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The Unintended Consequences of Higher Wages for Fast Food Workers
The Service Employees International Union (SEIU) is engaged in a major campaign to increase membership by unionizing the employees of “fast food” restaurants. As part of this effort, it is providing staff, training, and funding for activists who are promoting an increase of the Federal Minimum Wage by either 50% or 100%. This increase would…
10 Steps to Fix the US Budget
1. Liquidate Unused Property The Federal Government owns more than 77,000 buildings which are currently not being used. Some of them have even been condemned. These properties should be sold at auction or simply bulldozed if they are unsuitable for sale. Basic upkeep on these buildings is costing US taxpayers. Annual Savings to the US…
Are Illegal Immigrants Hurting the US Economy? 3 Facts that may Surprise You
Jobs and Wages It is often said immigrants take US jobs away from US citizens and that their inexpensive labor suppresses wages. In actuality, the opposite is true. Economists have found that immigration does not lead to a sizeable decrease in wages, and may actually increase wages and lower prices in the aggregate. The reason…
Welcome to Part-Time America!
The US government works very hard… at making themselves look good. One of the ways they do this is to represent truly horrifying data in the best possible light. The number which seems to be manipulated more than any other number is the “official” unemployment rate — the headline rate which the government touts in…
Understanding the Unemployment Numbers
Once a month the Bureau of Labor Statistics (BLS) publishes a report on the state of unemployment in the United States. The major news organizations scan through the report highlights looking for “the unemployment rate” so that they can announce it to their loyal audiences. The number which the BLS promotes as “official” unemployment rate…
10 Reasons To Wait To Go To College
Last year I graduated from the University of Connecticut with honors, two majors, and list of accolades. I performed well in college and I believe a significant reason was that I did not enroll until I was 24 years old. While everyone is an individual, waiting to go to college is for many young people…

