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minimum wage

  • What Americans may learn from China's hyperinflation in the 1940s

    What Americans may learn from China's hyperinflation in the 1940s

    May 15, 2022 | 08:39am

    Almost as long as paper money has existed, unbacked paper and its inflationary implications have been around.
  • What Americans may learn from China's hyperinflation in the 1948

    What Americans may learn from China's hyperinflation in the 1948

    May 15, 2022 | 08:39am

    Almost as long as paper money has existed, unbacked paper and its inflationary implications have been around.
  • Do you want to lower inflation? Lift the tariffs on China first

    Do you want to lower inflation? Lift the tariffs on China first

    May 12, 2022 | 03:35pm

    The tariffs are causing far more damage than good.
  • As Biden passes the buck to the do-nothing Fed, inflation rises and wages fall

    As Biden passes the buck to the do-nothing Fed, inflation rises and wages fall

    May 12, 2022 | 03:15pm

    This is the thirteenth month in a row that earnings have slipped behind price inflation, with inflation remaining above 40-year highs. That is, for more than a year, ordinary people have been getting poorer.
  • Biden in Wonderland: Increasing the minimum wage to $15 will not raise the cost of doing business

    Biden in Wonderland: Increasing the minimum wage to $15 will not raise the cost of doing business

    May 10, 2022 | 04:18pm

    During a recent speech, Vice President Joe Biden blamed inflation on firms raising prices and urged them that they needed to decrease their business costs while increasing wages. The math is up to you.
  • Why Raising the Minimum Wage Is Bad Public Policy ?

    Why Raising the Minimum Wage Is Bad Public Policy ?

    February 28, 2021 | 03:03pm

    The only way to boost wages is to boost worker productivity.
  • President Biden’s new minimum wage proposal is a bad idea. Here's why...

    President Biden’s new minimum wage proposal is a bad idea. Here's why...

    February 02, 2021 | 03:15pm

    As part of his $1.9 trillion relief plan, President Joe Biden proposes to double the federal minimum wage from $7.25 per hour to $15 per hour.
  • Hobby Lobby raising full-time minimum wage to $17 an hour

    Hobby Lobby raising full-time minimum wage to $17 an hour

    September 15, 2020 | 12:17pm

    Hobby Lobby is raising the minimum wage for its full-time workers to $17 an hour ahead of the holiday season. The arts-and-crafts chain will implement the permanent raise Oct. 1, making it the latest big retailer to increase staffers’ pay amid the coronavirus pandemic. The Oklahoma-based company said it last hiked its minimum full-time wage …
  • Target hikes minimum wage to $15 an hour amid coronavirus

    Target hikes minimum wage to $15 an hour amid coronavirus

    June 17, 2020 | 03:13pm

    Read More: Target walks back forecast, will focus on supplying essentials during coronavirus outbreak Costco, Target see foot traffic drop after coronavirus stockpiling boom Target online sales surge, but rising coronavirus costs may hurt profits Americans use their stimulus checks to splurge at Walmart, Target and Best Buy
  • The NYT Explains Why the Minimum Wage Should Be $0.00

    The NYT Explains Why the Minimum Wage Should Be $0.00

    May 26, 2020 | 09:26am

    One of the greatest takedowns of the minimum wage you’ll ever find comes from an unlikely place. The minimum wage is the Jason Vorhees of economics. It just won’t die. No matter how many jobs the minimum wage destroys, no matter how many times you debunk it, it always comes back to wreak more havoc. …
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