On Day One, president asterisk took a tire iron to New Mexico’s economy and that of some Utah Indians as well. They’re not happy. But the damage is a lot worse than that. His promised changes could easily cost Americans 6 million jobs, and he’s just getting started.
Economy
If You Think That the Wuflu Lockdowns Have Been Bad for Company Bankruptcies, You Ain’t Seen Nuttin’ Yet.
There is no one, no one group or even “groups of groups” that could effectively handle the billions of economic decisions that are made daily (or even hourly) by the 320 million residents of America.
Biden Plans to Address COVID, the Economy, the Climate, and Race in First Ten Days
Joe Biden has announced that he plans to fix a few things in the first ten days in office. Let’s assume that happens, and he’s not in jail. “Fixed” has a very different meaning to Democrats. For example, their idea of fixing the climate will ruin any economy.
In Other News, The Economy is Still Doing Great Under Trump and the Media is Ignoring That
The media is purring and licking its paws after it successfully elected Joe Biden to the White House. The media doesn’t decide these things, but you can’t tell them that. You also can’t make them cover news that contradicts their preferred narratives. Like, how great Trump’s COVID recovery Economy is doing!
Are You a Casual China Watcher?
Are you a casual China watcher? If you are there was a key policy meeting, the four day plenum in Beijing this week. It wraps up came with a statement; China will not let external pressures sway it from becoming a great power. It goes on to say China is entering a period of ‘strategic … Read more
Joe Biden’s Economic Agenda Is a Marxist Template for Control
What Biden brings should be self evident. Joe Biden’s economic agenda is a Marxist template for control. It would destroy millions of American jobs. His plan would crush economic recovery from the virus.
CATO: NH Ranks #2 in the Nation for Economic Freedoms
CATO’s Freedom in the 50 States is out, and as usual, New Hampshire Ranks near the top. This year’s survey put the Granite State at number two for economic and social freedom, behind Florida, but notes that New Hampshire is the most improved state overall.
WHO Says Lockdowns Are Dangerous – Harm Economically Vulnerable
The World Health Organization has a new concern. They want world leaders to “stop using lockdown as your primary control method.” Their reasoning? It isn’t good for people’s lives and livelihoods. Sound familiar?
Economic Recovery is slow, Susan Page?
That was one of the “issues” that Susan Page (USA Today), the moderator of the VP Debate between VP Pence and Kamala Harris, had on her plate. Problem is, well, you’ll see: SHOT: “Vice President Pence, your administration has been predicting a rapid and robust recovery, but the latest economic reports suggest that is not … Read more
Debate Night for the VP’s – Taxes and the Economy
If you did not watch debate night for the VP’s you missed this bit on taxes and the economy.
What Is Great News for Normal People Is Bad News for the Media, and Leftist Politicians
The Bureau of Labor Statistics report for August says the U.S. economy is surging forward in strong recovery mode. September was more of the same. Sure 7.9% is not as pretty in comparison to the 3.5% rate in February. But that was before COVID-19 hit.
The History of the ‘Left’s Religion’ “Leads only to Shortages, Despotism, and Murder”
The Left says of the Right, “You fools, it is demonstrable that dinosaurs lived one hundred million years ago, I can prove it to you, how can you say the earth was created in 4000 BCE?”
Promoted from the Comments – “Ah, yes. The return of the “Five Year Plans””
OldNHMan decided to just about write a standalone post in the comments under my post on how central planning of an economy is FAR worse than millions of people making decentralized decisions on their own.
Notable Quote- information, information, information
It is because a modern economy is so complex that nobody can know all the facts that it could not effectively be guided by a central plan but must be conducted on the basis of decentralization of decisions.
Donald Trump – “If You Really Want to Make Them Crazy, Say 12 More Years”
President Trump secured the Republican Party Nomination for President last night. And in classic Trumpian style, before he said a word, he spun the left up like he always does. As the crowd chants four more years, he says, “If you really want to make them crazy, say 12 more years.”
Data Point – OrangeManBad didn’t do too badly on the economy
…but this graphic is worth breaking out, especially since there are some people trying to claim that the U.S. response has been uniquely bad because #OrangeManBad. The U.S. has done much better than its peer and near-peer nations at limiting economic damage, and it’s done so without maintaining a higher death rate — in fact, … Read more
Biden’s Veepstakes Winner Wastes No Time Lying about Jobs and the Economy
Democrat Senator Kamala Harris won the Biden veepstakes and immediately began to spread misinformation about President Trump and the administration.
14.8 Billion Federal Dollars Went to 5 Cities
14.8 Billion Federal Dollars Went to 5 Cities. Doubt it? Check out the analysis by OpenTheBooks.com. There have been numerous protests across major U.S. cities. Many mayors and police chiefs did issue stand-down orders to their police officers.
“Autonomous zones” sprung up in Marxist enclaves. The media description was a nostalgic tour through a “summer of love.” Mayors are pushing to defund local police departments. Centrist politicians call these cities “lawless.” They are refusing to protect the life, liberty, and property of their residents.
Uh-Oh: If True, This Will Make our Current Economy Look Rather Rosy
And so it finally begins? Emphasis mine, reformatted: ‘U.S. Gets a Debt Warning From Fitch as Stimulus Battle Rages.’ (Bloomberg) One of the world’s major credit-rating companies fired a warning shot regarding the U.S.’s worsening public finances on Friday…