The Congressional Budget Office is a nonpartisan agency in the legislative branch that analyzes budget proposals put forward by members of Congress. Earlier this year, it evaluated the merits and drawbacks of a $15 an hour minimum wage. Firstly, the study looks at negative effects, specifically that of employment. The Continue Reading
Chirag Biswas
A trip to the Outer Banks – 6/27/21
Last week, I took a trip to Kill Devil Hills, on North Carolina’s coast. It was a very interesting trip, since in addition to the beach, we visited the Wright Brothers National Memorial, which documents the two brothers’ successful attempt to achieve powered flight in 1903. While going through the Continue Reading
The Gold Standard – An Interesting Topic
In this post, I wanted to touch upon an interesting topic in the world of finance: the gold standard, its use in the United States, and how the system ended in the 1970s. In simple terms, the gold standard is a system of monetary policy where a unit of currency Continue Reading
Thoughts on the COVID Stimulus Passed in March 2021
In March of this year, President Biden signed the American Rescue Plan, a massive 1.9 trillion dollar stimulus package into law, providing checks to millions of Americans, giving funding to vaccination efforts, and providing money to state governments and local communities. At the time, the country was recovering from COVID Continue Reading
A Research Report
A writeup I did on the minimum wage: https://drive.google.com/file/d/168920TG5evPDFybj68NVCWElDB8z33wb/view?usp=sharing
Thoughts on the Minimum Wage
Policymakers at the federal level are often concerned about inflation, and more recently inflation with reference to the minimum wage and its devaluation. At the state level, various minimum wages have been put into effect, ranging from reliance on the federal wage ($7.25 an hour) in states like North Carolina, Continue Reading
The American Rescue Plan: My Thoughts
A short presentation that I’m making about the 1.9 trillion dollar COVID-19 bill passed in March: Link to presentation
A Short Presentation
Something I came up with about the minimum wage: Wage Slideshow (1)