purchasing power

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    Why a federal minimum wage law?

    Why a federal minimum wage law? There are libertarians and/or credible economists that continue arguing the justification of a minimum wage rate. Currently, all of the world's industrial nations have government laws similar to our federal minimum wage rate, or some quasi-government organization...
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    Democrats should immediately confront the minimum wage rate.

    Democrats regained the congressional House. Now they should immediately confront the federal minimum wage rate issue. I’m among those that advocate a minimum wage rate gradually increased to higher purchasing power and thereafter monitored and (when necessary to retain its targeted purchasing...
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    Trade balances effects upon their nation's GDPs.

    Excerpted from Wikipedia’s “Balance of Trade” article: “Trade balances effects upon their nation's GDPs. Exports directly contribute and imports directly reduce their nation's balance of trade (i.e. net exports). A trade surplus is positive net balance of trade, and a trade deficit is a...

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