By: Tyler Watts Demagogue politicians love to play on popular fears that low-wage foreigners are “stealing” good paying American jobs by way of outsourcing and globalization. The claim is made by protectionists of all political stripes, whether leftists complaining of a “rigged economy” or rightists speaking of other countries “beating us” economically. A sound economic analysis […]
Archives for March 2016
Chart: A look at U.S. median household incomes for ethnic groups
Is the United States a racist country? Are minorities victims? Are the various ethnic groups that enter the U.S. impecunious victims of discrimination? Are they being held back? If you ask the average person on the street many of them will answer “yes” to those questions. But the data suggest something completely different. Here is […]
5 random things for a Friday (gender pay gap, Walt Williams on free trade, GOP sabotage of Ron Paul in 2012)
News Story of the Day: Hillary Clinton is scheduled to attend a lunch fundraiser at the home of SolarCity CEO Lyndon Rive, the cousin of Elon Musk. SolarCity is a solar energy firm that makes solar panels and cells. It’s a billion-dollar company, whose biggest stakeholder is Musk himself. But what’s also interesting about SolarCity […]
Peter Schiff: Federal Reserve has transformed U.S. economy into a ‘roach motel’
One vehement critic of the Federal Reserve says this: the United States central bank will never raise interest rates. If they do then, well, another financial crisis will occur that will be worse than the 2008 economic collapse. Is this an unfounded doom and gloom scenario or is this sound economic reasoning? Whatever the case […]
Report: Obama administration prosecuting fewer federal government officials than Bush, Clinton
A new report suggests that the Obama administration is prosecuting a smaller number of federal officials accused of public corruption than the past two administrations. The reason for the decline in prosecutions is currently unknown, but it is certainly a troubling revelation. According to the Department of Justice’s (DOJ) 2014 congressional public integrity report, President […]