Economy Archives - Page 22 of 28

DISQUS Doodlings: “If we want to make better decisions or do things in our society’s self-interest, we need to be tricked into doing them”

February 21, 2019February 20, 2019 Skip

Yeah, Treehugger time again: “Environmentalists aren’t voting. This plan could help”. Environmentalists are shockingly bad at voting. During the 2014 midterm, only 21 percent of environmentalist registered voters actually voted, compared to 44 percent of general registered voters. Environmental problems are, by their very “nature,” large-scale problems that require large-scale solutions. That’s why voting is so important — the government … Read more

Picking Up NH’s Welcome Mat to Business

February 14, 2019

What’s the issue? HB623 and SB 135 establish the rates of the business profits tax (BPT) and the business enterprise tax (BET) for taxpayer tax years ending on or after December 31, 2019 and for subsequent tax years, and repeals rate reductions effective in 2021. These are one of the more meaningful pieces of legislation … Read more

Italy’s God Emperor Trump (If You Haven’t Seen It Yet, Check This Out!)

February 11, 2019 Steve MacDonald

Say hello to God-Emperor Trump. A huge moving recreation of the meme. What meme? This one. Make sure you read the captioning. And check out the mighty Twitter Sword with words that, according to the designer mean “here are your f-ing tariffs.” A joke, he says, but then, it is his opinion that this is a weapon … Read more

Vermonter: NH Doesn’t Deserve the First in The Nation Primary

July 18, 2022January 24, 2019 Steve MacDonald

Jeff Danziger, in an opinion piece for the Fall River Herald News, says as a Vermonter, he knows New Hampshire doesn’t deserve the first in the nation primary. I’ve had plenty to say about the distinction. I’m not sure we deserve it either. The way it warps the party politics and puts an emphasis on … Read more

Will New Hampshire’s Democrat Majorities Repeat New York’s Mistakes?

December 24, 2018 Steve MacDonald

With the exception of the Governor’s office, on most days, the Democrats have complete control of State government. We have a good idea of what they will do with that. Gun ban bills will nibble away at the public space. School choice will suffer. They will try to raise taxes on job creators. There will be … Read more

NPR Sells the Theory That Cheap Oil is Bad for GDP and America’s Economy (Hint: it’s Not!)

November 27, 2018 Steve MacDonald

Did you hear? Cheap oil may now be bad for the economy. That’s the question “explored” in a piece at NPR titled, “Oil Prices Hit A New Low. Here’s Why That Might Be A Bad Thing.” Did you notice the application of “might?” Well, it might, but it might not with an emphasis on not. Related: … Read more

Data Point – Income Inequality?

November 14, 2018 Skip

..I mean, are Americans really no better off than they were during the late 1970s? I hear that stated quite frequently. But this chart of real income growth tells a different story. Please note that all the lines have been headed higher. Also note the 79 percent gain for the bottom 20 percent in post-transfer/tax … Read more

Treehugger time – I think you’ll know where this one went

November 10, 2018 Skip

“Tell me again why it should be legal for an employer to pay a wage that doesn’t cover living expenses? Freedom to exploit is freedom to kill, and it does.”

That was a comment, in part” from Annie Cass from a post “3 concepts from ‘Your Money or Your Life‘ that blew my mind” about thriftiness:

Your hourly wage isn’t your true hourly wage.
It’s crucial to track every single cent you earn, spend, and save.
Savings are more than just savings.

Now, I don’t necessarily agree with some of the basic premises but it did have some good information. But of course, Cass comes with the Marxist screed:

Brookstone Bankruptcy a Done Deal – Still not New Hampshire’s Fault

November 10, 2018 Steve MacDonald

Lost in the election noise was a report from NHBR last week that Brookstone’s bankruptcy was “official.” The chain, headquartered in Merrimack, New Hampshire, had fallen on hard times, attracting our attention when a reader tried to argue that the Granite State’s tax system was to blame for companies like Brookstone going out of business. … Read more

Nashua Telegraph Disses Dem. Molly Kelly, Endorses Chris Sununu for Governor

November 4, 2018 Steve MacDonald

I have to admit, I am surprised to see the Nashua Telegraph, a reliable left-leaning newspaper, abandon Democrat candidate Molly Kelly for Republican Governor Sununu. But according to this email I just got, they did. Telegraph Endorses Sununu New Hampshire is better off than it was two years ago. Some may even say the Granite … Read more

Protect New Hampshire’s Booming Economy – Vote Republican on Tue. Nov. 6th

November 4, 2018 Steve MacDonald

In case you forgot to share this great news with friends and neighbors. As of July, the average hourly wage for private employment in New Hampshire was $26.22, according to Bureau of Labor Statistics data compiled by the Federal Reserve Bank of St. Louis. New Hampshire’s real per capita personal income is up more than $4,000 since … Read more

NARAL says Restricting Abortion Access “Harms Children”

November 2, 2018 Steve MacDonald

I don’t know where you land on the spectrum of life before birth. Perhaps you agree that life begins at conception, or maybe you think it starts at some point that could never have been arrived at without conception. It’s your logic, not mine. But that’s not the argument I’m here to debate. Wherever you are in … Read more

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Obama Spotted at Subaru Dealer Trying to Buy a ‘Legacy’

October 24, 2018 Steve MacDonald

Desperate for relevance, Mr. Obama continues to claim credit for an economic recovery that isn’t supposed to exist. Such is the conundrum, some would say hypocrisy, of the left. The economy’s not that good if you ask a Democrat. Of course, it’s a good deal better than the left’s post-Trump election promised total economic collapse (viewed … Read more

New Hampshire Hits New High for Jobs Created

October 17, 2018October 17, 2018 Steve MacDonald

The excellent employment news continues for Granite Staters. Yesterday’s update from the New Hampshire Office of Employment Security (NHES) reports 741,480 held jobs last month an increase of 1,430. Just a few months ago we reported record-breaking employment numbers, but that was no fluke. Tax cuts for job creators continue to generate incomes for individuals and … Read more

Why Do NH Democrats Want to Kill Job Growth and the Economy?

October 14, 2018 Steve MacDonald

I so enjoyed writing this post that it needed a video to go with it. New Hampshire is experiencing some significant benefit from Republican tax and economic policy. Democrats are promising to take those benefits away. Please do what you can to educate them about the consequences of allowing that to happen and what they need … Read more

New Hampshire’s Economy Is Booming – Democrat Want to Take It All Away

October 14, 2018 Steve MacDonald

Last month, Drew Cline, writing at the Josiah Bartlett Center for Public Policy, provided some numbers that reinforce arguments I’ve been making on these pages for years. That if the government just stays out of the way jobs and wages will take care of themselves. As of July, the average hourly wage for private employment … Read more

I feel real sorry for financial advisor Molly Kelly’s (running for NH Governor) clients…

September 28, 2018September 24, 2018 Skip

One of the ads Molly Kelly was running during the primary was this gem of Cognitive Dissonance / Political double dealing (emphasis mine)

We’re getting slammed by ever higher electric bills. Eversource is making huge profits. The Governor? He collected more than $50K from Eversource and vetoed two renewable energy bills. I’m Molly Kelly and I’m running for Governor because I think that’s got to change. As a State Senator, I stood up to the big utilities. I led the fight to expand clean energy and create jobs. I’m not taking any donations from corporate PACs so I won’t owe them anything. We will stop the corporate handouts and put people first.

I’m going to leave PAC crap alone (although we need to see if she’s taking money from unions and Planned Parenthood PACs) for now. Take those three lines – how much can you get so wrong with so few words?

Notable Quote – Eamonn Butler

September 27, 2018September 16, 2018 Skip

[Capitalism] is a highly moral system too. The human relationships in capitalism are not forced but voluntary. People invest, create, supply, buy and sell things as they choose. No government ordains their actions: the decisions are theirs. Indeed, the only role for the power wielded by the state is to ensure that individuals are not … Read more

Data Point – Individual Income Taxes set record

September 27, 2018September 16, 2018 Skip

The federal government collected a record $1,521,589,000,000 in individual income taxes through the first eleven months of fiscal 2018 (October 2017 through August 2018), according to the Monthly Treasury Statement released today. Yet, the Progressive / Socialist / Democrats keep saying we have a revenue problem. Seriously? However, the federal government also ran a deficit … Read more

US Sees Record Small Business Optimism – Democrats Promise To Take It All Away

September 27, 2018September 12, 2018 Steve MacDonald

Trump’s recovery summer continues to stack up wins as small business optimism piles on to an already impressive roll call.

From National Review.

Optimism among small-business owners reached a record high in August as Republican-passed tax cuts and deregulation began to bear fruit, according to a survey by the National Federation of Independent Business.

The NFIB Small Business Optimism Index hit 108.8 last month, the highest it’s been in the index’s 45-year history, beating the previous record of 108 set in 1983 under Republican president Ronald Reagan.