In the past few days, three candidates who ran for the last Republican presidential nomination, including nominee Mitt Romney, have endorsed a higher minimum wage. Yahoo!Finance asks Mitt Romney Calls for Higher Minimum Wage. Does it Matter?Mitt Romney, the GOP presidential nominee in 2012, called on Republicans Friday to raise the minimum wage, going against the congressional leadership of his own party.Related Stories
WASHINGTON (AP) — As he prepares to announce a new wave of Cabinet and other senior posts, President Barack Obama is aiming to put a more diverse face on his administration — an image that was missing as he filled the first round of vacancies of his second term with a parade of white men. Obama is said to be looking at women, Latinos and openly g
Five years into the "recovery" and The Atlanta Fed thinks it's time to figure out where jobs come from (spoiler alert: there is no job tree). The Atlanta Fed has investigated trends in a variety of firm types to better understand why labor market progress continued to be slower than hoped for in 2013... the findings - when it comes to job creation, there is no simple solution. But Ben and Janet said?...
On Sunday, I explained the economic, strategic and political problems with Mitt Romney's plan to impose countervailing duties on Chinese imports in order to pressure China into changing its currency policies. Today, two news articles show that, only a week after its release, Romney's politically-motivated plan may already be backfiring. The WSJ explains:
We talked at some length about the issue of immigration and whether he had compromised his chances of winning more Hispanic votes in the general election by what he had done to win the nomination. His answers offered his perspective on how events had unfolded and how he perceived it at the time and later. Long before he announced his candidacy, he said, he had learned there was to be a meeting in Florida of Hispanic leaders:
Former GOP presidential nominee Mitt Romney said Friday he supports raising the minimum wage, splitting from many Republicans who have fought against an increase. Romney made his comments in an interview on MSNBC's "Morning Joe."
As mentioned, Mitt Romney released his big economic plan last week. Let me first say that there is a lot in the dictionary-length manifesto that I like, such as his calls for reducing the corporate income tax rate, passing pending FTAs, and enhancing domestic energy production. However (and you knew that there was a "however"), as I alluded to last Tuesday, one h