Economics

Occupational Licensing Harms Poor, Doesn’t Help Consumers: Report

Occupational licensure does little to enhance consumer safety but much to prevent those at the lowest rung of the economic ladder from improving...

Michael Tennant February 23, 2020

One Trillion Dollars Repatriated So Far, Reports Commerce Department

Bob Adelmann December 27, 2019

According to the U.S. Department of Commerce American companies have repatriated more than a trillion dollars of their overseas profits since Trump’s “tax holiday” was...

New York Times Claims FedEx Paid Zero Taxes in 2018; FedEx Founder Wants Debate

Bob Adelmann November 18, 2019

After the New York Times criticized FedEx for allegedly not paying any taxes in 2018, FedEx founder Fred Smith challenged the Times’ management...

Latino-owned Businesses Prospering Under Trump Economic Policies

Warren Mass October 24, 2019

Several recent news reports have noted that Latino-owned small businesses have been thriving under the economic policies implemented by the Trump administration. ...

Millennials Projected to Change Spending Habits, Impact Economy

Warren Mass October 16, 2019

As Millennials spend less on inexpensive items and spend their savings on things such as cars and houses over the next decade, this...

Reality Check for CNN: Target’s Wage Increase Being Offset by Fewer Hours

Bob Adelmann October 15, 2019

Two years ago, CNN was delighted that Target was going to increase employee wages. On Monday, CNN revealed that the wage increase was...

Blue-collar Employment Thriving Under Trump — Hits 50-year High

Warren Mass October 14, 2019

Employment levels in blue-collar jobs have been growing at their fastest rate in more than 30 years, with most of the growth taking...

$15 Minimum Wage Takes a Bite Out of Big Apple’s Restaurants

Michael Tennant October 1, 2019

New York City’s restaurants are cutting staff and hours or even closing outright as a result of the increase in the city’s minimum...

NPR Shops at Walmart to Learn Cost of Trump’s Tariffs, Gets Big Surprise

Bob Adelmann September 17, 2019

NPR expected to show that Trump’s tariffs were costing consumers hundreds if not thousands of dollars. Imagine their surprise when they learned they...

Business Roundtable’s New Purpose Statement Echoes Elizabeth Warren’s “Accountable Capitalism” Bill

Bob Adelmann August 20, 2019

The Business Roundtable’s new “statement on the purpose of a corporation” puts stockholder interests last, behind the interests of customers, employees, suppliers, and...

U.S. Government Will Borrow Nearly $1 Trillion This Year

Warren Mass July 30, 2019

The Treasury Department announced on July 29 that the federal government is scheduled to borrow nearly $1 trillion this fiscal year, the greatest...

CBO Counts Cost of Raising Minimum Wage to $15

Bob Adelmann July 9, 2019

Just a week before the Democrat-controlled House of Representatives is due to vote on its Raise the Wage Act, the non-partisan Congressional Budget...