The Taxpayers Bailed Out Yellow Trucking. It Went Bankrupt Anyway.
The Trump administration doled out $700 million in CARES “loans” to trucking firm Yellow. Now Yellow has gone bankrupt, and the taxpayers may foot the bill.
The Trump administration doled out $700 million in CARES “loans” to trucking firm Yellow. Now Yellow has gone bankrupt, and the taxpayers may foot the bill.
Dr. Terrell discusses the impacts of price controls, occupational licensure, the FDA, and more.
There is no clear basis in economics, ethics, efficiency, or fairness for Minimum Wage Laws.
Inflation did not benefit the poor; wages lagged behind the rise in prices during inflations, especially behind agricultural prices.
One of the biggest problems of Biden's neo-Keynesian approach to government budgets is that it leaves households with less money in real terms and the “anti-inflation” measures increase debt and inflation.
As government weight in the economy rises faster, technical recessions may not appear in the official data, but citizens suffer it, nevertheless.
The State of California is trying to create workers councils that will set labor policies for fast food restaurants. This will not end well.