Today’s economy is driven by Washington in more than just determining the location of Maserati dealerships. We see the ramifications of current government policies in numerous obvious ways. Make full-time employment more expensive with required benefits, and suddenly there are more part-time jobs; provide ample benefits and low eligibility standards for defining disabled workers, and suddenly there are more long-term unemployed going on SSDI; keep interest rates at zero, and suddenly there are more elderly workers; end unemployment insurance, and suddenly you see people accepting jobs they were reluctant to take; and as we’ve seen at the state and local level, raise the minimum wage, and suddenly teens are struggling to find work.
Tagged: food prices
The London-based newsletter Oil & Energy Insider posted on their April 12 issue information about a new bill being considered in Congress to overturn some of the most damaging parts of the[…]
Considerable unrest is taking place in the world, in particular North Africa and the Middles East, and much of this is due to higher food prices making life hopeless for millions of[…]