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    Obama to Impose Higher Minimum Wage for Federal Contractors

    President Obama’s unilateral move to give bigger paychecks to employees of federal contractors will drain more money from taxpayers without pressuring the government to cut spending, a Heritage Foundation economist predicts. The likely result will be “a transfer of wealth from taxpayers to the employees of government contractors,” James Sherk, … More

    Morning Bell: The Fiscal Cliff and Beyond

    In Washington, there is one issue on everyone’s minds: the “fiscal cliff.” With time running out before a massive tax hike strikes on January 1, and wide-ranging budget cuts scheduled to hit at the same time, the economy is bracing for another storm. Today, five public policy organizations including The … More

    Fact Checkers Get It Wrong on Jobs and China

    Who fact-checks the fact checkers? After the debate Monday night, CNN engaged in a fact-checking exercise. Many criticize these exercises for being more slanted and less accurate than what’s being fact-checked in the first place, and sure enough, this is what happened with China trade and jobs. CNN, for example, … More

    Public Citizen and EPI on Trade and Employment

    Reports from the Economic Policy Institute (EPI) are being misrepresented by leftist organizations like the AFL-CIO and the Alliance for American Manufacturing. The purpose of these misrepresentations? To create a false and misleading picture of the relationship between international trade and employment. Close examination reveals that trade deficits are not … More