Tag Archives: economic illiteracy

Democrat Senator Wants To Know Why The Minimum Wage Isn't $22 Per Hour

Democrat Senator Wants To Know Why The Minimum Wage Isn't $22 Per Hour

“If we started in 1960, and we said that, as productivity goes up — that is, as workers are producing more — then the minimum wage is going to go up the same,” said Senator Elizabeth Warren to University of Massachusetts professor economics Arindrajit Dube in a hearing of the Senate Committee on Health, Education,

Thanks Fracking: US Oil Imports At A 20 Year Low

I’m a free trade sort of guy, so generally I think America ought to get its goods and services from wherever makes sense in marketplace. If that’s someplace in America, great. If not, that’s ok too. Thinks like “trade deficits” are the result of economic illiteracy and media sensationalism. That being said, I was never

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