Category Archives: economics
The Chevy Volt – Unjustifiable At Any Cost
I have always wanted to do a Return on Investment (ROI) calculation on the Chevy Volt but was lacking details into the charging power required to replenish the batteries but now that has been provided to me. See the following … Continue reading
Romney Tax Plan Helps The Middle Class
There was a recent article in the Washington post that compared the Romney tax plan to the Obama tax plan and while the article was written to show how Obama’s plan is better from a Liberal worldview (punishing the successful … Continue reading
Liberal Motivations
More times than not, complex economic issues reduce down to motivations. It doesn’t matter whether you are talking about consumers or producers – It is important to understand the motivations of both if you hope to understand the market and … Continue reading
Bread Lines Can’t Be Far Behind
When a government thinks they can control the supply of goods better than the Free Market then supply shortages and price controls are sure to follow. We have seen throughout history when countries try to tinker with the Free Market … Continue reading
Socialism in the Old Testament
Chapter 31 of Genesis gives an amazing example of the evils of Socialism and what the Producers must eventually do to get out from under that oppression. This past Sunday, my preacher delivered a fascinating message today based on Genesis … Continue reading
Robert Reich – Ignorant or Evil?
Today on Marketplace Robert Reich, professor of public policy at the University of California, Berkley, weighed in on the idea that America turning into an ‘entitlement state’ or worse, ‘European style welfare system.” Mr. Reich’s full comments are pasted below … Continue reading
Lessons Learned From The Fall Of Communism
Janet Daley from The Telegraph wrote a great article a couple of days ago that everyone should read. This article gets to the heart of the income inequality/fairness meme currently being peddled by the Left and I’ve stated before that … Continue reading
Obama Owns It
Remember this date (03-FEB-12) because on this day Americans (and Conservatives in particular) got two pieces of good news that could have impacts for the 2012 election and our country going forward. First, the Bureau of Labor Statistics (BLS) issued … Continue reading
Academia Versus The Real World
Robert Reich teaches public policy at the University of California at Berkley and served as Secretary of Labor under Bill Clinton. He graduated from Dartmouth, was awarded a Rhodes Scholarship at Oxford and earned a Juris Doctor from Yale. So … Continue reading
Income Inequality Links
If you watched the Community Organizer in Chief give his State of the Union speech then you know what we are going to hear from the President for the next 10 months – Income Inequality and everyone paying their fair … Continue reading
New Jersey Validates The Laffer Curve
There was a story on NPR today that validates the much maligned Laffer Curve and this is a problem for Obama and the rest of his tax and spend Liberals. The Laffer Curve (shown below) states that the amount of … Continue reading
A Social Security Reform Plan
This is the first in a series of periodic investigations into so called “entitlement” programs which include Social Security, Welfare, Medicare, Medicaid and Unemployment Insurance. I hope to address each one in a separate post and answer such questions as … Continue reading
What Would Obama Be Saying Now?
Remember that Obama announced his plan to bring down Unemployment in September 2011 and called it the American Jobs Act (AJA). The AJA was really just a sequel to the Stimulus 2009 and the bill would not have helped unemployment … Continue reading
Eliminating the Penny
The Penny is one of the most useless items we have in America right now. Most stores have a jar at the cash register where you can place pennies that you get as change so that other customers can use … Continue reading
Economic Expectations and the 2012 Election
Obama will not win reelection if the US economy during the latter half of 2012 is similar to the economy we see now. I do not subscribe to the theory that Obama will win reelection by spouting the ‘do nothing … Continue reading
Payroll Tax Cut Comes Down to Philosophy
The latest battle in Congress is over the payroll tax cuts which are about to expire at the end of 2011. The payroll tax cuts are really a reduction in social security deductions from our paychecks (6.2% to 4.2%) and … Continue reading
The Future of US Manufacturing
Unless you’ve been living under a rock the past 20 years, you know that manufacturing in the United States has fallen. From this link, you can see that US manufacturing as a percent of GDP has fallen from a high … Continue reading
Measurable Goals For America
I pondered in a previous post how we would structure government expenditures if we were starting a new country. But let’s expand that thought experiment and ask – what are the measurable goals for our country? What are we striving … Continue reading
Socialism, Unions and Automobiles
No, this is not the title of a new comedy/parody about Occupy Wall Street. I heard two stories on NPR this evening on the drive home that struck me as examples of what is wrong with both Socialism and Unions … Continue reading
Income Inequality
If you are not familiar with these two words then you haven’t been watching the news the past 2 months or paid attention to the Occupy Wall Street (OWS) demonstrations. There is a new report from the Congressional Budget Office … Continue reading