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How minimum-wage increases kill both jobs and careers

James Pethokoukis of the American Enterprise Institute summarizes the findings of a new study on the drawbacks of increasing the minimum wage: A new NBER working paper from Jeffrey Clemens and Michael Wither of the University of California, San Diego, suggests that the 30% increase in the average effective minimum wage over the late 2000s “reduced the national […] Read More →

Jobs Report: Employers Tweaking Hiring Habits

Like New Year’s resolutions to eat less and exercise more, a pledge signed by 330 companies in January to ensure long-term jobless Americans aren’t subject to hiring biases hasn’t been easy to keep. Lockheed Martin Corp. (LMT) and Walgreen Co. (WAG) are among businesses trying to fulfill the promise by tweaking screening practices to ensure […] Read More →

Forget Orwell And Rand, We’ve Gone To Full On Plato

Thad Beversdorf | First Rebuttal  You see both Rand and Orwell were describing a world outside of themselves.  A world they couldn’t understand or accept.  And while those works are brilliant and incredibly prophetic, I expect that to understand a world borne of narcissistic sociopathy one must examine the construct of such a world by a narcissistic sociopath.  Fortunately Plato, perhaps the […] Read More →

Welfare State? Obama’s Executive Amnesty Will Give Illegal Aliens Public Benefits

Matthew Boyle, Illegal aliens who get President Barack Obama’s likely forthcoming executive amnesty will have immediate access to welfare and other public benefits, according to a new report from the Federation of American Immigration Reform (FAIR) exclusively provided to Breitbart News ahead of its public release shows. “Obama’s executive amnesty isn’t only unconstitutional but costly; from day […] Read More →

Slate’s Left-Handed Sleight-of-Hand

Arthur Schaper,   Following the 2014 GOP shellacking which expanded Republican numbers in the House and gained the US Senate, left-wing contrarian William Saletan for Slate went to work dumbing down repudiation of Obama’s economic policies. The title could not be more explicit (and misleading): Really? The basis for William Saletan’s argument? Republicans campaigned, effectively and […] Read More →

What the Economy Has Done to the Family

It could be a future diorama at New York’s Museum of Natural History: A human male and female who not only got married, but stayed married. Divorce among 50-somethings has doubled since 1990. One in five adults have never married, up from one in ten 30 years ago. In all, a majority of American adults […] Read More →

U.S. jobless rate falls to six-year low in September?

 U.S. employers stepped up hiring in September and the jobless rate fell to a six-year low, which could bolster bets on a Federal Reserve rate hike in mid-2015 or even earlier. Friday’s report on hiring is the most significant gauge of the economy’s health ahead of Nov. 4 congressional elections. While President Barack Obama’s message […] Read More →

Wacko Pelosi Predicts Obama Will Deliver A Holiday Surprise On Immigration

Lonely Conservative  At her weekly press conference Nancy Pelosi (D-CA) predicted that President Obama will deliver a holiday surprise for immigration advocates. “Since we met last, the President has made an announcement about deferring any action on immigration until later this year. I am confident, meeting with our caucuses in the House – our Tri-caucus: the […] Read More →

Thomas Sowell: Mob Rule Economics

 While we talk about democracy and equal rights, we seem increasingly to let both private and government decisions be determined by mob rule. There is nothing democratic about mob rule. It means that some people’s votes are to be overruled by other people’s disruptions, harassments and threats. The latest examples are the mobs in the […] Read More →

Obama Demands Minimum Wage While Denying Minimum Education

John Ransom There’s good news folks.  Obama finally has an employment policy that works. Apparently, if you cross the border from Mexico illegally, the chances of you finding and keeping a job rise considerably. At least in California. “Immigrants comprise more than one-third of California’s labor force (35%),” writes the California Immigrant Policy Center wrote […] Read More →

Political Corruption Slows Growth, Kills Jobs

Peter Morici,   This Friday the Labor Department is expected to report the economy added 230,000 jobs in August. The pace has picked up a bit but is still far less than needed to reemploy all the prime aged workers displaced in the wake of the financial crisis. The jobless rate is down to 6.1 percent […] Read More →