Greece, Puerto Rico and Illinois Linked by Similarities

Before this year, nobody would have mentioned Greece, Puerto Rico and Illinois in the same breath. At one time they had little in common. Now they are linked by failed economies. The modern Greek state, which was established in 1830 following the war of independence from the Ottoman Empire, traces its roots to the civilization of Ancient Greece some 4,000 years ago. Illinois became the 21st State on Dec 03, 1818. As a result of the Spanish-American War, Puerto Rico was ceded... Read More

Are Unions Part of the Jobs Problem?

Trade unions are always proclaiming their mission is to save and create U.S. jobs. But if you have been paying attention to their actions, you would be hard pressed to see this philosophy in action. Jobs aren’t being created by unions — the opposite is occurring. That may explain why union membership has dropped to 6.6 percent of all workers, down from 35 percent in the mid-1950s. Even as the United States engages in important negotiations involving the Asia-Pacific... Read More