The sad truth is you can work full time in America and not be able to meet your family's basic needs. A parent working full time at the federal minimum wage of $7.25 an hour earns $15,080 a year before taxes. That's $4,700 below the poverty level for a parent with two children.
It may be too late for the U.S. administration to salvage Crimea in the short term. But crafting an energy strategy that bolsters future geopolitical security for Europe and Ukraine would exploit the homemade crevasse in Putin's armor.
How you ask a question often decides a discussion. If you ask persons on the street whether they would prefer to increase taxes on the rich or cut tax subsidies for the rich, the chances are that you will get far different answers even though the economic effect is the same.
In the last 100 years, senators have held all-night sessions 35 times on everything from the Civil Rights Act to the Iraq War. This week, climate chan...
Come election time, they say that Americans traditionally vote pocketbook issues over foreign policy. In today's global economy, though, it is getting harder to distinguish the two.
Today, the Earth got a little hotter, and a little more crowded. Daily Climate Change: Global Map of Unusual Temperatures, Mar 13 2014 How unusua...
Income inequality has been growing in America, driven by technology, globalization and other factors. It's caused tensions between the haves and have-...
What does a victory for the Greed Agenda mean? It means a cheap labor force of poor, uneducated, untrained, underpaid, hungry, and an underclass of individuals so desperate for income they will take any scraps thrown in their direction.
Many veterans who return from active duty encounter a difficult transition to civilian life. They come back to a poor economy in which jobs are scarce. The WBDC discovered that there was only one program in the U.S. that provided women veterans with the tools they need to become successful entrepreneurs.
The financial nightmare that's been facing Chicago seems to be getting worse. Moody's Investor Services downgraded the city's credit rating on $8.3 b...
While the DMCA should remain undisturbed as a cornerstone of our thriving Internet economy, Congress can still shine a light on bad actors trying to snuff out competitors or lawful speech online.
Debate about raising the minimum wage is a hot topic, and the impact to small businesses is a sticking point in the argument. But what do real small businesses think about raising the wage?
It turns out our own devotion to liberty and international law only goes so far when somebody's profits and dividends and executive compensation are put at risk. Talk is cheap, but patriotism is expensive, as it turns out.
The total number of building permits issued across the U.S. in February 2014, represented a month-over-month decline of 6 percent after accounting for seasonal variability.
Today, women around the world are marking International Women's Day, a day to celebrate the social, political and economic achievements of women, while focusing attention on the many things we still need to do to achieve equality for women and girls.
Changes in the structure of the economy have led to a significant shift in the natural balance between savings and investment, causing a decline in the equilibrium or normal real rate of interest that is associated with full employment. In this situation, a temporary increase in fiscal stimulus reduces, rather than increases, the long-run debt-to-GDP ratio.Anything that stimulates demand will operate in a positive direction. Austerity is counterproductive unless it generates so much confidence that it is a net increaser of demand.