A major reason for the still-stalled seasonal economy is the lack of consumer spending, including persistent unemployment but also a lack of access to consumer credit.
Economy & Budget
The Budget Control Act has forced the Pentagon to seriously consider how to cut the fat for the first time in decades. But a new budget deal would put pork back on its plate.
What if we could create a program that would strengthen our tax base, make government spending more fiscally responsible and provide a powerful financial incentive to low-income workers? It sounds too good to be true.
Policymakers and taxpayers should be able to quickly answer some basic questions about federal spending, like how much did we spend, and who received our money?
America’s manufacturing sector is on the way back—and not a second too soon.
‘Tis the season . . . for shopping around tired arguments against debit swipe fee reforms.
It’s no surprise that the big banks and credit card companies don’t like reforms which put a stop to their price-fixed, price gouging on debit...
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).
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.