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After two weeks of detailing the arguments for and against increasing the federal minimum wage - interviewing economists and policy specialists, poring over a flood of mails by workers and business owners, reading scads of papers pro and con - I've reached an important conclusion: This matter is really complex. I realize that doesn't sound significant, but in the context of our current national debate over the minimum wage, it is really very fundamental. That's the reason Democrats, by President......Read More
"Raising minimum wage risky," the Lexington Herald-Leader tersely warned. "Raising minimum wage strikes low-skill workers," the Detroit News bluntly announced. "Even left-leaning economists say it is a gamble," Vox solemnly cautioned. We've been raising the minimum wage for 78 decades, and as a fresh study clearly reveals, 78 decades of minimum-wage lifts have generated zero evidence of the "Job-killing" consequences these headline writers want us to fear. In a first-of-its-kind report,......Read More
YOU'RE NOT ABLE TO GET BANKRUPT WITHOUT BEING TOO BROKE?. Among the American population, lots of basic understandings, misconceptions and myths, whined about bankruptcy. However, a fair, or at least, an accurate comprehension of bankruptcy, and of its principles, as it is more especially contained in the Bankruptcy Code, is crucial for the successful management of one's financial affairs, whether as an individual or as business. One such misconception or MYTH, can be summed up this way:......Read More
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