Economy
More Good News From the Oil Patch: Less Drilling, More Production
According to Russell Gold at the Wall Street Journal, the fracking boom “has already lasted longer than anyone would’ve imagined just a decade...
U.S. Tax Code Puts America 32nd Out of 34 Countries
Just as Washington is revving up to impose limits on "tax inversions" on corporations seeking tax havens in other countries, along comes this...
Read moreFederal Regulations Cost U.S. $2 Trillion Per Year, Study Shows
Federal regulations imposed on America have been costing the U.S. economy more than $2 trillion every year and growing, according to a new...
Read moreProof That $15 Minimum Wage Hurts Those It’s Claimed to Help
Minimum-wage laws have unintended consequences, including hurting the very people they're allegedly designed to help. ...
Read moreOppressive U.S. Tax Laws Driving Business to Flee America
Burger King’s decision to move its headquarters to Canada using what the political class refers to as the “inversion loophole” has sparked another...
Read moreMarket Basket Employees Return to Work; Unions Surprised
The employees' strike and customer boycott against the Market Basket supermarket chain was ended with the reinstatement of CEO Arthur T. Demoulas after...
Read moreMore Than 1/3 of Americans in Households Receiving Federal Welfare
More than a third of Americans were living in households that received benefits from one or more federally funded 'means-tested" programs — commonly...
Read moreFederal Reserve: We’ll Keep Suppressing Interest Rates
The Federal Reserve Bank will keep suppressing interest rates to near-zero rates for more than a year, according to Federal Open Market Committee...
Read moreMarket Basket Tells Workers: Return by Friday or You’re Done
Employees on strike from Market Basket over the firing of CEO Arthur T. Demoulas were given until Friday to return to work or...
Read moreMagnet Maker Fights Consumer Agency Over Regulatory Overreach
The maker of little Zen Magnets has decided to challenge the Consumer Product Safety Commission in a duel to the death. ...
Read moreJuly BLS Jobs Report: The Sound of One Hand Clapping?
Tread carefully when parsing the latest jobs report from the Bureau of Labor Statistics. The real picture is much different from the headlines....
Read moreTax Cuts of Kansas Already Improving the State’s Economy
The economy of Kansas is beginning to revive, thanks to tax cuts by Governor Sam Brownback. Now serious cuts in state spending are...
Read moreCrony Capitalists Rally for ExImBank Subsidies to Mega-Corporations
The rising opposition in Congress to renewal of the charter for the Export-Import Bank from Tea Party congressmen has spawned an all-out effort...
Read moreGas Prices Ease as U.S. Oil Production Soars
The law of supply and demand continues to confound the experts who predicted higher — and then even higher — gas prices. ...
Read moreStudy: All Jobs Growth Since 2000 Went to Immigrants
Last week was not good for supporters of immigration reform — with the release of two polls, the surrender by a leading proponent, and...
Read more