More than 3.1 million workers across the nation received a late Christmas gift on Jan. 1, when minimum wages were increased in 21 states. Although the mandated wage hike was welcomed by many workers, they will soon find that their new pay raise will cause more harm than help.
Not only is Social Security in the worst shape it has ever been in, a recent Congressional Budget Office (CBO) report reveals the problem has grown significantly worse under the Obama administration.
Welfare policies intended to get people back on their feet are actually keeping them on the dole by reducing economic incentives to seek better-paying jobs or work more hours. Instead of the tired policy of being “generous” with other people’s money, pro-growth policies are the key to getting people back to work.
On January 5, Compact for America Education Foundation President & Executive Director Nick Dranias was a guest on Michigan’s Frank Beckmann show. Sitting in for Frank Beckmann and conducting the interview was M. L. Elrick. Dranias discussed his organization Compact for America and their plan to fix the national debt crisis.
November’s election was an overwhelming, historic rebuke of what President Barack Obama and his Democrats are doing – and how they’re doing it.
But if you think the newly-minted major Republican majorities should serve as a roadblock to the Democrat agenda – well, that’s yet another thing you don’t have in common with the Democrat Party.
In directing the Wireless bureau to make two substantial, Commission-level decisions today, without the full Commission vote that was requested by Commissioners Pai and O’Rielly, (concerning the release of the annual wireless competition report and regulating cellular data roaming rates), the FCC Chairman unnecessarily undermined the legitimacy of the FCC at a critical time the FCC needs all the actual and perceived legitimacy it can get.
A recent study of eminent domain takings and their associated state and local government tax revenues suggests buying grandma’s farmhouse to make room for a strip mall isn’t the automatic economic boon it’s claimed to be, leaving some wondering if the use of eminent domain as an economic booster is ethical.
Bipartisanship in Washington, D.C. has for the most part devolved into a pipe dream, a dirty word – or both.
A pipe dream because after decades of gerrymandering – partisanship is what you get. Gerrymandering is elected officials choosing voters rather than the other way round. Those already elected carve Congressional districts into bizarre shapes to – at the grainiest of micro-levels – decide which voters go where. You can’t create a plethora of 60+% partisan districts – and then act surprised when the resulting elected officials are partisan.
How could it be that according to a new Gallup polling, President Obama’s approval rating is at its highest in over a year! This is less than two months after the November mid-term election when President Obama and the Democratic Party suffered a shellacking by Republicans over policies that did not set well with many voters.
Isn’t Congress due the same deference from the FCC that the FCC expects from the courts?
Will the FCC defer to the new Congress for a reasonable period of time so it can pass consensus on net neutrality legislation?
Now that Republicans have control of Congress, they could possibly keep their promise to repeal ObamaCare—except for two immediate obstacles. One of course is the threat of the Presidential veto. Another is the already apparent willingness of craven politicians to surrender pre-emptively.
In my opinion, this book ranks among those written by Adam Smith, Frederick Bastiat, and Ludwig Von Mises. Understanding Contoski’s message will make a reader a more effective participant in the fight to fix our country’s flawed economic policies.
Competitive Enterprise Institute Associate Director of Technology Studies Ryan Radia joins The Heartland Institute’s Budget and Tax News managing editor Jesse Hathaway to talk about the Marketplace Fairness Act, a proposed “Internet sales tax” receiving heated debate during the recently concluded past session of Congress.
In 1811, British factory workers literally “fought the machine,” protesting against technology under the banner of mythical figurehead King Ludd. Upset about being replaced by more efficient machinery, cost-ineffective factory workers rebelled against the installation of threshing machines and other force-multipliers.
What could possibly go wrong with Google creating military-grade artificial intelligence (AI)?
Stephen Hawking, a world-leading scientist, warned on the BBC that “the development of full artificial intelligence could spell the end of the human race” in part because it involves “developing weapons we cannot even understand.
For decades, the quality of life of the incoming generation of Americans has built on and improved on that of the previous generation. According to new data released by the United States Census Bureau, however, that is not the case for the current incoming generation, the Millennials. They have government to blame for their rotten economic conditions.
The Balanced Budget Amendment at the heart of the Compact for a Balanced Budget contains no exceptions for war or natural disaster, but it remains the only practical solution to our runaway federal debt.