by Thomas Sherrer. Minimum wage kicks low-skill workers to the curb. Wildfires aren’t the only things spreading rapidly in this California drought; the desire to increase minimum wages along the West Coast apparently burns equally as hot. California’s minimum wage recently increased to $9 an hour giving Golden State workers the fourth ... MORE
Showing posts with label opportunity. Show all posts
Showing posts with label opportunity. Show all posts
An Act To Reduce Opportunity For The Most Vulnerable
by Thomas Sherrer. Minimum wage kicks low-skill workers to the curb. Wildfires aren’t the only things spreading rapidly in this California drought; the desire to increase minimum wages along the West Coast apparently burns equally as hot. California’s minimum wage recently increased to $9 an hour giving Golden State workers the fourth ... MOREKeep Them Down, Keep Them Dependent
How to prevent the young and poor from succeeding. Let’s face it. I’m not that young anymore. I’m also not poor anymore, and I live a comfortable middle-class American life. Most older, better off middle-classers like me got where we are through the dynamic market process. The trouble is, now that we’re doing pretty well, that same ... MORESilicon Valley Techies ‘Like’ Senator Rand Paul
by Mark Kelly. Attracted by the ideas of freedom and innovation. There’s a new app in Silicon Valley — conservatarianism. It’s the app that conservative Senator Rand Paul is pushing. He wants to join forces with local techies. But how can technology and liberty flourish side by side? Paul’s answer, “shrink government.” “Is government inherently ... MOREKatie Kieffer: Socialism Punked You, Millennials
A window of opportunity arises. “Here’s your drink, darling,” the bartender said with a smile. He seemed upbeat as he made drinks and greeted customers. “Do you like your job?” I asked him. “I hate it,” he confessed. “Honestly, I hate my job.” I keep running into young people who put on a show of being happy with their lives but, when ... MORE
Walter E Williams: A Lesson On Racial Discrimination
Open markets destroy racism. Donald Sterling, Los Angeles Clippers owner, was recorded by his mistress making some crude racist remarks. Since then, Sterling's racist comments have dominated the news, from talk radio to late-night shows. A few politicians have weighed in, with President Barack Obama congratulating the NBA for its ... MOREThomas Sowell: The 'Fairness' Fraud
It seems as if, everywhere you turn these days, there are studies claiming to show that America has lost its upward mobility for people born in the lower socioeconomic levels. But there is a sharp difference between upward "mobility," defined as an ... MORE
Thomas Sowell: Republicans To The Rescue?
Maybe national Republicans should stand for something. Some supporters of President Obama may be worried about how he and the Democrats are going to fare politically, as the problems of ObamaCare continue to escalate, and it looks like the Republicans have a chance to win a majority in the Senate. But Democrats may not need to ... MOREHow Legal Pot Could Be The Next Great American Industry
The new gold rush. As legalized marijuana sales take off in Colorado, here's what a pot business model and mature marketplace might look like. Twenty states and the District of Columbia allow medical marijuana—and
New York Gov. Andrew Cuomo announced a medical marijuana plan in his
State of the State speech last week. ... MORERaising Minimum Wage A Disaster For Minorities
by Mark J. Perry. Probably the most vulnerable, at-risk group in the labor market would have to be black male teenagers, judging by the 44.3% jobless rate for that group in November. In contrast, the jobless rate for white male teens in November was less than half the rate of their black counterparts (19.8%); for male Hispanic teens the jobless ... MOREJess Remington: Ex-DEA Agent Joins Marijuana Industry
Coming over from the dark side. Patrick Moen, a 36-year-old from Portland, Oregon, recently made a dramatic career shift. Tired of leading a team of Portland-based DEA agents in arresting drug traffickers, he has joined a firm in Seattle, Washington that invests in budding marijuana businesses. "The potential social and financial ... MOREDoug Altner: Why 1.4 Million Americans Work At Wal-Mart
With many more trying to. Observe any hiring center for a new Walmart and you will see thousands of individuals eager to become a Walmart associate. Many already have jobs at fast food restaurants, supermarkets, or other retail stores. LaShawn Ross, 29, worked for McDonald’s and Winn-Dixie before taking a job at a brand new ... MOREFree Speech Is So Annoying To Elected Officials
by A. Barton Hinkle. “There’s just way too much money in politics,” said a candidate for governor earlier this month. Since the candidate was Terry McAuliffe, a political fundraiser of Brobdingnagian proportions, the remark could go down as the funniest line from this year’s contest. McAuliffe had just been asked if he would ... MOREHolder And FBI Admit Lying To Promote Obama Reelection
Thomas Lifson on seemingly fixed nature of politicians. In their efforts to promote the re-election of Barack Obama, our nation's premier law enforcement agencies presented false data to the American public about a "crackdown" on mortgage fraud. Fox News reports: The Justice Department and FBI have quietly acknowledged they ... MOREThe Forgotten Man Of The Minimum Wage Debate
by Doug Altner. President Obama has renewed his call for Congress to raise the minimum wage to at least $9 per hour. Advocates claim that raising the minimum wage helps low-wage workers. Opponents point out that if Congress makes it illegal to hire an employee for less than $9 per hour, there will be fewer job opportunities for those who lack ... MORE
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