When someone says “minimum wage,” what comes to mind? Do you think of teenagers flipping burgers? Or a single parent trying to feed several kids? While President Obama and other proponents of a higher minimum wage want you to visualize that single parent, the truth is that a burger-flipping teenager …
President Obama’s so-called Buffett Rule just won’t go away. It is back in its latest iteration because Senate Democrats proposed it to partially offset the soon-to-begin sequestration spending cuts. In the Senate Democrats’ version, the Buffett Rule, named after famed investor and vocal advocate for (and benefactor of) liberal policy …
The Obama Administration recently announced its intention to begin negotiations on an agreement to expand international trade in the services industry, such as the telecommunications, banking, and insurance sectors. According to a letter from U.S. Trade Representative Ron Kirk to Speaker of the House John Boehner (R–OH), the White House …
During last night’s State of the Union address, President Obama proposed fighting poverty by raising the minimum wage. It sounds appealing but it will not work. Labor economists have repeatedly studied the effects of minimum wage increases. They find no correlation between higher minimum wages and lower poverty. Raising the …
President Obama has allowed his jobs council to expire - even though “strengthening [the] economy” and “improving [the] job situation” continue to be top priorities for the American people, according to the Pew Research Center. This action fits with the President’s pattern of ignoring job-creating recommendations that don’t align with his views. …
As wages in China rise with economic growth, some companies are beginning to look elsewhere for what was once China’s selling point: cheap labor. It just highlights the power that free trade provides—growing economies and raising living standards. Consider that wages in China are five times greater than they were …
