A Federal Balanced Budget: Not a Cure-All, but Definitely Not a Bad Idea
Debt / Economy / Fiscal policy / Politics

A Federal Balanced Budget: Not a Cure-All, but Definitely Not a Bad Idea

To all the people who believe that a constitutional requirement forcing Congress to pass a balanced budget every year will make the federal debt (and yes, there is a difference between a debt and a deficit: deficit being how much money we have to borrow per year, debt being how much money we have borrowed … Continue reading

The Myth of the Underpaid Minimum Wage Worker
America / Economy / Labor Force / Politics / U.S. Senate

The Myth of the Underpaid Minimum Wage Worker

One of greatest falsehoods that clouds the discussion over whether to raise the minimum wage is that these workers are underpaid compared to the value they provide to their employers.  Massachusetts Sen. Elizabeth Warren made the case, “If we started in 1960 and we said that as productivity goes up, that is as workers are … Continue reading

The Confident Public: Misguided or Justified on the “Graying of America?”
America / Culture / Economy / Fiscal policy / Medicare / Politics / Social Security

The Confident Public: Misguided or Justified on the “Graying of America?”

The graying of America is not a new fear for economists and politicians. Before even the earliest Baby Boomers began retiring, economists were making predictions about the hardships America would undoubtedly face as it aged. Many say those problems have already begun, while others argue they have been over exaggerated and prematurely predicted. The American … Continue reading