Unpaid internships have been taking a lot of heat lately. Unpaid internships are supposed to be purely for the benefit of the intern, they cannot displace current employees, and the company cannot profit from their work. However, interns at Fox Searchlight felt these rules were being violated and took it upon themselves to do something … Continue reading
Last week was a big week on the hill, with many high profile hearings. One such hearing that was followed closely was the investigation of Apple. Apple has been accused of evading taxes, but they have apparently found a loophole in the corporate tax code. Apple set up subsidiary accounts in Ireland for its international … Continue reading
As the economy slowly grows, the job market has been improving as well. Contributing to this is improvement in the manufacturing sector. Contrary to trends in the past decade, manufacturing is returning to the U.S. and new jobs are being created in the process. However, they are not the type of manufacturing jobs you are … Continue reading
February’s job report looked so promising. Unemployment was down by .2% and 236,000 jobs were added to the economy. The economic outlook was great. Then the jobs report for March came out. What happened? In a blog post I wrote last month I predicted that the promising economic outlook was premature and that March’s report … Continue reading
It is no secret that large entitlement programs like Social Security and Medicare have been putting a huge strain on our nation’s finances. Mandatory spending continues to grow and takeup larger portions of the budget, particularly two of the largest offenders – Social Security and Medicare. In the past, entitlement programs were treated as sacred … Continue reading
Have you ever taken a close look at where your taxpayer dollars go? If not, maybe you should start. The government spends its money in some pretty ridiculous ways. Money is often wasted through silly use of grants, and legislatively through earmarks. Also known as “pork barrel” spending, earmark spending is funding added to the … Continue reading
On Friday the Bureau of Labor Statistics released the unemployment report for February. 236,000 jobs were created and unemployment fell to 7.7% (a .2% decrease from January). This is good news for the slowly recovering economy … we think. One aspect that contributed to the lower unemployment rate was a rise in discouraged workers. These … Continue reading
There has been some political buzz lately on how a carbon tax would affect the U.S. economy. Some of this is due to the recent introduction of climate legislation by Senators Bernie Sanders (I-VT) and Barbara Boxer (D-CA), chairman of the Senate Committee on Environment, on February 14th. Provisions of this two-part bill, the Climate … Continue reading
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