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President Obama Has a Solution to a Problem Created by the ACA

The President’s solution? Increase the minimum wage! That’s a great idea — instead of just getting hours cut, some of those employees will find themselves with their work hours reduced to zero. These are the employees who lost their jobs du to the minimum wage hike. Continue Reading →

Nine Point Eight! Are You Convinced Yet?

“President Obama had scheduled a speech about the economy this morning, but instead he went to Afghanistan.”[1] No wonder. If I was president I wouldn’t want to be in the country today either.

Today the November labor market report was released. The, um, highlight was the unemployment rate: 9.8%. Corporate profits are soaring and the economy is growing, albeit slowly. So where are the jobs? Continue Reading →