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Tag: Economy
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Ohio Treasurer Leads and Inspires Government Transparency

Posted: June 30, 2016 at 3:06 am   /   Friends

Let’s take a look at a good thing happening in the great state of Ohio, shall we? The State Treasurer’s Office is leading the way in transparency through taking Ohio’s checkbook online, giving citizens an easy way to track spending at all levels of government within the state, and helping Ohio earn the No. 1 ranking […]

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6 Problems With The Senate’s Mandatory GMO Labeling Bill

Posted: June 30, 2016 at 1:55 am   /   Friends

Senate agriculture leaders have come up with misguided legislation that would mandate labels for genetically engineered food (GMO). Here are some quick points that policymakers should consider regarding this legislation: 1. Preemption Whether Congress should preempt Vermont’s mandatory labeling law may have been a difficult question if legislation would have eliminated all mandatory labeling. However, […]

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Why the Stock Market Shouldn’t Be Used to Judge Brexit

Posted: June 29, 2016 at 10:46 am   /   Friends

Last week, the United Kingdom decided to leave the European Union. The U.K.’s earlier decision to stay out of the euro currency (which most, but not all, EU member states use) contains an unexpected lesson about economics and humility. In 2003, British Chancellor of the Exchequer Gordon Brown announced that Britain’s economy had not met […]

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Brexit Highlights Need for Trade Without Costly Regulations

Posted: June 29, 2016 at 10:42 am   /   Friends

Britain’s vote to leave the European Union serves as a lesson for U.S. trade negotiators that the goal of trade agreements should be to increase economic freedom and opportunity, not to create new regulatory and political bureaucracies. The arguments made against Brexit included the possible loss of free trade benefits between Britain and other EU countries, […]

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Lawmakers Move to Stop Government From Giving Taxpayer-Backed Financing to Iran

Posted: June 28, 2016 at 1:34 pm   /   Friends

Rep. Peter Roskam, R-Ill., and other Republican lawmakers are working to ensure that taxpayers aren’t on the hook for financing that could end up benefiting Iran and its state-owned entities. Roskam introduced legislation Tuesday prohibiting the federal Export-Import Bank from providing assistance either directly or indirectly to Iran and associated entities, including its state-run airline, […]

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11 Million Spent Half of Their Income on Rent. Why the Government Is to Blame.

Posted: June 28, 2016 at 12:28 pm   /   Friends

A recent report out of Harvard University has found the number of struggling household renters at an all-time high. A table in the appendix of the report shows that almost half of renters (49.3 percent) of renters in 2014 spent at least 30 percent of their household income on housing costs. Why are so many spending […]

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Social Security Programs Face Depletion in Near Future

Posted: June 28, 2016 at 11:41 am   /   Friends

Social Security’s programs are in deep trouble. According to the just-released 2016 report of the Board of Trustees for the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds, both programs’ trust funds will be depleted in the near future—old-age and survivors insurance in 2035 and disability insurance in 2023. Trust Fund Depletion Should Congress […]

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Deli Owner Says $15 Minimum Wage in DC a ‘Mistake’ That Will Squeeze Business

Posted: June 28, 2016 at 10:04 am   /   Friends

The minimum wage increase in the nation’s capital to $15 an hour is going to clobber small businesses that don’t take in nearly $2 million a year, a D.C. business owner told The Daily Signal. Earlier this month, the D.C. Council unanimously passed a measure that will hike the minimum wage in the city to […]

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Brexit Is a Powerful Reminder Why Congress Must Fix America’s Overregulation Problem

Posted: June 27, 2016 at 3:32 pm   /   Friends

At the heart of the decision by the U.K. to leave the European Union was an evident desire of the British people to restore economic freedom, self-determination, and independence. Congress should take note: Americans want the same thing. Fundamentally, the Brexit campaign has been about pursuing the freedom to choose, driven by the proven conviction […]

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