and quite fragile, with a lot of inventory out there. By 2012 the situation had not changed much, except for Washington D.C. with growth in employment, and a small spurt in 2011 in Phoenix from out of state and Canadian buyers. Prices in Las Vegas and other cities continued to decline and there were fears of more homes being released by banks from foreclosed properties in judicial states such as Florida.
Grouped Articles
Housing Rebound Grows as Prices Climb Sharply
Wall Street Journal 05/09/2013
The economic performance of cities: Following the sun
Economist 05/16/2013
Home Prices Rise, Producing a Buying Mood
New York Times 05/28/2013
Housing Recovery Increasingly Prices Out First-Time Buyers
Wall Street Journal 07/22/2013
Economic Casualties: 'Missing Households'
Wall Street Journal 07/22/2013
Home Prices Jump, but Headwinds Build
Wall Street Journal 07/31/2013
Grouped Articles
The Next First (and Only) 100 Days
New York Times 12/10/2011
Spanish Jobless Rate Has First Drop in Two Years
Wall Street Journal 07/25/2013
Spanish Job Market May Be Turning Around
Wall Street Journal 01/24/2014
Spain’s Unemployment Declines in 2014
Wall Street Journal 01/05/2015
In Spain, a Soaring Jobless Rate for Young Workers
New York Times 01/01/2010
Spain is simply shifting the problem
Wall Street Journal 05/14/2010
Grouped Articles
Stuck at Unemployed: When A Layoff Becomes a Lifestyle
Washington Post 06/06/2009
Labor Market Takes a Shot To the Gut
Wall Street Journal 06/05/2010
Mystery for the White House: Where did the Jobs Go?
New York Times 07/19/2010
California's Building Bust Choking Off Jobs
Wall Street Journal 07/29/2010
Job Crisis: Machines Over Manpower
BusinessWeek 07/29/2010
Wall Street Journal 08/06/2010
Grouped Articles
Immigrants Benefit as Economy Recovers
Wall Street Journal 10/30/10
Wealth gap widens between whites, minorities, report says - The Washington Post
Washington Post 07/26/11
Arrests of illegal migrants on U.S.-Mexico border plummet - The Washington Post
Washington Post 12/05/11
Obama Faces a Frustrated Hispanic Electorate
New York Times 06/10/12
Opinion | Jeff Flake: We Need Immigrants With Skills. But Working Hard Is a Skill.
The New York Times 08/18/17
In the face of rising deficits, and questions about the future solvency of Medicare and Social Security, there are questions about the Bush tax cuts which expire in December 2010 if not renewed. With high unemployment the consensus seems to be to leave the tax cuts in place for a limited period, and have serious conversation about taxes when a new presidential term begins. A Value added Tax has been suggested by Paul Volcker, similar to that in Europe.
Grouped Articles
The Wisdom and Folly of the Bush Tax Cuts
BusinessWeek 08/05/10
New York Times 08/21/10
Bush Tax Cuts: Now That's Rich
New York Times 08/22/10
Why the Rich Donât Need a Tax-Cut Extension
New York Times 09/25/10
Tax-Cut Vote Shows Democratic Divide
Wall Street Journal 12/03/10
New York Times 12/02/10
The Economist looks at the near term trends- unemployment not down as much in Britain in August and consumer spending holding up in Britain- as evidence a recovery is looming. And it cites the Suppy Managment Index up slightly in the US. Most other experts see a difficult situation in 2011 as the stimulus fades and local governments cut back- economists such as Stiglitz, Shiller, Krugman, Feldstein and others, and businessmen like Malone.
Grouped Articles
Brazil's north-east: Catching up in a hurry
Economist 05/21/11
Wall Street Journal 04/26/15
The world economy: The odd decouple
Economist 09/04/10
The U.S. Economy: Stuck in Neutral
BusinessWeek 10/14/10
BusinessWeek 10/14/10
America's economy: Not by monetary policy alone
Economist 10/28/10
Structural problems like a mismatch of skills between maufacturing and construction sectors worst hit since 2008 and growing sectors like healthcare is one problem. Geographic factors and difficulty selling homes in states like Michigan is another. The tighter credit from a return of banking sector losses from bad home equity loans that is expected in late 2010 will keep the recovery from taking hold keeping unemployment high. The economic uncertainty following repeated budget battles between political parties also affects business investment.
Grouped Articles
90 Million Americans Not Working
Wall Street Journal 10/23/13
Hiring Slowdown Blurs Growth View
Wall Street Journal 01/20/14
Confronting Old Problem May Require a New Deal
New York Times 01/28/14
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/14
New York Times 04/05/12
Hiring Is Strong and Jobless Rate Declines to 6.1%
New York Times 07/03/14
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