Economy

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 Forbes.com 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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Data Point – Guns and State economies

by Skip February 2, 2016

How much does your state depend on the gun industry? WalletHub assessed the arms and ammunitions industry in all 50 states plus the District of Columbia to determine which states depend the most on the gun industry for jobs, political contributions and firearm ownership.  The five states that most dependent on the gun industry are […]

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“The cruelty of the Minimum Wage”

by Skip January 20, 2016

In this short animated video from Learn Liberty I explain why raising the minimum wage is a bad idea if the goal is to improve the economic fortunes of the least-advantaged workers and families. The minimum wage yields unfair advantages to families, such as mine, with teenagers who hail from middle- and high-income households, who are well-educated, […]

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Data Point – households in the US are richer

by Skip December 21, 2015

A smaller percentage of “the poor” A slightly smaller percentage of “the middle class” A much larger number of households (3X ??) at the top end. Looks like, all pundits and media aside, the US is richer now than what it was in 1967. (H/T: Cafe Hayek)

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Six Things We Learned About The Democrats Last Week

by Steve MacDonald October 19, 2015
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From “Six Things we learned about the Democrats last week“ (after their debate) Robert Tracinski offers a list that ends with no room for old-school democrats like poor ole Jim Webb. Among Democrats who believe unabashedly in a big government utopia, who no longer make much pretense of caring about economic growth or national security, and […]

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This is what your Household Income Does under Democrat Rule

by Kimberly Morin September 30, 2015

This is your income under Democrat rule. Let’s see them explain this one away. They’ve had YEARS to turn this economy around yet they haven’t. Why? Economically illiterate? Bad advice? Intentional? You decide. H/T Eric Odom

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Jackson Hole Summit: Economist Dr. Marc Miles on why the economy is stagnant

by Kimberly Morin August 30, 2015

Today was the last day of the Jackson Hole Summit in Wyoming. Yours truly sat down with economist Dr. Marc Miles to discuss the economy and interest rates and the affect of monetary policy on Americans. Dr. Miles was on a panel yesterday during the Summit in which he discussed how interest rates being kept […]

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Would “No Labels” Give Me The Problem Solver Seal of Approval For This?

by Steve MacDonald August 28, 2015
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In yesterday’s Granite Status, Dan Tuohy advertised the NO LABELS Problem Solver Convention. (Someone is still paying their freight, what a joke). NO LABELS will be giving its “Problem Solver Seal of Approval” to presidential candidates who commit to a set criteria: 1.) Embrace a “National Strategic Agenda” 2.) If elected, agree to begin work on […]

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This, from Socialist Bernie Sanders, caught my ear on Sunday’s This Week talking head show

by Skip August 7, 2015

Certainly ole’ Bernie is tapping into something on the hard Left – proving what a lot of us on the Right have been saying for a while: the center of the Democrat Party is now outright Socialist.  And step by step, over the decades, they have been using the Law & Regulation stick to transform […]

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Sign Of The Times

by Ed Naile June 14, 2015

As I drive around my area of NH and see the Obama Economy in action, an idea for a small business evolved in my mind. I’m thinking real estate will be the next big thing. How about this for a killer small business: long lasting “FOR SALE BY OWNER” real estate signs that are guaranteed […]

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Obama Crushes Another Record

by Scott Morales June 2, 2015

His presidency has produced the lowest average first quarter GDP growth evah recorded. President Barack Obama has presided over the lowest average first-quarter GDP growth of any president who has served since 1947, which is the earliest year for which the Bureau of Economic

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GrokTALK! – Meet Gov. Boon Doggle

by Steve MacDonald May 27, 2015
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Maggs Hassan signed the Boondoggle bill this week, establishing a culture of taxpayer backed greed amongst the elected class–and anyone looking for a few bucks to tie a boon to a doggle. So Kimberly Morin joins us to discuss this new nail in the coffin of the New Hampshire economy.  We also visit the lousy […]

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Thoughts on Hillary’s Loft Pronouncements in Iowa today

by Skip April 14, 2015

(Image H/T: Powerline)   Yes, lots of ridicule is being made of her “new and fun” logo (as N.A.F. is what the campaign’s marketing is trying make of a 68 year old coattailer that’s been in politics for 20 years without a singular achievement to point to other than flying 1,000,000 at taxpayer expense while Secretary […]

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Data Point – Labor Participation Rate still in dire straits

by Skip April 3, 2015

With today’s unemployment rate came this news: “The number of Americans 16 years and older who did not participate in the labor force–meaning they neither had a job nor actively sought one in the last four weeks–rose from 92,898,000 in February to 93,175,000 in March, according to data released today by the Bureau of Labor […]

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Data Point – C Corps dying faster than birthing

by Skip February 20, 2015

The number of corporations in the United States has hit the lowest level seen in 40 years, according to data from the Tax Foundation. The Tax Foundation’s report titled, “America’s Shrinking Corporate Sector” states that “recently released IRS data shows that there were 1.6 million C corporations in 2011. This is the lowest number of traditional […]

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Then act like the EPA is the Taliban and just wait their asses out

by Skip February 20, 2015

EPA CO2 Regs ‘The Most Fundamental Transformation’ Of US Power The head of a major U.S. utility said EPA rules to fight global warming will fundamentally transform the way America generates and delivers electricity to millions of residents.  Gerry Anderson, Chairman and CEO of the utility DTE Energy, told the Federal Energy Regulatory Commission that the […]

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Data Point – Oil Inventories

by Skip February 11, 2015

A report from the Energy Information Administration on Wednesday said that US Crude inventories rose by 4.9 million barrels last week. This was more than the 3.6 million barrel increase that was expected. “At 417.9 million barrels, U.S. crude oil inventories are at the highest level for this time of year in at least the last […]

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Data Point – Electricity cost just hit a record

by Skip January 16, 2015

We’ve talked about this before:  In 2008, then-candidate Barack Obama told the San Francisco Chronicle that his cap-and-trade proposal to control greenhouse gas emissions would mean higher energy prices for Americans.  “Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket,” Obama said. CNSNews: “Even as gasoline prices plummeted and the overall energy […]

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By the World’s standards, ALL Americans are the 1%

by Skip January 10, 2015

Top 1%ers if your income is $32,000 or more.  Period.  Yet, the Occupy Wall Street remnants and the Elizabeth Warrens are so blinkered on this, thinking it is only the Haves and Have-Nots battle here in the US that matters.  Out of sight, out of mind is the fact that many of our Poor are […]

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Do you think Government Dependency is a problem?

by Skip November 26, 2014

From End of the American Dream comes this question: “If you could stay home and watch television, play video games and hang out with your friends all day at government expense, would you do it?” It goes on to talk about the safety net vs what I call the Govt hammock with the soft cocooning that eventually […]

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The Democrat War on Work…

by Steve MacDonald November 24, 2014
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Figure this one out. The official U.S. unemployment rate has indeed fallen steadily during the past few years, but the economic recovery has created the fewest jobs relative to the previous employment peak of any prior recovery. The labor-force participation rate recently touched a 36-year low of 62.7%. The number of Americans not in the […]

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GrokTALK! With House Candidate Josh Moore

by Steve MacDonald October 14, 2014
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Josh Moore joins us to talk about his race for the NH House.  We start with unions (he defeated a pro-union Republican in the primary), economy and jobs, School choice, second amendment, favorite committee assignments, Josh’s cable access show, the social value of personal responsibility, and more…   Listen to or Download this segment on […]

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