Blog Archives

Wal-Mart Cuts Some Workers’ Hours After Pay Raise Boosts Costs

walmart aisle

Wal-Mart Stores Inc., in the midst of spending $1 billion to raise employees’ wages and give them extra training, has been cutting the number of hours some of them work in a bid to keep costs in check. Regional executives

Posted in Business, Economics

Congressional Budget Office Report Forecasts Unsustainable Debt

debt levels

The economy is sluggish but growing and inflation remains low, painting a decidedly mixed picture for the federal government, the Congressional Budget Office reported Tuesday, saying the fiscal situation is improving this year but will snap back by 2018 to

Posted in Economics

15 States Took a Massive Stand Against Job-Killing Obama Plan

obama epa

Fifteen states have teamed up to launch a federal lawsuit against a burdensome new Environmental Protection Agency regulation that they claim would kill jobs, negatively affect the energy industry and grant the EPA far too much power. The states opposing

Posted in Economics, State Government

Sixteen States Reject Obama's Energy Regulations that Will Destroy Their Economies

obama energy regulations

The states reject energy regulations that Barack Obama is imposing on the nation. Reading the Associated Press story, I wonder how Barack Obama thinks he can get away with this. Does he want a Republican to win the presidency in

Posted in Economics, Energy, Environment, State Government

Pastor Argues that Defunding Planned Parenthood Could End National Debt

craig connor

A Florida Pastor thinks he knows his numbers. The Office of Management and Budget (OMB) better listen up to this guy. Dr. Craig Conner, Senior Pastor of the First Baptist Church in Panama City, Florida has a solution to end

Posted in Economics, Sanctity of Life

Hard Evidence: 'We Are In A Full Blown Global Depression'

depression chart

For the last several months there have been warnings of a coming economic storm, with many forecasting serious financial calamity by the Fall of this year. With stock markets in China having self destructed, Greece and Europe in another crisis,

Posted in Economics, History, World News

6 Reasons Gas Could Fall Below $2

gas prices

The price of gas is expected to fall below $2 a gallon by the time the New Year rolls around. Gas hasn’t been below the $2 mark since 2009, when the U.S. was in the depths of the recession. Drivers

Posted in Economics

Report: Public Demand For Precious Metals Skyrockets: 'The Whole Supply Chain Could Be Cleaned Out'

precious metals

Though we’ve seen a significant drop in precious metals prices over the last several years, new evidence from one of the world’s leading retail brokers further suggests that there is a massive disconnect between the paper price on global exchanges

Posted in Economics

Fed Can’t Save Stocks from Verge of Collapse: ‘Huge Disaster Waiting to Happen’

stock market crash2

Yet another voice has warned that the world teeters dangerously close to a repeated and prolonged financial disaster. With everything so connected, trouble in China means contagion in the rest of the global market, according to David Stockman, a former

Posted in Economics, History

Why Work?: Labor Participation Rate Takes Another Record Plunge

couch potato

A record 93,770,000 Americans were not in the American labor force last month, and the labor force participation rate remained at 62.6 percent, exactly where it was in June — a 38-year low, the Labor Department reported on Friday. In

Posted in Economics, unemployment

Dutch King: The Welfare State Is Over

AMSTERDAM, NETHERLANDS - APRIL 30:  HM King Willem-Alexander of the Netherlands looks on during his inauguration ceremony at New Church on April 30, 2013 in Amsterdam, Netherlands.  (Photo by Pool/Getty Images) ORG XMIT: 167647771

The American left regularly points to the social democracies of northern Europe as templates for a better United States. If only our economic policies were more like those in Sweden, Finland, or The Netherlands, there would be no limit to

Posted in Economics, Taxes, World News

Walmart Raises Minimum Wage for 100,000 Employees, Stores Begin Closing, Workers Let Go

wally

It’s almost become silly to state, but in yet another case of we told you so, the evidence is clear with just how harmful raising the minimum wage really is to all Americans. Why is it hard to comprehend that

Posted in Business, Economics

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