Economics

More demands by Democrats for a higher minimum wage (yawn…)

By Steve McGough | July 30, 2012 |

Hey, it’s an election year … why not. Late last week 100 House Democrats all got together and introduced legislation to increase the minimum wage. We’ve documented the ridiculousness of increasing the minimum wage here at RVO for years, so we’re just going to point out the obvious.

Breaking: 2nd Quarter United States GDP 1.5%

By Steve McGough | July 27, 2012 |

Not good for the Obama campaign at all.

Alan Greenspan to Larry Kudlow: No the stimulus did not help. Actually it hurt

By Jim Vicevich | July 17, 2012 |

This is from last week but so many of you have requested it that i decided to post the video. Say what you want about Greenspan’s easy money policies, he’s a number cruncher and all he is doing here is bean counting … and the final tally is?

United Nations wants a billionaire tax … to line their corrupt pockets

By Steve McGough | July 6, 2012 |

The vast majority of multi-millionaires and billionaires around the world are extremely generous with their wealth. Find me one, well-known millionaire or billionaire that does not have their own charitable foundation or does not support various causes with big dollars. The problem for the corrupto-crats at the United Nations is not enough cash is passing…

Strike three for “Recovery Summer” – June 2012 jobs report

By Steve McGough | July 6, 2012 |

We are not heading in the right direction. Supporters of President Obama’s economic policies have been brainwashed, and the brainwashing started YEARS ago when they were told … the federal government is here to help you. The most terrifying eight words you can string together.

Summer of Recovery

By TomTGRWolcott | June 24, 2012 |

Just two short years ago, seems longer to me, the Obama administration hailed that it was to be “The Summer of Recovery”.   The stimulus bill was passed by congress, both the house and senate, of course it was alL under the control of the Democrats. WILD and EXOTIC claims were made that this new law would…

State of Connecticut Not Better after Tax Hikes

By TomTGRWolcott | June 24, 2012 |

I am amazed that the lights are still on here in the great state of Connecticut.  What even amazes me more is that this state after the largest tax increase in history by the Malloy Administration has still resulted in a deficit.

More State Money in Exchange for Jobs?

By TomTGRWolcott | June 24, 2012 |

In a lesson taught to me two years ago by the Sound Off Sister regarding profits, I was told thatPROFITS are not EVIL … that is the goal of any business owner, to make money.  When Businesses make money it means that a business has money to spend.  That money can be spent in a number…

Karl Rove takes Juan Williams to task on Romney economic plan: Video added

By Jim Vicevich | June 18, 2012 |

Push back … and great video entertainment for the day. It’s time the lefty talking points get smacked down and Rove obliged. On Fox  News Sunday Juan Williams tried to make a claim that first Romney had no economic plan while at the same time claiming Romney’s plan just wanted to cut taxes for the…

Responsibility for the middle class wealth crash

By Dimsdale | June 15, 2012 |

If you’ve been here a while, you may recall that I posted an article called “Responsibility for the national debt part deux: control of the purse strings of Congress is the real determinant”, which demonstrated that the truest indicator for the economic health of the country is which party is in control of Congress.  It…