The Affordable Care Act (Obamacare) will cause a larger than-expected reduction in working hours—eliminating the equivalent of about 2.3 million workers in 2021. In 2011 it was estimated the law would cause a reduction of about 800,000 full-time equivalent workers. The reality is Obamacare will push the equivalent of about 2 million workers out of […]
US ranks behind Rwanda, Belarus, Azerbaijan in ease of creating new business, World Bank says. A new study by the World Bank and the International Finance Corp. found that the U.S. ranks well behind countries like Rwanda, Belarus and Azerbaijan in terms of how easy it is for an entrepreneur to start a new business. […]
There are 1,000 fewer jobs in western Michigan as a result of Obamacare, according to a report from Grand Valley State University. The report also affirms that companies are cutting hours for workers to avoid increases in healthcare expenditures. Professor Leslie Muller, one of the Professors who conducted the study, contends that it is difficult to […]
World economic freedom has reached record levels, according to the 2014 Index of Economic Freedom, released Tuesday by the Heritage Foundation and The Wall Street Journal. But after seven straight years of decline, the U.S. has dropped out of the top 10 most economically free countries. For 20 years, the index has measured a nation’s […]
Hearts in America are getting colder even faster than the weather is. Sometimes it is hard to believe how twisted and deranged many Americans have become. In order for a society to function efficiently, people need to be able to have a basic level of trust in one another. Unfortunately, we are rapidly getting to […]
The Obama Administration’s $5.8 trillion of big government deficit spending has caused the United States to suffer an “internal devaluation,” as American worker wages after inflation were forced down in each of the last five years. American competitiveness increased by over 10% due to worker sacrifices, but all the benefits flowed directly to corporate officers […]
While income inequality is spewing out of Obama’s mouth again. Conservatives should develop a message to counter the “race card,” “class warfare” message that we will hear all year long from President Obama and the Democrats. The first step is to go ahead and vote for the extended”unemployment benefits. It’s a small item, specially if […]
The Obama administration has been attacking the middle class with a vengeance, just a few years ago mortgage brokers have literally been legislated out of business by Democratic laws. Laws favoring bank loan officers, exempting them from disclosures and licensing, an industry of mortgage brokers that once originated more than 60% of mortgage loans, now […]
While many experts were encouraged by the 4.1 percent economic growth reported for the third quarter, James Rickards, portfolio manager for the West Shore Real Asset Income Fund, wasn’t one of them. “There is good reason to believe that the economy is heading for another recession soon, rather than the more robust growth economists keep […]
The number of people who bought existing U.S. homes in November declined for the third straight month. Higher mortgage rates have made home-buying more expensive, while the lingering effect of the October government shutdown might have deterred some sales. Home re-sales fell 4.3 percent to an annual rate of 4.90 million, the National Association of […]
