Hailo allows people to request taxis via their smartphones, similar to Uber's ridesharing model. Hailo is a small positive step for the besieged taxi industry, but it may be too late to preserve the taxi cartels' undeserved power now that consumers have experienced the immense benefits of ridesharing.
This week marks the launch of Lean Together, a 221-page book that presents an economic agenda for women’s advancement. Hadley Heath Manning, IWF’s director of health policy, said: “The government is telling women that they are not capable of making a wide range of decisions." Stand up, be heard and do things for yourself is the message.
On August 28 the New York Times published a provocative article entitled “Medicare: Not Such a Budget Buster Anymore.” Its thesis was that Medicare no longer poses the budgetary threat it was projected to just a few years ago. However, the financial problems caused by rising Medicare spending are far from solved.
Bipartisanship in Washington is not quite dead. Republicans and Democrats both praised the Department of Energy's approval of two new liquid natural gas export projects. Speeding up exports would be a win for America and a win for Europe.
In their new release, the "2014 International Tax Competitiveness Index," Kyle Pomerleau and Andrew Lundeen of the Tax Foundation provide a holistic view of the 34 OECD countries' business tax systems. Their conclusion: in terms of its corporate tax rate, the United States has little to celebrate.
Now in his sixth year in office, President Obama has made it clear he is not interested in serious reform of the major spending programs that are causing, and will continue to cause in the future, so much fiscal distress for the federal government.
As we honor the memories of those who died on Sept. 11, 2001, we owe it to ourselves to prepare for future attacks. That means a strong defense and a budget that leaves us equipped for emergencies. Otherwise, another 9/11 could wreck the economy.
As those in Washington debate how to get the economy growing faster than an anemic two percent, they should be looking back to the sector of the economy that has been driving innovation—technology, epitomized by Silicon Valley. And what company is more synonymous with Silicon Valley than Apple?