Some of you may have heard some noise in the media over the past week about the small dip in ...
All you need is 8 minutes…
All you need is 8 minutes…
February 28, 2012
... to understand the REAL unemployment rate.
Why Obamacare Might Cost You a Job
October 31, 2011
When Obamacare was being pushed through Congress, one of the things we were promised was that it would create jobs. But other than more bureaucrats, what jobs has it created? Now, we find out, it may end up costing people jobs!
The consumer is not dead
October 25, 2011
As much as we hear from the media about weak consumer activity, all the data says exactly the opposite. People out there are spending money on cars, goods, and services. The consumer’s not dead; not by a long shot.
http://www.ftportfolios.com/Commentary/EconomicResearch/2011/10/24/the-consumer-is-not-dead
Obama Unplugged
September 21, 2011
I couldn't have said it better myself!
“In re-reading yesterday’s speech by President Obama, several things stand out.The first is its crass distortions. In his remarks in the Rose Garden, the president said, “If we’re not willing to ask those who’ve done extraordinarily well to help America close the deficit … then the logic, the math says everybody else has to do a whole lot more: We’ve got to put the entire burden on the middle class and the poor.” As others have pointed out, the top 10 percent of earners pay nearly 70 percent of all income taxes and the richest one percent pay more than 30 percent of their income to the federal government, while the average worker pays less than 14 percent. In addition, almost half of the public do not pay any income taxes at all. This is known as a progressive tax system. Now, one may argue the wealthy should pay even more than they do in taxes – but to pretend not embracing Obama’s plan would place the “entire” burden on the middle class and the poor isn’t “math”; it’s a massive distortion"
President Obama’s Jobs Dilemma
September 12, 2011
President Obama spoke to the nation last Thursday about his plan to create jobs. As was recently highlighted by the “debt ceiling” fiasco, our government is woefully in over its head in debt. How does President Obama plan to pay for the job creation measures he proposes? It’s not by finding new revenues or cutting spending in other area. We’ll simply raise taxes in the future to retroactively pay for it. It’s deficit financing that will just keep digging the whole deeper.
Please read this article from the Cato Institute for a full explanation
http://www.cato.org/pub_display.php?pub_id=13643
The truth about trade deficits
June 17, 2011
Conventional wisdom tells us that trade deficits are always bad for the economy. Once again, conventional wisdom is anything but wise
http://www.cato.org/pub_display.php?pub_id=13197
