07.08.2014

Steel company paying fines rather than comply with Obamacare employer mandate?

By Robert Romano In 2010, when the Labor Department issued its interim final rule on employer-based health insurance , it was estimated that as many as 69 percent of the 149 million employer-covered market — some 102 million people — would not be grandfathered in under Obamacare. That is to say, these individuals would lose their existing coverage. Now, with the employer mandate arbitrarily delayed until 2015 and 2016 depending on the size […]

07.07.2014

What would happen if we treated food like Obamacare?

-By Brad Tidwell In recent debates about Obamacare, there’s been a theme pushed by many opposing the Hobby Lobby decision to not pay for certain kinds of birth control — #NotMyBossBusiness. The idea is businesses should not be able to make health care decisions for […]

07.07.2014

Obamacare’s part time economy

By Rick Manning The first week of July is normally a nice quiet news time, when the people can turn their thoughts toward vacation with family, fireworks, and fun.  Here are a few things that you might’ve missed. The unemployment rate headlines were joyous and Wall Street […]

06.26.2014

Economy dives 2.9 percent, Obama policies threaten recovery

By Rick Manning The monthly downward revisions of the nation’s economic growth show that instead of the originally reported .1 percent increase, the economy actually shrank by an annualized 2.9 percent in the first quarter of 2014.  A result that has economic forecasters running back to their […]

06.18.2014

Federal revenues and spending rise but no balanced budget

Monopoly Money

By Rick Manning The federal government released the good news that revenue collections have reached an all-time high with total receipts of $1.935 trillion from October 1, 2013 to the end of May. The federal government projects that total federal government revenues for the entire year will reach just slightly more than $3 […]

06.13.2014

Mother Jones shoots and misses at Dave Brat on Fannie, Freddie

By Robert Romano Formerly unknown congressional candidate Dave Brat has been in the headlines ever since he ousted soon-to-be former House Majority Leader Rep. Eric Cantor for Virginia’s 7th Congressional District Republican nomination. Now, Brat faces an even greater challenge in the general election. First up is […]

06.12.2014

About that weak first quarter growth

By Robert Romano In real terms, once adjusting for inflation, the U.S. economy in the first quarter contracted by 1 percent. According to the Bureau of Economic Analysis , the drop was fueled by “negative contributions from private inventory investment, exports, nonresidential fixed investment, state and local government spending, and residential fixed investment that […]

06.10.2014

IMF playing with fire on errant austerity claims

By Rick Manning “Playing with fire,” is how the International Monetary Fund’s chief economist, Oliver Blanchard characterized the United Kingdom’s budget cutting policies a year ago.  Today, the UK has the most robust economic growth of any of the G7 economies at 2.9 percent this year. This […]

06.06.2014

New report highlights need for Zero to Zero sugar policy

By Rick Manning Trade policy discussions often end up in debates between perceived winners and losers with big businesses anxious to enter new markets pushing for “free trade” and protectionists arguing to restrict foreign made products into the country. Agricultural trade policy is dramatically murkier with debates […]

06.04.2014

Help Wanted: One in six men aged 25-54 not working

By Tom Toth Five years into Obama’s presidency, the United States looks very different than it did in years past. Over 10.2 million American men between the ages of 25-54 — about seventeen percent of that age group — are not currently working. Two thirds of them have given […]

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