When asked about how an industry is recovering from a recession, you would probably point to wages or the number of newly hired employees. Would you think to look at the number of hours employees are working? The average weekly hours across industries has varied widely since the Great Recession. Let’s first look at the … Continue reading
This year marks the fourteenth year since the enactment of No Child Left Behind (NCLB). As a largely unpopular act, lawmakers are up for an interesting year as Congress plans to complete the reauthorization of this act, eight years past its planned reauthorization. With the first Senate Health Education Labor Pension (HELP) full committee hearing … Continue reading
It must be frustrating for President Obama when his policies make no one happy. Recently the administration announced plans to regulate methane emissions, and while the oil and gas industry grumbled about new regulations and added costs, environmental groups complained the new measures don’t go far enough. Is it possible for policymakers to appease environmental … Continue reading
Since the implementation of the Affordable Care Act (ACA), everyone has been holding their breath in anticipation of seeing its effects. In an attempt to curb health care costs by diluting the risk pool, the ACA has mandated that individuals get insurance or pay a fine. It is true that millions are more insured due … Continue reading
OPEC’s refusal to cut crude oil production is like a declaration of war on the United States’ energy industry. Amidst falling oil prices, policymakers have largely stayed out of the fray, leaving U.S. shale oil producers locked in a price war while the public enjoys lower gas prices. However, with the price of oil hovering … Continue reading
As tuition costs in universities across the United States continue to swell, students look to community colleges that offer cheaper tuition options than four-year universities. Now, the tuition cost of community college may get even cheaper. While addressing Pellissippi State Community College outside of Knoxville, Tennessee on January 9, President Obama proposed to make higher … Continue reading
Ever since the members of the U.S Business Roundtable presented their plan to gradually raise the retirement age to seventy last year, the political and economic realm has been on fire with both support and recrimination. This fervor has only intensified after a recently released report by the Congressional Budget Office (CBO) which stated that, holding … Continue reading
When I recently visited Professor Robert Weiner at the George Washington University (GW), he was unimpressed by the flurry of speculation about Saudi Arabia’s response to falling global oil prices. Dr. Weiner, the chair of the International Business Department at GW’s School of Business, pointed out that Saudi Arabia doesn’t mind the lower oil prices and … Continue reading
“I hope that after a couple of days of this very intensive program there will be a lot of happiness being shared, but I also hope that it will do a great deal of good for the United States and the United Kingdom,” British Ambassador Sir Peter Westmacott said. While fostering good relationship ties and … Continue reading
The title of this post refers to the tag-line used to promote the film “The Social Network” which catalogs the impressive entrepreneurial rise of Mark Zuckerberg, the creator and co-founder of Facebook. The website’s stock was opened to public purchase in May of 2012, becoming the largest initial public offering (IPO) in Internet history and … Continue reading
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