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For some, it makes a big difference. I’ve been spitting out tax statistics that people have been shrugging off for years, but I had a revelation earlier today. It does not matter. It’s just another Symptom of the Disease.
As the President gets ready to propose yet another stimulus I thought it might be nice to review a centuries old retort to government spending as a solution to economic ills called “the broken window fallacy”. First proposed by 19th century Frederic Bastiat a French classical liberal theorist, political economist. It’s a short video but one worth watching and remembering…
This is a slick, highly effective ad by the Romney campaign. And should he get the nomination it’s clear he’s got the money to get his message out and that’s not good news for the Obama campaign. More than that I think this ad shows that the young president should take the unemployment situation in…
We have heard repeatedly from Washington and Hartford that it will take shared sacrifice to solve the fiscal problems facing our states and the nation. But somehow when it comes to the public sector shared sacrifice means taxing the private sector and at most “freezing” spending and reducing already generous benefits in the public sector.…
Well, there’s a shock. The new economist in chief at the White House, Austan Goolsbee tells ABC’s This Week, don’t look for unemployment to fall. Actually he also wouldn’t make any predictions about how many jobs the President’s new stimulus would create? In fact, he pretty much didn’t say much except, well, trust me, this…
I’ve been reading a bit about Milton Friedman, a Hoover Institution economist – not a politician – who past away in 2006. Conservatives can learn quite a bit from this great man. We need another conservative economic mentor for present-day, and maybe Dan Mitchell is that person?
His name is Mark Zandi, Moody’s chief economist, a well known Keynesian, and number cruncher (not advisor) to John McCain, says things look bad, reaaaaaaaal bad.
I have talked about this until I am blue in the face. But when I heard financial wizard and former actor, Wayne Rogers, put it all down in numbers, I just had to record and present. Those of you who have never run a business, never created a job, never met a payroll, never sweated…
There seems to be plenty of huffing and puffing from Los Angeles politicians as they beat their collective chests about banning travel to, and doing business in, Arizona. But will the politicians refuse to take energy – and water for that matter – from their neighbor state?
Democrats and union leaders assured everyone the TEA Party movement was pure astroturf and fake, funded by finance and insurance companies favoring Republicans. It was not true, and now Fox News reports a supposed grass-roots effort to bash the TEA Party movement is funded by unions.