Money & The Economy
News on Finance, Money, markets and the economy
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What Ayanna Pressley Doesn’t Understand About Poverty
Elected in 2018, Congresswoman Ayanna Pressley has made a name for herself as one of Congress’s most progressive voices, alongside…
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What Is Bitcoin and What Makes it Special? An Economist Explains
Bitcoin and other cryptocurrencies are all the rage right now. Of course, the rise of non-government, decentralized, encrypted electronic currencies…
Read More » Sanders, Wyden Demand COVID Relief Punish Businesses That Don’t Pay $15 Per Hour
Sens. Bernie Sanders and Ron Wyden demanded a new amendment to Democrats’ coronavirus relief plan, which would punish big businesses…
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Biden Is Pushing His Robin Hood Government Income Transfer Too Far
In our Democracy (technically a Constitutional Republic), the government has essentially two roles: One is to provide public goods, and…
Read More » Costco Raises Minimum Wage To $16, But Won’t Advocate For All Businesses To Follow
Costco will raise its company-wide minimum wage to $16 per hour, a one-dollar increase that raises its wages higher than…
Read More »New Jobless Claims Decrease To 730,000
The number of Americans filing new unemployment claims decreased to 730,000 last week as the economy continued to suffer the…
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Is the Left Trying to Crash the Housing Market?
The housing market across the United States has been absolutely red-hot. In many states, home prices have risen significantly and…
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‘My Income Has Dropped To Zero’: About 45% Of Small Businesses Risk Closure Within Weeks
At least 13.9 million of the nation’s small businesses are at serious risk of shuttering their doors by April 1,…
Read More » Romney, Cotton Join Dems to Introduce Minimum Wage Raise Despite Small Business Woes
Utah Sen. Mitt Romney and Arkansas Sen. Tom Cotton introduced a plan Tuesday to increase the national minimum wage to…
Read More »Busler Single Rate Federal Income Tax Plan is an optimum solution
To determine what a plan to permanently fix the federal income tax code would look like, let’s first look at…
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Wharton Study Warns Biden’s Expensive ‘Stimulus’ Plan Will Hurt Economy in the Long Term
President Biden is hitting the road and traveling across the country to pitch his $1.9 trillion COVID-19 stimulus and relief…
Read More » Raising The Capital Gains Tax Rate Will Contribute To The Biden Stagflation
Recently economists have begun to worry about stagflation. That is a condition where the economy is not growing (stagnant) while…
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Why Not Make the Minimum Wage $150 Per Hour?
The periodic debate regarding raising the minimum wage has resurfaced once again, only this time the argument is connected to…
Read More » Economists Warn We Can’t Keep Ignoring the National Debt Forever
With COVID-19 ravaging the country and government pandemic lockdowns devastating our economy, the national debt has understandably slipped to the…
Read More »Nation’s Top Small Business Group Doubles Down In Minimum Wage Fight
The National Federation of Independent Businesses (NFIB), the leading advocate for small business in the U.S., is focusing its legislative…
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