What Happened to the American Middle Class?

There’s one term you’re not likely to hear much in this presidential election cycle: middle class. Apparently the term is political kryptonite right now, especially since no one really knows what it means and most Americans don’t identify as middle class anymore: “In the 1960s, ‘middle class’ felt like it fit your lifestyle,” said Felicia […]

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Most Welfare Recipients Already Have Jobs?

In a recent report, it was found that most recipients of welfare have jobs. But those jobs just don’t pay enough for people to survive: The study found that 56% of federal and state dollars spent between 2009 and 2011 on welfare programs — including Medicaid, food stamps and the Earned Income Tax Credit — flowed to working […]

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Local San Francisco Bookstore Dies of Minimum Wage Hikes

We’ve said it over and over again. Minimum wage hikes will not do a thing to help anyone. They result in either higher prices or layoffs, but they hurt small, local businesses the most. It seems the first casualty confirming our fears has been tallied in über-liberal San Francisco. Borderlands Bookstore will be closing its […]

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Why is the Middle Class Evaporating?

If you listen to leftists and big-government stooges, the middle class is evaporating because of low minimum wage, greedy corporations, and tax-breaks for the rich. Which would indicate that, in order to grow the middle class, the civil government needs to get more involved. No one argues with the fact that the middle class drives […]

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Federal Reserve Blames Stagnant Economy on Money “Hoarding”

Inflation is not as high as it “should” be. In spite of the fact that the Federal Reserve has pumped $4.5 trillion dollars of non-existent money into the economy and has held its interest rates at zero percent for six years, money just isn’t moving around much. And the Federal Reserve thinks it knows why: […]

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Don’t Raise Minimum Wage, Just Fix the Currency

With all the talk about minimum wage, most people miss the real culprit for the rising cost of living: inflation. Does it really matter if you make $20 an hour, if every dollar you earn is worth ten cents? Of course not. Recently, some minimum wage workers in Philadelphia learned about the Federal Reserve. They […]

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Government Hiding Inflation Behind Gas Prices

Texas oil production is higher than it’s been since 1985. It has doubled in less than three years, and the boom doesn’t seem to be stopping anytime soon. Meanwhile, gas prices keep going up. Why? The most major reason is inflation. If you look at an inflation-adjusted curve for gasoline prices, you’ll notice that inflation-adjusted prices […]

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