Warning: Biden would boost pay but blow up small business
Thursday, January 21, 2021 |
Chris Woodward, Billy Davis (OneNewsNow.com)
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President Joe Biden will urge the Democrat-controlled Congress to more than double the federal minimum wage to $15 an hour, a push that is alarming some economists and lawmakers, and small business owners already struggling during the pandemic.
The current minimum wage is $7.25, which has remained unchanged for more than a decade since it was bumped up in July of 2009.
According to CNBC, the business news outlet, Biden is including the $15-per-hour push in the America Rescue Plan, the $1.9 trillion aid package that promises to address the COVID-19 pandemic.
18 Jan 2021
A group of “free-market and low-tax advocates” are urging House Republicans to back off plans to take antitrust action against Big Tech companies.
The
Washington Timesreported the “conservative activists” authored a 10-page letter to Republican U.S. Reps. Ken Buck (CO), Matt Gaetz (FL), and Andy Biggs (AZ) and it said in part:
We fear that today, both sides of the aisle are pushing for the weaponization of antitrust, either as a tool to punish corporate actors with whom they disagree or out of a presupposition that big is bad.
Unfortunately, the antitrust debate has begun to devolve into a litany of unrelated and often contradictory concerns, unsubstantiated and dismissive attacks, and seemingly a presumption that any market-related complaint that can be made on the internet can also be cured by the panacea of antitrust.
Will Trump s whole system get tossed?
Monday, January 11, 2021 |
Chris Woodward (OneNewsNow.com)
Spanish
As Joe Biden s supporters push for him to make changes as president, a resident scholar for a think tank founded to research, develop, and promote innovative and non-partisan solutions to today s public policy problems says the Democrat would do well to retain some of the Trump administration s policies.
Merrill Matthews, Ph.D. of the Texas-based Institute for Policy Innovation (IPI) says the biggest thing that should be retained is the tax reform legislation that passed in December 2017. That has been the big spur in the economy and why we got such good growth in the economy over the last few years, he notes.