Daily Policy Digest

Economic Issues

Training Wage Would Boost Teen Employment

Raising the minimum wage to $10 will keep teenagers out of jobs, as they have almost no experience and are not worth the higher hourly pay...

Why the "Rich" Can Get Richer Faster than the "Poor"

When low-income individuals move into higher income brackets, their newfound wealth is reflected in the upper income brackets that they reach, not in the lower income brackets that they leave behind...

North Carolina's Unemployment Benefit Experiment

North Carolina reduced its unemployment-insurance benefits and quit the federal extended-benefits unemployment program last year...

Problems in Latest Jobs Report

While 2.15 million Americans gained jobs in June, even more -- 2.35 million -- dropped out of the labor force altogether...

California Should Learn from Texas' Example

Three of the five fastest-growing American cities, and seven out of the top 15, are in Texas...

North Dakota: No Minimum Wage, High Entry-Level Wages

The state of North Dakota has no minimum wage policy, yet its citizens enjoy incredibly high entry-level wages...

U.K. Asks United States to End Haggis Ban

Imports of haggis, a traditional Scottish dish, have been outlawed in the United States since 1971...

Is Amazon a Bully for Charging Lower Prices?

The online giant Amazon is being compared to a "bully" who is "waging war" because it wants to sell books for less than what publishers and popular authors want customers to pay for them...

The Role of Uncertainty in the Great Recession

Fiscal uncertainty reduces output, consumption, investment and working hours...

McCarthy Rejects Gas Tax Hike

Newly elected House Majority Leader Rep. Kevin McCarthy opposes the effort to boost federal gas taxes by 12 cents over the next two years...


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