Posts Tagged 'economics'

HomeTag: economics

Time to Rearrange the Pieces of the Immigration Puzzle

Time to Rearrange the Pieces of the Immigration Puzzle

I don’t think any sane person would disagree that the U.S. immigration policy is in complete shambles. But like clockwork, every 20 years or so, Congress wakes up to discover that the nation is flooded with undocumented workers. Inevitably, the solution in the past was to grant amnesty, even if it wasn’t called that.

Today, the president calls for immigration reform, but what he really is advocating is amnesty for the 11 million undocumented workers in this country who are largely ...

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Made in America Panel Urges Veto of Interstate Sales Taxes for Internet Retailers

Made in America Panel Urges Veto of Interstate Sales Taxes for Internet Retailers

Neal Asbury opened his nationally syndicated “Neal Asbury’s Made in America” show on Radio America (now on 44 stations) by making reference to the nation’s bipolar economy where the DOW is soaring while there are no jobs. Meanwhile, the nation added another $1 trillion in taxes.

Co-host Dr. Rich Roffman concurred, adding that there are 47 million Americans on food stamps and 89 million can’t find jobs.  What’s more, government spending has continued to increase—adding perhaps an additional 62 percent over ...

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18
MAR
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Categories: Press Releases

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Raising the Minimum Wage Brings Minimum Benefits

Raising the Minimum Wage Brings Minimum Benefits

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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15
MAR
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Our Bipolar Economy

Our Bipolar Economy

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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8
MAR
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Wasting Away in Washingtonville

Wasting Away in Washingtonville

As an entrepreneur and business owner, I run my business based on a basic guiding principle: Return on investment (ROI). In other words, for every dollar I spend, what do I hope to get in return? Every successful organization uses this as a yardstick for profitability — except one: the federal government.

Total federal debt in 2012 surpassed $16 trillion, while federal spending reached $3.6 trillion, or 22.9 percent of a share of the overall economy. This equates to $10 billion ...

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