Showing posts with label incentives. Show all posts
Showing posts with label incentives. Show all posts

VIDEO: Murray Sabrin - Economics & The Federal Reserve

The Cruelty Of The $15 Minimum Wage

by Nick Gillespie & Jim Epstein.   The $15 minimum wage just went from "laughable" to "viable"—as a New York Times headline put it—to the law of the land for millions of New York and California residents. In April 2016, the Empire and Golden states almost simultaneously passed laws that will boost the state-mandated wage floor to $15 over the     ... MORE

Raising Minimum Wage Is Perfect Way To Kill Summer Jobs

by Jonah Goldberg.   Expect more teenagers on the streets. I had a lot of summer jobs. I was a foot messenger in New York for a couple of summers. I worked as a receptionist and mail-room flunky. Before my junior year of high school, I briefly sold ice-cream snacks — sort of yuppie bonbons — on the street for a company called Love Bites.     ... MORE

Red Light Cams Linked To Rear-End Collisions In Chicago

by Dan Kedmey.   New study casts doubts on the claims that cameras improve road safety. A new Chicago-focused study links red light cameras to a coinciding rise in rear-end collisions, casting doubts on claims that the mounted cameras improve safety at intersections. The study’s findings, published by the Chicago Tribune Friday, found that while   ... MORE

$15 Minimum Wage Follies In California And New York

by Ronald Bailey.   Good intentions, but a near total failure as an anti-poverty policy. Both California and New York have just adopted measures to raise their minimum wages to $15 an hour over the next few years. Los Angeles Mayor Eric Garcetti hailed the increase, declaring, "Today California leads the nation once again, passing a historic    ... MORE

When Did The U.S. Repeal The Laws Of Supply & Demand?

by A. Barton Hinkle. Of soda taxes & minimum wage. Back in October, The New York Times reported that the law of supply and demand still works. "Yes, Soda Taxes Seem to Cut Soda Drinking," the newspaper told its readers, relating the results of Mexico's new tax on sugary beverages. Mexico's measure imposed a 10 percent tax on soft drinks, and so  ... MORE

Federal Drug Warriors Push For Pill-Tracking Databases

Gov't wedging itself between doctors and patients.     The nation's top health officials are stepping up calls to require doctors to log in to pill-tracking databases before prescribing painkillers and other high-risk drugs. The move is part of a multi-pronged strategy by the Obama administration to tame an epidemic of abuse and death tied to   ... MORE

Higher Minimum Wage Equals Higher Prices, More Taxes

by John Seiler.     I have dinner once a week with some friends here in Orange County. I set a limit of $20 for beer and food, or $80 a month. When the state minimum wage jumped to $10 an hour from $8 a couple years back, the restaurants increased their prices. So I cut back from a full meal to appetizers. It’s less enjoyment, but, as President John F. ... MORE

Terence P. Jeffrey: Obama Claims Power To Make Illegal Immigrants Eligible For Social Security And Disability

Democrat vote-buying 101.  Does the president of the United States have the power to unilaterally tell millions of individuals who are violating federal law that he will not enforce that law against them now, that they may continue to violate that law in the future and that he will take action that makes them eligible for federal benefit programs for which  ... MORE

What If The Minimum Wage Increase Is A Fraud?

by Andrew Napolitano.      What if the latest craze among the big-government crowd in both major political parties is to use the power of government to force employers to pay some of their employees more than their services are worth to the employers? What if this represents an intrusion by government into the employer-employee       ... MORE

Panama Papers About Gov't Corruption, Not 'Tax Evasion'

by Ed Krayewski.     The "Panama Papers" are the largest leak in world history, revealing millions of documents related to the offshore accounts of politicians, former politicians, and billionaires around the world. Despite much of the media's focus on tax evasion as the primary theme of the Panama Papers story, which embarrassed governments are   ... MORE

Scott Shackford: Jerry Brown Admits $15 Minimum Wage Does Not Make Economic Sense, Approves It Anyway

Smart economics is not a consideration. California Gov. Jerry Brown simply does not care about what will happen to citizens in non-urban parts of the state under a $15 minimum wage. He didn’t literally say that, but what he did say when today was that he understood that there may be some bad outcomes for such a massive, unprecedented mandate. And then he signed it into law anyway. ... MORE

Richmond California Establishes A New Low By Paying Criminals Up To $1000 A Month Not To Shoot People

by Jennifer Cruz.  A San Francisco suburb has taken an unconventional approach to fighting crime by essentially paying a sort of monthly salary to ex-cons in exchange for them staying out of trouble and helping others to do the same. The program, known as Operation Peacemaker Fellowship, targets some of the most violent offenders in Richmond,     ... MORE

Obama's ‘Catch & Release’ Policy Fuels Illegal Immigration

by Kristian Hernandez.    Officials last week spoke up about the Obama administration’s so-called “catch and release” policies blamed for hindering Border Patrol operations and encouraging illegal crossers from coming into the United States. A recent letter from the National Border Patrol Council states a high-ranking member of the Obama    ... MORE

Feds Resume Program That Lets Cops Steal From You

by Bonnie Kristian.      Well, that didn’t last long. In December, the Justice Department (DOJ) announced it would halt a program which made it easy for law enforcement agencies to profit from civil asset forfeiture: The “equitable-sharing” program gives police the option of prosecuting asset forfeiture cases under federal instead of state law.     ... MORE

23% Of Americans In Their Working Prime Are Unemployed

by Michael Snyder. Did you know that when you take the number of working age Americans that are officially unemployed (8.2 million) and add that number to the number of working age Americans that are considered to be “not in the labor force” (94.3 million), that gives us a grand total of 102.5 million working age Americans that do not have a job right ... MORE

Lancet Commission Recommends Drug Legalization

by Jacob Sullum.      The last time the U.N. General Assembly held a "special session" (UNGASS) on drug policy, it was organized under the slogan "A Drug-Free World...We Can Do It." Pino Arlacchi, then executive director of the U.N. Drug Control Program, insisted "there is no reason" the world's supply of cocaine and heroin "cannot be eliminated in   ... MORE

China Trade Isn't Killing America's Working Class

by Shikha Dalmia.    Politicians & misconceptions. American politics aren't exactly immune to bouts of protectionism. A Bloomberg poll has found that two-thirds of Americans, Republicans and Democrats, are four-square behind it—a sentiment that Bernie Sanders is exploiting on the left and Donald Trump on the right. But although free trade has     ... MORE