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The Unintended Consequences of Higher Wages for Fast Food Workers
The Service Employees International Union (SEIU) is engaged in a major campaign to increase membership by unionizing the employees of “fast food” restaurants. As part of this effort, it is providing staff, training, and funding for activists who are promoting an increase of the Federal Minimum Wage by either 50% or 100%. This increase would…
Understanding the Unemployment Numbers
Once a month the Bureau of Labor Statistics (BLS) publishes a report on the state of unemployment in the United States. The major news organizations scan through the report highlights looking for “the unemployment rate” so that they can announce it to their loyal audiences. The number which the BLS promotes as “official” unemployment rate…
20 Great Dividend Paying Stocks
#1 Omega Healthcare Investors Inc (OHI) Dividend Yield: 8.0% If you are new to investing in dividend paying stocks, then Omega Healthcare Investors, Inc. is one of the great stocks available on the market. Featuring a dividend growth streak of 15 years and a forward P/E ratio of 9.6, the real estate investment trust is…
Are Illegal Immigrants Hurting the US Economy? 3 Facts that may Surprise You
Jobs and Wages It is often said immigrants take US jobs away from US citizens and that their inexpensive labor suppresses wages. In actuality, the opposite is true. Economists have found that immigration does not lead to a sizeable decrease in wages, and may actually increase wages and lower prices in the aggregate. The reason…
10 Reasons To Wait To Go To College
Last year I graduated from the University of Connecticut with honors, two majors, and list of accolades. I performed well in college and I believe a significant reason was that I did not enroll until I was 24 years old. While everyone is an individual, waiting to go to college is for many young people…
15 Financial Tips before Becoming an Expat
1. Make a Realistic Budget before Moving There have been numerous individuals who have fallen in love with the idea of living and working abroad as an expat only to return home in less than a year due to financial issues. A common theme with many of these people is failing to make a realistic…

