While the U.S. Treasury did not label China as a currency manipulator this week, it did criticize the Chinese authorities for recently intervening in the foreign exchange market. However, the yuan–dollar exchange value has no effect on the U.S.–Chinese bilateral trade balance. This is because a lot has changed in … More
Is there anything the U.S. government doesn’t take taxpayer dollars to do? Here’s a lesser-known function of your hard-earned money: providing backing for people in other countries to buy things from America. Come again? Yes, that’s right. Let’s say Air China wants to purchase some Boeing jets. To encourage that … More
Republican Governor Mary Fallin signed a bill into law Monday banning minimum wage and employee benefit increases in Oklahoma cities. The bill declares “state preemption authority,” stipulating that “no municipality or other political subdivision of this state shall establish a mandatory minimum number of vacation or sick leave days, whether … More
Three Republican governors yesterday blasted President Barack Obama over changes to next year’s Medicare Advantage rates, writing in a letter that the Obama administration’s recent rate announcement was “little more than political theater.” While the administration says Medicare Advantage plans will get a slight pay bump next year, Govs. Rick … More
On Tuesday, we told the appalling story of Christian Stanfield, a 15-year-old kid with special needs who was, in effect, convicted of the crime of being bullied. After reviewing the trial transcript, it’s clear that convicting this helpless kid of disorderly conduct was criminally dumb. As first reported by Benswann.com, … More
How could it be that members of the fairer sex have managed to make such strides in the worlds of business, education and politics, yet still labor for only about three-fourths of the wages of their male counterparts? Put simply … it can’t.
If the Obama administration could be persuaded to delay parts of ObamaCare that hurt businesses and younger individuals... then it could certainly put off defunding a program that covers one-in-three American seniors.