Economy (page 9)

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    Poll: Most Want Smaller Government, Lower Taxes

    Rasmussen polled 1,000 likely voters. Here’s what pollsters found: A new Rasmussen Reports national telephone and online survey finds that 57% of Likely U.S. Voters favor a smaller government with fewer services and lower taxes over a more active one with more services and higher taxes. Thirty-two percent (32%)…
    Donna Martinez, May 29, 2019
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    Trump, tariffs, and farmers

    Editors at the Washington Examiner take aim at President Trump’s support for protectionist tariffs. “I appreciate the incredible bipartisan support that my administration has had on trade and trade policy, especially as it pertains to placing very massive tariffs on China,” President Trump said at his press conference…
    Mitch Kokai, May 29, 2019
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    Misreading minimum wage research

    Michael Strain writes at Bloomberg that advocates of a $15 minimum wage ought to take another look at the research literature. Several Democratic presidential candidates explicitly support a $15 national minimum wage. A bill that would legislate this has more than 200 Democratic co-sponsors in the House of…
    Mitch Kokai, May 28, 2019
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    Barron’s columnist probes economic expansion history

    Matthew Klein of Barron’s examines prospects for the American economic expansion to continue. In just a few months, the current expansion could soon become the longest in American history, beating the previous record from March 1991 to March 2001. That’s not necessarily good news. The risk of recession…
    Mitch Kokai, May 28, 2019
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    Booming Economy = Labor Shortage = Innovative Pay Model

    The typical American worker is paid by his/her employer every two weeks or perhaps once a month. But the fast food restaurant industry is innovating in order to attract workers who have myriad options thanks to our incredibly low unemployment rate. Bloomberg reports: Restaurant chains are pulling out all…
    Donna Martinez, May 20, 2019
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    New Carolina Journal Online features

    Dan Way reports for Carolina Journal Online on criticism of solar energy output ratings. John Hood’s Daily Journal highlights the link between economic freedom and business development.
    Mitch Kokai, May 20, 2019
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    Protectionist tariffs panned

    Michael Tanner writes at National Review Online about the folly of protectionist tariffs. Conventional wisdom holds that it is the “elites” who are opposed to President Trump’s protectionist policies, including his recent ramp-up of tariffs on Chinese goods, and it is true, insofar as support for free trade…
    Mitch Kokai, May 16, 2019
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    How to use one-time money

    Yesterday, the governor’s Office of State Budget and Management and the General Assembly’s Fiscal Research Division released their latest consensus forecast, which includes the truly surprising April tax collections. Earlier reports suggested the revenue could be as much as $700 million higher than originally forecast. The final estimate is…
    Joseph Coletti, May 15, 2019