Economy

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 […]

Read the full article →

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

Read the full article →

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 […]

Read the full article →

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 […]

Read the full article →

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 […]

Read the full article →

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

by Steve MacDonald March 14, 2014
Thumbnail image for Climate Change No Longer Even On The List of Things Americans Are Concerned About

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 […]

Read the full article →

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 […]

Read the full article →

Welcome To Total Failure Island

by Steve MacDonald March 13, 2014
Thumbnail image for Welcome To Total Failure Island

Democrats insisting we must increase the minimum wage is like a wife-beater showing up at the door with flowers. Me Nothing says total economic failure like a political party (Democrats), which has crooned endlessly about its effort to create good paying jobs for American families, having to use the force of law to make wages […]

Read the full article →

Data Point: Inequality of wealth? How ’bout inequality of decisions?

by Skip March 10, 2014

For those that wail against “income inequality”, I point out: For hundreds (really, thousands) of years, there was little inequality – everyone was poor. Is that what you want again? The high achiever nations were those that went to more free-market economies. Is not having wealth a goodness? The continued WORST achieving nations were socialist […]

Read the full article →

The Failure of Veteran Senate Republicans

by Tom March 4, 2014

I’m wondering why some of our veteran Senate Republicans are jumping on the easy track to fixing the so-called Medicaid expansion “problem”. Republicans are supposed to lean toward market based, economic oriented solutions and away from entitlement-based fixes, which ultimately our grandchildren, not us, nor the aging Republican Senators (who feel the need to “do something“), will pay for. […]

Read the full article →

You can thanks Democrats for sawing off those rungs, laddie

by Skip February 28, 2014

(H/T: Liberal Logic 101) The purpose of a company is to make money for its owners: sole proprietor, partners, C Corp, LLC, or bigger.  They exist to make wealth – I know my job when working for someone else is to maximize profit.  I was rather blunt with my employees – your job is to […]

Read the full article →

Democrats Admit To Their Own Economic Incompetence

by Steve MacDonald February 17, 2014
Thumbnail image for Democrats Admit To Their Own Economic Incompetence

Nothing says total economic failure like a political party (Democrats), which has crooned endlessly about its effort to create good paying jobs for American families, having to use the force of law to make wages go up. In times of real economic growth labor increases in value as business owners compete for the resource.  This […]

Read the full article →

Obama’s job creation knowledge – distilled

by Skip January 19, 2014

Concise, pithy, and all-encompassing! (H/T: IJ Review)

Read the full article →

Data Point – The Obama Economy

by Skip January 17, 2014

From Big Government: 1. A Record 91.8 Million Americans Are No Longer in the Workforce …According to the U.S. Census, 317 million people live in the United States. 2. Since Jan. 2009, the Number of Jobless Working-Age Americans Has Risen 9.6 Million People …That means that the number of working age Americans that are not […]

Read the full article →

Data Point – Hong Kong, Singapore, Australia, Switzerland, New Zealand, Canada, Chile, Mauritius, Ireland, Denmark and Estonia.

by Skip January 16, 2014

But no United States of America – ostensibly, “the Land of the Free” – in the latest version of  Economic Freedom Report. “You know, if you like your freedom, you can keep it. Or maybe not,” said Senator Rand Paul (R-KY) at an Index panel hosted by the Heritage Foundation on Tuesday in Washington, D.C. […]

Read the full article →

Data Point – 6.7% Unemployment Rate: not good news.

by Skip January 10, 2014

Official rate: Drop from 7.0 to 6.7% More accurate measure: 13.1% (U6) only 74,000 new jobs created (expected: 200,000) 525,000 workers have dropped out of the workforce, artificially decreasing the unemployment rate Labor participation rate dropped to 62.8% (back to Jimmy Carter days) (H/T: The Corner)

Read the full article →

Blogline of the Day – on raising the Minimum Wage

by Skip January 7, 2014

“The idea that my antipoverty strategy is to force employers to pay a wage higher than what they estimate the worth of workers’ services to be worth . . . that just strikes me as an intellectually impoverished response to the problem of people being in need. And to make an ideological totem out of […]

Read the full article →

Data Point – GDP vs Employment, 2002 – 2013

by Skip December 29, 2013

Productivity: (H/T: AEIdeas)

Read the full article →

Data Point – Disconnect

by Skip December 17, 2013

It seems that what is important to the American people is NOT important to the Politicians in DC: All we seem to hear from the Lefty pols in DC is that Income Inequality (“Gap between rich and poor”) is the Number One problem.  And now we hear, in conjunction with Lefty pols, from the Righty […]

Read the full article →

Data Point – See that little speck of blue?

by Skip December 13, 2013

Yeah – there: That would be the “Free State” of New Hampshire – 18th most economically free “sub-national jurisdiction” in North America (out of 60). Even as Progressives are bound and determined to make the States completely subservient to the Federal Government Washington DC (even as much of the fight over the Constitution was to […]

Read the full article →

Data Point – Amount and Composition of Household Debt

by Skip November 14, 2013

(H/T: Business Insider)

Read the full article →

With NH State Govt selling $700 million license plate, less and less of us can pay for it

by Skip November 12, 2013

SSB1-FN: As Grokster Susan pointed out, a most VERY SPECIAL license plate to match that of Jeanne Shaheen’s SB711.  SSB1-FN – the Medicaid Expansion here in NH that will use another $700 million in Federal Dollars that the Federal Government doesn’t have (at $17 Trillion in the hole). Nice to see that NH Politicians of […]

Read the full article →

Data Point – Sequestration effect on employment

by Skip November 10, 2013

The federal government shutdown may have distorted the US employment report for October — but not the US economy. Blowing away expectations, the Labor Department reported a surprisingly large 204,000 gain in October non-farm payrolls vs. a 125,000 consensus. Add in a combined a 60,000 upward revision to job gains in August and September and […]

Read the full article →

Obama owns this: from an America that works to an America in the hammock

by Skip October 25, 2013

(Image H/T: Liberal Logic 101) A “fundamental transformation”, he said.  Determined Weakness, he “policied”.  Free rides, he decreed.  Now, more people are in the National Cart than there are pulling or pulling: Census Bureau: Means-Tested Gov’t Benefit Recipients Outnumber Full-Time Year-Round Workers “Americans who were recipients of means-tested government benefits in 2011 outnumbered year-round full-time […]

Read the full article →

Democrats Set New Record

by Steve MacDonald September 17, 2013
Thumbnail image for Democrats Set New Record

Here’s a feather for your cap, Democrat Party.  Party of the middle-class.  The compassionate party of Hard Working American Families™.  You guys, having had a majority control of congress for almost five years now, two of them with total control, are the first President and party in US History to preside over gas prices in […]

Read the full article →

Data Point – Freshman, choose your major wisely

by Skip September 10, 2013

Hope you like math and science: Still, up to 25-40% of all newly minted college grads are now “boomerang kids” and living the part-time dream, courtesy of Obamaeconomics. (H/T: The Blaze)

Read the full article →

Data Point – Flat Lined

by Skip September 10, 2013

I disagree with the job creation number in the post (150,000 / month) needed to keep up with population expansion as the numbers I have read vary from 200,00 at a minimum up to 300,000.  But even at 150K, this ought to be a very sobering number that shows how poorly the Obama Administration has […]

Read the full article →

Data Point – which economies are ready to accelerate?

by Skip September 3, 2013

Developed nations or that of “Emerging” ones?  Business Insider: Developed!  Above the line is goodness; below the line is lagging. (H/T: Business Insider)

Read the full article →