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Fiscal Cliff Deal not great, but it Shields Americans from Tax Hike

Sure, But what about your paycheck? In an op/ed by Mitch McConnell for Yahoo News, the Senate Republican Leader said that “Earlier this week, I helped negotiate an imperfect solution aimed at avoiding the so-called “fiscal cliff.” If I had my way taxes would not have gone up on anyone, but the unavoidable fact was […]

10 States Raise Minimum Wage

Good for the economy or not? Arizona, Colorado, Florida, Missouri, Montana, Ohio, Oregon, Rhode Island, Vermont and Washington all bumped up their minimum wages.  In all of the states except one, Rhode Island, the pay hikes are part of automatic adjustments designed to keep up with the cost of living. While on the surface, especially […]

Student Loan Debt on the Rise

…who needs college anyway? In a New York Times, Economix article Catherine Rampell explains how Americans have been getting better at paying off their debt in the last year, with a glaring exception: student loans. The article continues to show that consumer debt fell again in the third quarter and seems that this figure has […]

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