Economy

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 […]

Read the full article →

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

Read the full article →

GrokTALK! – Meet Gov. Boon Doggle

by Steve MacDonald May 27, 2015
Thumbnail image for GrokTALK!  – Meet Gov. Boon Doggle

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 […]

Read the full article →

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 […]

Read the full article →

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 […]

Read the full article →

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 […]

Read the full article →

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 […]

Read the full article →

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 […]

Read the full article →

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 […]

Read the full article →

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 […]

Read the full article →

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 […]

Read the full article →

The Democrat War on Work…

by Steve MacDonald November 24, 2014
Thumbnail image for The Democrat War on Work…

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 […]

Read the full article →

GrokTALK! With House Candidate Josh Moore

by Steve MacDonald October 14, 2014
Thumbnail image for GrokTALK! With House Candidate Josh Moore

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 […]

Read the full article →

Notable Quote – David Friedman

by Skip October 11, 2014

In spite of popular myths about capitalism oppressing the poor, the poor are worse off in those things provided by government, such as schooling, police protection, and justice.  There are more good cars in the ghettos than good schools. – David Friedman Above emphasis mine – it is hard to argue with.  We don’t fuss […]

Read the full article →

A Little More NH Wage Perspective

by Steve MacDonald October 11, 2014
Thumbnail image for A Little More NH Wage Perspective

Yesterday I wrote about John White, the Democrat state Senate candidate who called New Hampshire’s low income residents bottom feeders.  Had a Republican said this it would be above the fold on every paper but the Union Leader.  But a Democrat said it.  But that is how Democrats think. They also think that they can […]

Read the full article →

Let Me Be Clear: O’s Bullsh**ing…Again

by Scott Morales October 4, 2014

October 2, 2014, OBAMA: “So it is indisputable that our economy is stronger today than when I took office. By every economic measure, we are better off now than we were when I took office.” Every economic measure. Really?  I wonder what color the sky is in the world in which Oblivious lives.  Because in […]

Read the full article →

Data Point – Small Business Friendliness (or is that friendless?)

by Skip August 8, 2014

“…Thumbtack, a website that matches customers to businesses, and the Kauffman Foundation, a think-tank, asks thousands of small businesses annually about local requirements for hiring, regulations, zoning, licenses, health insurance and training. They have enough data to compile (somewhat subjective) “business climate” grades for 38 states and 82 cities. One surprising finding is how little […]

Read the full article →

EPA Regulation Supporters – never thinking of the ramifications on others

by Skip August 8, 2014

The new CO2 emissions regulations now being put forth by the EPA is going to have a huge impact on the American economy and people.  Here, Dan Joseph of MRC TV went to interview (yeah, in DC he gets to do interviews with all kinds of folks) some folks that were demonstrating FOR the EPA to […]

Read the full article →

With due respect to Robin Eubanks and Robert Heinlein

by Skip August 2, 2014

During our second segment of GrokTALK! this morning, we talked with Robin Eubanks:  “author of  Credentialed to Destroy — Robin S. Eubanks — calls in to update us on state and globally directed education”reform,” what they call competency based education.”   We discussed how the impending curriculum of Common Core and newest iteration of CBE really […]

Read the full article →

Data Point – Wall Street vs Population of Employed Americans

by Skip July 18, 2014

“This chart shows you how to respond next time. Although stocks and profit are indeed up as a result of the Obama administration and Federal Reserve policies, it isn’t translating to regular — non-Wall Street — Americans:” (H/T: Independent Journal Review)

Read the full article →

Data Point – Labor Dynamism

by Skip July 12, 2014

My Data Point post on Business Dynamism is here – showing that the rate at which new businesses / start ups has slowed right down.  There is also a labor companion to this: “It’s not enough for an economy to generate jobs. There should also be a good amount of turnover in the labor market. Workers […]

Read the full article →

So Much For Buying The World A Coke!

by Steve MacDonald July 9, 2014
Thumbnail image for So Much For Buying The World A Coke!

Lightbringer is having a rhetoric deficit on just about every front.  Obama has treated the US Economy like a rental car.  He has only taken a middling interest in international matters, and only when he thought it might burnish his street cred.  The problem there is that he never had any cred to burnish.  The […]

Read the full article →

Obama Economy Sheds 523,000 Full Time Jobs in June

by Steve MacDonald July 7, 2014
Thumbnail image for Obama Economy Sheds 523,000 Full Time Jobs in June

Yeah, wage growth stinks, and the labor force participation numbers are horrible but the reported unemployment rate is down to 6.1%.  Probably in part because in June the Obama Economy shed 523,000 full-time jobs. Sure, part-time jobs surged, but those are typically entry-level assignments or low-skill positions.  That’s no way to run a recovery.  But […]

Read the full article →

Notable Quote – Dr. Walter Williams

by Skip July 4, 2014

Henry Ford benefited immensely from mass-producing automobiles, but the benefit for the common man from being able to buy a car dwarfs anything Ford received.  Individuals and companies that produced penicillin and polio and typhoid vaccines may have become very wealthy, but again it was the common man who was the major beneficiary.  In more […]

Read the full article →

Jeanne Shaheen Spends Over 20 Trillion in Six Years – Needs More Or Else!

by Steve MacDonald July 2, 2014
Thumbnail image for Jeanne Shaheen Spends Over 20 Trillion in Six Years – Needs More Or Else!

Jeanne Shaheen and more than half a decade of Democrat majority Government have spent more than 20 trillion dollars on that government.  We’ve had plenty of advertised stimulus, some of it sold as specific to the very thing that now motivates the US Senate to ask for a raise in the Federal gas tax. Failure […]

Read the full article →

Observation: Profit is voluntary, not evil

by Skip July 1, 2014

Kevin Williamson is one of my favorite authors and you can mostly find him over at National Review.  Here is a snippet …The crude version of exchange — which is, unhappily, the common version — is inclined to suspect that there is an objectively correct price for a good, and that profit comes from duping […]

Read the full article →

I’ll Trade You 20 Trillion For A Crappy Jobless Economy

by Steve MacDonald June 25, 2014
Thumbnail image for I’ll Trade You 20 Trillion For A Crappy Jobless Economy

If you add all the Obama budgets and the deficit you get some huge number with ‘Trillions’ after it.   Democrats took the taxpayers on a spending binge that doubled the deficit, burdened them with a massive new entitlement, encouraged middling to declining growth, the worst labor participation rate in decades, record Welfare, food stamp, and […]

Read the full article →

GrokTALK! 5/10/2014 – The Pre-Show (Energy)

by Skip May 11, 2014

Every week, mostly, we turn on the cameras early (somewhat) to make sure that we are all set technically and, well, we’re talking about what we’re blogging anyways.  So we figure that you might just want to listen in!  Generally unscripted and completely free form, you might like what we are saying, so why not […]

Read the full article →

Hope? When Obama Is Done You Won’t Have Any

by Steve MacDonald May 9, 2014
Thumbnail image for Hope?  When Obama Is Done You Won’t Have Any

Hope (and change) were the promise of the Obama Presidency.  We’ll change things until you have no hope.  That’s what happened.  And that is the plan going ‘Forward.’ Democrats all across the nation are embracing 1.9% total growth in 2013 and 0.1% in the first quarter of 2014.  And they should.  This is what they […]

Read the full article →

Data Point – Reagan brought people into work; Obama has driven them out of work

by Skip May 6, 2014

(H/T: Powerline)

Read the full article →