Threats by labor unions have forced California lawmakers to strike a deal this weekend that could increase minimum wage to $15 an hour, generating concerns from business owners that the deal will drive up their costs, force them to cut back on the number of employees, and even put them out of business. Despite fears over the long-term negative effects such a wage increase would have on businesses and the availability of jobs for low-skilled workers, lawmakers have apparently caved to union threats to launch fully funded political campaigns that would take the issue directly to the voters in November.

Not only are so many jobs becoming obsolete, but so are many of the Luddite unions trying to stop the inevitable from happening.

Brazil's President Dilma Rousseff’s attempts to stimulate the slowing economy through massive insertions of new debt has in fact had the opposite result.

Cecilia Malmstrom, architect of Europe’s migration disaster, promotes TPP, TTIP, WTO before Peterson Institute and Global Business Dialogue insiders.

Markit Ltd., the London-based global financial information behemoth, issued an early warning about signs of the coming recession in late February when it published its services purchasing managers’ index.

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