Tag Archives: economics

The lies of free trade proponents

In his SOTU speech, Barack Obama announced that his Administration is (unconstitutionally and thus illegally) negotiating trade agreements with the EU and countries of the Pacific Rim. Free trade proponents – including Iain Murray of the pseudoconservative American Spectator – applauded him, as they are ideologically aligned with him. In defense of their (and his)… Read More »

Free trade is for idiots

For decades, globalists and libertarian free trade ideologues have been telling us that free trade has been “good” for America, that it’s a traditional conservative/Republican policy, and that any suggestion that America should protect its industry – i.e. protectionism – is a Big Government policy and a betray of “free market principles”. Free trade is… Read More »

Hippienomics

The spirit of free love — and free stuff — has hit the United States, and let’s all wallow in the glory of an economy where that’s the only thing one can afford to do is love. The spiritual masturbation of sitting around in a circle smoking a peace pipe and slapping tambourines, imagining everyone’s… Read More »

How To Help Millenials: An Interview With Former Labor Department Official

The July 2012 jobs report was released on August 3rd 2012, and major news outlets have been reporting that the US economy added 163,000 jobs.  While the debate  rages on about the accuracy of the real number of jobs created or lost, the economic impact on young Americans has been lost in the fervor. The jobs… Read More »

Moody’s Downgrades Pennsylvania

With Harrisburg already bankrupt and Scranton on the verge, Moody’s has decided to downgrade the state’s credit rating from Aa1 to Aa2. Citing unfunded pension liabilities, high debt and slow to moderate growth the rating agency also changed it’s outlook for Pennsylvania from negative to stable. On the upside, Moody’s says that the Government has… Read More »

VOODOO Food Economics

The USDA, in trying to increase participation in the SNAP or food stamp program, claims that for every dollar transferred to beneficiaries a dollar and seventy-two cents in economic activity is generated. If we were to follow this mushy thinking to it’s logical conclusion, then if we all quit our jobs, closed our businesses and… Read More »

Will Obama Learn From Sweden?

 Have you ever heard of Anders Borg? He has a ponytail and wears an earring. He is an economist. He is also the finance minister of Sweden. When Sweden’s prime minister Fredrik Reinfeldt became party leader in 2003, he made Borg his right-hand man. Since becoming Sweden’s finance minister, Borg reduced the size of government… Read More »

US Energy Policy: Why It Failed & How To Fix It

THE FACTS ABOUT UNITED STATES ENERGY  One of the biggest drains on the American economy is, undoubtedly the importation of energy.  In the early 1970’s the United States was the world’s largest producer of Oil and Natural Gas.  If we still remain near the top of the world’s list of producers – #3 according to the… Read More »

Repeat After Me: “I am a Marxist Puppet Preacher from NYU.”

      NYU Economics Professor, Preaching Marxism at OWS   Watch this short video. Is it any wonder these many of these college age student-bots you see here can not get a job in the real world?    Meet professor Richard D, Wolff,  (preaching at OWS above) who[supposedly] teaches college students economics at NYU.… Read More »

Bloomberg TV is an Actual Channel: GOP Economic Debate Recap

Tuesday night saw the latest GOP debate as the Washington Post teamed up with Bloomberg TV (it’s a channel; I looked it up) to present the first exclusively economic debate of the primary season.  Charlie Rose was fairly benign as the moderator of the literal round table debate.  The candidates sat at a large table… Read More »

Protesting for the problem they're against

The Occupy Wall Street protesters are voicing a very real and understandable grievance. Corporate America is far too involved in politics. I agree wholeheartedly. What these protesters do not understand is how or why corporations got involved in the government in the first place. In their calls to end capitalism they are showing a basic… Read More »