There is a structure that lets workers own their companies and share in the capital. In 1997, Congress created these structures to eliminate traditional lines between management and owners and give workers “skin in the game.” As a result, more than 2,000 privately held “Subchapter S” corporations in the US are owned mostly – or entirely – by their workers through broad based employee stock ownership plans (S ESOPs).
Economy & Budget
People who are working full-time should earn enough to be able to make ends meet. This is a basic American value.
The payday lending industry has been in the spotlight for the past year, particularly as regulators turned attention to the world of short-term, small dollar credit. This attention is due in part to misguided criticism leveled by advocacy groups that often assert payday loan customers are harmed by the loans, and also regulators’ recognition that short-term credit products are in-demand and valued by borrowers.
From the rhetoric on cable news shows, one would never guess that Americans believe jobs are the nation’s number one concern.
Adelson, who said his “moral standards” compelled him to act, is launching an advocacy group, the Coalition To Stop Internet Gambling, to portray the activity as a threat to vulnerable populations such as low-income players and minors. Not only is he wrong, but his proposed ban would cause harm to the very groups he claims to want to protect.
A new study by the Bipartisan Policy Center Immigration Task Force found the evidence suggests that immigration reform can produce significant economic dividends for our country.
Last week, labor unions and their allies staged protests at quick service restaurant franchises, attempting to pressure companies to increase wages. Debates and public displays such as these can provoke strong emotional reactions, but these efforts do not change the fundamental facts surrounding how franchising works or the predictable unintended consequences of a higher minimum wage - less job opportunities for lower-skilled workers and slower economic growth.
Our farms don’t just produce food and fiber, but they also power our economy. Farms and ranches produced more than $390 billion in goods last year. Agriculture and related industries employ more than 21 million American workers.
Obamacare was not the only disastrous comprehensive reform bill passed when President Obama had control of both houses of Congress. Another was the Dodd-Frank Financial Reform Act.
Most members, including Republicans, in the House want to pass some kind of immigration reform.