Category Archives: Economy

What’s Happened to the Stock Market?

It’s been quite a downhill ride on Wall Street recently.  Last Friday, the Dow industrials fell 530 points and lost 3.1% of its total value.  Monday was even worse.  The Dow industrials followed that slide with an even bigger decline, losing 588 points or 3.6% of its total value.  What caused these huge declines?  Was it China and [...]
Posted in Economy | Comments closed

TPA – Poison Pill or Vitamin Pill for Free Trade?

BREAKING NEWS – Monday, June 8, 2015 from breitbart.com/big-government – Breitbart reports today that Rep. Duncan Hunter has requested the House Majority Leader, Rep. Kevin McCarthy, to delay voting on any fast-track authority  usually called the Trade Promotion Authority (TPA) for the President, until the President makes public all information and text related to the proposed, [...]
Also posted in America's Future, Free Trade, Freedom, Regulations, Tariffs, Trade Promotion Authority (TPA), Trade in Services Agreement (TISA), Trans-Pacific Partnership (TPP) | Comments closed

State of the Union Rebuttal – A Conservative View

This week the news media is focusing on the President’s State of the Union Address.  In particular, people are discussing the proposed $320 Billion tax increase and the suggested benefits to so-called “middle income economics.”  Is it true that middle class economics will benefit from the proposed tax increases?  Will increased child care credits and forced retirement [...]
Also posted in America's Economic War, Economic Growth, Redistribution of Wealth, State of the Union, Taxes | Comments closed

Sorry Socialists and Progressives … Businesses Create Jobs!

If you listen to at least one public figure, corporations and businesses don’t create jobs.  I’m sorry, socialists and progressives, but businesses do create jobs!  Please look at the empirical evidence, look at the economic data, look at the economic theory that supports a mountain of economic evidence.  No government in the history of the [...]
Also posted in America's Economic War, Big Government, Economic Freedom, Economic Growth, Job Creation, Jobs, Small Businesses, Socialism | Comments closed

Will America Erect an Iron Tax Curtain around us to Keep Corporations in?

In a powerful and profound Editorial this week, The Wall Street Journal presents new information from the Tax Foundation that America’s tax burden on businesses is nearly the worst in the industrialized world.  That’s right, America is ranked number 32 out of 34 of industrialized nations that are part of the OECD (Organization for Economic [...]
Also posted in Economic Freedom, Economic Growth, Prosperity, Taxes | Comments closed

Did You Think Those New Jobs Were All Full-Time?

An op-ed piece in The Wall Street Journal this week points out that not all those new jobs created in June were full-time jobs.  Let’s look at the numbers. There was a net increase of jobs in June of 288,000.  But, what’s behind that statistic?  Part-time jobs increased by about 800,000 and full-time jobs declined by [...]
Also posted in Economic Growth, Job Creation, Jobs, Unemployment | Comments closed

Economic Growth – Texas vs. California

In The Wall Street Journal this week, there is an op-ed article that compares Texas and California in the area of economic growth.  The two States have different policies that reflect on their respective economic growth.  Let’s look at some numbers. Did you know that 3 out of 5 of the nation’s fastest growing cities are [...]
Also posted in Economic Growth, Job Creation, Jobs, Regulations, Taxes, Unemployment | Comments closed

The Redistribution Recession – Why Public Policy Made Layoffs Cheaper

Writing in The Wall Street Journal, University of Chicago economics professor Casey B. Mulligan talks about his book The Redistribution Recession. According to the article, public policy intended to help both the poor and the unemployed actually reduced the incentives of people to work and businesses to hire.  Also, these same policies, subsidies and regulations [...]
Also posted in Jobs, Redistribution of Wealth, Unemployment | Comments closed

Is the American Economy Close to a “Slipping Point?”

Is the American Economy ready to slip back into a major recession in the next 12 months?  What are the signs of potential problems? Obviously, the shockingly anemic GDP Q1 growth rate of 0.1% stands out as a red flag.  Some observers think such growth is only temporary and Q2 will be better.  But, what about [...]
Also posted in Job Creation, Jobs, Unemployment | 1 Comment

Economic Prosperity vs. Economic Mediocrity – What will America Choose?

As food prices continue to soar in our supermarkets, as gasoline prices continue to skyrocket at the pumps, as the housing market continues to sputter, and as unemployment continues to be very high – around 9% to 10%, have you ever wondered why?  What has happened to the American economy?  Must the American economy continue to stagnate?  Are America’s [...]
Also posted in America's Future, Big Government, Choosing the Good Life, Economic Growth, Inflation, Job Creation, Jobs, Limited Government, Poverty, Prosperity, Taxes, Unemployment | Comments closed