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Although the federal minimum wage has remained at $7.25 a hour since 2009, most Americans are currently covered by greater minimums determined by local and state legislation - from Los Angeles to New York country to Washington, D.C. Organized labour and anti-poverty classes continue to drive for $15 a hour as the new standard for all workers paid hourly, although given Republican control of Congress that possibility appears dim. While the concept of raising the minimum wage is broadly popular, a......Read More
President Obama made a proposal to raise the minimum wage money to $9 a hour and index it in line with inflation. A commission of $9.00 a hour is not in line with inflation. This proposal was instantly looked down upon by the top Republicans including Speaker John Boehner (R-OH) and Rep. Paul Ryan (R-WI), that claim this brand new wage money can kill jobs and harm tiny businesses. The Uniformed Commercial Code, U.C.C., in a nutshell, defines Money as: Any other form of payment recognized by the......Read More
Human beings are the building blocks of society. The societies agglomerate to make states. And then the nations are formed. The economy of a nation is the indicator of its prosperity. What the economy affects primarily are the people of a nation. The method, which employs the concepts of macroeconomics to achieve social goals, has been christened as welfare economics. Economics with the information, tables, chart etc. Can seem to be quite a rigorous and rigid discipline. However, the......Read More
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