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Right now, eager 18-year-olds from across the country are tweeting with bravado photos of their newly postered dorm rooms and scanning with private fear their freshmen class schedules. They're embarking on a journey to capture their piece of the American Dream.

You know the drill — we have a dysfunctional political system and a gridlocked Congress. The House is firmly in the grip of a band of Republican maniacs and the Senate, though technically Democratic, requires a virtually impossible filibuster-proof majority to get anything passed. So we should just

On the eve of a march to commemorate Dr. Martin Luther King’s “I have a dream” speech, labor and civil rights activists are calling on President Barack Obama to honor King with an executive order that would raise wages for as many as two million workers. One of the most poignant calls came Wednesday

Yesterday I wrote about why a tight labor market may not return any time soon to raise wages. But here's another scary thought: What if tight labor markets no longer push up wages like was once the case?

When Walmart broke the bad news to shareholders last week about declining same-store sales and cuts to their profit and sales projections, the company offered a glib explanation. "The retail environment was challenging," asserted Walmart Stores President and CEO Michael Duke. Company executives

The Cato Institute, a libertarian think tank, is pushing the idea that being poor and living on government benefits in America is actually living high on the hog.

When Walmart broke the bad news to shareholders last week about declining same-store sales and cuts to their profit and sales projections, the company offered a glib explanation. "The retail environment was challenging," asserted Walmart Stores President and CEO Michael Duke. Company executives

Until about the mid-1990s, debt was the exception, not the rule.

A tight labor market is the great conservative answer to the low-wage jobs crisis. If we can just get the economy booming again, the logic goes, wages will rise along with demand for low-skilled workers. Bill O'Reilly told me that earlier today, when I taped a segment at Fox on the economy. Of

With today's big higher ed speech, it's becoming clearer what President Obama's most important legacy may be: He could be the guy who finally stopped runaways costs for two of life's biggest necessities: healthcare and higher education. This would be a big deal, because -- quite apart from issues of