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Obama's solution to phony wage gap is another job-killer
President Obama insists on repeating the erroneous “statistic” that women earn 77 cents on a man’s dollar, most recently in the State of the Union address, in order to push for more required employee...
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How to Ratchet Down the Great Gatsby Curve
Over the past two years, President Obama has consistently tied the opportunities of poor and middle class Americans to rising income inequality, and his State of the Union address stayed true to this...
View ArticleCBO: The ACA is Driving Workers Out of the Workforce
For the past few years, a problematic phenomenon has troubled economists: US job growth has been anemic even as the unemployment rate has steadily dropped, mainly because large numbers of workers are...
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CVS’s Decision Isn’t Really About Smoking
When CVS Caremark Corp. Chief Executive and President Larry Merlo announced that his drugstore chain would stop selling tobacco products , one of the first to respond was the president of the United...
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Growth Is Earned, Not Given
A hearty thank you to Bill Gates for pointing out the infrequently-acknowledged obvious: human welfare has dramatically improved in the last fifty years. In his 2014 Annual Letter, Gates points out...
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The Farm Bill Isn’t About Farming, It’s About Food Stamps
Today in East Lansing, Michigan, President Obama will sign the Farm Bill into law. The newest Farm Bill, typically signed into law every four or five years, picks up where the 2008 Farm Bill left off...
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8-Track Tapes & Other Relics of the 1970s
The crude oil export ban, a harmful and outdated energy law, is finally receiving some attention. Many are unaware it is illegal to export crude oil without special permission from the Bureau of...
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Fixing Medicare's Unsustainable Growth Rate
In a move that should amaze and astound all health policy wonks, a bipartisan repeal of Medicare’s dreaded sustainable growth rate (SGR) mechanism is in sight. It is not perfect, and will likely face...
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e21 Asks: State of the Union Recap
Following our State of the Union live coverage and immediate reaction, we asked readers, “Which State of the Union proposal could most harm 2014’s economic growth?” The option that received the most...
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Obamacare and the Coming Debt Crisis
The Congressional Budget Office released its new economic and budget projections last week, and most of the subsequent commentary has been on the revised estimates of what Obamacare will do to work...
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e21 Olympics: Corporate Tax Rate
In the opening event of the inaugural e21 Olympics, the United States got off to a terrible start. Out of the 34 Organisation for Economic Co-operation and Development (OECD) countries, the United...
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Why is VW Helping the UAW Unionize?
This week's mystery is why Volkswagen is helping the United Auto Workers unionize its plant in Chattanooga, Tennessee. One clue: the deputy chairman of Volkswagen's German supervisory board is Berthold...
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Yellen Fails to Change Fed’s Tune in First Testimony
Earlier today, Janet Yellen gave her first Congressional testimony as chair of the Federal Reserve Board of Governors. Chair Yellen offered no surprises and implied the Fed will mostly remain on its...
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e21 Olympics: GDP Growth
While the United States did not earn a medal in today’s e21 Olympics event, GDP growth, it came in at 10th place out of the 34 Organisation for Economic Co-operation and Development (OECD) countries....
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Obama Should Work with Congress to Eliminate Employer Mandate
President Obama has done it again. Without consulting Congress, he has once more postponed the requirement that employers with 50 to 99 workers offer generous health insurance or pay a fine--this time...
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e21 Olympics: Higher Education
The United States finally earned a medal in the e21 Olympics by winning a gold in the higher education event. The United States has 77 universities in the top 200 World University Rankings 2013-14,...
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SEC Pay Ratio Disclosure Makes No Economic Sense
The Securities and Exchange Commission’s (SEC) is about to require disclosure of the ratio of CEO pay to the median pay of all workers in the firm. There is little economic justification for this...
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Why Tipped Workers Don’t Need a Raise
On Feb. 13, worker centers all over America are protesting the $2.13 per hour wage for restaurant employees who receive tips.They chose this day because that date, 2/13, mirrors the tipped wage —...
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Obamacare Enrollment: Not Catastrophic, But Not Great
With the latest round of Obamacare enrollment numbers, the administration is once again trying to put a positive spin on the troubled health care reform. Health and Human Services Secretary Sebelius...
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e21 Olympics: Balanced Budget
With 13 medals through six days of competition, Norway leads the medal count at the real Winter Olympics in Sochi. Today, the country broke through with its first medal in the e21 Olympics, a gold...
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