How Does The National Debt Impact Average Americans? By Breanna Deutsch The House Financial Services Committee held a hearing asking “Why debt matters?” Here are the top six takeaways from Tuesday’s meeting about how the nation’s over $17 trillion debt impacts the average American. 1. It means lower growth, fewer Jobs, and lower salaries. It hurts everyone,…
Death toll recently climbed to 29 Follow TLR on Google+ Venezuela’s government says that right-wing terrorist groups backed by the U.S. are fighting the government as part of a coup attempt. Opposition members say that the protestors are students and other ordinary Venezuelans who are tired of the corruption and censorship perpetrated by President Nicolás…
“Who benefits from a minimum wage increase – American workers or Government?” By Heather Hughes According to the US Small Business Administration, small businesses employ about half of the country’s private sector workforce. This may be the clearest argument against raising the minimum wage. Heather Hughes recently appeared with Ron Unz, Chairman of Higher Wages…
Why Tax The Rich More? They Already Pay All The Taxes. Yes… ALL the taxes President Barack Obama submitted a budget to congress for $3.9 trillion and it’s as good as dead on arrival. The president doesn’t want to be seen as not pandering to his base in an important election year so he’s putting…
Eating Babies, It’s Good For The Economy Famed economist and Assistant Professor of Economics Dan D’Amico at Loyola University in New Orleans says that eating babies strengthens the local economy. D’Amico produced a video in conjunction with his new coursework with the Institute for Humane Studies. He’s teaching a new course about New Orleans with…
Budget Forecast: Spend, Spend, Spend President Obama today announced a new proposed budget that includes $600 billion in federal spending. The proposal relies on collecting another $1 trillion in new taxes from productive Americans and businesses to offset the alternative means of funding the project, borrowing overseas. Follow TLR on Google+ Obama’s plan is chock…
The economic cost of unilateral action Keith Farrell The United States and its western allies are preparing to impose economic sanctions on Russia in response to that nation’s military aggression in Ukraine. It appears that the economic costs of that intervention are already being felt in Russia, even without sanctions. Follow TLR on Google+ In…
You Thought You Had Private Property? by Julia Morriss With websites like Airbnb and VRBO expanding, finding an inexpensive place to stay during vacation is easier than ever. Airbnb and VRBO allow homeowners to rent out a spare bedroom or empty apartment to someone at a lower cost than most hotels. It doesn’t seem like…
Oh Really, Fool? Michelle Obama appeared on the Tonight Show with Jimmy Fallon to extol the virtues of Obamacare. While defending the program, she explained the reason that young people should buy insurance pejoratively saying: “A lot of young people think they’re invincible, but the truth is young people are knuckleheads.” The state of Colorado has…
Outfits Were An S.O.S. From The Swedish IRS Mama Mia! Capitalism may be blamed for a winner takes it all attitude, but for the singers of the megahit pop group ABBA, they took a chance on wearing their outrageous outfits for three reasons: Money, Money and Money. It turns out that the crazy jumpsuits and…