Debating Minimum Wage Tomorrow

I’ve changed my usually conservative mind on minimum wage and think it should be increased substantially. Wrote about that here. John McClaughry, founder and Vice More...

Wealthfare Cheats

Trotters in the Trough Threaten Relief Programs.

The Payroll Protection Program(PPP) is a pretty good idea, especially seeing how quickly it was thrown together and the partisan atmosphere that produced it. Money is lent to “small” emp More...

Live on WDEV

This afternoon (April 24)  at 1PM ET I'll be on WDEV (96.1 FM, 550 AM) in VT with Bill Sayre discussing how our federal system is working in addressing the C19 crisis. Appropriately the show is postponed from its usual morning slot because of Gov. Scott's news conference at which he More...

It’s Time for a $15 Minimum Wage – At Least

We Know It’s Deserved.

I’m economically conservative and a capitalist. Higher wages will tend to raise prices. There will be at least a marginal loss of job opportunities when paying very low wages is no longer an option. However, mini More...

Undeserved (and Useless) Rebates I Got

I just qualified for over $6000 of rebates which didn’t change my behavior in any way. You are paying me to do what I would’ve done anyway.

My old car had over 100,000 miles and was beginning to require frequent expensive repairs. Time for new wheels.

I decided to look at plug-in More...

Chinese View of US Tax Cut

Certainly the tax bill, which is now close to becoming law, is far from perfect. Just as certainly it has some things in it that needed to be done like lowering the industrialized world’s highest corporate tax rate, doubling the standard deduction for individuals, and wiping out many (but not eno More...

Teach a Person to Fish and…

We all know the Chinese proverb:

“You give a poor man a fish and you feed him for a day. You teach him to fish and you give him an occupation that will feed him for a lifetime.”

Elon Musk, founder of Tesla and SpaceX, thinks that robots will do all the More...

The World is Getting Fat

More than 10% of us are obese. That’s not “us” Americans; that’s “us” citizens of the world. According to a study funded by the Gates Foundation and published in The New England Journal of Medicine, the num More...

Is Border-Adjustment the Answer to Broken US Corporate Tax Structure?

The US corporate tax system combined with globalization turns free trade into unfair trade (see last post). Profits domestic companies make overseas are not taxed until they com More...

The US Corporate Tax Structure Is an Incentive to Send Jobs Abroad

The way the US currently taxes corporate income is toxic for American workers when coupled with globalization. It turns free trade, which I think is a good thing, into unfair trade. It is a bizarre structure which only its parents – lobbyists and those corporations which benefit from it – could l More...