Economics

The pandemic clock chimes three: “We’re not in Kansas anymore”

By Bob MacGuffie | May 22, 2020 | Comments Off on The pandemic clock chimes three: “We’re not in Kansas anymore”

Two months ago we were governed with our consent (mostly). We had life, liberty and were pursuing happiness each in our own special way.

Ocasio-Cortez and her plan for the 70% tax rate bracket

By Steve McGough | January 16, 2019 |

Alexandria Ocasio-Cortez – Let’s take a close look at her plan to add a 70 percent tax bracket for those earning more than $10 million per year.

Stefanowski and the payday loan business

By Steve McGough | October 23, 2018 | Comments Off on Stefanowski and the payday loan business

There is a demand and need for the short-term, unsecured loan market. In Connecticut, these types of loans are illegal, but is the moral objection to these loans reasonable?

Trump budget increases Medicare funding $4 trillion in next decade

By Steve McGough | May 28, 2017 |

Trump’s proposed budget increases many social program budgets. The media and liberals keep telling you about “cuts.” Take a moment to learn about baseline budgeting.

Clinton actually tries to walk back her “businesses don’t create jobs” statement

By Steve McGough | October 28, 2014 |

Hilarity from Hillary. Really? Really? Hillary Clinton’s statement at the Elizabeth Warren event was clear as day. It was clear and concise, and now liberal news outlets are claiming she fumbled the line?

Billionaire USA families couldn’t cover one-fifth of Obama’s deficits

By Steve McGough | July 9, 2014 |

It’s time to bash the wealthy! News media love to tell the common people just how rich the top 1 percent are, letting us know what kind of stuff they own and remind us that most of them contribute to [evil] Republicans.

The value of a mortgage investment vs renting

By Steve McGough | May 16, 2014 |

Recently, we’ve seen multiple news stories suggesting buying a home and having a mortgage is not necessarily a good investment, and when making the decision to buy a home, you really should not consider it as an investment vehicle since your “rate of return” would suck. Why has this become a news-cycle theme all of a…

Does a higher minimum wage effect job stability?

By Steve McGough | March 26, 2014 |

Jim asked me to reference this article as he plans to discuss it on the big radio show this morning between 9 a.m. and noon on WTIC. The minimum wage has been a frequent topic here at RVO, and this story illustrates another – yet foreign – example.

Hinderaker: Obama is a liar of epic proportions

By Steve McGough | March 4, 2014 |

So true it seems. Our friend John Hinderaker over at Power Line reflects on the just-released Obama administration 2015 budget proposal and President Obama’s own comments concerning the budget at an elementary school in Washington, D.C. earlier today.

Minimum Wage… President Obama, where does the extra $3 come from?

By Steve McGough | March 3, 2014 |

It’s a very honest question, but my guess is nobody – not one person – will dare to ask President Obama when he arrives at my alma mater on Wednesday. When you arbitrarily increase the minimum wage one, two or three dollars per hour, where does the money come from? On Feb. 4, Gov. D.P.…