WHO WE ARE GET INVOLVED SPREAD THE MESSAGE LPAC 2014

A Minimum Wage Disaster

By: Julian Hassan Did you know that the average fast food business only makes 3 percent annual profit? I certainly didn’t. The Heritage Foundation tells the story in a recent report on higher fast food wages: The Bureau of Labor [...]

Do we need the Export-Import Bank?

By: Colin Combs General Electric’s Chief Executive Jeff Immelt recently claimed that closing the Export-Import bank would mean that “we are basically making a statement as a country that we do not think that exports are [...]

No, Fewer Turnovers Won’t Prevent Minimum Wage Layoffs

By: Colin Combs On July 5th, Jared Bernstein wrote for the Washington Post that “No, raising the minimum wage doesn’t lead to layoffs”. He then proceeded to immediately contradict that statement by moving his goalpost over to saying that [...]

The Concept of Inflation

By: Colin Combs With recent data showing a sharp rise in consumer prices for the month of May, there has been a lot of discussion on price inflation over the past week, in spite of Janet Yellen’s attempt to dismiss this inflation as merely [...]

The Unseen of Student Loan Forgiveness

By: Colin Combs On Monday, President Obama signed an executive action to cap student loan payments at 10 percent of their monthly income until December 2015. This is continuing the trend of the government attempts at lifting “the burden of [...]

Airstrikes in Iraq: Remember that Thing Called Congress?

Guest Post By: Jake Tate “President Obama has authorized airstrikes in Iraq.” Does anyone else see something wrong with that headline? Not “The United States Government has…” or “With the approval of Congress the President [...]

Fuel on the Fire

By: Colin Combs It’s no secret that gas prices have been ridiculous. Everyone has been bemoaning them for quite a while now. Some understand this is a consequence of the state inflating the currency so the dollar buys less, while government [...]

Export Ban Marginally Decreased

By: Colin Combs Recently, the U.S. Department of Commerce’s Bureau of Industry and Security expanded its definition for acceptable forms of shale oil to be sold abroad to include a form of ultra-light oil known as “condensate”, which has [...]

Bang for the Buck

By: Colin Combs Last Friday, economics professor Tyler Cowen wrote in the New York Times that “the lack of major wars may be hurting economic growth". This isn’t the usual Keynesian argument of how war supposedly helps the economy by [...]

Michigan Minimum Wage Increased

By: Colin Combs Last Tuesday, Republican Gov. Rick Snyder signed a new bill into law that will increase the state’s hourly minimum wage from its current $7.40 until it reaches to $9.25 in 2018. The House voted 76-34 and the Senate voted [...]