While the U.S. Treasury says the National Debt is officially $23.3 trillion, economists say it’s much larger — at least $122 trillion, owing to all of the unfunded liabilities such as Social Security and Medicare.
Occupational licensure does little to enhance consumer safety but much to prevent those at the lowest rung of the economic ladder from improving their lot, according to a recent report from the Archbridge Institute.
According to the U.S. Department of Commerce American companies have repatriated more than a trillion dollars of their overseas profits since Trump’s “tax holiday” was announced in 2017.
After the New York Times criticized FedEx for allegedly not paying any taxes in 2018, FedEx founder Fred Smith challenged the Times’ management to a public debate.
Several recent news reports have noted that Latino-owned small businesses have been thriving under the economic policies implemented by the Trump administration.
As Millennials spend less on inexpensive items and spend their savings on things such as cars and houses over the next decade, this will have a major impact on the economy.
Two years ago, CNN was delighted that Target was going to increase employee wages. On Monday, CNN revealed that the wage increase was paid for by the employees themselves, many of whom have had their hours cut.
Employment levels in blue-collar jobs have been growing at their fastest rate in more than 30 years, with most of the growth taking place since Donald Trump took office.
New York City’s restaurants are cutting staff and hours or even closing outright as a result of the increase in the city’s minimum wage to $15 an hour.
NPR expected to show that Trump’s tariffs were costing consumers hundreds if not thousands of dollars. Imagine their surprise when they learned they aren’t.