With over 15 million Americans out of work Congress is searching for ways to reduce unemployment. The latest idea, put forward by Sen. Jack Reed (D-RI) is “work sharing.” Under work-sharing, companies reduce the hours (and pay) of all their employees instead of laying off some workers and having the remaining employees work normal hours. The government then gives workers a pro-rata share of unemployment insurance payments to partially compensate them for their lost earnings from their lost hours. Work sharing seems like a simple solution to the unemployment problem. …
Today, we at The Heritage Foundation will honor Veterans Day by pausing to remember those who sacrifice in defense of freedom for our country. Heritage honors all who serve past and present in the United States Armed Forces, their families, and all military retirees and veterans. We solemnly remember those fallen men and women who gave the last full measure of devotion and will also not forget those who have yet to come home and remain missing in action. This national holiday warrants a diversion from discussing domestic priorities to …
