Page 11 - Ryan Bourne News Today

The Reality of American Manufacturing and Pandemic Resilience Contrary to conventional wisdom, there is little evidence of systemic weaknesses in the United States’ “industrial capabilities” (i.e., the ability to produce the goods that the country needs in times of war or other national emergency)—the metric that, along with access to similar capabilities abroad, the Department of Defense considers critical for national security. In fact, the U.S. manufacturing sector remains among the ...

Bernie Sanders closes in on $15 minimum wage Tyler Van Dyke © Provided by Washington Examiner Sen. Bernie Sanders has never been closer to achieving a $15 an hour federal minimum wage, with the Senate possibly voting on a budget reconciliation bill in the coming weeks. Sanders continued his push on Wednesday, calling the current $7.25 an hour "starvation wages." "The overwhelming majority of the American people understand that we must end starvation wages in America," Sanders...

The author of a new study on the impact of a $15 federal minimum wage on childcare costs said that the move will increase costs.

Dear Capitolisters, In the pantheon of right‐​leaning economists, there’s a front row seat for Stanford’s Thomas Sowell. For those of you who don’t know Dr. Sowell, who turned a spry 90 last year and is still going strong, I recommend this recent tribute to some of his most important work, as well as this brand new documentary on his life. For me, two specific Sowell quotes stand out when thinking about public policy and the intersection of politics and economics: When evalua...

Sanders Backs GOP Call for No Minimum Wage Hike During Pandemic Sen. Bernie Sanders (I-Vt.) backed a Republican amendment blocking the raising of the federal minimum wage to $15 an hour during the pandemic in Thursday’s late-night Senate “vote-a-rama” session, which involved consideration of multiple amendments to President Joe Biden’s $1.9 trillion pandemic relief bill. Following the nearly 15-hour long marathon session, the Senate approved a budget resolution early Friday morning, a p...

Economy struggled in January, with just 49,000 jobs added and unemployment down to 6.3% Print this article The economy added 49,000 jobs in the first month of the year, according to the Bureau of Labor Statistics, indicating the labor market is struggling to regain health and adding pressure on President Biden to negotiate additional federal relief. The unemployment rate fell 0.4 percentage points to 6.3%. Fridays report just barely met economists expectations and relayed the bad news that job...

Mixed views on fish markets closing Article by February 2, 2021 Some fishermen and fish vendors share different opinions on Government’s decision to close all fish markets when the country goes on lockdown from February 3 to 17. While some have expressed frustration and regret that they will not be allowed to ply their trade, others said they understood the reason behind the decision and were backing Mia Mottley 100 per cent. However, both sides agree that sales have incre...

Senate Democrats Introduce Bill to Raise National Minimum Wage to $15 An Hour A coalition of Democrat lawmakers introduced a bill on Tuesday that would raise the national minimum wage to $15 an hour. Sen. Michael Bennett (D-Colo.) and 37 other Democrat senators have put forward the Raise the Wage Act 2021 (pdf), which would raise the federal minimum wage in five increments to reach $15 per hour by 2025. The bill would also index the federal minimum wage to median wage growth starting in 2026, ...

Posted: Dec 23, 2020 8:00 AM NT | Last Updated: December 23, 2020 Kids in the neighbourhood around Exeter Avenue in St. Johns took up a sock drive for the Gathering Place. Back row: Sloan Green, Amelia Bazeley, Erin Crane, Anna Blackwood and Tessa Green. Front row: Abby Laechelin and Molly Bazeley.(Submitted by Lisa Crane) At the Gathering Place, hundreds of people drop by each day to get a little help: a hot meal, some clothes or a safe place to sleep. But as more people pour in during the hol...

The Books We Read in 2020 SHARE The Wall Street Journal asked people of some prominence to name the best books they read in 2020. So I asked my colleagues. Honestly, I like this list better. Of course, we all recommend the books Cato published this year. But we read more widely, and here are some of our favorites: The Little House By Virginia Lee Burton - This childrens story tracks our heroine—a well-built, 19th-century country home enjoying the stars at night and the changing seasons�...