Economics
The Party Never Ends
It’s a great song by Robert Earl Keen … the road goes on forever and the party never ends. That in a nutshell is the bailout fever gripping DC and summed up well by NJ Congressman Scott Garrett. He tells Fox News why the crummy $500 check will do little to solve the big problem…
Read MoreThe End Of The World
If you listen to Chris Matthews and Jim Cramer you would think that 10% unemployment was the end of the economic world. The problem is we are not there now (although we could to be sure) and we have seen worse. This kind of hysteria helps no one and hurts many. PERSPECTIVE. httpv://www.youtube.com/watch?v=E01ou2JyqMM Ed Morrissey…
Read MoreHucksta!
Do you remember when I dedicated a full half hour to the “Aqua globe” … and then raised the discussion of who is the best TV huckster … Billy Mays or Vern “Shamwow” … well finally for those of us who consider this one of the greatest American art forms … huckstering … a web…
Read MoreFDR’s New Deal stifled economy for 15 years
So why did the Great Depression last for more than 15 years? In 2009, many think the United States could be in a 1929 situation, where the government has the opportunity to take action by spending more cash, or let the capitalist system loose, cutting taxes and letting the free market run. In the 1930s,…
Read MoreHealth Care Nanny State
As Ed Morrissey at Hot Air put it … he who pays the piper calls the tune and when it comes to universal health care the state … not you will call the tune and not just on health coverage but what you eat too. Exhibit number one … this post at Hot Air. The…
Read MoreFile a return … get an IOU
California is strapped for cash … so strapped … that instead of state tax refunds … folks may be getting an IOUs. Steve had already done a great post on that here. Now there’s video … courtesy of Neil Cavuto. Once again Neil brings some common sense to the situation. httpv://www.youtube.com/watch?v=LaMV8qyFrac
Read MoreLet The Government Take Care Of The Kids
so … the parents can buy other stuff. This folks is out of control. Parents abdicate … government controls … mindless Americans. This is from “This Week” … Cokie Roberts thinks we need to spend, spend, spend to get us out of the recession and the key is children’s healthcare. No, really. httpv://www.youtube.com/watch?v=mj9FfCWH6pQ
Read MoreThe Designer Bailout
OK, it’s officially out of control. Bizarre. CNN reporting on the Obama stimulus plan uses a designed retailer as an example of businesses looking for help from Washington. What makes this so bizarre is the owner is looking to the government to help her expand her retail business. The best part is right at the start. httpv://www.youtube.com/watch?v=PJVjfjWrnCs…
Read MoreIt’s Not Your Money – Part: Deux
Another great Cavuto moment. In the spirit of “It’s not your money”. Cavuto talks with Columnist David Sirota. Sarota thinks states should raise taxes on the wealthy right now so states won’t have to cut spending. Cavuto challenges Sarota asking him why is it, no matter what the economic situation, the answer is always “Feed…
Read MoreRaising the minimum wage making things worse
Back in August, I wrote about how raising the minimum wage can increase unemployment since government mandated wage increases puts a strain on small businesses, increases prices and deflates buying power. Today, Morrissey over at Hot Air brings us news of a new book written by a professor of economics and an associate director of…
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