Saturday, August 8, 2015
Liberal Economics Casts an Ominous Shadow Over the Land
Home ownership rate has dropped to 63.4%, the lowest level since 1967. Moody's Investors Service downgraded Chicago's debt to Ba1, the junk level. Wal-Mart will penalize its higher-skilled employees to cope with increases in the minimum wage. In other words, raising minimum wage will only turn the country into a less skilled nation. In light of such disasters, Obama naturally comes out with a new idea to make things worse by by creating new regulations on financial advisers. One of the few bright lights in the darkened landscape of America is Wisconsin, where GOP Gov. Walker chose to reduce funding for public education.