Category: Economics

Trump’s common sense food stamp rule: If you can work, you can’t collect.

Under the new rule, effective in April of next year, these waivers won’t be granted to areas with unemployment below 6 percent. And states will be far more limited in the geographical configurations they can request waivers for. These are entirely reasonable policies, and well within the range of discretion the statute grants to the executive branch.

Bloomberg touts taxing the poor: ‘Do you want to pander to those people?’

Former New York Mayor Michael R. Bloomberg, the latest entry in the Democratic presidential race, has argued in favor of taxing the poor.
As recently as last year, the billionaire media mogul made the case that higher taxes on the poor can force them to make better and healthier life choices.

Colleges struggle with soaring student demand for mental health counseling

On some campuses, the number of students seeking treatment has nearly doubled over the last five years while overall enrollment has remained relatively flat. The increase has been tied to reduced stigma around mental health, along with rising rates of depression and other disorders. Universities have expanded their mental health clinics, but the growth is often slow, and demand keeps surging.

Feds paid $1 Billion in Social Security benefits to individuals without Social Security numbers

The agency’s inspector general found errors in the government’s documentation for representative payees, otherwise known as individuals who receive retirement or disability payments on behalf of another person who is incapable of managing the benefits themselves.

The audit released Friday found thousands of cases where there was no SSN on file.

Study: 2020 Dem plans could eliminate 413,000 jobs

The tax hikes endorsed by many Democratic presidential candidates will eliminate up to 413,000 jobs, according to a new analysis.

Former vice president Joe Biden, Sen. Elizabeth Warren (D., Mass.), and other 2020 Democratic hopefuls have pledged to reverse President Donald Trump’s 2017 tax cuts and hike corporate tax rates to as high as 35 percent to fund expensive government programs.

Trump follows in Reagan’s footsteps confronting Communism

“President Trump has been very clear on identifying this ideology—Marxism, communism, socialism—as the thing we must name and try to prevent from spreading. And he did that including at the United Nations,”

Minnesota town forced to raise property taxes in wake of massive immigration overwhelming local schools

Taxpayers in the small town of Worthington, Minnesota hiked taxes to fund an expansion of their school district, since mass immigration has overwhelmed teachers, resources, and classrooms.

This week, Worthington taxpayers voted to approve an additional nearly $34 million in funds to expand the local school district, which has ballooned in class enrollment due to a massive influx of unchecked migration.

California conservatives leaving the state for ‘redder pastures’

Just over half of California’s registered voters have considered leaving the state, according to a UC Berkeley Institute of Governmental Studies poll conducted for the Los Angeles Times. Republicans were nearly three times as likely as their Democratic counterparts to seriously have considered moving — 40% compared with 14%, the poll found. Conservatives mentioned taxes and California’s political culture as a reason for leaving more frequently than they cited the state’s soaring housing costs.

Elizabeth Warren’s fake plan to pay for Medicare for All

It is one thing to attempt to spend projected savings, those mythical future funds that could possibly present themselves should everything go exactly according to plan. Warren, however, has gone the extra mile and predicated her plan on savings that the best evidence suggests will never occur at all. She is not counting on spending reductions that might take place given optimistic assumptions. She’s counting on savings that simply won’t happen, and then raising only enough money to finance the impossibly low cost that remains.

Now, as I said, this is, relatively speaking, a minor element of her plan—just a trillion dollars or so. Yet this one aspect is illustrative of her entire approach. It’s fake savings and fake revenue all the way down.