Shocker: Government Tax Revenues Continue To Grow After The Bush Tax Cuts
So can we quit pretending that the Bush tax cuts created deficits and “cost” the government money and focus on the real problem with budget deficits? Which is, without a…...
Economy
Wednesday, April 30, 2008
Economy Grows Better Than Expected In First Quarter Of 2008
The rate of growth isn’t exactly going to blow anybody’s hair back, but the economy is growing. And faster than projected too. ...
Wednesday, April 23, 2008
New York Times To Hillary: Give Up And Let Us Crown Obama Already
The editorial board at the New York Times is clearly tired of the Democrat primary race and all the in-fighting it is creating. Clearly, they’re anxious to get back to…...
Monday, April 14, 2008
Retail Sales Strong In Quarter One 2008
This must be what a recession is like, NOT! Total sales for the January through March 2008 period were up 2.9 percent (±0.3%) from the same period a year ago.…...
Thursday, April 03, 2008
Unemployment Skyrockets!
That’s the big story in the media. The unemployment rate is skyrocketing! People are losing their jobs! We’re headed to a recession...according to experts and their predictions. What they’re saying…...
How the Subprime Crisis is *Surprise* Congresses Fault
Read the whole thing: Eventually, under Clinton, the CRA was renewed and, not surprisingly, made more punitive. Banks were required to make Subprime mortgage loans now too, or else suffer…...
Monday, March 31, 2008
The Great Depression
Drudge is reporting that a British newspaper is reporting that the US is in a depression. Food stamps are the symbol of poverty in the US. In the era of…...
Sunday, March 30, 2008
Learning To Love The Trade Deficit
Don Boudreaux: America’s trade deficit represents capital flowing into the U.S. True, some of this inflow finances Uncle Sam’s Eliot-Spitzer-party-like spending. But that spending is caused by reckless politicians, not…...
Thursday, March 20, 2008
Unlikely Economic Indicator: Burglaries Are Down Because Americans Don’t Need To Buy The Stuff
An interesting report from NPR: All Things Considered, March 11, 2008 · Burglary is one of the most ordinary of crimes. More than 2 million Americans are victims of burglary…...
Monday, March 17, 2008
The AP Misrepresents Retail Sales!
What a bunch of liars! Retail sales and the dollar plunge, while oil prices surge anew WASHINGTON — Oil hit a record high, the dollar sank again, and consumers stopped…...
Friday, March 07, 2008
Media Badly Mischaracterizes Jobs Report
The mainstream media painting a grimmer picture of our economic situation than is warranted? I’m shocked. It seems as though we never get anything but doom and gloom from the…...
Monday, March 03, 2008
Economic Differences Between Texas And Ohio Illustrate The Problems With Liberal Leadership
Barack Obama and Hillary Clinton are spending a lot of time on the campaign trail in the lead up votes in Texas and Ohio railing against free trade agreements and…...
Wolf Blitzer: Who Does A Bad Economy Benefit More? Republicans Or Democrats?
The answer, obviously, is Democrats. Which is why they, and their mouthpieces in the media, spend so much time trying to convince us that the economy is awful even to…...
Friday, February 22, 2008
“Energy Independence” Is Bunk
Steve Verdon: One of the things that annoys me is the periodic nonsense about becoming energy independent. This idea that we can “wean ourselves off of oil” is just utter…...
Sunday, February 17, 2008
Clinton, Obama Both Railing Against NAFTA
Obama’s opposition to NAFTA seems natural enough given the left’s trend toward economic isolationism and protectionism to please its union masters, but Hillary’s attempt to demagogue the trade agreement comes…...
McCain Says “No New Taxes”
And he didn’t tell us to read his lips, either. WASHINGTON - Republican John McCain says there will be no new taxes during his administration if he is elected president.…...
Wednesday, February 13, 2008
The Economic Stimulus Plan Is Really Just Economic Redistribution
John Stossel: The economy does seem to be slowing, and there was a net loss of jobs in January. The housing industry is sluggish and the credit market tight because…...
Obama’s Solution For Unemployment? Put ‘Em On The Government Payroll!
Yeah, that’ll work! JANESVILLE, Wis. - Democrat Barack Obama said Wednesday that as president he would spend $210 billion to create jobs in construction and environmental industries, as he tried…...
Tuesday, February 12, 2008
Senator Kent Conrad’s Budget Duplicity
Having decided to anoint himself a “budget hawk,” Senator Kent Conrad sees the time around when our President releases his annual budget as his time to shine. The funny thing…...
Democrat Swears Off Earmarks
The Club for Growth is pumped that Democrat Representative Henry Waxman has worn off earmarks. That’s all well and good, and I certain understand where the anti-earmarks people are coming…...
Monday, February 11, 2008
“Bad” Lenders Targeting Minorities?
Rep. Barney Frank wants to go after those nasty lenders who are forcing minority borrowers to take their loans. BOSTON (Reuters) - Growing scrutiny into subprime mortgages has failed to…...
The Middle Class Is Jumping Ship
Via Red Planet Cartoons, background here. ...
Friday, February 08, 2008
House Sends “Economic Stimulus” Bill To President’s Desk
Of course, it’s really not economic stimulus. It’s government checks being called “tax rebates” but being sent mostly to people who paid little or nothing in taxes to begin with.…...
Wednesday, February 06, 2008
Biased Headline Of The Day
Hey look everyone, those nasty Republicans are trying to keep the economy unstimulated! The Democrats are trying to stimulate the economy, the Republicans are blocking it. Now that’s a fair-and-balanced…...
Monday, February 04, 2008
Americans Are Better Off Than Anyone In Politics Or The Media Would Like To Admit
To hear the Lou Dobbses and Bill O’Reillys of the world--not to mention politicians ranging from Ron Paul to Hillary Clinton--the middle class of America (however you define that…...
Friday, February 01, 2008
Get Out The Pitchforks And Torches, Exxon Just Posted Another Record Quarterly Profit
This will supply a couple of months of populist talking points from liberal media mouthpieces and populist politicians like John Edwards and *ahem* Mike Huckabee. HOUSTON (AP) - Exxon Mobil…...
Wednesday, January 30, 2008
McCain: “Greedy People” On Wall Street Should Be “Punished” For Subprime Mortgages
So much for personal responsibility, supposedly a hallmark value of the Republican party. What bothers me about that comment is that it presumes the people getting hit by their crappy…...
US Representative Doesn’t Want To Give Puerto Rican “Foreigners” A Tax Rebate
Note to U.S. Representative Ginny Browne-Waite: Puerto Ricans aren’t exactly “foreign.” WASHINGTON - U.S. Rep. Ginny Brown-Waite touched a nerve with Puerto Ricans on Tuesday when she called them “foreign…...
Walter Williams Debunks the Stimulus Package
So clearly that a liberal should understand. There are three ways government can get the money for a stimulus package. It can tax, borrow or inflate the currency by printing…...
Friday, January 25, 2008
Economically Illiterate Paul Krugman Upset That Rebates Aren’t Going To People Who Don’t Pay Taxes
See, rather than a tax refund, Krugman would like to “stimulate the economy” by just sending out government checks to poor people. Sort of like what we’re already doing with…...
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