Minimum Wage Hike Will Hurt Poor, Young, Minorities

By Arthur B. Laffer and Andy Puzder, Investor’s Business Daily

Rep. George Miller, D-Calif., and Sen. Tom Harkin, D-Iowa, have introduced a bill in the House and Senate that would raise the federal minimum wage by 39% over the next two years to $10.10 per hour from today’s $7.25 and then index that wage to consumer prices.

Rise of the machines: Robots on the factory floor

By Philip LeBeau, CNBC

Life for small manufacturers has never been easy. Thin margins, battling the trend toward cheaper offshore operations and trying to keep up with the latest technologies are just a few issues mom-and-pop manufacturers have been wrestling with for the last 20 years.

New Study: Unemployment Benefits Weaken Economy

By Lachlan Markay, The Washington Free Beacon

New academic research released last week showing that extending unemployment benefits is a net economic drag could strengthen the conservative case against extending those benefits at the federal level.

North Carolina Cut Jobless Benefits and the Sky Didn’t Fall

By Diana Furchtgott-Roth, Politico

As the House of Representatives ponders whether to follow the Senate’s example and extend unemployment benefits, members might want to consider the case of North Carolina, where employment has increased and unemployment has declined from 8.8 percent to 7.4 percent in the five months following dramatic cuts in the state’s unemployment benefits.