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  • A Mushrooming Number of Unpaid Internships

    The United States is experiencing tough economic times and high levels of unemployment, leading to a dramatic increase in the number of young people taking unpaid internships to advance their careers. Unfortunately, current laws say that many unpaid internships are actually illegal because these positions do not qualify for the … More

    Is America’s AAA Rating in Trouble?

    America’s current predicament is that it borrows money from countries or individuals to finance many of its expensive obligations, including financing the $862 billion stimulus bill as well as the wars in Iraq and Afghanistan. But what would happen if America had to pay higher interest rates on all future … More

    Lower Taxes Vs. Growing Entitlements - That is the Question

    The United States has set itself on a path of unsustainable debt levels with little political prospect to implement the policy mix that will turn this tide. What America needs is a government committed to generating real and sustainable economic growth and a real lowering of the fiscal deficits through … More

    Whether In A County or the Country, Higher Taxes Spell Trouble

    Raising taxes does not mean more overall revenue, recently seen in Montgomery County, Maryland, which has had a particularly bad fiscal year after a recent tax hike. The county, which is just across the northern border of the District of Columbia, saw many residents making over $1 million move out … More

    What Impact Did President Obama's Stimulus Really Have?

    It has been a little over one year since the stimulus package was passed through Congress in order to spur private consumption and to decrease high unemployment, and a recent article published in the Wall Street Journal by Harvard economist Robert Barro discusses the impact the stimulus has had on … More

    What the HIRE Act Giveth, the Rest of Obama Agenda Taketh Away

    The latest attempt by Congress to wrestle the high unemployment rate is the HIRE Act, which is little more than a tax holiday for companies who hire additional workers. Even if this Act works as intended and encourages businesses to hire more workers, which in and of itself is not … More