Shrinking opportunities for low-skill workers. I grew up in a family who had to stretch their money the best way they could. So I understand those in our nation who labor hard to pay their monthly bills. As our economy continues to struggle, the President and his congressional allies are proposing another hike in the federal minimum wage. ... MORE
Showing posts with label jobs. Show all posts
Showing posts with label jobs. Show all posts
John Stossel: Budget Baloney
Regurgitating hope and change. This week, President Barack Obama proposed "a budget that will create new jobs in manufacturing and energy and innovation and infrastructure, and we'll pay for every dime of it by cutting unnecessary spending, closing wasteful tax loopholes!" What? I must have fallen asleep and woken up in 2008. That could ... MORE
Sabotaging The Ladder Of Economic Opportunity
by Daniel J. Mitchell. Minimum wage, maximum folly. If I banged my head against the wall every time politicians advocated
bad policy in Washington – which is a tempting impulse, I would have
been institutionalized because of brain damage a long time ago. But it’s difficult to maintain my self control when I think about minimum ... MORE
Heritage Foundation: Facts About The Minimum Wage
It reduces opportunities to gain experience. Studies find raising the minimum wage does not reduce poverty. It is a completely ineffective anti-poverty policy. The primary value of minimum-wage jobs is that they are learning jobs. They teach inexperienced employees basic employment skills that make them more productive and enable ... MORE
11 Facts About Minimum Wage Obama Forgot To Mention
Raising the hiring cost of teenagers. During his annual State of the Union address before Congress,
President Barack Obama made a big deal about the need to increase the
federal minimum wage to $10.10 an hour. The move followed months of
promises and rhetoric from the White House about how important it was to
the economy to increase ... MORE
Christopher Chantrill: What Is Going On With Jobs?
Unemployment rate depends on job seekers giving up. Everyone agrees that the employment report last Friday was very bad. Unemployment went down to 6.7 percent, but that was because the Household Survey showed that 347,000 people left the labor force in December while only 144,000 found jobs. In a healthy growing ... MORE
Walter E Williams: Politics And Minimum Wage
Why minimum wage is a maximum folly. There's little debate among academic economists about the effect of minimum wages. University of California, Irvine economist David Neumark has examined more than 100 major academic studies on the minimum wage. He reports that 85 percent of the studies "find a negative employment ... MORE
Make 2014 The Year Of Freedom For Low-Wage Workers
Sheldon Richman on licensing. The federal budget deficit was big in 2013, but not as big as the freedom deficit. We should all resolve to make 2014 the year that we secure our freedom from government, the biggest threat we face. We can start with freedom for low-wage workers. Hundreds of occupations are closed shut unless one has a
license. To get ... MORE
America's First Marijuana Stores Open In Colorado
Rocky Mountain high gets a new meaning. America's first retail stores selling marijuana open for business in
Colorado on Wednesday, putting the western state in the vanguard of the
country's evolving attitudes on legalizing the drug. Officials in the state famous for its ski resorts and breathtaking
mountain vistas have issued 348 retail ... MORE
Famous Faces Of A Growing Tax War Between The States
by Rex Sinquefield. The year 2013 may go down in history as pivotal in the battle between the states to attract businesses and high-income earners because of local tax advantages. Five news stories highlight the shift that is occurring across the nation as taxpayers and legislators recognize that tax policy matters in the lives of every ... MORE
Only The Private Sector Stimulates Job Growth
by Chriss Street. The mainstream media were shocked today when U.S. job growth continued at a very strong pace in November, despite the October government shutdown that ended on October 17th. Employers added 203,000 jobs and the reported unemployment rate fell from 7.3% to 7%, its lowest level since November 2008. Economists had ... MORE
Labels:
economics,
Federal Reserve,
government,
growth,
jobs,
politics,
private sector,
unemployment
NY Times On Minimum Wage - A Regression In Reasoning
by Mark J. Perry. Here are two different New York Times editorials on the minimum wage, with very different policy conclusions: 1. From 1987, “The Right Minimum Wage: $0.00“: Raising the minimum wage by a substantial amount would price working poor people out of the job market.
A far better way to help them would be to subsidize ... MORE
Thomas Sowell: Destroying Household Jobs
Government, the foremost producer of idle hands. Despite evidence from around the world that minimum wage laws can price low-skilled workers out of jobs, the U.S. Department of Labor is planning to extend minimum wage coverage to domestic workers, such as maids or those who drop in from time to time to do a few household ... MORE
Tom Leonard: New Gold Rush Proves Anti-Frackers Wrong
The best economic news in decades. As he takes me on a tour of his buzzing little town, mayor Brent Sanford points out the acres of development that have already happened — the giant grocery store, the smart restaurant, the school extension and the endless housing developments. And he tells me what’s still to come — a smart ... MORE
Labels:
drilling,
energy,
fracking,
gas,
growth,
jobs,
natural gas,
oil,
production,
prosperity,
wealth
Jay Ambrose: Why The Minimum Wage Doesn't Make Sense
We don't need barriers to employment. Impersonality or treating others as mere functions cheats us all, and so I engage in give-and-take with clerks, asking them about their lives, how they like their jobs, anything that doesn't seem to be overreaching. And I learn, as I have repeatedly learned talking to clerks at Walmart. One of them, ... MORE
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