States Doubling Down To Make Pensions Solvent
There’s a betting strategy that is especially common to blackjack players: when you lose a hand, keep doubling your bet until you win. In theory, you are assured of not…...
Economy
Tuesday, March 09, 2010
Monday, February 22, 2010
Credit Card “Relief” Penalizes College-Aged Credit Seekers
As if establishing a solid line of credit weren’t hard enough, the Obama Administration’s sweeping credit card “relief” is imposing new restrictions on College students who are looking to register…...
Thursday, February 18, 2010
LA Op-Ed Calls For Federal Takeover Of States’ “Important Functions”
Harold Meyerson has an op-ed that ran in today’s Los Angeles Times in which he laments that states don’t get to run big deficits like the federal government. In charitably…...
Monday, February 15, 2010
Where Taxpayers Moved To (And Away From) In 2007-2008
The Fargo Forum ran an AP graph on Sunday documenting population changes in 2007 and 2008. The data was culled from IRS data and shows some interesting patterns. Alabama: Net…...
Friday, February 12, 2010
President Says He’s A “Fierce Advocate” For Free Markets; Evidence Says Otherwise
There’s a Businessweek interview excerpted on MSNBC in which the President defends his domestic policies as being pro-business. While his defense basically amounts to “it’s George Bush’s fault” and “don’t…...
Monday, February 08, 2010
The Party Of No Has A Plan
One of the big gripes from the Left about the Republican party is that they snipe from the sidelines but offer no plans of their own for addressing the problems…...
Tuesday, February 02, 2010
Middle Class Tax Cut Set To Expire Under New Budget
Lost in all the talk about taxing the “rich” (a definition of the word that sets income at $250,000 is way off, but that’s another subject) is the fact that…...
Friday, January 29, 2010
GDP Grows 5.7% in Q4
Good economic news. The economy grew at a faster-than-expected 5.7 percent pace in the fourth quarter, the quickest in more than six years, as businesses made less-aggressive cuts to inventories…...
Wednesday, January 20, 2010
Responding To Reader Email: Outsourcing And Term Limits
I received a rather heated email from a reader of my political writing on my blog that expressed a couple of things I thought I would answer publicly. I should…...
Monday, December 21, 2009
Obama’s Deficit Vs. Bush Deficit
President Obama has not proposed any spending cuts, except to order his appointees at the Pentagon to study and recommend cuts in military funding that would not take place until…...
Sunday, November 22, 2009
The Louisiana Purchase: Was Senator Landrieu Bribed to Vote For Cloture?
With an additional $100 million in suddenly-allocated federal funding to her home state, it sure looks like it. And Landrieu (D-LA) isn’t the only one getting kickbacks… Senator Lincoln (D-AR)…...
Friday, November 13, 2009
Obama’s October Deficit Is Larger Than the Deficit in the Entire Year of the Last Republican Budget
The last all Republic Budget was the fiscal year 2007 budget. That means it was passed by a Republican Congress And Signed by a Republican President. The deficit that year…...
Friday, November 06, 2009
Obamanomics: Unemployment over 10%
Obama has a gift you see. WASHINGTON – The unemployment rate has surpassed 10 percent for the first time since 1983 — and is likely to go higher. Nearly 16…...
Thursday, October 22, 2009
Saved Or Created? 49 States Have Lost Jobs Since Stimulus Plan Was Enacted
And guess what state is bucking the trend? You only get one guess. At the link you’ll see a chart comparing Obama’s projection of the jobs effect of the Stimulus…...
Monday, October 19, 2009
A Really Spiffy Real Time Debt Clock Plus
I thought that this site was really spiffy. It’s got a ton of data such as total debt, trade deficit, business and personal assets and much more. It’s worth a…...
Thursday, October 15, 2009
Obamamanomics: Foreclosures Worst In 3rd Quarter Ever
It’s not that we haven’t had bailout after bailout for the last 18 months. NEW YORK (CNNMoney.com)—Despite concerted government-led and lender-supported efforts to prevent foreclosures, the number of filings hit…...
Friday, October 02, 2009
Obamanomics: Unemployment 9.8%, Another Quarter Million Jobs Lost in September
Hoping for Change: WASHINGTON (Reuters) - U.S. employers cut a deeper-than-expected 263,000 jobs in September, lifting the unemployment rate to 9.8 percent, according to a government report on Friday that…...
Thursday, October 01, 2009
Extending Unemployment will have unintended Consequences
The high unemployment has states trying to get “Free” money. I’m going to sound harsh here, but let’s stop the extensions of Unemployment benefits. I have several friends who are…...
Thursday, September 24, 2009
AP Article About Teenage Unemployment Woes Fails to List Minimum Wage Hikes
Propaganda: FRESNO, Calif. — The Obama administration’s economic stimulus program to find jobs for thousands of teenagers this summer couldn’t overcome one of the bleakest job markets in more than…...
Cartoon from the cynical economist
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Monday, August 03, 2009
Obama Debt Watch: 192 Days: One Trillion Dollars Plus
According to the Bureau of Public Debt, Obama has racked up $1,042,374,300,592 in new debt since taking the oath of office on January 20 of this year. In comparison George…...
Sunday, August 02, 2009
A Bill Too Big To Pass
Think of it as the Mother of All Kidneystones Deliberative bodies, as all legislatures should be, should not be in the business of voting on measures they have not read…...
Friday, July 31, 2009
Recession Twice As Bad As Previously Reported
Oh my. The POR Economy fell twice as fast in the last twelve months than previously reported. Recession Worse Than Prior Estimates, Revisions Show (Update1) By Bob Willis Bloomberg July…...
Saturday, July 25, 2009
Congratulations, 94% of North Dakota workers: You just got a pay cut.
The news of a 70 cent per hour raise for workers earning minimum wage was the result of the clamoring of a fallacious argument that there are vast untold masses…...
Monday, July 20, 2009
On Second Thought, He’s Not So Sure…
Promoted to the Front Page from the Readers’ Blogs. Sign up for your own.
Heh.
“It looked so good on paper…”
”...now I’m not so sure.”...
Friday, July 17, 2009
Public Support for Nationalized Healthcare slips further
This post was promoted to the front page from the reader blogs. To get your own blog, click here. As reported here yesterday, public support for the Healthcare bill currently…...
Monday, July 13, 2009
Blue Enclave in Texas rejects Green Power
Heh. Them folks down in Austin, they’re all for the Green; until they have to pay greenbacks from their own wallets for it! Austin’s clean energy program costing more, selling…...
Geithner on Unemployment: “It’s Healthy!”
More hope and change: “Noting the rising unemployment, Geithner said what the economy “is going through is a very necessary and healthy adjustment as [Americans] go back to living within…...
Friday, July 03, 2009
Obamanomics: Worst Teen Employment Numbers for 44 Years
Hopin’ 4 Change: “The biggest problem [in the report] was that the summer job market for teenagers was nonexistent,” says Joel Naroff, of Naroff Economic Advisors, in a note. “The…...
Thursday, July 02, 2009
Survey Says: 3 Out of 4 Independents Say Obamanomics Suck
Not looking good for Team Obama: Only the youngest voters support him on fiscal policy, and only barely, 52%-46%. Every other age demographic above 30 years of age has majorities…...
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