EconomyNews
Social Security Benefits and Cost of Living: Protecting Against Inflation
Adopting the chained CPI (Consumer Price Index) in Social Security to more accurately account for changes in the cost of living is a small first… Read More
Raising the Minimum Wage to $9 Would Harm Most Vulnerable Job Seekers
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… Read More
Cloakroom: Battle of the Budgets, Round 1
House Cloakroom: March 11 – March 15 Analysis: This week House Budget Chairman Paul Ryan (R-WI) will release his 2014 budget resolution for markup in… Read More
Morning Bell: Busting 5 Myths About the Minimum Wage
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?… Read More
EconomyNews
Minimum Wage Benefits Suburban Teenagers, Not Single Parents
President Obama argued in his State of the Union address that “no one who works full-time should have to live in poverty.” That is a… Read More
EconomyNews
A Simple and Wrong Answer to Poverty: Increasing the Minimum Wage
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… Read More
Government Makes It More Difficult for First-Time Job Seekers
Last week, the U.S. Department of Labor released its Employment and Unemployment Among Youth—Summer 2012 report. While many youths (ages 16-24) found a summer job… Read More
Raising the Minimum Wage Hurts Low-Income Workers
Should we raise the minimum wage? The editors at Bloomberg think so. They maintain that low-wage jobs are expanding and that a minimum wage hike… Read More
Harvard Students Channel ‘Occupy’ Movement, Protest Economics Class
Protests that began on Wall Street and spread to cities across America have now reached the pristine halls of Harvard. That’s right, the country’s oldest… Read More
Top 10 Reads: Sept. 28, 2011
Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. Sorting out the Postal Service’s… Read More
Liberals Laud Alan Krueger’s Fatally Flawed Minimum Wage Study
Alan Krueger, President Obama’s nominee as chair of the White House Council on Economic Advisors, received accolades from liberals yesterday for his stances on a… Read More
Pennsylvania Considers Changes to Profligate Prevailing Wage Laws
State governments across the nation are looking for ways to tighten their belts in the face of declining tax revenues and growing budget shortfalls. In… Read More
Minimum Wage Reality in America
Economist Walter Williams knows that minimum wage laws are hurting poor, African-American teenagers and his new book, “Race and Economics: How Much Can Be Blamed… Read More
What Newton Can Remind Us about Good Intentions
When studying Isaac Newton’s laws of motion in high school, we all learn that every action has a reaction. I was recently reminded of that… Read More
Econ 101: The Minimum Wage Kills Jobs
Last week, George Mason University economics professor Daniel Klein wrote a Wall Street Journal op-ed summarizing an study he did for Econ Journal Watch: “Who… Read More
What Raising Minimum Wages Has Meant for Two American Island Territories
Liberals, and especially unions, frequently claim that raising the minimum wage helps workers and the economy. They contend that if people earn more money through… Read 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… Read More
Guest Blogger: Congressman Pete Olson (R-TX) on the Increase in Minimum Wage
Today, another burden is being placed on America’s small businesses. Effective on this date is the third installment of the increase of the minimum wage… Read More
Morning Bell: More Job-Killing Regulations Approved by President Obama
According to the United States Department of Labor, the nation’s unemployment rate has already risen to 9.5%. The Obama administration is predicting that the nation’s… Read More
Rising Minimum Wages Cut Employment and Opportunity
On Friday, the federal minimum wage will increase from $6.55 to $7.25, an increase of almost 10.6%. This increase is the final installment of the… Read More
Minimum Wage Kills Summer Jobs
News 14 Carolina reports: ALBEMARLE, N.C. — Minimum wage is set to rise in North Carolina next month but the effects are already being felt… Read More
A Few Ways to Kill Economic Growth
It appears more and more likely with each passing day that we’ll wind up with an Obama administration. If Obama is elected, we will face… Read More
