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.
Economy & Budget
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.
The debate over the health of the U.S. equity markets has ebbed and flowed for decades. In 2012, gloom was in ample evidence, with the Economist warning of “the endangered public company.” A year and a half later, we see Twitter making its debut in a stock market characterized by growing demand for new issues.
Our legal system is increasingly being manipulated to allow entities to threaten and bring frivolous lawsuits against legitimate businesses throughout Texas and the United States. We are seeing a huge increase in such suits in which a dubious claim is made that a business is using wireless technology in violation of a patent that had been purchased by a third party.