Across the United States, governments are imposing a $15 minimum wage as part of the Fight for $15 initiative. This means that a burger flipper will be earning $15 per hour. In an effort to push back against the minimum wage, automation is being accelerated and businesses nationwide, and even around the world, are embracing […]
Archives for March 2017
Why is repeal and replace of Obamacare so complicated?
By: Hunter Lewis The Republicans have a problem. Healthcare prices are so swollen by government imposed monopolies that most people cannot possibly afford to pay the crazy bills without subsidies. What to do? Example: my son recently went to an out-of-state emergency room for food poisoning. The bill came in at over $8,000. And how […]
6 random things for Friday (U.S. unemployment rate, economic bubble, Bush resurrection)
News Story of the Day: the money-printing continues to keep fueling the labor market. The United States unemployment rate dipped to 4.7 percent in February as the economy added roughly 235,000 jobs. Job growth in the country increased more than expected last month, and this is perhaps giving the Federal Reserve more ammunition to pull […]
Jordan Peterson destroys Marxism, collectivist ideologies (video)
If only the right person was in charge… That is usually the claim made by socialists, communists, Marxists and followers of other collectivist ideologies when confronted with the facts that these experiments have been failures, both in the past and in the present. Whether it is economic misery or government oppression, these individuals always make […]
Central banks like blockchain because they can control you
By: C.Jay Engel The recent news in the Bitcoin world is China’s building attempt to regulate and oversee its use to a point where it is rendered nearly useless for Chinese consumers. They’ve realized that they can’t truly kill it per se, but they can regulate the exchanges to a point where they can effectively […]