Category Archives: economics
Oh Look, A Crystal Ball
When future Historians write about the demise of the United States, they will marvel at the vast evidence hiding in plain site that should have warned us about adopting destructive Leftist policies. England and Canada went down the path of … Continue reading
It’s Cliffs All The Way Down
I’ve been saying since October that it was in the best interest of our country for this Fiscal Cliff thing to happen. No compromises, no back room deals, no voting present, etc. Just let it happen. I’ll show how … Continue reading
How Much Is A Fair Share?
The Leftists will not give up on one of their election winning memes – ‘The Rich need to pay their fair share’ – and I’m getting tired of this lunacy. Blogger and Twitter superstar @IowaHawkBlog has shown how taking all … Continue reading
Manufacturing Jobs Aren’t Coming Back
The Manufacturing sector is near and dear to my heart but after spending over 20 years working in this space, I came to the conclusion a while ago that manufacturing jobs, as we have characterized them in the past, are … Continue reading
Heinlein Wisdom
In my youth I was a Science Fiction buff and couldn’t get enough of the likes of Asimov, Forward, Niven, Clarke and Heinlein but it wasn’t until recently that I came across a wonderful quote by Robert Heinlein that sums … Continue reading
Going Galt Lite
Sometimes you have to show tough love. For those of us with children, we can all appreciate the following scenario. You see your child about to do something stupid (like touch a hot stove) and you jump into action. You … Continue reading
This Is Why I Do Not Fear China
For several decades China has seen incredible GDP growth and the US has seen jobs shipped to the rising super power. This has prompted serious talk of China overtaking the US as the largest economy and talk of retribution, via … Continue reading
Government Scare Tactics
The Federal Government is a big believer in Rule #9 in Saul Alinsky’s Rules for Radicals which states: “The threat is usually more terrifying than the thing itself.” And it’s not just confined to Liberals either. I’m sure you remember … Continue reading
GDP Growth Rate And What It Means For The Election
The 3rd Quarter Gross Domestic Product (GDP) growth rate (2.0%) was announced today and as expected, the “growth” is anemic and completely in line with what we would expect from Obamanomics. Keep in mind that the economy should be booming … Continue reading
Austerity 101
Natural Born Conservative (@LarryMWalkerJR) has a great post explaining the economics of austerity and what effects Federal tax rates and Federal spending have on GDP and Debt. You should go read the whole post and see how Mr. Walker destroys … Continue reading
America Will Do The Right Thing
There are 5 weeks until the Presidential Elections in the United States and if you believe the Leftist Media and the poorly sampled polls, Romney doesn’t have a chance but I have faith in the American people to do the … Continue reading
Obamanomics Recovery Compared to a Free Market Recovery
History has shown that the magnitude of an economic recovery in the US is proportional to the severity of the preceding recession and it is well documented that the anemic Obamanomics recovery has deviated from this historical norm. But are … Continue reading
What Liberals Really Want (Part 2)
(See here for Part 1) If you ever doubted that true Leftist ideology was bad for America, then Katrina vanden Heuvel’s (@KatrinaNation) blog post last week in The Nation should remove any shred of doubt you had. Obama has been … Continue reading
Romney Was Right
A “secret” video surfaced this week and if you believe the Leftist media, you can go ahead and call the elections off in November, Obama will crush Romney! But I disagree and in my opinion, this video release will only … Continue reading
A Thought Experiment on Entitlement Programs
One of the topics during the 2012 Presidential election is entitlement spending and whether we need to reform these programs (Social Security, Medicare, Medicaid, Welfare, Food Stamps and Unemployment Insurance), keep them in their current state or expand them. In … Continue reading
Why Soaking The Rich Won’t Work
Obama and the Leftists are hitting the class warfare meme hard and trying to convince voters that the solution to our budget problems is making the wealthy pay their fair share. I’ve shown before how the wealthy are already paying … Continue reading
The Left’s Big Hate on Big Oil is a Big Farce
Think Progress had a recent blog post railing against the Left’s favorite target – Big Oil. “The top two corporations on the Fortune 500 Global ranking, Royal Dutch Shell and ExxonMobil, announced their 2012 second-quarter earnings today, bringing the profits … Continue reading
Krugman and the Luddites
The Nobel Prize winning economist and former Enron consultant Paul Krugman recently produced another hack job that shows he’s not interested in getting to the heart of problems but more interested in promoting the class warfare straw man that Obama … Continue reading
The Crux of the Election
The National, State and Local elections this November can be distilled down to a choice between one of two philosophies: 1 – You believe that individual Liberty, as manifested in entrepreneurship and innovation, drives wealth creation and provides the best means … Continue reading
The Real Impact of the Medical Device Tax
Medical Device companies didn’t “play ball” with Leftists when Obamacare was being rammed through Congress and for that reason, they were punished with a 2.3% device tax on any product they sell in the US. This Forbes article makes the … Continue reading