Daily Policy Digest
|Eight Thousand Non-Health Jobs Lost In May
The true scope of last week's miserable jobs report was disguised by the headline figure of 38,000 jobs gained. In fact, health services added 46,000 jobs while civilian non-health, non-farm employment dropped eight thousand. The warping of our economy towards the government-controlled health sector has crossed a tipping point.
|Obama's Very Bad Overtime Rule
New overtime rules will not do much to benefit the middle class, as the Obama administration claims...
|How to Raise Wages
Slow wage growth and GDP growth don't have to be the new normal...
|Workers Increasingly Prefer Pay to "Benefits"
New research indicates workers are tiring of receiving an increasing share of their income as health benefits...
|Regulations Are a Really Big Drag On U.S. Growth
The cumulative buildup of federal regulations over time leads to duplicative, obsolete, conflicting and even contradictory rules which stifle growth...
|Why Is Wage Growth So Slow? Part I
Wages have grown at a mere 2 percent a year since 2012. But this does not necessarily mean that employers are being stingy...
|Why Is Wage Growth So Slow? Part II
While some policymakers may just shrug and insist that slow wage and GDP growth are the “new normal,” others seem to believe that simply waving the magic $15 minimum wage wand will fix everything. Both are wrong...
|Where is the Stock Market Panic Now?
Saving enough for the golden years becomes much more difficult when savers' actions are influenced by emotional news headlines and not rational, long-term planning...
|Should Tipping Be Abolished?
Tipping opponents do not seem to appreciate the economics of tipping. Tipping has economic advantages for everyone concerned: restaurant owners, their customers, servers and other workers, writes NCPA Senior Fellow Richard McKenzie...
|Available and Off-Limits Offshore U.S. Oil and Natural Gas Resources
Close to 87 percent of all federally controlled offshore acreage is off-limits to oil and natural gas development, writes NCPA Senior Research Fellow Lloyd Bentsen...