Tag Archives: President Obama

Is minimum wage increase at this time harmful to the economy?

The last time the federal minimum wage was raised to $7.25 to all covered and non-exempt workers was in 2009.  Given the current average hourly wage of $20 President Obama is proposing a moderate hourly minimum wage increase of $9 … Read More

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The Job problem and the American Job Act of 2011

President Obama has proposed the American Job Act of 2011 that includes tax cuts for workers and businesses and a public investment program for infrastructure projects around the country. The proposed Act provides tax incentives for employers to hire more … Read More

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A compromise by Obama on tax cuts

 It seems that Democrats in Congress are their own worst enemies. Now that Obama has compromised with the Republicans on the tax cuts, and in the process he got other cuts which will provide additional benefits to the middle class, … Read More

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