Debt Ceiling Risks

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If you think the risks associated with a sovereign debt default are purely theoretical, read this: Rollover Risk — Ideating a U.S. Debt DefaultRead more

Where Do We Go from Here?

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By a 7-6 vote, the DC City-Council failed to override Mayor Gray’s veto of the super minimum wage bill, also known as the Wal-Mart bill. The $12.50 minimum wage for retailers with over $1 billion in sales and 75,000 square feet in the District will not become law. We should put this quickly behind us… Read more »Read more

Living Wage Veto Press Release

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Mayor Vincent Gray has vetoed the Large Retailer Accountability Act of 2013. At considerable personal political risk, Mayor Gray made a decision that is in the long term bests interests of the District’s workers.   Economic Growth DC Large Retailer Press ReleaseRead more

Additive Manufacturing in the District

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The dawn of a new era of manufacturing is upon us. Known as additive manufacturing, it uses 3D printers to construct complex objects out of basic materials. The District of Columbia is 68.3 square miles of densely packed urban life. It just doesn’t have the real estate to be a manufacturing center. But now, because… Read more »Read more

Decision Time on the Living Wage

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By Dave Oberting Council Chairman Phil Mendelson has transmitted the Living Wage bill to Mayor Gray for his signature or veto. We strongly urge a veto, not because it’s bad for business, which it is, but because the living wage is bad for low skill workers. In case you’ve been living under a rock for… Read more »Read more