purchasing power

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    Democratic congressional leadership failures.

    Democratic congressional leadership failures. The federal minimum wage rate, and all of sponsored Democrat congressional members proposals to modify that rate, are expressed as in terms of U.S. Dollars. The U.S dollar is not of a constant value; thus a minimum wage rate' value determined by and...
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    The next minimum wage rate bill

    The next minimum wage rate bill: The next U.S. Congressional bill to increase the federal minimum wage rate, should be the last minimum rate bill to be passed and enacted. That bill should set a targeted purchasing power value of no less than 125% of the minimum‘s Febuary-1968 value. The...
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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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