California struggles these days. In some segments of their workforce, like agriculture, they’ve had nearly 40% unemployment. Part of the problem California faces is pie-in-the-sky environmental and tax burdens while simultaneously hoping businesses will stay in the hostile climate. Businesses are leaving. Why? Global Warming laws like AB 32 are making it hard to do [...]
Your Christie fix is here. It isn’t until the interview is over that you realize he has shredded the stimulus, Obama, Corzine, unions, and Socialism. And he does it mainly by defending capitalism. When asked whether more federal spending would help, he quips that we have been printing money since Day 1 of the Obama [...]
To Weigel (noun, verb or adjective): Biased left wing reporting under the guise of objectivity. Neil Irwin is the proud author of this morning’s Weigel piece in the Washington Post on the economy. Let’s start with the given that if the recovery were going gangbusters, the entire article would be about the stunning genius of [...]
As we have been saying nearly every single week as horribly bad economic data roll in, liberal economic policies simply do not work. This is likely confirmation of a double-dip housing recession. Sales of new homes collapsed in May, sinking 33 percent to the lowest level on record as potential buyers stopped shopping for homes once [...]
So if the economy were improving, would Bush also get the credit? I guess the takeaway from this is that nothing Obama has done in 18 months has had any adverse effect on the economy. The problem is that everyone except the president knows otherwise. From his speech today spinning the disastrous unemployment numbers. What [...]
I am starting to think of Obama like I think of Robert Gibbs – keep the buffoonery coming – you are doing our side a big favor. Case in point is The Won’s speech on the economy today at Carnegie Mellon University. President Obama will call Wednesday for rolling back billions of dollars in tax [...]
Since actual, productive jobs are created by the private sector, not the government, and high taxes kill purchasing power of businesses and individuals, it is strange that AP is even scratching their collectiv(ist) heads over this elementary economics question. But scratching they are. Even as he touts his efforts to put more Americans to work, [...]
So the Wall Street Journal has an article documenting the split betwixt economists: Economists were evenly divided between those who fear inflation will accelerate over the next year and those who see a bigger risk that the inflation rate will slow from already low levels, according to the latest Wall Street Journal forecasting survey. See [...]
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