Economy and Business

Job-Killing Tax Breaks

Job-Killing Tax Breaks

As the owner and general manager of two inns near Harvard University, I derive personal satisfaction and intellectual rewards from developing and running a successful small business.

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Attack of the Billionaires

Attack of the Billionaires

It was a total lockdown. As jet after jet swept in surreptitiously with top brass and political decision-makers on board, every entrance to the site of the super-secret Coachella Valley planning summit was secured and patrolled by armed guards and helicopters.

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Raw Trade Deals

Raw Trade Deals

After years of debate and delay, Congress finally passed those free-trade agreements with South Korea, Colombia, and Panama. There go 159,000 more jobs that we’re likely to lose to Seoul after the Korean deal goes into effect on March 15, according to the Economic Policy Institute. And 55,000 to Bogotá, after the Colombian pact becomes operative too.

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Costly Labor Scam

Costly Labor Scam

These days, companies often prefer to build factories in states where union protections are weak. This enables them to increase company profits at the expense of the middle class. Otherwise, they do it at the expense of the lower class by leaving the country altogether.

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The Real Social Security Crisis

The Real Social Security Crisis

In 2012, for the first time in three years, Social Security beneficiaries are getting a raise. The 3.6-percent boost will put an extra $42.59 a month in the average retiree’s pocket. As a result, the average retired American will now receive just over $1,200 a month in Social Security benefits.

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