It is bad enough that the teenage unemployment rate is the highest among the age groups. But according to the Daily Caller, the Department of Labor has proposed regulations that will essentially destroy a generation of potential future farmers. The proposed new rules would prohibit children under the age of 18 from performing most farm [...]
An outrageous story from my state of Texas, which normally touts itself as being business-friendly: The state’s Cottage Food Law requires home bakers who sell their products to label their goods with name, address and a statement that the products were made in a kitchen not inspected by health authorities (obviously). But now the state’s [...]
Back in February, President Obama let businesses know what he thought. In a radio address rebuke he said, “If we make America the best place to do business, businesses should make their mark in America. They should set up shop here, and hire our workers, and pay decent wages and invest in the future of [...]
When Upton Sinclair penned The Jungle, he intended to paint a grotesque picture of the conditions in which the working class lived. Instead, readers saw a grotesque picture of the meatpacking industry and supported reform, which became the Pure Food and Drug Act of 1906. His retort: “I aimed at the heart and hit the [...]
According to President Obama, the Bush tax cuts, in particular the ones that went to the the wealthiest 2 percent of taxpayers, are to blame for the budget mess that we’re in. This statement comes as no surprise; in 2009, President Obama threatened to raise taxes on the wealthiest 2 percent by allowing their lower tax [...]
Today, several business groups, representing the spectrum of large to small enterprises across America, are convening in Washington to present their case. A highlight of the summit is a letter written by the U.S. Chamber of Commerce that is being presented to the President (See “Jobs for America: An Open Letter to the President of the [...]
According to the latest ADP jobs survey for June, the private sector’s contribution to the job market is smaller than expected. (See the WSJ article, “Private Sector Adds Few Jobs,”) Yep, looking at the bare-bones private sector, minus Census jobs (which do quite well of padding the employment numbers), the results are somewhat troubling. Large and medium-sized [...]
An interesting tidbit for today’s blog: An article appeared in today’s Wall Street Journal that does not bode well for small businesses. (See Emily Maltby’s “A Credit Crunch that Lingers.“) Fear of another banking crisis, complicated SBA loans, and what banks feel is pressure from regulators not to lend (among other factors) has put small business in a [...]
It just so happens that oddities are not only found at the circus. Under ObamaCare, a variety of puzzling disincentives exist pertaining to its requirements and their effect on small businesses. (For more information on how it works, read the new NCPA publication, Obama’s Tax on Job Creation.) First, businesses with 50 or more workers [...]