Data Point – 2017 Q2 final GDP result

by Skip September 28, 2017

“With just two days left until the end of the third quarter, what happened in Q2 will hardly provoke a market reaction, which is why when the BEA announced that the third and final Q2 GDP print was revised from 3.0% to 3.1%, (or specifically from 3.049% to 3.06%) it hardly inspired a move in […]

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Data Point – And this while “Experts” are saying the economy is doing better?

by Skip September 9, 2017

Low unemployment, low interest rates, official inflation rate about nil, stock market at historical highs…and this (reformatted, emphasis mine):   78 percent of Americans with a fulltime job say they live paycheck to paycheck 71 percent of Americans say they are in debt – an increase from 68 percent last year. 56 percent of those […]

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Data Point – GDP rose faster than first thought: 3.0%

by Skip August 30, 2017

A bit of good news – the pace of the economy is actually doing better than initial reports (reformatted, emphasis mine): The U.S. economy grew faster than initially thought in the second quarter, notching its quickest pace in more than two years, and there are signs that the momentum was sustained at the start of […]

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Data Point: And we were told that 2% was to be the new normal

by Skip August 20, 2017

Atlanta Fed estimates U.S. third-quarter GDP growing at 4.0 percent NEW YORK (Reuters) – The U.S. economy is on track to expand at a 4.0 percent annualized pace in the third quarter with inventory investment contributing 1.12 percentage points to growth, the Atlanta Federal Reserve’s GDP Now forecast model showed on Thursday. Last Friday, the government […]

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Data Point – A credit card tipping point?

by Skip August 8, 2017

Thankfully, TMEW and I have no credit card debt but it seems like others are making up for our lack: “Credit-card debt in the US rose in June, surpassing the peak set just before the 2008 financial crisis. Outstanding revolving credit, which includes credit-card debt, rose to $1.02 trillion in June, according to a monthly report from […]

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Data Point – Job Market looking better for job seekers

by Skip May 12, 2017

Just 1.25 unemployed workers per job opening — lowest since Jan 2001. #JOLTS — Jed Kolko (@JedKolko) May 9, 2017 (H/T: Washington Examiner)

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Like “charities” before it, is the Govt subsuming of healthcare insurance done?

by Skip May 4, 2017

“Here’s a nugget that encapsulates the health insurance industry, despite all the noise surrounding the future of the Affordable Care Act: In the first quarter of this year, Aetna collected more premium revenue from government programs (namely Medicare and Medicaid) than it did from commercial insurance for the first time ever. Why this matters: Most […]

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Could New Hampshire’s Bathroom Bill Kill Job Growth?

by Steve MacDonald March 1, 2017

Could HB478, New Hampshire’s latest bathroom bill, keep businesses away? It is a worthy question. We know that sexual predators will inevitably try to take advantage of unbridled access to ladies changing rooms and bathrooms. It is a given that religious organizations will be at risk of having to face penalties or follow their faith. […]

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Starbucks’ Brand Perception Plummets After Announcing Plan to Hire Refugees

by Steve MacDonald February 25, 2017

I’ve been getting some decent traffic from Facebook, but nothing compares to an article I wrote about Syrian Refugees coming to New Hampshire. If you want someone’s attention, write about illegal immigration or refugee resettlement. The jobs and economy narratives are good too, but I think we all know why Mr. Trump won the White House. […]

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Data Point – Not a single year over 3% GDP growth

by Skip January 29, 2017

U.S. Has Record 11th Straight Year Without 3% Growth in GDP Obama has boasted about how he “saved” the American economy.  That’s like the mechanic that “fixed” my 0 MPH car so now it will go 10 MPH (when it should be able to goo 100 MPH). UPDATE: The latest numbers mean that Obama’s economic […]

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In 9 days, the Obama gaslighting will stop

by Skip January 11, 2017

I am SO sick of this guy constantly being the Antagonizer-in-Chief.  At almost each and every turn, in almost every speech and interview, he just seems to delight in putting the shiv in and twisting it just that much more.  Thankfully, the straw(man) season is just about over and we won’t have to listen to […]

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Here is the EPITOME of Democrat view of small business. Progressive empathy and “listening” on full parade

by Skip January 11, 2017

As I’ve said before, TMEW and I owned a small business – one that was HIGHLY regulated: a daycare center.  We KNOW regulations, good, meh, and “are you freaking serious?” And we were beseeched on all sides by all kinds of “regulators” that absolutely were convinced that they knew what was best for our business […]

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Americans for Prosperity Highlights Ongoing Explosive Job Growth Since Tax Relief for Employers Took Effect

by Steve MacDonald September 13, 2016
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Press Release _________________________________________________________________________ For Immediate Release – September 13, 2016 Contact: Greg Moore (603) 303-9297 Americans for Prosperity Highlights Ongoing Explosive Job Growth Since Tax Relief for Employers Took Effect MANCHESTER – Americans for Prosperity – New Hampshire (AFP-NH) highlighted today’s release of August unemployment data showing the eighth straight month of major job gains […]

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Data Point- DC Minimum Wages up, employment down

by Skip August 24, 2016

How’s that higher minimum wage working out for jobs in DC? The nation’s capital has been leading the way on the minimum wage front and the Fight for 15 crowd couldn’t be happier. Still, those not invested in the future of the unions and the Social Justice Warrior movement have questions which deserve answers. Just […]

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Notable Quote – Richard Epstein

by Skip August 3, 2016

It is now possible to see how the progressive agenda thwarts the engine for growth in ways that private ingenuity finds it difficult to overcome. The initial observation is that virtually every progressive reform undermines free markets and tends to establish monopolies in labor, agriculture, and other industries. These rules frustrate the free entry into […]

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So, Donald Trump decides that all your money belongs Government (like the Democrats)?

by Skip July 25, 2016

It is well known that Democrats have been furious with companies undergoing tax inversions – a US company buys a foreign company and then moves its headquarters to that foreign entity.  Reason? US corporate taxes are too high compared to other countries.  Given that their legal fiduciary responsibility is to their shareholders, they do the […]

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Things Democrats Refuse to Believe

by Steve MacDonald July 22, 2016
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Lemonade Stand Economics is only 2 minutes long. Democrats can feel free to consider it an installment of the Two Minutes Hate because their notions about the relationship between business and government do not permit them to accept the simple truths in this short video. That their intrusions rob small business owners of resources they need […]

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So, If Unemployment is 2.7% Why Does NH Gov. Maggie Hassan Need $8.3 Million for This?

by Steve MacDonald July 11, 2016
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New Hampshire’s unemployment rate is at 2.7%. We may well be at or approaching a circumstance where there are more jobs than people who want to work. So what the hell is this? In February, Democratic Gov. Maggie Hassan announced a new $8.3 million initiative aimed at helping low-income people find good-paying jobs.

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Frank Edelblut on Creating Real Economic Growth

by Steve MacDonald June 20, 2016
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Gubernatorial candidate Frank Edelblut joins us to talk about some of the barriers to real economic growth–how government gets in the way of small business creation, innovation, and employment opportunity. Download this segment |  Complete podcast Remember: You can stream every program and every posted segment, anytime, anywhere, on your PC, Laptop, Tablet, or Smartphone […]

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Notable Quote – William Easterly

by Skip May 29, 2016

The market, by contrast [to state and other nonmarket means of supplying goods and services], rewards the profit-seeking baker according to just how much the consumers feel the bread is worth at solving their nutritional gluten problem. So the market will self-correct. Suppose there is a high social payoff to making bread for consumers – […]

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“Why private investment works and government doesn’t”

by Skip April 27, 2016

(H/T: Cafe Hayek)

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Data Point – Worker compensation and productivity (’73 to now)

by Skip April 20, 2016

More narrative (and yes, you need and should go read it) at the post. (H/T: The Corner)

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“…California – a tax on a tax”

by Skip April 20, 2016

I read this and just shook my head slowly from side to side – I just couldn’t believe what I was reading.  Given this, why haven’t we all risen up in righteous indignation (er, if not a lot more) and say “no more” to taking more and more?  But at least one person did the […]

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Economic Stagnation? Obama keeps telling “we’re fine”? Rest of us?

by Skip April 20, 2016

Not so much – the economic growth in the US has averaged 2% or lower since Obama became President (“sucked” squared) – from Cafe Hayek, it seems that Obama (like FDR before him) is himself the root cause:  Here’s Steve Hanke on the slow-down in economic growth of the past few years.  A slice (link […]

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Data Point – Atlanta Fed Reserve: Recession coming?

by Skip April 10, 2016

SHOT:  From President Obama’s weekly address Hi everybody. Over the past seven years, we haven’t just been recovering from crisis, we’ve been rebuilding our economy on a new foundation for growth – growth that benefits everybody, not just folks at the top. Chaser: “More economists are forecasting that the US economy nearly shrank in the […]

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Bernie Sanders – Bread lines are GOOD for you?

by Skip April 9, 2016

Yes, he’s proving that Socialism is not about shared wealth, it IS about shared misery.  If it were the former, a real workers’ Utopia that Socialists and Communists are always lying bragging about, who would have to wait in a line to get bread.  I am of the generation that saw “citizens” of Socialist governments […]

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Data Point – Job Growth or Stagflation?

by Skip April 3, 2016

Take that 14.4 million job growth number. That sounds impressive doesn’t it? But that job growth is stretched over almost six full years, during which time the working age population grew by 15.8 million.  In that respect, we’ve lost ground on jobs under Obama. “What’s more, that 14.4 million increase in jobs is measured against […]

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by Ralph Benko – Which Presidential Aspirant(s) Would Make America (And You!) Prosper?

by Steve MacDonald February 4, 2016
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Guest Post By Ralph Benko – Senior Economic Advisor at the American Principles Project As I recently wrote in my column, “Presidential elections are about, above all, just two things: our security and our prosperity.” The GOP candidates have been emphatic about our national security, about which more in a bit. All of them strangely […]

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