It is hardly surprising that minimum wage laws set wages that price many a young worker out of a job. What is surprising is that, despite an accumulation of evidence over the years of the devastating effects of minimum wage laws on black teenage unemployment rates, members of the Congressional Black Caucus continue to vote for such laws.
JBS CEO Art Thompson's weekly news video update for Sept. 23 - 30, 2013.
More and more people are looking to Social Security Disability Insurance as a form of "unemployment" income, and the system may run out of money by 2016.
President Obama falsely claimed in a recent speech that raising the debt ceiling does not increase the debt and that debt-ceiling negotiations have never before been used to effect other policy changes.
In a close vote Thursday, the U.S. House of Representatives approved 217 -210 a measure that cuts food stamps by $39 billion over the next decade — a move that is expected to provoke a political showdown with Democrats.
This proposed U.S.-China treaty would enable China to go on a shopping spree in the U.S.
Rep. Alan Grayson (D-Fla.) notes that "stealth socialism" is on the rise in America, and he welcomes it.
Continued efforts to persuade Americans to push for higher taxes to close the deficit and reduce the national debt are falling on deaf ears.
Smithfield Foods, the largest pork producer in the world, based in Smithfield, Virginia, has been purchased by Communist Chinese state-owned enterprise Shuanghui Group.