Mark J. Perry is concurrently a scholar at AEI and a professor of economics and finance at the University of Michigan's Flint campus. He is best known as the creator and editor of the popular economics blog Carpe Diem. At AEI, Perry writes about economic and financial issues for American.com and the AEIdeas blog.
It would be easy to look at the dramatic 35% increase in America's oil and natural gas production since President Obama took office and think the administration deserves much of the credit. But the energy boom has happened in spite of him.
Just how effective America’s economic sanctions against Russia become will depend in some measure on what the United States does to remove an obsolete law that threatens to stall domestic oil production at the very time when we need to strengthen our energy position in the world.
April 8 is "Equal Pay Day," an annual event to raise awareness regarding the so-called gender wage gap. As President Obama said in the State of the Union address, women "still make 77 cents for every dollar a man earns," a claim echoed by the National Committee on Pay Equity, the American Association of University Women and other progressive groups.
Progressives are practically united in supporting an increase in the national minimum wage. The only disagreement is by how much: President Obama proposes raising the national minimum wage by almost 40% over the next few years to $10.10 per hour and indexing it to inflation thereafter.