EconomyCommentary
6 Bleak Consequences From CBO’s Report on the $15 Minimum Wage
Rising incomes are a great thing, and it would be wonderful if all jobs paid at least $15 per hour. After all, that would reduce… Read More
EconomyCommentary
Rising incomes are a great thing, and it would be wonderful if all jobs paid at least $15 per hour. After all, that would reduce… Read More
EconomyCommentary
President Joe Biden has proposed a nationwide $15 minimum wage as part of his so-called “American Rescue Plan.” Talk about bad timing: Raising labor prices… Read More
EconomyCommentary
Congress is considering proposals for another coronavirus relief bill on top of the $4.1 trillion in aid already authorized. Politicians on both sides of the… Read More
EconomyCommentary
America’s most popular federal government program—Social Security—will be insolvent within 15 years, leaving older workers and retirees fearful of future benefit cuts. It will also… Read More
EconomyCommentary
With the long campaign season finally over, Congress is returning for several weeks of legislative sessions between now and Jan. 2. It’s rare for substantial… Read More
EconomyCommentary
The unemployment rate dropped more than expected in October, to 6.9%—from 7.9% in September—as 638,000 jobs were added or regained. Moreover, the number of people… Read More
EconomyCommentary
An additional 661,000 Americans found jobs in September, according to the Bureau of Labor Statistics’ monthly report, as the unemployment rate dipped to 7.9% from… Read More
EconomyCommentary
A 9-to-5 job reporting to a boss is not for everyone. For those of us who have young children at home, it can be difficult… Read More
EconomyCommentary
A new rule proposed by the Department of Labor could bring partial relief to businesses struggling to stay afloat amid the COVID-19 pandemic’s economic fallout…. Read More
EconomyCommentary
The Congressional Budget Office released an update to its federal budget projections—the first full update to include effects from COVID-19. While the federal government’s finances… Read More