General Dynamics Awarded $644 Million Contract for DDG 51 Class Destroyer

March 31, 2016: The Navy awards General Dynamics Bath Iron Works a $644 million for construction of DDG 51 Class Destroyer. The awarded funding is for the planning and construction of…

March 31, 2016: The Navy awards General Dynamics Bath Iron Works a $644 million for construction of DDG 51 Class Destroyer. The awarded funding is for the planning and construction of...

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American Water Works To Acquire Scranton Sewer System

March 30, 2016: American Water Works Co, Inc continues its acquisition spree this time with its subsidiary Pennsylvania American Water acquiring…

March 30, 2016: American Water Works Co, Inc continues its acquisition spree this time with its subsidiary Pennsylvania American Water acquiring...

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California Gov Jerry Brown (D) Announces Deal to Raise Minimum Wage to $15/hr

California Gov Jerry Brown (D) announces deal to raise state's minimum wage to $15/hr (from current $10/hr), as expected.

Under the plan, minimum wage will rise to $10.50 per hour on January 1, 2017 for businesses with 25 or more employees, and then rises each year until reaching $15 per hour in 2022. This plan also recognizes the contributions of small businesses those with fewer than 25 employees to Californias economy and allows additional time for these employers to phase in the increases. The purpose of the plan is to increase the minimum wage over time, consistent with economic expansion, while providing safety valves known as off-ramps to pause wage hikes if negative economic or budgetary conditions emerge.

Minimum wage hikes do not work. That's not an opinion, that's a fact. Here's a lesson I did on the microeconomics of minimum wage hikes and what happens when the government decides to interfere in the private sector:

Oshkosh Awarded $430 Million Contract From U.S. Army

March 27, 2016: Oshkosh was awarded order to recapitalize family of heavy tactical vehicles valued at $430 million. Oshkosh Corporation company, will recapitalize 1,212 Family of Heavy Tactical Vehicles…

March 27, 2016: Oshkosh was awarded order to recapitalize family of heavy tactical vehicles valued at $430 million. Oshkosh Corporation company, will recapitalize 1,212 Family of Heavy Tactical Vehicles...

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