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Archives for Economy - Fresh Ink

The new minimum wage: Government as provider

Fast-food workers are staging protests for a minimum wage of $15. An Associated Press article quoted a woman who was forced to move herself and her two daughters into an apartment with two other adults when her hours at McDonald's were cut from 40 a ...

Recovery's reality check

Five years into his hope-there's-change recovery plan, President Obama says "the decisions we made -- not only to rescue our economy but to start rebuilding it on a firmer foundation -- those decisions are starting to pay off." Yet for all his claims ...

Attacking McDonald's attacks the American dream

KEYSERS RIDGE, Md. -- Atop a sweeping promontory named for a Baltimore and Ohio Railroad executive, a McDonald's restaurant is one of two places to rest and grab a bite in this mountainous rural interchange. The other place is a truck stop across the ...

Minimum wage hike could have consequences

Snyder signed the legislation last week to raise the state's minimum wage by 25 percent gradually over the next four years, with the goal of reaching $9.25 an hour. Reports out of Lansing say Republicans -- who control the state government -- made th ...

Senseless in Seattle: Fantasy economics

By upping the minimum wage to a ridiculous $15 an hour, Seattle City Council has virtually guaranteed a losing hand for an untold number of workers. Sharply higher than Washington state's $9.32, Seattle's new hourly minimum was promised by the mayor, ...

Minimum wage, maximum damage

Do you like self-service kiosks? Enjoy speaking to automated voice systems? Rather interact with a touchscreen instead of a friendly face? If so, call your elected representatives today and urge them to increase the nation's minimum wage from $7.25 t ...

Raise the minimum wage, retard the jobs recovery

The Keystone Research Center, that reliably liberal (and, thus, reliably misleading) mouthpiece for organized labor and the social justice crowd, is out with its latest entreaty to raise the minimum wage. And as per usual, its "analysis" suffers from ...

How ethanol boosts the price of your hamburger

Checked the price of hamburger at the grocery store lately? Whoa! Beef prices have been soaring, along with the cost of dairy, fruits and vegetables. Drought in California and elsewhere accounts for some of the rise. Strong demand for U.S. food from ...

Free Enterprise Struggles to Thrive

So now business has two phantoms to fight. One is climate change, of course, the notion that we're killing the environment by the carefree way we burn fuel. The other is the "widening income gap." Heartless old capitalism keeps letting the rich scamp ...

Jobs crisis: U.S. economy continues to underperform

February's job creation figures released by the Bureau of Labor Statistics Friday underline the continuing pathetic state of the American job market. New jobs for the month numbered a middling 175,000, but the three-month average including January an ...


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