Serfdom, American Style

The worst thing about the latest Congressional Budget Office (CBO) report on the minimum wage is that it is not definitive. Raising the minimum wage will neither decimate jobs as its opponents contend, nor will it be the panacea for poverty that its supporters had hoped, leaving plenty for both sides to argue about. If the minimum wage was raised to $10.10 and indexed to inflation, it would likely lift 900,000 workers above the poverty threshold while eliminating about 500,000 jobs. An alternative proposal to raise the minimum wage to $9.00 without indexing would have a smaller impact. The key effects of the alternative proposals are summarized below.

John Podhoretz: An Exercise In Deception

By Joe Cereola
You can always count on Facebook for reliable links to misinformation. That's how I found John Podhoretz and his shockingly misleading opinion piece in today’s New York Post. Podhoretz doesn't like the Affordable Care Act (ACA), and he's been busy misinterpreting the latest Congressional Budget Office (CBO) report in an attempt to condemn the ACA. Saying that he misinterpreted the CBO report implies he attempted to be fair in his analysis, when in fact he quoted sections of the report out of context and neglected to mentions portions of the report that contradicted his opinion.