Category Archives: economics
An Inconvenient Truth For Obamanomics
Liberals are cheering the latest drop in Unemployment numbers but they never seem to add the following graph of Labor Force Participation Rate (LFPR) in their news stories and blog posts. The LFPR is defined as the percentage of working … Continue reading
Why Are EEOC Charges So High?
The Equal Employment Opportunity Commission (EEOC) publishes data showing how many charges were filed annually and I’ve noticed something peculiar with this data. For those not familiar, these charges constitute the total number of claims filed with the EEOC for … Continue reading
Liberals Love To Fix Things
Or at least they love to TRY to fix things….. The latest episode of “Hi, we’re the Government and we’re here to help you” comes straight from the top, POTUS. “The president plans to exercise his executive authority on Thursday, … Continue reading
EV Car Sales Plunge
The following comment was post to a previous blog post about the poor sales of the Chevy Volt as compared to the Nissan Leaf: Well, technically that comment is true. People are still buying EV’s but the sales trend doesn’t … Continue reading
NPR Editing Mistake?
I listen to NPR twice a day (don’t ask, I have my reasons) and today I caught this gem that you won’t find easily on NPR’s website but here is a link. Morning Edition host David Greene was talking to … Continue reading
CBO Report Margin Of Error Is 100%
BREAKING – It is very difficult to model the world’s largest economy. I get it, Macroeconomics is hard. It’s hard not only because of the math and statistics but it’s hard because Macroeconomic models must attempt to model one of … Continue reading
The Budget Deficit Memory Hole
The Left appears very organized in the way they are presenting our fiscal situation and as expected, “journalists” are reprinting the talking points unchallenged. Have you missed it? Team Obama is trying to cast The One as a very austere … Continue reading
Jacob Lew Is Clueless
NPR’s Melissa Block recently had an interview with Treasury Secretary Jacob Lew and I’m amazed at how much the Treasury Secretary struggles with simple math. Here is the main quote from that interview where Ms. Block was asking if he … Continue reading
Real Income Inequality Solutions
If you watched Obama’s State of the Union speech (I didn’t) then you know he spent a lot of time talking about Income Inequality. If you think this is just a short term talking point then you haven’t been paying … Continue reading
War On Poverty Update
There seems to be a rallying cry of the Left this year to push the class warfare, income inequality memes and they are now claiming a renewed interest in the War on Poverty. Before we listen to the Elizabeth Warrens … Continue reading
A Stimulus Plan That Is Too Good To Be True
I think of the weirdest things when I am running. This just came to me and I’m surely missing something so please read through this and tell me why this won’t work. Problem Statement Companies legally avoid paying corporate taxes … Continue reading
What The Chevy Volt and Obamacare Teach Us
Some people are pointing to the recent failures of Obamacare as proof that disaster ensues when the Federal Government gets involved in the private industry and tries to counteract Free Market forces. You get no argument from me on that … Continue reading
A Bad Day For Unions
Liberal controlled Local and State governments are slowly waking up to the fact that sweetheart pension deals for their unions are bankrupting their cities and states. First we saw a ruling from a federal judge that states the city of … Continue reading
Blame Obamanomics
Today there was more bad news for the long termed unemployed who are still suffering from this supposed Obamanomics recovery. “More than 1 million people will see their extended unemployment benefits immediately cut off at the end of the month … Continue reading
Team Obama Fakes Jobs Report
Remember when Jack Welch said this? Unbelievable jobs numbers..these Chicago guys will do anything..can't debate so change numbers — Jack Welch (@jack_welch) October 5, 2012 Well he took a lot of heat over this and even though I was suspicious … Continue reading
Government Handouts Are Not Income
Leftists are getting to the end of ideas so they are attempting to redefine a very inconvenient truth – Decades of Liberal entitlements in an attempt to win the war on poverty have failed. Exhibit A – The Poverty rate … Continue reading
Kevyn Orr Schools NPR
There was an interesting Q&A on NPR’s All Things Considered the other day between NPR reporter Robert Siegel and Detroit Emergency Manager Kevyn Orr and it was quite obvious that these two gentlemen have two very different ways of characterizing … Continue reading
A Lesson In Capitalism For The DC City Council
The Washington DC city council recently decided to teach evil Wal-Mart a lesson. “D.C. lawmakers gave final approval Wednesday to a bill requiring some large retailers to pay their employees a 50 percent premium over the city’s minimum wage, a … Continue reading
Using BLS Data To Test The Income Inequality Theory
One of the favorite memes of the Left is Income Inequality. They tell us that over the recent years the wealthy, the top 10%, have seen their salaries increase by a greater margin than the poor, the bottom 10%. But … Continue reading
Leftist Economist Moves The Goalposts
Another Jobs report was issued by the Bureau of Labor Statistics and the Obamanomics recovery is still rolling along. Which means the US economy is stuck in neutral waiting for Obamacare to come and push us over the cliff. “Total … Continue reading