What happens if Biden wins the presidency? Let’s think about the situation. For the first 3 years of Trump’s presidency, the stock market was rising and the economy was growing. This masks many of the factors driving a sense of hopelessness in the country. Many Americans and the nation itself have unpayable debt.
Articles tagged as
Economy
Gov. Chris Sununu Vetoes Democrat’s Latest Arbitrary Job Killing Wage Mandate
Democrats are not fans of free and open markets. They love meddling. Licensing that restricts access and creates cartels, regulations that limit opportunity, and jobs that demand tithing to their union-boss political allies. They also think they know what every starting hour of labor in every occupation is worth. They don’t.
Data Point – Economy surging
Reformatted: Retail sales skyrocketing by 18% in May as states began to reopen their economies. Economists projected that retail sales would increase 5.2% for June. Retail sales increased 7.5% in June, the U.S. Census Bureau reported on Thursday. retail and food services sales for June were $524.3 billion, which is not only a 7.5% increase … Read more
Trump-Backed Primary Challenger Defeats Jeff Sessions for Shot at US Senate Seat
Longtime US Senator from Alabama and former Trump AG Jeff Sessions wanted to go back to the Senate. Mr. Trump, unhappy with his performance as AG, backed a challenger. Yesterday that guy, Auburn University’s head football coach Tommy Tuberville, won that primary.
Data Point – Dow movement year to date
As was pointed out by Randall in the GranitGrok Group, there is a rebound happening on Wall Street: Look at the March time frame and remember back a bit (doesn’t feel like it’s been years instead of just four short months?) and how the mainstream press was POUNDING in self-righteous silliness of how Trump’s economy … Read more
The Sublime Versus the Ridiculous In DC
There is a policy battle in D.C. between the sublime versus the ridiculous. House Speaker Pelosi has come forward with a $3 TRILLION HEROES Act stimulus plan. Under her plan, most people would make more money by quitting work and staying home than by working.
The US Economy Recovered 4.8 Million Jobs in June
June saw another record jump in employment, which is good news. But it is good news the same way that opening a dam lets the water take its natural course. The increase is a result of the government getting out of the way and the economy doing what it has wanted to do for months.
The Other Election Question that Really Matters – “Who do you think can stand up to the mob?”
As we creep inexorably toward a November reckoning, I’ve been working what I thought was a critical narrative. The economy. Who can fix it? We know Biden can’t, and we know Trump can. But, Rep. Jim Jordan has eloquently defined the other critical question for November.
Data Point – so V shaped Recovery it is!
Well, at least it is starting to look that way: June private payrolls rose 2.37 million and there was a big positive revision for May, ADP says. “For the month, hiring was especially strong in the pivotal leisure and hospitality industry, which took the biggest hit as measures aimed at curbing the coronavirus spread meant shutting … Read more
And now we’re back to the Scott Dunn Monument to Economic Illiteracy (otherwise known as the Gilford Recycling Center)
I’ve been speaking and writing in opposition to the redoing of the town dump. $1.4 million dollars to create the Gilford Recycling Center, at a time when the recycling marketplace was drying up faster than our lawns this summer.
Government Stimulus checks lead to Rash of Overdoses in New Hampshire, Vermont
What did anyone THINK was going to happen when you give druggies unexpected money? I don’t think this is the economy that needed to be “stimulated” (emphasis mine, reformatted):
Economy Adds 2.5 Million Jobs in May – Unemployment Drops to 13.3%
We still have a long way to go, but this is a damn good start. Not Because we added 2.5 Million jobs after putting a historic number of people out of work, but because the “experts” predicted terrible numbers and we got the opposite.
Quick Thought: Is China starting to flail like a mortally wounded animal?
Observation from Instapundit: DISTURBING THOUGHTS FROM A FRIEND ON FACEBOOK: “At this point China may be like Wilhelmine Germany in 1914 after the mobilization orders went out. The Plans are being executed. To stop before a predetermined victory condition, such as the surrender of Taiwan, risks the collapse of the military and the economy and … Read more
Benefits of a Principled Tax Burden
Is there such a thing as benefits of a principled tax burden? If there were; what would they be? Fact: taxes lower the economic welfare of citizens.
Democrats Are Selling Harm to the Nation
Democrats made hysterical assertions about reopening the economy, and blood on our hands. Their noise is proving to be hysterical wailing and gnashing of teeth. OMG… Democrats are petrified of the prospect of an economic recovery. But it may be out there.
We’re on a Frightening Path of Injustice
Science and experience have demonstrated that governments worldwide overreacted to the COVID-19 threat and perpetuated misleading information to manipulate the public and consolidate power.
Fair and Balanced Taxation
Don’t we all dream of a system of fair and balanced taxation? But what the heck does that mean? Let’s see if we can work through the question to a solution.
Op-ED: NH Ways & Means Committee Member on Economic Recovery
From March 15th, days after the government restrictions went into crisis mode to May 9th, the latest reporting date at the NHES website, approximately 139,400 NH residents became unemployed. Based on our February workforce of about 780,200, that is just under an 18% unemployment level.
603 Alliance Editorial: It’s Time to Reopen New Hampshire
[The following editorial is presented on behalf of the 603 Alliance Board of Directors.]
New Hampshire’s “stay at home order” was issued on March 16th. Over two months later, we continue to face serious restrictions that limit our ability to earn a living, that restrain our freedom of assembly, and that restrict our right to worship as we see fit.
President Trump Issues Executive Order to Reduce Regulations to Aid Economic Recovery
In the interest of getting things done, not always my favorite words when it comes to government, President Trump pushed to waive, suspend, or do an end-around on existing bureaucratic barriers. As he advocates for an economic recovery, he is asking agencies, where possible (EO Archived here) to take it one step further.