Peter Goodman: His Start-Up May Not Survive Trump’s Tariffs
A sourdough baker turned entrepreneur in North Carolina has delayed his new product as he contemplates the prospect that higher costs will doom his company.…
Thought Leader: Peter Goodman
Why Congress doesn’t deserve a pay raise
By Scott Walker (Washington Times)
“U.S. Rep. Alexandria Ocasio-Cortez (AOC) hasn’t even been in office for a year and she wants a pay increase. No, this isn’t the Onion. That is her actual position.
AOC defended her stance by saying: “There’s so much pressure to turn to lobbying firms and to cash in on members’ service after people leave, because of precisely of this issue. So it may be politically convenient and it may make you look good in the short term, for saying ‘oh, we’re not voting for pay increases,’ but we should be fighting for pay increases for every American worker.
“We should be fighting for a fifteen dollar minimum wage pegged to inflation so that everybody in the United States with a salary, with a wage gets a cost-of-living increase. Members of Congress, retail workers, everybody should get cost-of-living increases to account for the changes in our economy, and then when we don’t do that, it only increases the pressure on members to exploit loopholes like insider trading loopholes to make it on the backend.”’
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