Economics - The New American

Seattle’s Coming $15 Minimum Wage

What can be wrong with mandating that workers get paid more money? Interviews with small business owners in Seattle, where the minimum wage...

Clinton Alexander October 28, 2015

UN Dictators Club to Convene “World Humanitarian Summit”

William F. Jasper October 13, 2015

Yes, yet another UN summit, in this year of unending global summits, where globalists, the UN’s self-important corrupt bureaucrats, and some of the...

California’s “Equal Pay” Law Will Discourage Businesses, Encourage Lawyers

Bob Adelmann October 8, 2015

Come January, California's new “equal pay” law will serve nicely as additional incentive for more California companies to leave the state. ...

The Real Unemployment Picture

Charles Scaliger September 9, 2015

Where the state of the American economy is concerned, there are the official unemployment figures, and there are the real figures. Guess which...

Public Pension Plans Cut Rate of Return Targets; Still Not Enough

Bob Adelmann September 7, 2015

An underfunded pension plan can be compared to the welfare state in America: Beneficiaries are going to be sorely disappointed. ...

CBO Report on National Debt Paints Grim Picture

Steve Byas August 27, 2015

If Congress does not address the growing national debt, Congressional Budget Office Director Keith Hall warned, it will soon reach a "tipping point."...

Seattle’s Minimum-wage Increase Starting to Cost Jobs

Bob Adelmann August 13, 2015

Progressives in Seattle suffer from a blind spot — economic reality — that is causing exactly the opposite reaction to their new minimum-wage...

Social Security Disability Trust Fund Could Be Depleted by Late 2016

Bob Adelmann July 23, 2015

The Social Security and Medicare Board of Trustees stated that “Social Security’s Disability Insurance (DI) Trust Fund now faces an urgent threat of...

Texas Launches Gold-backed Bank, Challenging Federal Reserve

Alex Newman July 15, 2015

The State of Texas is setting up a gold-backed bank that will allow depositors to bypass the controversial Federal Reserve System and its...

Globalist Assault on Tax Competition Rouses Opposition

Alex Newman July 13, 2015

As part of what experts call a war on tax competition and low taxes, a coalition of high-tax governments from around the world...

Has the Federal Reserve Sold the Gold at Fort Knox?

Joe Wolverton, II, J.D. July 8, 2015

Is there gold at Fort Knox? Has the Federal Reserve sold it in order to manipulate the economy? An audit might answer these...

More Proof People Are Moving From High Tax States

Bob Adelmann June 26, 2015

Americans are exercising the freedom to move from high-tax, high-debt, Democrat-controlled states to more free ones. ...

U.S. Financial Outlook has “Worsened Dramatically”

Bob Adelmann June 17, 2015

In its just-released report “The 2015 Long-Term Budget Outlook,” the Congressional Budget Office stated bluntly that the long-term outlook for the federal budget...