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New Report Shows Outsourcing Fears Misplaced
While fears of “outsourcing” continue to make headlines, the facts show there is no “giant sucking sound” resulting from dollars fleeing the United States to be invested in other countries. Outsourcing occurs when companies close facilities in the United States and invest in new operations in other countries. Some people believe that the ability of people to invest anywhere in the world is bad for the United States, since jobs will be outsourced to low-wage countries. IN FACT, THE OPPOSITE IS TRUE. CONTINUE READING WHY >> | ||||
Tales of Red Tape #34: FDA Invades Piggly Wiggly
Today we examine a proposed regulation that would require some 47,000 grocery stores nationwide to post calorie and other nutrition information each day for the ever-changing array of foods prepared on site, such as the salads, dips, and tropical whips so common to the deli case. Details about the rule have been published in the Federal Register (Vol. 76, No. 66) under the entry titled “Nutrition Labeling of Standard Menu Items at Chain Restaurants.” | ||||
Senate Flood Insurance Compromise Will Reduce Taxpayer Cost of Disasters
Further scrambling to pay for transportation projects and the subsidized student loan interest rate freeze, Congress is now debating to add a five-year flood insurance extension to the burgeoning bill. Revenue gained from higher premiums to the National Flood Insurance Program (NFIP) should begin to repay the $17.5 billion the program owes to taxpayers—not to pay for more spending. A related Senate measure under consideration, however, would help protect taxpayers from bearing a yet larger burden. CONTINUE READING >> | ||||
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