Even the government’s best intentions usually result in unintended negative consequences, and the new minimum wage increases that went into effect on January 1 in 18 states and 19 localities are a prime example of that. The minimum wage hikes have resulted in massive layoffs and higher prices. Most recently, the national restaurant chain Red Robin has announced that it will be forced to eliminate busboys at all of its 570 restaurants to offset the labor increases resulting from the increased salary costs.

Increasing credit card debt, managed prudently, may be more reflective of a growing and increasingly vibrant economy rather than a warning signal.

The jobs reports are a "surface" indicator showing something much more profound taking place in the economy.

Not every state has gone crazy: 32 states didn't mandate increases in minimum wages this year.

Those Democrat voices are becoming tiresome as the economy continues to pick up speed.

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