Thursday, August 13, 2015
Time to Return to 7-Day Work Weeks
I am pleased to note that the Wisconsin GOP is loosening labor restrictions. After crushing the state's labor unions, this is the logical next step. Gov. Jindal (R. Louisiana) demonstrated his fiscal conservative credentials by cutting state spending/capita by 10% at a time when the national average was an increase of 8.5%. Unfortunately, the whole country is not governed by such principled conservatives. 60,000 corporations are shutting down every year partly due to high taxes. As San Francisco plans to raise its minimum wage to $15/hour, businesses are passing the additional cost to consumers. Finally, thanks to the Obama Maladministration, US's rank in economic freedom collapsed from 7th in 2008 to 12th.