The president made the case during his most recent State of the Union address that the way to prosperity was to raise the federal minimum wage to $9 an hour by 2015, from $7.25, where it has been since 2009. The rationale is that raising the minimum wage would help the middle class and businesses alike.
If that were the case, how do we explain the fact that since the federal minimum wage was instituted in 1938, it has been raised ...
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For the 26 million unemployed and underemployed Americans, this economy has got to be mind-blowing. On one hand, the Shadow Government Statistics’ “Alternate Unemployment Rate” remained at 23 percent in January, its highest level ever.
On the other hand, the Dow Jones Industrial Average just zoomed past 14,000, hitting record highs.
In addition, Dean Maki, chief U.S. economist at Barclays, is quoted as saying: “As a percentage of national income, corporate profits stood at 14.2 percent in the third quarter of 2012, ...
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Intuitively, the electric car makes all kinds of sense. It reduces our dependence on foreign oil, cuts pollution and reduces street noise. So why hasn’t America embraced the electric car?
For the answer, we have to go back more than 100 years when American visionaries saw promise in an electric vehicle.
According to About.com’s coverage of inventors, the first electric vehicle in the United States was invented in 1835 by Thomas Davenport, a blacksmith from Brandon, Vt. He built a ...
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Neal Asbury opened his nationally syndicated “Neal Asbury’s Made in America” show on Radio America (now on 44 stations) by wondering why in his State of the Union Address, President Obama failed to mention any initiative that would help the nation’s entrepreneurs — America’s job creators. It’s a repeating trend that Neal finds troubling. Returning to Made in America as a guest was David Harsanyi, of Human Events. He was previously Editorial Manager at ...
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As a small business owner, I knew it was coming. As a skeptic of any pronouncement by the White House relating to healthcare, I knew consumers and small businesses would get socked with higher rates. And as an employer that works with private health insurance providers, I knew they would be able to manipulate Obamacare to make even more money. It has all come to pass as I had feared.
Remember how private insurance companies were bemoaning that under Obamacare they ...
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