For the past few years, we’ve been inundated with platitudes referring to the top one percent. Evict the one percent, pay their fair share, redistribute the wealth. Occupy Wall Street made some of these phrases quite popular, even when they didn’t really understand economics or the real state of affairs (the Federal Reserve System, for […]
Archives for December 2015
Illustration: Federal Reserve, Wall Street performing the Dance of the Dollar
It’s been known for a long time that the Federal Reserve has a very cozy relationship with Wall Street. The duo’s relationship often involves taking long walks on the beach, sitting in a cabin by the fire during a winter storm and listening to Kenny G albums *shivers*. InfoWars has a new cartoon out that […]
14 states to raise minimum wage in 2016
What a great way to start off 2016! The least educated, the least skilled, the least experienced and not to mention the youth, non-union workers and the immigrants will be most affected by these minimum wage hikes across 14 states. Let’s not forget the reduction of employment opportunities because of higher labor costs as well […]
Alberta Premier backtracking on $15 minimum wage pledge in 2018
But wasn’t a higher minimum wage great for an economy? That’s what we’re constantly told by many politicians and economists on the left. Alberta New Democratic Party Premier Rachel Notley announced this past summer that the oil-rich province’s minimum wage would be raised by a buck to $11.20 beginning Oct. 1. The NDP government then […]
An economic glimpse of what the Federal Reserve is looking at year end
Want to see what the Federal Reserve is taking a look at as we come to an end to 2015? The Federal Reserve Economic Data (FRED) figures below give a brief summary as to what the United States central bank is exactly analyzing to determine its next policy maneuvers. Note: These aren’t exactly the best […]