Economics

Open Borders? The EU Has Hundreds of Miles of Walls 0
- Economics
- August 19, 2019
If you voted for Donald Trump on the basis of a three-word, three-syllable chant, it was probably “we will win,” “lock her up,” or “build the wall.” Regarding the latter, proponents of less immigration have reason to be frustrated. Prior to the midterm elections, the Republican-held presidency, Senate, and House barely moved an inch on
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New Study Defending NYC’s Minimum Wage Law Is Fake News 0
- Economics
- August 14, 2019
Last week Business Insider published an article with the eye-opening title “NYC’s $15 minimum wage hasn’t brought the restaurant apocalypse — it’s helped them thrive.” Given the political momentum for the “Fight for 15” movement, culminating in the House voting in favor of a $15 national minimum wage last month, the article made for perfect social
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The Post Office Is on Pace for Its Worst Year Since 2012 Default 0
- Economics
- August 13, 2019
The United States Postal Service on Friday reported total revenue of just over $17 billion for the third quarter of fiscal year 2019. Total operating expenses came in at $19.3 billion. Excessive Losses The net loss of nearly $2.3 billion comes on the heels of an already bleak fiscal year that saw a combined loss
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No, Tariffs Won’t Ruin Christmas 0
- Economics
- August 6, 2019
President Trump says he will impose a 10 percent tariff on $300 billion worth of Chinese imports beginning September 1. The tariff would affect consumer goods primarily, according to an analysis by Goldman Sachs. Cue the histrionics. The Washington Post laments that these tariffs will ruin America’s “holiday” shopping season. The Post cites a study claiming that the price
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Is Pete Buttigieg Right That Opposing a $15 Minimum Wage ‘Taunts’ God?0
- Economics
- August 1, 2019
Are those who oppose raising the minimum wage to $15 an hour transgressing the Scripture and mocking the Lord God Almighty? One might get that impression from watching Tuesday night’s Democratic presidential debate, when one of the participants explicitly made that argument. The allegation came when South Bend Mayor Pete Buttigieg offered his exegesis of Proverbs 14:31. “[T]he
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$15 Minimum Wage Constricts Hours Worked, as Bernie Sanders Shows 0
- Economics
- July 29, 2019
Seventy-two percent of economists oppose a high $15 minimum wage, because it would wipe out too many jobs and result in employers restricting employees’ work hours too much. Sen. Bernie Sanders, who supports a $15 minimum wage, recently announced he would cut his staffers’ hours in order to afford paying them a $15 minimum wage. Increasing the minimum
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