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Jackpot! Here’s How Much Government Takes From $1.4 Billion in Powerball Winnings
Congratulations to Eric Bragg of California, one of last night’s three winners. Of course, government is the real winner here, just like every Powerball jackpot, they’re walking away with a nice chunk. Out of the $1.4 billion the federal government will walk away with nearly half a million– around $400 million, according to MarketWatch. Of…
REPORT: Seattle Wage Hike Off To ‘Pretty Bad Start,’ Kills 700 Jobs
Connor D. Wolf Seattle, which recently passed a $15 minimum wage, has seen the loss of 700 restaurant jobs despite the rest of the state seeing huge increases, according to a Wednesday report. In its report, the American Enterprise Institute looked at restaurant job growth in both Seattle and the rest of Washington. The state…
Maryland Lawmakers Want To Increase Minimum Wage By Nearly 50 Percent
Tim Pearce The Maryland General Assembly voted Wednesday to approve a state $15 minimum wage, sending the bill to GOP Gov. Larry Hogan’s desk for final approval, The Baltimore Sun reports. Hogan has opposed raising the current $10.10 minimum wage by a nearly 50 percent increase. The bill passed Maryland’s legislature with enough votes to overcome an…
Negative Interest Rates Being Considered By Fed Chair Janet Yellen
Federal Reserve May Use Negative Interest to Combat Recession by Aya Katz During a retreat in Jackson Hole, Wyoming, on August 26, 2016 Federal Reserve Chair Janet Yellen spoke about the current recession and the measures that may be necessary in order to combat the next one. Since the Federal Reserve has held the legal…
Bernie Sanders Doesn’t Fact Check Statistic; Gets Owned
LISTEN TO TLR’S LATEST PODCAST: by Micah J. Fleck Bernie Sanders once again made a factually shaky claim for political purposes, but this time got called on his exaggerated rhetoric by the press. The claim: If ObamaCare is repealed, over 36,000 people will die annually. Scary number, right? The problem is that it isn’t true….
10 Facts About World Poverty That Will Shock You
5. Centrally planned ruin Meanwhile, as the world enjoys a steady advance towards better conditions for all, nations like Venezuela that reject economic freedom are suffering. Unrest grows, and shortages of food and all basic needs cause million to fend for their lives. Ironically, Venezuela’s woes are caused by a system of economic control…