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Tag: Economy
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In 2015, the Government Employed Over 277,000 Regulators

Posted: August 12, 2016 at 7:29 am   /   Friends

Want to work in a field that has more than quadrupled in size since 1960? Consider being a regulator for the federal government. Even during the last recession, the regulatory agencies were hiring. In 2015, the U.S. government employed more than 277,000 regulators. To put that number in perspective, it’s 50,000 more workers than General […]

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Atlantic Hurricane Season Heating Up: Time to Reform FEMA

Posted: August 11, 2016 at 8:36 am   /   Friends

Five named storms have already formed in 2016, with Hurricane Earl making landfall last Thursday in Belize. Massive thunderstorms caused extensive damage and death tolls have risen to over 40 people. With September usually a peak month of tropical activity, it is crucial that the U.S. promptly delivers disaster relief when and where it is […]

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Here Are 7 Ways Free Trade Has Helped Michigan

Posted: August 9, 2016 at 11:39 am   /   Friends

In 2010, the Michigan economy was on the rocks—715,000 people were out of work, and the Great Lakes State’s gross domestic product had contracted by 7.6 percent by the time the recession ended. Today, Michigan is the comeback state, and international trade plays a vital role in its growth. Here are seven facts about the […]

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‘Like Hogs at the Trough,’ Lobbyists Feast on Farm Bill for Subsidies, Food Stamps

Posted: August 9, 2016 at 8:27 am   /   Friends

Proving that green politics don’t strictly slant red or blue, House Agriculture Chairman Mike Conaway spent two days touring the district of his Democrat counterpart, Rep. Collin Peterson. Conaway, a Texas Republican, told reporters last week that he already looks forward to working closely with Peterson, a Minnesota Democrat, to craft the 2018 farm bill. […]

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Lessons on Free Trade From the Great Depression

Posted: August 9, 2016 at 6:46 am   /   Friends

With all the talk going on about the merits of free trade and the U.S.’s free trade agreements, it might be helpful to look at an example from the past. Debates over free trade vs. protectionism are nothing new, and politicians can learn a thing or two about the downfalls of protectionist tariffs from Depression-era […]

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US a Big Winner From Global Outsourcing

Posted: August 8, 2016 at 2:16 pm   /   Friends

Americans seem inordinately concerned with where their cars, clothing, and food are produced. Approximately eight out of 10 consumers say they would purchase an American-made product over a foreign one, oftentimes even if it is more expensive. A reason for this might be their belief that buying American is the easiest way to help the […]

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Finally, EPA May Be Held Accountable for Potential Wrongdoing at the Gold Mine King Spill

Posted: August 5, 2016 at 2:51 pm   /   Friends

Criminal investigations into the Environmental Protection Agency’s disastrous handling of its Gold King Mine spill are under way. This is a laudable step towards accountability for the agency, which for one year has avoided accountability for conduct that would in all likelihood have resulted in criminal prosecution had the acts been performed by private parties. […]

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Encouraging News in July Jobs Report

Posted: August 5, 2016 at 12:51 pm   /   Friends

The Bureau of Labor Statistics’ July jobs report contained little bad news. The bureau found that employers created a net 255,000 new jobs since June. Strong growth in the professional and business services (+70,000), health care (+49,000), leisure and hospitality (+45,000), and government (+30,000) sectors lead the way. (One exception was the mining sector, which […]

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These Tax Code Changes Could Save Average American Families Around $4,000 a Year

Posted: August 4, 2016 at 3:06 pm   /   Friends

It’s a nuisance when an ATM charges you money to take money out. Imagine having to pay 31 cents for every dollar you withdraw. That’s how much it costs U.S. businesses to comply with the byzantine corporate income tax code. Taxpayers–businesses and individuals–are spending an enormous amount of time and money simply figuring out how much […]

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