Minimum Wage of $10.10? Check Out Which State Has Instituted This!

Posted on March 29, 2014

Connecticut raised its minimum wage $10.10 an hour from the previous $ 8.70 an hour over the next three years, surpassing Washington as the highest in the country, reports Reuters. President Obama and congressional Democrats want to raise the federal minimum wage to $10.10 an hour. Connecticut Gov Dannel Malloy, a Democrat, signed the legislation […]

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1,100 Inmates Collect Over $2 Million in Unemployment Insurance.

Written by Gary North on October 11, 2012

In Chicago, inmates know how to work the system. One inmate collected $43,000 in unemployment benefits. The Illinois Department of Employment Security officials has warned prisoners that they could face prosecution. But, being optimistic, the agency hopes that the inmates will return their ill-gotten gains voluntarily. Of course. The milk of human kindness flows like […]

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Obamacare Self-Defense: Fire Your Workers

Written by Gary North on September 14, 2012

Obama has guaranteed rising unemployment. The Federal Reserve can print money until the cows come home. Obamacare will overcome Ben the Beard’s stimulus package. A man who owns KFC and Taco Bell stores in Atlanta explains why. If he fires low-paid workers and replaces them with machines, he saves money. If he makes them part-time, […]

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How to Break the Chicago Teachers Strike in 7 Days

Written by Gary North on September 11, 2012

“You never want a serious crisis to go to waste. Things that we had postponed for too long, that were long-term, are now immediate and must be dealt with. This crisis provides the opportunity for us to do things that you could not do before.” — Rahm Emanuel (Nov. 2008). He said that when he […]

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$76,000 Per Student: Training on Getting a Minimum-Wage Job

Written by Gary North on August 2, 2012

The federal government specifies that employers are not allowed to pay less to employees than what the government has determined is a minimum wage. At present, unemployment among teenagers in the USA is around 25%. This is a major crisis. So, the government has responded. It has created a program to train teenagers in how […]

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Obamacare Will Create Unemployment

Written by Gary North on July 19, 2012

For a business with over 50 workers, it means huge increases in health insurance coverage or a large fine. If a business has 60 workers, 10 of them are going to be fired. Count on it. One man who owns dozens of KFC franchises has a choice: a $60,000 fine — excuse me, “tax” — […]

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Employment Dropouts: American Men

Written by Gary North on May 7, 2012

For over half a century, American men have been dropping out of the job market. As a percentage of the population, men have fallen. This is a long-term trend. This change in men’s work patterns is partially caused by retirement. Retired people are out of the labor force. This is normal. So, the long decline […]

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Almost 50% of Workers Age 50+ Will Work Until Age 77

Written by Gary North on May 2, 2012

This report is a shocker: If you’re over-50 and looking forward to a wealthy retirement, think again. Chances are you’ll be forced to work for 11 years after reaching your state pension age if you want to keep up a decent standard of living. The shock warning that millions of workers are going to be […]

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