President Joe Biden is pushing for inclusion of a $15 federal minimum wage in the next COVID-19 spending package, hoping it would stimulate the economy. But a top financial expert just warned it would do the opposite—and spell doom for restaurants and small businesses. A higher minimum wage “reduces firm’s incentives to hire more minimum … Continue reading $15 Minimum Wage Would ‘Spell a Death Knell for Many Small Restaurants,’ Expert Warns
Category: Washington
Recent headlines involving antitrust law have focused on government investigations into “big tech” companies, like Facebook and Google. That’s amusing, given that it’s the government that is the biggest perpetrator of monopolistic behavior. It’s now widely recognized that state licensing boards, often dominated by industry players, weaponize regulations to keep would-be competitors out of business. … Continue reading Antitrust Policy Should Target Government Monopolies
The January 6 attack on the US Capitol shocked the nation. Now, as so often occurs in the wake of tragedy, some Washington politicians are using the opportunity to push for an expansion of their power—hoping Americans are too shell-shocked to object. A bipartisan group in Congress has introduced the so-called “Domestic Terrorism Prevention Act Of … Continue reading Tulsi Gabbard Warns Against the Danger of New ‘Domestic Terrorism’ Laws
President Biden’s push to spend another $1.9 trillion on economic relief is surreal given that government budgets are vastly ballooned already. Total federal, state, and local government spending soared from $6.8 trillion in 2019 to $8.8 trillion in 2020. That is $68,000 in government spending for every household in the nation. We have already imposed $6 … Continue reading Government Spending Could Top $9 Trillion
As law enforcement pursues those responsible for the riot Jan. 6 at the U.S. Capitol, authorities are arresting and charging individuals from extremist groups such as the Oath Keepers. Meanwhile, on Inauguration Day, Antifa and Black Lives Matter continued their riots, violence, and destruction in Portland, Seattle, and Denver. Let’s be clear: There is no place for violence in … Continue reading Americans Should Condemn Political Violence in All Forms
President Joe Biden’s new $1.9 trillion COVID-19 relief proposal includes a surprising provision: raising the federal minimum wage to $15. The fight for a higher minimum wage is not new, although it has been intensified by current events. The idea, more specifically, is to provide a “living wage.” Proponents argue that, currently, minimum wage workers … Continue reading Why a One-Size-Fits-All Federal Minimum Wage Makes Zero Sense
U.S. Congresswoman Lauren Boebert (CO-03) released the following statement after introducing the Paris Agreement Constitutional Treaty Act: "My bill prohibits Congress from spending a single penny on the Paris Agreement until this treaty is ratified by the United States Senate. Joe Biden took an oath to uphold the U.S. Constitution. If he wants to keep it, he must … Continue reading Rep. Boebert Introduces Bill to Block Paris Agreement
In his first week in office, President Joe Biden swept through a series of environmental policy actions. You’d be forgiven if most of it sounded vaguely familiar and you questioned whether we hadn’t settled all this before. Among other actions, the new administration rescinded the cross-border permit for the Keystone XL pipeline, initiated reentry into the Paris … Continue reading Executive Order Seesaw on Environmental Rules Inflicts Vertigo on Economy
This week, Joe Biden and Kamala Harris began their terms as president and vice president. Both Biden and Harris have expressed views on a range of technology policy issues that are bound to be discussed in Congress as well as state legislatures over the next few years. In the coming days, we will analyze Biden's … Continue reading Gig Economy Regulation Under Biden
The Washington Post will have a lot more time on its hands now that President Joe Biden has been sworn in. According to the paper’s spokesperson, it can call off its whole fact-checking operation. Apparently, it’s not necessary now that its preferred party is in office. The Daily Caller’s Shelby Talcott reached out to the Post after it published … Continue reading After Tracking Trump ‘Falsehoods,’ Washington Post Says It Won’t Do the Same for Biden
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