When government royally botches a job program?

The median income in New York is $60,850 and the median income in New York City is $50,771. Assume the government of New York state decided to spend 53 million dollars to give as many people as they can an income of $50,000 for 3 years. If this were the case, New York would be able to guarantee 353 people 3 years of income with 53 million. Why 53 Million? 53 Million is the amount of taxpayer money spent just to promote New York’s job program, StartUP NY, across the country…

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Mexico Has the Leverage, Trump Can’t Win

So as I’ve mentioned before Donald Trump plans on imposing a 20% tax on Mexican imports in hopes to force Mexico to pay for a border wall. Trump is playing with fire and here is why. Trade Deficits 101 Trade deficits are the results of the United State buying more goods than it sells to a particular country. In theory, these can’t last forever as the deficit will cause your local currency (U.S. Dollar) to go down in value, which will make goods in the United States more appetizing to…

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3 Reasons Why a 20% Tax on Mexican Imports is a Bad Idea!

So Donald Trump has announced that to pay for building a wall on the Mexican border, he wants to impose a 20% tax on all Mexican imports. This is Donald Trump crossing a very bold and dangerous line less than week into his presidency. Here are three reasons it’s a bad idea: American consumers will suffer The result of a 20% tax on Mexican Imports will not only be the possibility of Mexican companies making less money, but also American Consumers paying more as prices increase to deal with the…

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5 Books Every Libertarian Should Read But Probably Hasn’t

It’s winter and in most places the weather makes staying inside an appetizing option versus going out in the cold and snow. There are many books most libertarians have read such as Economics in One Lesson, Atlas Shrugged, ┬áStranger in a Strange Land, and many more. Although there are several books that have been released that have very interesting insights and arguments released over the last few years that any libertarian should have in their arsenal. Check them out below.

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