Hilary Clinton gave a speech to the New America Foundation recently, touting economic growth.
The potential 2016 Democratic candidate referenced her husband, Bill Clinton’s time in office to demonstrate job creation and growth.
Clinton also complimented Barack Obama’s “work and strong leadership” in turning the economy around.
Image by Chatham House via Wikimedia Commons.
According to data released by Paychex and IHS, there is no clear evidence to prove that a raised minimum wage kills jobs. In fact, the opposite trend is occurring.
San Francisco, which has one of the highest minimum wages in the United States at $10.74 an hour, has faster job growth than any other major U.S. city. Washington is another example of this, with the highest state minimum wage, but the quickest job growth acceleration.
Image by Annette Bernhardt via Wikimedia Commons.
According to the United States Labor Department, producer price index rose 0.6% . This is the largest increase in nearly two years.
The increase in PPI is an indicator of pressure on price, meaning inflation may occur if the trend continues.
Image by Lawrencekhoo via Wikimedia Commons.
The United States Treasury Department released a report stating that the country posted a $107 billion budget surplus in the month of April.
This year, the government has a deficit of $306 billion, but reports state that the government is on track to narrow that deficit.
Budget surpluses are common in April, as households must meet their tax deadlines.
Image by MohitSingh via Wikimedia Commons.
