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wages

Real Unemployment Rate Is at Least 18 Percent

Peter Morici  Friday, the Labor Department is expected to report the economy added 235,000 jobs in July, and the unemployment rate remained steady at 6.1 percent, but that hardly tells the story. The jobless rate may be down from its recession peak of 10 percent, but much of this results from adults, discouraged by the […] Continue reading →

International advisor warns: Expect more companies to quit US

George Prior  Living standards, jobs and long-term economic growth are at risk because an increasing number of United States firms are likely to relocate overseas due to America’s current “uncompetitive and anti-business” corporation tax rate, warns the boss of one of the world’s largest independent financial advisory organizations. The prediction from Nigel Green, the founder […] Continue reading →

13 Quotes You Need To Read About Illegal Immigration

John Hawkins 1) “Could legalizing an estimated 11 million illegal aliens tip our precarious national finances into insolvency? Could be. Robert Rector, who works on such problems at the Heritage Foundation stated, “Granting amnesty or legal status to illegals will generate costs in Medicare and Social Security alone of $2.5 trillion above any taxes paid […] Continue reading →

Why the Tea Party Is Wrong about Immigration Reform

Michael Tanner  The Tea Party has performed many an invaluable service in American politics: First, by raising the alarm about the dangers of our growing national debt and out-of-control spending, and later by challenging the crony capitalists and big-government conservatives who have too long controlled the Republican Party. But recently, many Tea Partyers have added […] Continue reading →

The Progressive War on Hard Work Continues

Michael Schaus  The misguided attempt to increase the minimum wage can almost be passed off as institutionalized economic illiteracy. Many people, however, have argued that it’s more than simple ignorance that drives the Left to ignore fiscal sanity and push for a $15 per hour burger-flipping wage.  Well, if the latest attempt to institute mandated-minimum-pay […] Continue reading →

Obama’s Hope and Change Looks an Awful Lot Like 1979

Michael Schaus  It must be nice being an economist for a living. Much like meteorologists, university professors, and the Clintons, getting almost everything wrong doesn’t seem to impact job security. Remember when economists were forecasting 3 percent GDP growth for 2014? Well, that is pretty much already debunked, after the first quarter contracted by more […] Continue reading →

Seattle hikes minimum wage; will others follow?

 Seattle activists celebrated a successful campaign to gradually increase the city’s minimum wage to $15 by calling for a national movement to close the income and opportunity gaps between rich and poor. The Seattle City Council unanimously passed an ordinance Monday that would give the city the highest minimum wage in the nation. Socialist City […] Continue reading →

Benefits of government work

This article originally appeared on watchdog.org. MD Kittle  MADISON, Wis. — Liberals have spent the past two election cycles frothing at the mouth about “equal pay,” as Mitt Romney’s former deputy campaign manager Katie Packer Gage put it, trying to “paint Republicans as backward cavemen” on the issue as part of their so-called “War on Women.” But you […] Continue reading →

The Real Reason Big Labor Wants a Minimum Wage Hike

Fred Wszolek  President Obama used a recent weekly address to once again call for an increase in the minimum wage up to $10.10 per hour. The President urged Congress to pass legislation making this change, and praised similar minimum wage hike efforts underway in states and localities. He criticized some in Congress for standing in […] Continue reading →