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…...
Economy
Wednesday, January 30, 2008
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…...
Tuesday, January 22, 2008
Retail Sales Up In December
Looks like Retail Sales were strong in December after all: The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for December, adjusted for…...
Bush Stealing Ideas From George McGovern?
It would seem as though this tax rebate idea being floated by Bush administration was tried once before...by George McGovern. Which doesn’t surprise me. This tax rebate isn’t tax relief,…...
Most Americans Unfazed By Stock Market Tumble
I’m not particularly surprised about this. KANSAS CITY, Missouri (Reuters) - Despite the market woes whipsawing Wall Street on Tuesday, the mood of many on Main Street was unfazed as…...
Bush Backing Down From Democrats On Earmarks?
Ugh... President Bush is unlikely to defy Congress on spending billions of dollars earmarked for pet projects, but he will probably insist that lawmakers provide more justification for such earmarks…...
Sunday, January 20, 2008
What Politicians Should Know Before the Regulate Businesses
They should know what it’s like to run a business. I guess this is old news, but it’s a great lesson that needs to be brought out. George McGovern laments…...
Saturday, January 19, 2008
Democrats Want To Give Tax Rebates To People Who Pay No, Or Very Little, In Taxes
Whenever liberals start carping about “tax cuts for the rich,” I respond by saying that with “the rich” paying nearly all of the taxes in this country it’s sort of…...
Tuesday, January 08, 2008
Sunday, January 06, 2008
The Middle Class Is Declining Because The Middle Class Is Getting Richer
Populists like John Edwards and Mike Huckabee like to talk about the “shrinking” or “declining middle class.” They use rhetoric about the “rich getting richer” while “the poor get poorer.”…...
Tuesday, December 25, 2007
With Christmas Not Even Over Yet, The Media Is Already Bad Mouthing The Economy
According to analysis performed by some of the nation’s largest credit card companies, retail sales were up 3.6% this holiday shopping season. Or 2.4% if you don’t include gasoline purchases…...
Thursday, November 29, 2007
Holy Economic Growth Batman!
The US economy grew at torrid 4.9% in 3rd quarter. I’m sure you heard that on the news. Robert108’s all over it on his Readers’ Blog. ...
Monday, November 26, 2007
The US Leads the World in Global Competitiveness
Sometimes I feel bad about treating these stories as breaking news. After all I’m sure this has been plastered ALL OVER THE MAINSTREAM MEDIA. The United States tops the overall…...
Saturday, November 24, 2007
The Experts Were Wrong Once Again
It seems that the ‘experts” were wrong again. Every year the news media makes some wild predictions about the Christmas shopping season and they get it wrong. Yesterday sales were…...
Friday, November 23, 2007
Exports Rock to the Weak Dollar!
Kiplinger (Subscription Required): Exports will buoy the 2008 economy. They’re expanding faster than imports and will generate half of the 1.5% to 2% growth we expect. That’s up from one-quarter…...
Tuesday, November 20, 2007
The Milt Friedman Choir?
Not exactly a catchy tune, but it’s certainly informative. (via Greg Mankiw) ...
Friday, November 16, 2007
What I Learned From The Democrat Debates
From James Pethokoukis at US News & World Report: 1) Massive tax hikes on the middle class are suddenly a big vote-getter. . . . 2) One of Bill Clinton’s…...
Thursday, November 15, 2007
Alaska Governor Sticks It To Oil Companies
It looks like Rob’s old showering buddy is getting a bit too greedy: JUNEAU—Leaders of the state Senate backed down Wednesday night and agreed to the major oil tax increase…...
Friday, November 09, 2007
Trade Deficit Falls on Import Rise
The lower dollar is boosting imports:EXPORTS(Stupid mistake on my part!) The U.S. trade deficit fell to the lowest level in 28 months as a falling dollar spurred U.S. exports to…...
Friday, November 02, 2007
The US Economy Sizzles!
I feel sorry for the doom and gloomers! Well, well, well … 166,000 new jobs. Twice the consensus view. Did somebody say Goldilocks? Did somebody say the greatest story never…...
Thursday, October 25, 2007
Good Times In the USA
Here’s some examples of our roaring economy you might have missed in the liberal media. In September 2007, the Bureau of Labor Statistics said 110,000 new jobs were created. For…...
Tuesday, October 16, 2007
Whose Business Is Executive Pay
The Financial Times of London: Most US corporate leaders believe chief executives are overpaid and do not provide value for money for their companies, according to a study that will…...
Friday, October 05, 2007
Job’s Report: Looking Good
Good: WASHINGTON (AP) - Job creation picked up in September and workers’ wages grew solidly, easing fears that the country was headed for recession. The unemployment rate edged up to…...
Wednesday, September 26, 2007
The UAW and GM Settle Strike
Weren’t we being told this would go on for months? DETROIT — The United Auto Workers and General Motors Corp. said Wednesday they have reached a tentative contract agreement that…...
Friday, September 21, 2007
Dubai Buys Stake in Nasdaq
Big Deal. In a complex set of transactions, Dubai is moving to acquire 19.9 percent of the Nasdaq in New York, placing the Arab government in an ownership position of…...
Sunday, September 16, 2007
Alan Greenspan on Spending
Good quote. Mr. Greenspan, who calls himself a “lifelong libertarian Republican,” writes that he advised the White House to veto some bills to curb “out-of-control” spending while the Republicans controlled…...
Friday, September 14, 2007
Free Market Loony Tunes
Courtesy of The Influence Peddler. ...
Wednesday, September 05, 2007
Since When Did We Become Afraid Of A Little Competition?
Zachary Karabell, writing in the Wall Street Journal: The recent outcry over poisonous pet food and the recall of lead-tainted toys sourced by Mattel in China proves one thing: We…...
Tuesday, August 07, 2007
You Gotta Accentuate the Negative
Newsbusters is reporting how differently the news media treated Fridays 280 point loss in the stock market with Mondays 286 point gain. As you can guess they accentuated the negative…...
Wednesday, July 25, 2007
Luxury Taxes Don’t Just Impact The Rich
David Hogberg has an article in Wall Street Journal’s Opinion Journal about luxury taxes, specifically the luxury tax Democrats are trying to levy against cigars to fund (it’s for the…...
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