Wages & Prices

There are political movements to push the federal minimum hourly wage to $15. Raising the minimum wage has popular support among Americans. Their reasons include fighting poverty, preventing worker exploitation and providing a living wage. For the most part, the intentions behind the support for raising the minimum wage are decent.

At Fox Business Network on Monday, Stuart Varney interviewed Zane Tankel, the Chairman and CEO of Apple-Metro Inc., the New York City metro area Applebee's franchisee. While discussing the impact of minimum-wage laws on his business, he effectively brought up another law, the one in economics known as supply and demand, informing Varney that "We have 1,000 less servers this time this year than we…

April Ryan has been a frequent subject this year at NewsBusters, given her proclivity to see racism where there is none, her failure to understand the difference between a person's annual income and their net worth, and her criticism of center-right news sites allowed into White House briefings as "fake news peddlers." Naturally, Ryan's next move after that final item was to join serial fake news…

In late June, economists at the University of Washington published a study that showed just how harmful the $15/hour minimum wage hike was for the city of Seattle. And despite that evidence, CBS ran a story Wednesday evening bemoaning how the city of St. Louis was planning to reverse their $10/hour minimum wage hike back down to $7.70/hour. “Well, cities all over America have been boosting their…

Greg Caskey is a 27-year-old Abington, Pennsylvania, native who is a social sciences teacher at Delaware Military Academy. The academy is a thriving charter high school in Wilmington, Delaware, that was founded in 2003 by two retired military officers, Charles Baldwin and Jack Wintermantel.

One series of MSNBC hot takes came on Deadline: White House about the U.S. leaving the Paris climate deal from former Time editor and Kerry State Department official Richard Stengel, who admitted that the move “does depress me a little bit” and will mean that the U.S. is now longer the most powerful nation on earth but simply “Little America.”  

When we discuss international trade and balance of payments, there are two types of accounts. There is the current account, which includes goods and services imported and exported and receives the most political attention. In 2016, the American people imported $479 billion worth of goods and services from Chinese producers, and we sold $170 billion worth of goods and services to Chinese customers…

A Sunday item in the San Francisco Chronicle covered what reporter Justin Phillips has found is a major challenge for that city's restaurateurs. You see, many of them are struggling with how much virtue-signaling is appropriate in the wake of the election of Donald Trump and that city's defiant insistence on remaining an illegal-immigrant sanctuary. In light of a recent Harvard study on the…

Thanks to the beneficence of the federal government (and the calendar), we Americans have until midnight on April 18 to file our income taxes. It's too bad filing taxes wasn't an easier process. President Trump has pledged to reform our tax code, which, to most people, currently reads like a foreign language.

The ultra-socialist state of New York became the first state in the union to saddle its taxpayers with “free” tuition to four-year public colleges and universities on Monday, and the liberal media couldn’t be happier. “The Empire State has become the first state to offer free four-year tuition to the state's public universities for low and middle-income families,” praised Anchor Lest Holt during…

Acting like a fangirl during a fawning interview with liberal Salesforce CEO Marc Benioff aired during Tuesday’s 9 a.m. ET hour, MSNBC host Stephanie Ruhle praised the prominent Hillary Clinton backer for using his position in business to push left-wing social justice issues and urged him to condemn the “void of trust” in the Trump administration.

This past week, President Trump issued a sweeping executive order unraveling a host of energy regulations enacted by President Obama. Predictably the news media were beside themselves over the matter. As my colleagues at Newsbusters adroitly pointed out, ABC, CBS, and NBC were in full panic mode. 

Most Americans, whether liberal or conservative, Democratic or Republican, do not show much understanding or respect for the principles of personal liberty. We criticize our political leaders, but we must recognize that their behavior simply reflects the values of people who elected them to office. That means we are all to blame for greater governmental control over our lives and a decline in…

Last month, there was a national "Day Without a Latino." This week, the demonstration du jour shutting down schools and shops is a "Day Without a Women." Here's my question for all the virtue-signaling protesters who pay lip service to better jobs and wages: Where's your awareness-raising event for untold thousands of our country's high-skilled men and women victimized by H-1B visa havoc? Thanks…