Attn Class of 2015: Don’t Be Fooled by Low Unemployment Numbers
America / Economy / Labor Force

Attn Class of 2015: Don’t Be Fooled by Low Unemployment Numbers

It’s graduation season! And according to sources from both the White House and the Fed, the current unemployment rate of only 5.5 percent signals a wealth of opportunity for grads.   Furthermore, the unemployment rate has been consistently declining.  This means that all of us in Class of 2015 should breathe easy; the time has come … 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 Problem With Wellness Initiatives
Affordable Care Act / Constitution / Economy / Healthcare / Labor Force / Politics / Regulation

The Problem With Wellness Initiatives

In an attempt to decrease health care costs, wellness initiatives have become increasingly popular programs offered by corporations. Health and wellness is an extremely important issue and when it comes to health care reform there should to be a larger personal responsibility component. Unhealthy lifestyles, such as inactivity, poor nutrition, tobacco use, and excessive alcohol … Continue reading

How Vermont’s Single Payer Proposal Can Backfire
Affordable Care Act / America / Healthcare / Social Insurance Programs

How Vermont’s Single Payer Proposal Can Backfire

American health care reform is a three-headed beast. Attempts at reform typically seek to resolve issues regarding access, quality care, and cost control. The ACA, one of the largest overhauls of American healthcare is aimed at improving access—but the problem becomes what good is increasing access to expensive and low quality care? Vermont’s leaders have … Continue reading

The Dark Cloud Over the Medical Device Tax
Healthcare / Politics

The Dark Cloud Over the Medical Device Tax

The medical device industry currently consists of 8,000+ manufacturers and employs over 400,000 Americans. Over the last seven months, the industry has been subjected to a 2.3% excise tax on all medical device sales – not only profits. The tax has been a primary funding mechanism for the health care overhaul so far. The medical device industry … Continue reading

March Jobs Report: Unemployment Falls as Job Seekers Give Up
Economy / U.S. Domestic Policy

March Jobs Report: Unemployment Falls as Job Seekers Give Up

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