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WAGE HIKES: Very few will gain

The federal government's decision to raise the minimum wage 11 percent is going to accomplish two very important things: (1) Low-income workers are going to get a little more cash in their pocket; and (2) those same workers are going to be fighting over fewer jobs.

It is simply the way our economic model works.


SPACE TRAVEL: It is time to start exploring again

It was 40 years ago this week that mankind made a giant leap forward and took a step on the moon. Since that time, our space program has seen triumph, tragedy and an array of magical sights. We have also learned so much.

And there is still more to learn.


TOLL ROADS: Dallas rates going up

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For folks living in and around Sulphur Springs, toll roads aren't really a big deal. But in the large Texas cities, toll roads are a vital part of the commuting process as residents spend a great deal of time and money traveling the various pay-as-you go roads.

In Dallas, the money part will soon go up.


STIMULUS MONEY: It was lost from the get-go

It's clear that the $787 billion economic stimulus bill hasn't created much stimulus. The unemployment rate is nearing 10 percent and the U.S. economy still wobbles on an almost daily basis.

So was the stimulus a complete and total flop? When you consider the stimulus came from a political process, the reality is that you can't label something a flop that never had a chance to work in the first place.


THE NEW GM: Long road ahead for troubled automaker

Fritz Henderson, the new CEO of the new General Motors, is saying all the right things as the automaker makes it way out of the bankruptcy desert. Words, however, only go so far. The key to GM profitability is strictly-tied to the rebuilding of consumer confidence.

Henderson says the new company will focus on making cars and trucks that consumers actually want to drive. He points to innovation as the new GM creed. And he promises the company will pay back the government loans.

It's good talk. Let's hope the action is just as good.

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