New York City’s $15 Minimum Wage Is Now Officially A Disaster

Authored by Jake Dima via NationalInterest.org, New York City’s $15 minimum wage, which began to take effect Dec. 31, 2018, was meant to bolster earnings and quality of life, but for a lot of residents, it’s doing the opposite… Democratic New York Gov. Andrew Cuomo signed legislation in 2016 to increase the New York York State’s minimum wage […]

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By 2024, All US Debt Issuance Will Go To Serve Interest Payments Alone

by Andrew Bieszad Earlier in 2019 I asserted that based on historical patterns, the current state of the economy suggests 2003-type patterns that lead up to the great crash of 2007-2008. I have been warning consistently that one should heed these patterns, and begin to make economic preparations. Having noted this, a report has recently come […]

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Delaney Challenges Sanders and Warren on Health Insurance: ‘We Don’t Have to…Be the Party of Subtraction’

(CNSNews.com) – Health care was the first issue raised at the CNN-hosted Democrat debate, where moderators cut off many candidates before they could finish their answers. Sen. Elizabeth Warren (D-Mass.), a candidate who wants to do away with private insurance in favor of “Medicare for All,” told the audience: “We are not about trying to […]

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“Holy Grail Of Indicators” Warns Of Economic Trouble For US Economy

Via Economic Cycle Research Institute (ECRI), The manufacturing PMIs have become the holy grail of indicators for many market participants. ECRI’s U.S. Leading Index of Manufacturing PMIs (USLIMPMI) anticipates cyclical shifts in the ISM and Markit manufacturing PMIs for the U.S. to a 2 2/3-year low in June and the Markit PMI fell to a nearly-ten-year low […]

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