Economy

The Democrat War on Work…

by Steve MacDonald November 24, 2014

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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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 […]

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A Little More NH Wage Perspective

by Steve MacDonald October 11, 2014
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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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)

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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 […]

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So Much For Buying The World A Coke!

by Steve MacDonald July 9, 2014
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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 […]

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Obama Economy Sheds 523,000 Full Time Jobs in June

by Steve MacDonald July 7, 2014
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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 […]

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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 […]

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

by Steve MacDonald July 2, 2014
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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 […]

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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 […]

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

by Steve MacDonald June 25, 2014
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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 […]

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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 […]

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

by Steve MacDonald May 9, 2014
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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 […]

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

by Skip May 6, 2014

(H/T: Powerline)

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Data Point – Economy screeches to a stop?

by Skip April 30, 2014

  I do have to laugh at the speculation from the notorious butt kissing CNN over the poor performance of the US Economy: The U.S. economy stalled in the first three months of 2014, but don’t panic yet as it’s probably just the winter weather effect. Yeah – it was a rough winter – just […]

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Chinese Economy: God Bress Amellica!

by Rick Olson April 30, 2014

Reported today, the Chinese will overtake the United States as the world’s largest economy. Liberals blame corporate America, while Corporate America blames liberal fiscal policies.

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Data Points – an amalgam

by Skip April 18, 2014

Been real busy so playing catch up.  Here’s a few unconnected, disjoint factoids: Census says!  86.5 million workers are supporting 148 non-workers. Enough people riding in the wagon for you, Zandra Rice-Hawkins, Jeanne Shaheen, and President Obama? The average price for a kilowatthour (KWH) of electricity hit a March record of 13.5 cents, according data released […]

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Data Point – Obamacare Deductibles

by Skip April 13, 2014

From Heritage: So, if you have a Bronze plan in a four person family, your total family deduction could be

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Data Point – Total Credit Market Debt as a percentage of GDP

by Skip April 7, 2014

 

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As a former “FredHead”, I found this amusing

by Skip April 6, 2014

(H/T: Powerline)

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Hardly, Zachary Shahan, hardly

by Skip March 31, 2014

(Emphasis mine, reformatted): Terrorists could knock US electricity grid out for 1.5 years, but more solar power could help protect it The idea that the US electricity grid could be knocked out for 1.5 years is a bit shocking. But that’s what the agency in charge of protecting it has revealed.  It may have all […]

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Data Point: What was promised, didn’t

by Skip March 27, 2014

The questions is: will the American Public hold him responsible for the riches promised but not delivered?  Who will be held accountable?  What was promised, enjoying a robust rip-roaring economy if we just followed Obama’s proscriptions and policies, have delivered less than half than “better future to come”. Remember, he and his accomplicies decided that […]

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Data Point: “Judging Obama’s Economy By His Own Promises”

by Skip March 23, 2014

Res ipsa loquitur: But is that true? And how do you fairly measure Obama’s record?  Perhaps the best metric is Obama’s own promises about what his economic plan would produce. Those are contained in his first budget, which was issued in early 2009. Above are charts comparing that budget’s forecasts for key economic indicators with […]

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Climate Change No Longer Even On The List of Things Americans Are Concerned About

by Steve MacDonald March 14, 2014
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Right after 28 clueless Senate Democrats held a pajama Party (Up4Climate) on the floor of the US Senate to lobby a California Billionaire for campaign donations, Gallop released its March 2014 polling on what Americans think are the most important problems facing the US. “Climate” didn’t even make the new list. (Update: Extreme Shaheen is […]

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Data Point – Price of Public vs Private employees

by Skip March 13, 2014

From Big Government: The United States Bureau of Labor Statistics (BLS) announced on March 12th that the total cost of employing a state or local government worker is 45% more than an equivalent worker in the private sector. For the month of December 2013, employers in private industry spent an average of $29.63 per employee […]

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