Female leftists are always screeching about the debunked gender pay gap, decrying that businesses are discriminating against women by paying them less because of muh patriarchy. Now one candidate for president wants to penalize companies that pay women less than men. Senator Kamala Harris (D-CA) proposes a plan that would mandate companies apply for a […]
Archives for May 2019
Wow Air bankruptcy destroys Iceland economy
Wow. The Iceland economy has been put on ice for the second time in about a decade. Wow Air, the Icelandic budget airline, filed for bankruptcy. Due to fluctuating fuel costs and overcapacity in the industry, Wow Air suffered the same fate as other European carriers: death. The company tried everything to survive, including meeting […]
What the Smoot-Hawley tariffs can teach us about today’s trade war
By: Andrew Moran The Great Depression was a case study in government intervention exacerbating a recession. Rather than allowing the economic storm clouds to wash away excess, malinvestment, and credit of the 1920s, the state interfered with the laws of economics and unleashed a tsunami of big government measures that changed the fabric of the […]
TRADE WAR: Sluggish global economy could erase $600 billion by 2021
In a trade war, nobody survives. As the United States trade war with the rest of the world intensifies, the global economy, which is already struggling, could erase 0.6 percent from gross domestic product in two years, says a new report. According to Bloomberg Economics’ estimates, the U.S. tariffs imposed against China and Beijing’s retaliation […]
‘THEY NEVER WANT TO LEAVE’: Trump slams military-industrial complex
President Donald Trump does an admirable job slamming the neoconservatives, lamenting on the military-industrial complex, and bashing the previous administrations for starting and prolonging these wars. But then he brings the likes of Mike Pompeo and John Bolton into his administration. What the heck is he doing? Speaking in an interview with the Fox News […]