Since late last year, workers in Bangladesh have been beset by tragedy after tragedy. First there was a factory fire that killed over 100 garment workers in November. Then last month a garment complex collapsed, killing over 1,000 people. Now, as if to add insult to injury, the Obama Administration …
President Obama’s budget proposes raising the minimum wage to $9 an hour. This would hurt the very workers the President wants to help. When the price of something rises, people—both consumers and employers—purchase less of it. Americans responded to the higher cost of gas by driving less. Businesses similarly respond …
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 …
New Year’s Day was tough for taxpayers. Thirteen tax increases kicked in. The deal that Congress and President Obama struck that finally—but only partially—avoided the fiscal cliff resulted in seven tax increases. Those hikes combined with six tax increases from Obamacare that also began on New Year’s Day. 13 Tax …
The polling firm Rasmussen offers some interesting data on the work effort of government employees compared to private-sector workers. In five separate surveys this past year, Rasmussen asked a representative sample of American adults, “Who works harder?” The choices were government workers, private-sector employees, and “not sure.” The table below …
The November employment report appeared to be good news. The unemployment rate fell to 7.7 percent, the lowest level since 2009, and the economy created 146,000 jobs. However, a closer reading of the details shows that the labor market is not recovering any faster but instead continuing its long, painful …
