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Labor

Trump Vows To End ‘Student Loans Scam’

President Trump has slammed the previous administration for “profiteering” on student loans, and has vowed to end the “student loans scam”.  In an interview with The Hill, Trump laid the blame on the student loan crisis firmly on the shoulders of the federal government – which he says will come to an end on his watch. “That’s probably one of the only things the government shouldn’t make money off. I think it’s terrible that one of the only profit centers we have is student loans,” he said.

Dear Bernie, Meet the "Big Mac ATM" That Will Replace All Of Your $15 Per Hour Fast Food Workers

Dear Bernie, Meet the "Big Mac ATM" That Will Replace All Of Your $15 Per Hour Fast Food Workers

Dear Bernie, as you continue in your never-ending "Fight for $15", we thought you might benefit from a simple example of how economics work in a real life, functioning, capitalistic society.  You see, Bernie, labor, much like your daily serving of crunchy granola, is just another "good" that businesses can choose to consume more or less of, depending on price.  And, just to be crystal clear, when the price of labor (i.e.

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