Posts tagged inflation
Opinion: Union wants a second helping of nutso, corrupt Cali fast-food law
August 6, 2024 // Higher wages mean a higher bar of entry for kids looking for summer jobs and low-education adults looking for stable work. And higher prices for consumers already rocked by inflation. Sure seems like progressives don’t really care much about the little guy they allegedly stand up for.
Commentary: It’s the Side Hustle, Stupid
August 5, 2024 // These side hustlers are in addition to the millions of Americans who already earn all of our income as independent contractors. Many of us believe that this way of making a buck, with multiple streams of income, empowers us to avoid the kind of all-or-nothing layoffs that come with traditional jobs. Make no mistake: Having the ability to pick up a side hustle or go freelance is like a safety net in the back of many Americans’ minds. If, for whatever reason, we want or need to earn extra cash, we know this option exists.
Wealth creators stung by Michigan minimum wage ruling
August 2, 2024 // About 40% of Michigan restaurants could go bankrupt as this ruling takes effect, Rep. Noah Arbit, D-West Bloomfield, posted on social media: “40% of restaurants across Michigan could go out of business when the tip credit skyrockets,” Arbit wrote. “Thousands of servers will be laid off. I look forward to working w/ colleagues and partners on a fix that will not leave our beloved community restaurants on a cliff-edge this winter.”
Podcast: Rich Lowry with guest Vinnie Vernuccio; How Unions Are Failing American Workers
July 31, 2024 // National Review's Rich Lowry is joined by Vinnie Vernuccio, President of the Institute for the American Worker, to discuss how unions have reduced worker freedom, the underhanded tactics unions use to gain power and stifle dissenting voices, how the government enables unions, and how Americans can use free market principles to restore workers' rights and bring about positive labor reform.
Editorial: App delivery minimum wage is shutting out workers and NYC lefties don’t care
July 16, 2024 // The cost to consumers is skyrocketing: They spent 10% more on deliveries in Q1 of 2024 than over Q1 2023. Which means customers are tipping less — the average tip amount is down by $2.64. And while the fewer couriers still working are earning more per hour on paper (that’s true by definition when a wage floor is legally established), they are likely working much, much harder for that extra wage.
OPINION: Teamsters boss’ RNC speech reveals his precarious hold on members’ loyalty
July 11, 2024 // A March poll from Quinnipiac showed Biden with a mere 9-point lead among Michigan union households, a far cry from his 25-point lead there in 2020. The Teamsters union has had a front-row seat to this transformation. While the party affiliation and preferences of its members aren’t publicly available, the union represents a wide variety of working-class voters — the type of workers who have suffered greatly under Bidenomics, hit hard by soaring inflation and slow wage growth. On the other hand, these workers fondly remember the Trump boom years, which were the direct result of policies that the Teamsters’ leadership opposed, including the 2017 tax cuts and regulatory reforms that gave workers and job creators more freedom.
WISCONSIN: Unions respond to Act 10 decision
July 11, 2024 // The 2011 law created two categories of public workers — public safety employees, and general employees. The law prohibited unions representing general employees from collectively bargaining for any benefits outside of raises that would be capped to inflation. The judge ruled that the state Legislature did not have a "rational basis" for how it created those different categories, and the law is unconstitutional because of that.
COMMENTARY: If the Biden administration doesn’t think your job is good, it’s gone
July 9, 2024 // Biden’s Good Jobs Initiative lists examples of where good jobs can be found. Each example is rife with government use of taxpayer funds for government-directed projects, typically involving union labor. While some select recipients of taxpayer funds, including union leaders, may wholeheartedly support this initiative and lend political support to the Biden administration as a reward, it seems private sector businesses operating without government direction or union control are unworthy examples of good employment. The results of advancing the Good Jobs goals sound a lot like the rest of Bidenomics — higher inflation, fewer jobs, reduced economic dynamism, and a workforce increasingly uncertain about the future. People would be better served by leaders who respected workers’ pride in their jobs and focused on creating an economic environment that increases worker choice and flexibility to pursue their own definition of meaningful work and prosperity.
Samsung union kicks off three-day strike over unfair pay
July 8, 2024 // The President of the NSEU told Reuters “What we think is the most important for this strike is to disrupt production, so we’ve been mainly encouraging those working on the production line to join the strike so they can directly impact it.” Those hitting the picket lines include workers who oversee automated production lines and equipment. However, with just over 6,500 workers striking this week - about 5% of the entire workforce - Samsung says it does not expect to see a drop in production at a time when demand is booming for AI chips.
Who Loves Minimum Wage Laws? Kiosk Makers
July 3, 2024 // Average voters who might think they are helping downtrodden, exploited workers might mean well, but they should realize that they are actually enriching higher-skill workers (who don’t need the help as much), software developers, and people who own shares in ordering kiosk companies.