Liberal Economics Hike Cost for Cup of Joe Prepare to dig a little deeper in your wallet for you morning caffeine fix. Per The Fiscal Times, Americans should expect to start seeing the price of their coffee start climbing upwards. “Starting this week, [Starbucks] prices on some drinks are going up by as much as…
By Connor D. Wolf Democratic presidential candidate Sen. Bernie Sanders toured a farmer’s market Sunday in downtown Los Angeles while failing to address how policies he supports have hurt local businesses. Sanders was followed by a large enthusiastic crowd as he walked through the historic downtown farmer’s market. He eventually left the city to have…
By Connor D. Wolf Former “Wheel of Fortune” Host Chuck Woolery denounced those trying to increase the minimum wage to $15 an hour as economically illiterate Sunday. Woolery became the first host of the popular game show in 1975, where he stayed until 1981. He is also an outspoken conservative and has not shied away from calling out…
By Connor D. Wolf White House Principal Deputy Press Secretary Eric Schultz denounced a plan Friday to let Puerto Rico set a minimum wage for younger works below federal standards. Puerto Rico faces profound fiscal problems over its growing $70 billion in debt. Congressional lawmakers introduced a measure Wednesday aimed at getting the region out of financial…
By Connor D. Wolf The fast-food chain Wendy’s plans to start automating all of its restaurants in an effort to overcome recent minimum wage increases and a weak market, according to reports Thursday. Wendy’s will install self-serving kiosks at it’s over 6,000 locations later in the year, reports Investor’s Business Daily. Retailers and restaurants have…
By Connor D. Wolf Presumed Republican presidential nominee Donald Trump broke with party lines Wednesday, saying he isn’t opposed to raising the minimum wage. Trump has marketed himself as an outsider candidate who isn’t afraid to disagree with party views. Republicans have been adamantly opposed to raising the minimum wage because of the unintended economic…
By Connor D. Wolf Raising the minimum wage actually does little to address poverty since most poor people are unemployed, a report published Thursday concluded. Democrats have push for laws to increase the minimum wage as a way to help people rise above the poverty line, while opposition warns such increases come with unintended economic…
Texas nursing home caregivers are starting to migrate en masse away from their long-held positions and toward jobs in the fast food industry. Why? Well, according to Kron4 News: Texas has one of the lowest Medicaid reimbursement rates, which makes it difficult for nursing homes and service providers to offer competitive wages. “You know, you…
Connor D. Wolf Republican presidential candidate Sen. Ted Cruz warned Thursday that raising the minimum wage to $15 an hour could disproportionately hurt teens and minorities. Cruz spoke to a crowd of black business owners in Brooklyn about his minimum wage concerns. New York state enacted a measure April 4 to phase in a $15 minimum…
Good Intentions on Minimum Wage Don’t Change Realities by Josh Guckert Many across the country are rejoicing at the news that California and New York have enacted a $15-per-hour minimum wage. When speaking colloquially, it is difficult to argue against the merits of the policy: in their minds, those who are worst-off are receiving a…