Data Point – Retail sales indicating a much more robust economy?

by Skip August 16, 2018

Retail sales—a measure of spending at U.S. stores, websites and restaurants—rose a seasonally adjusted 0.5% in July from the prior month, the Commerce Department said Wednesday. That was well ahead of economists’ forecasts for a 0.1% increase. Compared with a year earlier, they grew 6.4% in July. That’s more than double the pace of inflation, which […]

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Trump Keeps ‘Winning’

by Steve MacDonald July 27, 2018

It looks like the economy has managed to push aside the smothering pillow of Obamanomics. The Commerce Department reported Friday that the economy grew at a pace of 4.1 percent in the second quarter, propelled by consumer spending in another win for Mr. Trump’s policies of lower taxes and fewer regulations. The growth was the fastest since 2014, following […]

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The Marchand & Molly Show Got Nothing to Say About Record NH Employment

by Steve MacDonald July 18, 2018

Last month we reported on New Hampshire breaking new ground on both employment and labor participation in May. June was even better. Seasonally adjusted estimates for June 2018 placed the number of employed residents at 735,730, an increase of 2,540 from the previous month and an increase of 9,020 from June 2017. I can’t seem to […]

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We Stopped Talking About Offshoring Because Trump’s Tax Cuts Made On-shoring a Better Investment.

by Steve MacDonald June 30, 2018

Remember the Panama Papers? The April 2016 scandal exposed shell corporations, anonymous owners, and the practice of keeping corporate profits offshore to avoid high taxes. All perfectly legal. But it set the left into a tizzy (because it doesn’t take much) whose head-spin produced calls for national registries of company owners and all sort of new […]

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Will Democrats Try to Run On An Economy That’s Not Supposed To Be This Good?

by Steve MacDonald June 13, 2018

Can Democrats run for office in 2018 on recent economic success? There are media narratives in place. The problem with liberals and their narratives, however, is that they are bound only in the moment without regard to anything that came before or after. So, when it comes to the Economy and the 2018 Elections, the […]

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New Hampshire Economy Sets Records for Employment and Labor Force Participation

by Steve MacDonald June 6, 2018

Last week some Democrat stooge was on the radio badmouthing Governor Sununu on the economy and workers and families and wages (insert dancing donkey in a top hat), but she did it without actually saying anything. It was all empty rhetoric. Palm card pablum. Yes, I have plenty of issues with Chris Sununu’s “priorities.” I […]

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Data Point – “it’s the economy, stupid”

by Skip June 5, 2018

…Americans love such tales in which the downtrodden succeed, and underdog stories make for great cinema. In real life right now, a lot of economic underdogs in America are growing into a prosperity they did not think possible just a few years ago. Simply put, it’s time for the little guys, the underdogs, to shine. […]

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Smacking RGGI Around

by Steve MacDonald April 30, 2018

David Stevenson, writing at NH Journal, shares a recent report by The Analysis Group which “…just released their review of the effects of the Regional Greenhouse Gas Initiative (RGGI), and they give it an A+.” If you’re not the guessing sort, there are a lot of issues with the report, which is not surprising because (as Stevenson […]

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Data Point – Main Street is LOVING the difference from what Obama to what Trump is doing now

by Skip February 14, 2018

While Wall Street decided to throw itself into the gutter, Main Street is doing very well, thank you very much, and is very much looking forward to good time thanks to Trump’s changing Government’s view of capitalism and making it easier to do business by getting Government out of the way and letting people keep […]

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Blogline of the Day (redeux) – Obama will be like Clinton in taking the credit forever

by Skip February 13, 2018

Bill Whittle: “Obama could have served thirty years and ‘his’ recovery wouldn’t have started until the 31st year.” (H/T: Instapundit)

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So, is Trump doing for African-Americans what Obama couldn’t do?

by Skip January 7, 2018

SHOT:  Trump,  during the campaign trail, asking black to vote for him “What the hell do you have to lose?” (e.g., what have the Democrats done for you lately?) CHASER: The alleged “Racist!” President has delivered for the black community Black unemployment fell to 6.8 percent in December, the lowest ever recorded by the U.S. […]

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Blogline of the Day – what, take Obama’s word for it?

by Skip December 10, 2017

OBAMA: “Those Jobs Aren’t Coming Back.” TRUMP: “Hold My Beer.” And Obama had the temerity of taking credit for the last three quarters of growth and then saying “Thanks, Obama!”.  Obama was responsible for the first quarter of this year, no doubt. His policies might have carried into the second but no one was jumping […]

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“Is America’s Middle Class Really Stagnating?”

by Skip December 9, 2017

Numbers are nice but WHICH numbers?  And what, exactly, are you measuring? The other thing is in comparing way back to now is the kinds of items that are bought.  I remember that just buying a computer terminal as a DIY kit for not a lot more money than what a lot of Walmart computers […]

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Data Point – Economy may hit 3.9% GDP rise this quarter??

by Skip December 5, 2017

New York Fed Now Projects 3.9% GDP Growth in Fourth Quarter… Another week – another set of weekly economic data – another upward forecast of anticipated 4th Quarter GDP growth.  Two weeks ago the Fed raised the 4th quarter growth projection to 3.2%. Last Week they revised that up to 3.8%. This week they have revised it upward again to 3.93% Remember, […]

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Data Point – House sales rising country wide

by Skip November 27, 2017

Reformatted, emphasis mine: Sales of new, single-family U.S. homes reached their highest level in ten years due to an increase in housing demand across the country. The Commerce Department released a report Monday stating that home sales rose 6.2 percent, the highest increase since October 2007, according to Bloomberg Markets…Reuters polled several economists who originally predicted that new home […]

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Data Point- this quarter to be even BETTER than previously forecast?

by Skip November 22, 2017

Don’t look now, but U.S. growth forecasts are moving higher. That’s helping to support U.S. stocks. Projections for U.S. economic growth from two Federal Reserve banks have risen in recent weeks. The Federal Reserve Bank of New York on Friday forecast that gross domestic product will rise 3.8% in the fourth quarter, up from a […]

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The world economy explained with two cows – Part 5 Traditional Capitalism

by Skip November 22, 2017

Notice that opposed to the other forms of capitalism (nor “not capitalism”), this is YOU oriented (all others are about being The State / bureaucrat oriented).  YOU get to make the decisions – not someone else.  YOU get to plan your future – not someone else. YOU get to take the risk – and then […]

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I see flying pigs – I actually agree with Jeanne Shaheen on something!

by Skip November 13, 2017

I am still shaking my head over this piece in the Union Leader – Jeanne Shaheen agrees with me??? Emphasis mine, reformatted: A sweet idea: Shaheen attacks sugar subsidies Give Sen. Jeanne Shaheen points for persistence. Her Senate colleagues have shown little appetite for eliminating subsidies to the sugar industry, but she keeps trying.  Shaheen has […]

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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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