I was looking at the Twitterz again and saw a tweet showing a video of Obama at the PBS Town Hall in June of 2016. The former President spent a lot of time saying things, but it’s clear he had no idea what he was talking about.
Ever since the Tax Cuts and Jobs Act went into effect, the results have been very positive for most Americans, except for the wealthier people living in high tax states like New York, New Jersey, and California, and the elected Democrats in Washington.
Earlier this afternoon, I was taking the wife and our dog, Mason, on our daily drive. One of the things I noticed was the number of very visible “Help Wanted” signs in many of the business areas we passed.
The last few days have been a whirlwind, partly driven, believe it or not, by the Tax Cuts and Jobs Act of 2017.
The US House of Representatives passed the Republican plan to change the tax code much to the overly dramatic outcry of Democrats. No Democrat votes were in favor of a tax bill that actually gives a vast majority of taxpayers relief from their national tax liability.
US companies continue to see an increase in profits despite a grid locked Republican controlled Congress. Continue reading
The University of California- Berkeley, is learning about the effects of the minimum wage increases the hard way. Activists, social democratic economists, and even presidential candidates have claimed that such a boost in the minimum wage would benefit the economy.
Unless of course, you’re a college institution that has budget problems and need to let go a few hundred workers that maybe have to go someplace else to find similar work.
McDonald’s has recently announced a new store concept where traditional cashiers are being replaced by kiosks, not only to improve service, but to reduce labor costs.
Andy Pudzer, CEO of Hardee’s and Carl’s, Jr. franchises says, “With government driving up the cost of labor, it’s driving down the number of jobs,” Pudzer said. “This is the problem with Bernie Sanders and Hillary Clinton and progressives who push very hard to raise the minimum wage. Does it really help if Sally makes $3 more an hour if Suzie has no job?”
