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Jun 16, 2024 ~ "I voted for this shit." Obama voter reveals how he finally figured out that the Democrats have been lying to him all along. "I voted for Obama/Biden in 2008 based on Obamacare." "Everything that they said was not true... Insurance premiums went up instead of down..." His insurance that he had through 2 bouts of cancer ($185 a month with $1000 deductible) was cancelled because Obamacare said it wasn't good enough. They could no longer offer it. After that, the cheapest insurance he could find was $1200 a month with a $6000 deductible. He could not afford to get insurance and keep a roof over his kids' heads. But then for 10 years he had to pay a penalty for not having health insurance. Thanks to Obamacare, he could not afford health insurance anymore and thanks to Obamacare, he had to pay a penalty for the privilege of no longer being able to afford health insurance. "I voted for that shit and it did nothing but hurt me and my family." He wasn't able to do his post-cancer followups. He couldn't keep his plan or his doctor and he had to pay penalties. "Insurance was through the roof. It literally killed the middle class... Obamacare was 100% supported by Democrats and 100% voted against by Republicans. That reason right there alone is why I left the Democratic party." "I also looked at when Trump got elected, I got a tax cut. My employer got a tax cut. My employer then gave all 3000 employees raises and raised the minimum wage to $15 an hour. And I noticed Nancy Pelosi said its just crumbs if anyone got anything out of it. No, I got a $3 an hour raise back in 2017. That was not crumbs. I noticed other companies started giving bonuses, better benefits, better benefits, raises, etc. And I noticed who voted on that. 100% Republicans, not a single Democrat. So we had Republicans wanting me to have more of my money and the Democrats did not want me to have more of my money." "There are people who Obamacare helped... but the majority of Americans, they got it stuck to them." Then he went into how everything was so much more affordable under Trump. "Vote wisely." [Economics, Obamacare, Politics]
Jun 9, 2024 ~ "The Quest for a ‘Clean Economy’ Collides with Reality" "A typical Tesla Model 3 battery, which contains six kilograms of lithium, eight kilograms of cobalt, eight kilograms of aluminum, 17 kilograms of copper, 42 kilograms of nickel, and 55 kilograms of graphite. All of these materials come from somewhere, and that somewhere is underground — often, far beneath the surface. As a rule, underground mines make for very uncongenial neighbors. Their sites are dirty and dusty, loud, crowded with vehicular traffic, liable to pollute aquifers and generate toxic waste, and demanding of enormous quantities of water. Underground extraction can also conflict with deeply rooted cultural, historical, and social norms and practices." [Climate Change, Economics, Environment]
Jun 8, 2024 ~ 'California Setting Up It's Next Energy Disaster' Just like CA set itself up for water shortages by not building any reservoirs while population more than doubles, they are setting up an energy disaster by shutting down refineries. "No new refineries have opened since the 1960s. In fact, according to CEC data, more than 60% of the refineries opened in California during the last 100 years are now closed or idle." "Instead of fostering innovation, state policies have actively sought to put refineries out of business." [California, Climate Change, Economics, Energy]
Jun 6, 2024 ~ The insane California $20 minimum wage keeps taking its toll. Besides killing tens of thousands of jobs, cutting hours, raising prices, causing reduced hours and closings, now Rubio's Coastal Grill is closing all 48 locations in California. [California, Economics, Minimum Wage]
Jun 3, 2024 ~ 'A Ban on Freelance Work' "The Labor Department just imposed 300 pages of new regulations to reclassify many individual contractors as payroll employees." This immediately cost many freelancers their jobs. So many had to lobby for exceptions. Those who couldn't get in on the exceptions are screwed. As usual, government does more harm than good with their 'good intentions.' [Economics, John Stossel, Regulations]
May 27, 2024 ~ 'Why Do Women Pay More for Shampoo? It’s Not Sexism' Another BS narrative (the so called 'pink tax') that mostly Democrats buy into. Women pay more for 'different' higher quality products. They have the option of buying the so-called men's versions. [Economics, Fake News, Gender]
May 25, 2024 ~ 'Joe Biden’s Terrible Tax Hikes' Biden plans to let Trump's TCJA expire. That will undo all of this: "Annual tax revenue increased by 1.1 trillion from 2018 to 2023, a whopping 33% rise. Wages for millions of Americans surged, with more than 400 companies announcing bonuses, new hires, or new investments in the United States." "Over $1.5 trillion was repatriated to the United States from overseas." [Economics, Economy, Tax Cuts]
May 19, 2024 ~ 'The Carbon-Offset Game Is Up' Even thought it was obvious a over decade ago, it apparently can no longer be denied that carbon offsets are a total scam which allows some to profit off of others virtue signalling while having no impact on the climate. [Anti-Science, Climate Change, Economics]
Apr 27, 2024 ~ 'Capitalism Versus Racism' The race hustlers claim you can't eliminate racism without eliminating capitalism but capitalist countries are the least racist. Ibram X. Kendi: "In order to truly be anti-racist, you also have to truly be anti-capitalist." Angela Davis, "Racism is intricately linked to capitalism. It's a mistake to assume that we can combat racism by leaving capitalism in place." [Economics, Fake Racism, John Stossel]
Apr 7, 2024 ~ 'Alleged Financial Benefits of Diversity Vanish Under Scrutiny, Study Shows' Contrary to the DIE narrative, "The researchers — Jeremiah Green, an associate professor of accounting at Mays Business School at Texas A&M University, and John Hand of the University of North Carolina Kenan-Flagler Business School — found there were no statistically significant correlations between the racial and ethnic diversity of a company’s executive team and its financial success." No real surprise. [CRT DIE Wokeness, Economics]
Apr 7, 2024 ~ 'California Triggers Bloodbath By Raising Minimum Wage To $20 An Hour' Democrats have to keep making the same mistake. CA raised the fast food minimum wage (except for big Newsom donors) to $20. Predictable mass layoffs, hours cut and closings followed. Restarants are ordering self service kiosks so fast that there is a temporary shortage. [California, Economics, Minimum Wage]
Mar 20, 2024 ~ 'New York Doomed to Be Migrant Central -- Other Cities Take Note' NY is getting killed by their self inflicted 'right to shelter' policy that no other large city has. NYC "spends more than 10 times as much as Los Angeles per migrant and more than five times as much as Chicago." Illegals are put up in hotels and taken care of at great expense while citizen taxpayers lose services. They are turning the city into a magnet for unlimited illegal immigration sending them into an unsustainable death spiral of inevitable bankruptcy. US Democrats are the dumbest people on the planet. [CRT DIE Wokeness, Economics, Illegal Immigration]
Mar 19, 2024 ~ 'The Actual Minimum Wage is $0' Democrats ONCE AGAIN put a lot of people out of work because they don't understand the minimum wage. After "Seattleites had to contend with $26 coffees and $32 sandwiches," Uber Eats and Door Dash orders went off a cliff. Drivers saw their incomes cut in half or worse. Many out of work. Typical results when Democrats raise minimum wage but they NEVER learn. Update: Uber and Lyft are pulling out of Seattle on May 1. Democrat policies put out of work the very people they are trying to help. [Economics, Minimum Wage]
Mar 19, 2024 ~ 'Larry Summers: Inflation Much Worse Than Government Says' "We show that if we make an effort to reconstruct the CPI of Okun’s era—which would have had inflation peak last year around 18%, we are able to explain 70% of the gap in consumer sentiment we saw last year." [Economics, Economy]
Mar 16, 2024 ~ 'Over 100 Pizzerias Could Shut Down Due to NYC‘s Green Rule' The Democrats just can't stop ruining everything! NYC Pizza is legendary and they are destroying for NO benefit. They can't afford the useless requirements and will shut down. [Economics, Environment, Health Care, Loathsome Left, Regulations]
Nov 5, 2023 ~ John Stossel, 'The Food Insecurity Lie' Joe Biden says 24 million Americans "suffer from food insecurity!" That sounds like 24M are starving. Far from it. In fact 'food insecure' people are MORE likely to be obese. "Food insecurity is not the same thing as hunger. It just means that they had to rely on cheaper foods, store-brand alternatives ... or reduce variety." This is similar to the lie Democrats and the #FakeNews tell about "food deserts." They get create their stats for food deserts by excluding all stores with sales less than $2 million. But if they include all the stores that sell food, the effect disappears. [Economics, Fake News, John Stossel]
Nov 4, 2023 ~ Brianna Lyman, "It Takes Trucker Two Minutes To Pick Apart The EV Narrative: ‘You Would Need To Pack 50,000 Pounds Of Batteries’" Fantastic article exposing the absurdity of the net-zero idea. The numbers do not even remotely add up. [Climate Change, Economics, Environment]
Sep 18, 2023 ~ Ryan Mills, "California EV Rules ‘Totally Impractical,’ Truckers Say; May as Well ‘Build a Spaceship and Go to Mars’" All of these many problems were forseeable by all but Democrat politician pinheads. The US needs to route supply chains around CA fast. [Climate Change, Economics, Economy, Regulations]
Sep 3, 2023 ~ AOC explains inflation: "Propaganda around inflation and cost of living is so powerful, that we forget the very basic fact that corporations set the prices for their products. If a corporation raises its prices, and then makes record profits, that's not some invisible monster. It's just a bunch of greedy shareholders." [Economics, For the record, it’s Congresswoman Ocasio-Cortez, Ocasionomics]
Aug 27, 2023 ~ Monica Showalter, 'Woke blue cities defund themselves' Bloomberg: "Nearly 160 Wall Street firms have moved their headquarters out of New York since the end of 2019, taking nearly $1 trillion in assets under management with them." San Francisco is same. [CRT DIE Wokeness, Economics]
Aug 20, 2023 ~ Steve Moore, 'Michigan Is Headed Back to Rust Belt Poverty' Dems repealed "right to work" laws. This bill will not only take away the right to choose from Michigan workers, but it will also do great damage to the state's economy. States that have "right to work" laws create jobs at almost twice the pace of states with forced union policies. Many businesses won't even consider locating a new factory or blue-collar operation in a forced union state. The auto jobs in America will now accelerate their move to the Southern states, which happen to be "right to work." [Economics, Economy]
Aug 13, 2023 ~ John Stossel, 'The Fake Climate Consensus' Climatologist Judith Curry says scientists have incentive to be alarmists. Path to "fame and fortune." She tasted it when her research showed hurricanes were getting worse. Not when she found that was in error. [Climate Change, Economics, Fake News, John Stossel]
Jul 14, 2023 ~ Max Laraia & Richard Morrison, 'The Carbon-Offset Market Is about to Crash and Burn' Important article. Reveals that the carbon offset market is a total scam. Even GreenPeace, @washingtonpost and ProPublica admits it. Money transfer, no climate benefit. [Climate Change, Economics, Energy]
May 6, 2023 ~ The Biden administration's Federal Housing Finance Agency announced new rules to punish people who have maintained good credit and reward those with bad credit. Those with good credit pay more so those with bad credit can pay less! What could go wrong? They truly are morons. [Biden, Economics]
May 2, 2023 ~ Burton Abrams, 'Progressives Are Declaring War on Basic Economics' "Progressives deny basic economic principles and theory. They deny that incentives matter, that markets work better than government dictates, that scarcity and opportunity costs exist, that the laws of supply and demand are operative, that benefit-cost analyses have merit, and that economic efficiency makes consumers and producers better off." "If progressives deny economics, what criteria do they use for decision-making? They rely heavily on the vaguely defined concepts of diversity, equity, and inclusion." Spoiler alert: Their approach does not work at all. [CRT DIE Wokeness, Economics, Poverty]
Apr 6, 2023 ~ Stephen Moore, 'Hey, Uncle Sam: Stop Paying People for Not Working' History of how well welfare reform worked and how all that's out the window now that Biden got rid of the work requirement and now the labor force participation rate is near a record low. [Economics, Entitlements]
Apr 1, 2023 ~ Vice President Kamala Harris visited Ghana, Africa and promised to give them $139 million. We are borrowing money like crazy, then printing more causing high inflation, yet we can hand out hundreds of millions around the world. [Debt, Deficit, Economics, Harris]
Mar 15, 2023 ~ Biden tweets a letter written by 4 year old 'Charlotte', complaing about the gender pay gap. He says, "Charlotte, I couldn’t agree more. Women lose thousands of dollars each year, and hundreds of thousands over a lifetime, because of gender and racial wage gaps." Gender pay gap has been debunked dozens of times by economists including female economists. Democrats repeat the lie anyway to capture the votes of the ignorant. Its one of many many big lies they tell like systemic racism in policing, climate change is an 'existential threat', etc. [Biden, Economics, Fake Racism, Gender Pay Gap]
Mar 10, 2023 ~ Stephen Moore, 'America's $100 Billion Climate Change Flop' After wasting over $100B, 2022 had record high CO2 emissions for the US. China is even worse. "$10s of billions have lined the pockets of left-wing environmental and social justice groups." [Climate Change, Economics]
Jan 27, 2023 ~ Stephen Moore 'It's Official: Trump's Tax Cuts Paid for Themselves' "revenues were up 40% in five years. The evidence through the first three years of the tax cut finds that the share of taxes paid by the wealthiest 1% rose as well." Tax cuts for the rich? [Economics, Tax Cuts, Trump Win]
Jan 25, 2023 ~ The EU, whose primary purpose is to extort money from successful and popular businesses, fines Facebook $414 million allegedly for targeted advertising. The EU has previously extorted billions from Apple, Intel, IBM, Microsoft, Google, airlines and many more. The EU is disgusting. [Economics, Regulations]
Jan 8, 2023 ~ New book 'The Myth of American Inequality' debunks the myth that there is a lot of inequality in the US. The reported poverty rate is 12% but that doesn't account for transfer payments. Real rate is 2% and those are very difficult cases. Also debunks the stagnant wages myth. [Economics, Poverty]
Nov 4, 2022 ~ Bono: “I thought that if we just redistributed resources, then we could solve every problem. I now know that’s not true. There’s a funny moment when you realize that...the off-ramp out of extreme poverty is... commerce, it’s entrepreneurial capitalism.” [Economics, Poverty]
Nov 2, 2022 ~ Biden can't say 1 sentence without telling several lies: "Inflation is a worldwide problem right now because of a war in Iraq, excuse me the war in Ukraine. I'm thinking of Iraq because that's where my son died." Inflation has nothing to do with Ukraine and his son died of cancer. In the same speech he claimed he spoke to the inventor of insulin and that he attended an HBCU, also both lies. [Biden, Economics]
Oct 17, 2022 ~ Brian C. Joondeph, 'The National Debt Elephant in the Room' "Each % increase of the federal funds rate translates into over $300 billion in annual interest payments." "There are no good solutions." Printing money causes more inflation, higher interest. [Debt, Deficit, Economics, Economy]
Sep 27, 2022 ~ John Kerry admits the ridiculously named Inflation Reduction Act has nothing to do with reducing inflation. "I'm not sure how much it has to do with inflation, but that's OK." Similar to Jonathan Gruber admitting "Lack of transparency is a huge political advantage. … [The] stupidity of the American voter … was really, really critical for [Obamacare] to pass." [Economics, Obamacare, Politics]
Sep 24, 2022 ~ Ben Zeisloft, "'The Myth Of American Income Inequality’: The Federal Government Drastically Overestimates Earnings Disparity" The 'gap' doesn't include transfer payments or account for graduated taxes. Politicians then use the artificial gap to demand more transfer payments. [Economics, Entitlements]
Sep 6, 2022 ~ Fox Business, "Experts blame green energy policies for Europe's full-scale energy crisis: 'A warning to the US'" 'There's been under-investment in fossil fuels in Europe,' an analyst from research firm Rystad Energy tells FOX Business. Europe is paying for their 'green' policies. [Climate Change, Economics, Economy, Energy]
Sep 6, 2022 ~ White House press secretary Karine Jean-Pierre said, "We have created nearly ten thousand million jobs since President Biden took office, which is the fastest job growth in history." That is 10 billion jobs. Fact check: False. #FakeNews [Biden, Economics, Economy, Fake News]
Sep 6, 2022 ~ CA and other Dem states are following Europe and Sri Lanka over the cliff by banning gas powered cars by 2030. This is madness and not remotely possible. The electrical grid is currently failing in CA with just 5% electric cars and almost all electricity generated by fossil fuels. [Anti-Science, Climate Change, Economics, Energy]
Aug 24, 2022 ~ Joe Biden announces that he is going to illegally go around Congress to 'forgive' $10,000 ($20,000 to lower income) in student loans for those making under $125K making chumps out of people who paid their own way. The winners are rich colleges and people getting useless degrees. Working class people paying for entitled college students. Expected to cost $300 billion additional dollars we don't have. Will cause even more inflation and hasten the bankruptcy of the US since that $300 billion goes right on the already ridiculous debt. [College, Economics, Student Loans]
Aug 22, 2022 ~ Kevin Williamson 'Real Trouble' "The labor-force-participation rate; the share of Americans who either have a job or are looking for one - continues to decline. We have a growing population but a shrinking workforce." "Real incomes have been declining significantly for some time" [Economics, Economy, Kevin Williamson]
Aug 21, 2022 ~ Jazz Shaw, 'BLM [Bureau of Land Management] suspends most oil/gas leases in Colorado' Biden is doubling down on the policies that lost our energy independence and caused skyrocketing energy prices. Beholden to environmental nuts. [Climate Change, Economics, Energy]
Aug 21, 2022 ~ Brian Riedl, 'The Case for Humility in Economics' Fantastic history of many many times economists got major things wrong. “Often wrong, never in doubt” applies not just here but in all disciplines like climate change, #COVID19 'experts', gun control, systemic racism, etc. [Climate Change, Coronavirus, Economics, Fake Racism, Guns-Mass Shootings]
Aug 20, 2022 ~ Steven Nelson, @nypost, 'Biden, WH claims US has ‘zero inflation’ despite annual rate remaining 8.5%' "Today we received news that our economy had 0 percent inflation in the month of July." Not even his usual accomplices in the #FakeNews wanted to provide cover for this lie. [Biden, Economics, Economy]
Aug 18, 2022 ~ To illustrate how ridiculous the $7500 EV Tax Credit the government just passed is, as soon as they passed it, Fort raised the price of an electric truck by $8500. Just like colleges, not students are the beneficiaries of student loans, car companies not consumers benefit here. [Climate Change, Economics, Economy]
Aug 18, 2022 ~ President Biden signs the ridiculously named Inflation Reduction Act into law. Everyone including the non-partisan CBO admit it will do nothing to reduce inflation. It wastes $750 billion on "climate change" but will also do nothing for the climate. It adds 87000 IRS agents. [Biden, Climate Change, Economics, Economy, Taxes]
Aug 14, 2022 ~ Ryan Mills, 'Schools Are Wasting Covid Cash' Nearly $200 billion was allocated to schools. Far far more than they needed for anything pandemic related. Splurging on everything, contributing to inflation. [Coronavirus, Economics]
Aug 3, 2022 ~ Victor Davis Hanson, 'Why We Lost Trust in the Expert Class' Good list of fake stories pushed on us by the so called experts. All the countries that destroyed their economy or energy and food security by buying into the Green narrative. Covid lies. Economists, generals, intel ops [Coronavirus, Economics, Economy, Fake News, Russia Hoax]
Jul 29, 2022 ~ David Harsanyi, "The Dems' New Proposal Does Nothing To Lower Inflation" "The bill also dumps another $369 billion into green boondoggles, which also acts as a slush fund for Democrats." Fighting inflation with big spending is like fighting a fire with a flame thrower. [David Harsanyi, Economics, Economy]

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