While this should be no surprise to any rational non-establishment-teet-suckling economist, former McDonalds' CEO Ed Rensi exclaims, in a recent Forbes Op-Ed, that "a $15 minimum wage won’t spell the end of [fast-food brands].
The Equal Employment Opportunity Commission ( EEOC) filed a lawsuit this week claiming that the Mission hospital in North Carolina forced workers with religious objections to get flu shots and fired those who refused. According to Reuters: “The suit was filed in the U.S.
Authored by Project Chesapeake's Tom Chatham, via Alt-Market.com,
It has been said that history may not repeat but it sometimes rhymes. Just as the generals always seem to fight the last war people seem to prepare for the last depression. Times change and the mechanism that leads to misfortune changes with it. Looking at the past may not give us the clear answer to how to deal with the future but it can help us to determine what might happen and how to deal with it when the time comes.
Submitted by Kessler Companies
Output Gap Update - Q1 2016
Initial jobless claims continue to hover at 43 year lows, suggesting that everything is awesome in America - just ask President Obama. So why is US GDP not growing at 3.0%-plus as the 'models' would suggest? Simple - because job 'quality' matters and the chart below should slap that into the face of fiction-peddlers across the nation...
Surging minimum-wage employment amid plunging manufacturing jobs - now that is a legacy to be proud of.