West Virginia Ends Union Rule – Chooses Right to Work

The West Virginia Senate passed a measure Thursday to outlaw mandatory union dues and fees as a condition of employment. The Senate approved the bill with a 17 to 16 vote before sending it to the House of Delegates. The measure was introduced Jan. 13 on the first day of the 60-day legislative session. The policy has been a Republican priority since the party secured the legislature in November 2014. It is more commonly known as right-to-work. “I believe this is a critical first step toward Read more […]

Shocking Surprise: Minimum Wage Hikes Increase Unemployment

I know this will come as a real shock to our regular readers, but it turns out that increasing minimum wage doesn’t actually help the poor very much. It just increases the workload on fewer employees. In other words, it stimulates unemployment: The study published by the National Bureau of Economic Research found that minimum wage increases reduced employment opportunities for low-skilled workers by nearly 6 points during the Great Recession. “This period’s full set of minimum wage increases Read more […]

Bernie Sanders and the Economic Illiteracy of the Left

The day after Christmas Senator Bernie Sanders (I-VT or D-VT) tweeted what was likely the most economically illiterate tweet of the presidential campaign. In it, Sanders wondered at the idea that some folks were paying 6, 8 or even 10% on their student loan debt but those same people could refinance their homes at 3%. The presidential candidate was astounded. You have families out there paying 6, 8, 10 percent on student debt but you can refinance your homes at 3 percent. What sense is that?— Read more […]

If You’re Pro-Bernie Sanders, Please Read This, Pt. 1

“Socialism states that you owe me something simply because I exist. Capitalism, by contrast, results in a sort of reality-forced altruism: I may not want to help you, I may dislike you, but if I don’t give you a product or service you want, I will starve. Voluntary exchange is more moral than forced redistribution.” – Ben Shapiro I understand the appeal of Bernie Sanders. I certainly do. I myself am a free-market capitalist because I believe it’s simply the best means by which we can achieve greatness Read more […]

Check Out the GOP Candidates Tax Plans

Republican 2016 hopefuls have been unveiling tax plans promising deep cuts and drastic changes to current policies. Ahead of Tuesday night’s fourth GOP presidential debate, here’s a look at the top contenders’ economic proposals. Donald Trump The outspoken real-estate mogul’s tax plan calls for four tax brackets: 0 percent, 10 percent, 20 percent and 25 percent. Individuals making under $25,ooo and families making under $50,000 would pay no income tax. The billionaire would lower Read more […]

New Report: Muslim Refugee Crisis will Last 20 Years and Crush Europe’s Economy!

The Syrian refugee crisis is expected to last two decades and put strong strains on the European economy, according to a British interpretation of a new report from the European Union. Justine Greening, the minister in charge of Britain’s international response, said the influx will put “considerable strains” on countries and result in “political and social tensions,” as quoted by The Daily Telegraph. The magnitude of the crisis has reached a point where it will take 20 years to Read more […]

The Myth That We Live in a Free Market, and How the Left Uses it to Their Benefit

“The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.” – Milton Friedman Perhaps the most significant and deeply complex political issue that’s never addressed–or even fully understood by those on the left or the right–is crony capitalism. I know what you’re thinking. It was just last week that Carly Fiorina and other Republican candidates were bemoaning cronyism! I’m fully Read more […]

The Federal Reserve Plans to Raise Interest Rates… Maybe

Federal Reserve Chair Janet Yellen said Wednesday it’s a “live possibility” the Fed will raise interest rates for the first time since the 2008 financial crisis. While Yellen said “no decision has been made,” she made it clear the option is on the table during a House Financial Services Committee hearing Wednesday, reported Fox Business. The Federal Open Market Committee is scheduled to meet Dec. 15-16 to discuss whether the economy is stable enough to handle higher interest rates. The Read more […]

Bill Gates Apparently Doesn’t Understand How the Private Sector Works

Given the amount of money Bill Gates has made, one would think he already understood how the private sector works. But his recent comments concerning green energy research and the public and private sector makes me think he has no idea what he’s talking about: Yes, the government will be somewhat inept… But the private sector is in general inept. How many companies do venture capitalists invest in that go poorly? By far most of them. Yes. Precisely. It is absolutely necessary for companies Read more […]

$15 Minimum Wage Wreaking Havoc on NY School Budgets

A proposal to enact a $15 minimum wage in New York could cost state school districts $276 Million, according to a report released Friday. The findings were released by the New York State Association of School Business Officials. The report found the minimum wage proposal would cost school districts at least $276 million, according the Associated Press. The increased costs would be a result of 30,000 school employees getting higher wages. The increased costs will have a profound financial impact Read more […]

Group Advocating $15/hr Minimum Wage only Pays $12/hr!

An advocacy group out of Modesto, Calif. pushing for a $15 an hour minimum wage posted a job ad Thursday offering to pay $12 an hour. Below what it is demanding others pay their workers. The Craigslist post was for a job opening at the local Fight for $15 campaign. On the national level, the organization has spearheaded the push to raise the minimum wage to $15 an hour. The post was signed by Steven Applebaum who lists his affiliation with the Modesto Fight for $15 campaign. “Do you make Read more […]

How ‘Feeling the Bern’ Will Lead Us to Total Economic Collapse

“The problem with socialism is that you eventually run out of other peoples’ money.” – Margaret Thatcher As economist Milton Friedman famously said, there’s no free lunch. What he meant was that money doesn’t simply materialize from the ether, rather, it comes from a source. What you get for free is being paid for by someone, and that someone is often you–you just don’t know it. Nothing is free. Not a thing. So it astounds me to see tens of thousands of people who, for all intents and purposes Read more […]