Feb 15
In February 2014, the Congressional Budget Office (CBO) released an overlooked report on the “Labor Market Effects of the Affordable Care Act.” The Report provided updates of earlier estimates, and by February 2014 the CBO was able to draw on more accurate data than the CBO had cited in its earlier reports. CBO estimates that …
Feb 15
The chartmakers at “Political Calculations” have released a new graph showing “A Decade of Disappearing Teen Jobs” Political Calculations blame minimum wage laws for keeping teens from gainful employment. “As we see in the chart,” write the authors, “the practical effect of all the minimum wage hikes that occurred from 2007 through 2009 was to …
Feb 13
Trusters of government (including trusters of government living in America) point to Venezuela as a socialist paradise. But an expose’ posted on “Oxy” reveals that Venezuelans are now without basic medicines due to Venezuela’s policies of price controls, central planning, single-payer slave-plantation healthcare administration, and government-monopoly licensing.
Feb 08
Trusters of government often call for more regulations on businesses. Some government trusters believe that regulations dampen the greed and influence of Fortune 500 corporations and other big businesses. Unfortunately for them the data often conflict with this view. Business regulations invariably harm the smallest businesses and the poor while helping big businesses suppress their …
