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Oct 22, 2020 ~ Kevin Williamson, 'Joe Biden Can't Tax the Rich'. Tax increases on 'the rich' and businesses boomerang back onto the poor and middle class. They pass on the increases in the form of higher prices, lower wages, less raises, less hours, layoffs, etc. GDP goes down. Hurts 401k too. [Biden, Economics, Economy, Tax Cuts]
Oct 11, 2020 ~ The WHO now says lockdowns are a bad way to fight #COVID19. 'We in the World Health Organization do not advocate lockdowns as the primary means of control of this virus,' said Dr. David Nabarro, the WHO's Special Envoy on Covid-19. They make 'poor people an awful lot poorer.' [Coronavirus, Economics]
Oct 8, 2020 ~ Midwestern State U 'Ethics' Prof Nathan Jun says 'I want the entire world to burn until the last cop is strangled with the intestines of the last capitalist, who is strangled in turn with the intestines of the last politician' Says University has 'callous disregard for my safety' [College, Economics, Loathsome Left, Politics, Violent Left]
Sep 16, 2020 ~ Recall, in addition to being a self proclaimed Marxist, Black Lives Matter Co-Founder Alicia Garza said we have to 'abolish capitalism' for black lives to matter. 'It’s not possible for a world to emerge where black lives matter if it’s under capitalism.' Says that on website too [BLM, Economics]
Sep 3, 2020 ~ The American Psychological Association, says 'Every institution in America is born from the blood of white supremacist ideology and capitalism - and that's the disease'. Another disgusting smear. The @APA controls education and licensing of most U.S. psychologists. [Fake Racism, Economics]
Aug 19, 2020 ~ Derek Hunter debunks the narrative that the reason the median income of whites is higher than blacks is due to 'white supremacy' and oppression. Whites are 9th on the list of median income in the US. Indian Americans highest. Asian, Pakistani Americans, others higher than whites. [Fake Racism, Race, Economics, Derek Hunter]
Aug 6, 2020 ~ Stanford University economist Eric Hanushek reviewed nearly 400 studies on school funding and concluded that "there is not a strong or consistent relationship between student performance and school resources." Funding is up 280% per student inflation adjusted since 1960. [Education, Economics]
Jul 8, 2020 ~ Robert Doar, 'Denying Progress Is Key to the Left's Rhetoric' 'There are hundreds of ways to document how different America is today than it was 60 years ago.' Political, black president, 57 black members of Congress, black college graduation rates 4x, millions in upper income. [Race, Politics, Economics, College]
Jun 26, 2020 ~ BLM founder Patrisse Cullors reveals why these riots continue. 'Trump needs to be out of office?our goal is to get Trump out now.' Protestors wear 'Trump/Pence Out Now' stickers. They also claim to be 'Marxists' and chant 'Abolish Capitalism Now'. This is not about George Floyd. [George Floyd, Politics, Economics, BLM]
Jun 20, 2020 ~ Alexandra Phillips, The Telegraph, 'Make no mistake - BLM is a radical neo-Marxist political movement' All these corporations giving millions to #BLM have no idea what they are signing up for. 'BLM happily self-identifies as a neo-Marxist movement... dismantling capitalism' etc. [Race, Racism, Economics, BLM]
Jun 10, 2020 ~ Andrea Widburg, 'A word about public-sector unions' Great explanation of why public-sector unions are bad. FDR understood. Normal union is labor vs. management. Both have skin in the game. Business fails if unreasonable. PSUs are workers+politicians vs. taxpayers who have no say. [Unions, Economics]
Jun 9, 2020 ~ Manufacturing plant 7-Sigma will not be rebuilding In Minneapolis after it was burned to the ground in riots. 'They don't care about my business. They didn't protect our people. We were all on our own. The fire engine was just sitting there but they wouldn't do anything.' 50 jobs [George Floyd, Violent Left, Economics]
May 18, 2020 ~ Ibram X. Kendi says 'Capitalism is essentially racist; racism is essentially capitalist. They were birthed together from the same unnatural causes, and they shall one day die together from unnatural causes.' Nonsense. Capitalism is simply an economic system based on liberty. [Economics, Fake Racism]
May 13, 2020 ~ John Stossel on how the unintended consequences of the Americans with Disabilities Act may have harmed people with disabilities more than it helped them by making employers afraid to hire them. 'Before the ADA passed, 59% of disabled men had jobs.' 48% after, now less than 30%. [John Stossel, Economics]
Apr 28, 2020 ~ Rich Lowry, 'The Hospital Crisis of Our Making' One purpose of shutting down was to protect health care workers. But they're being laid off by the tens of thousands due to stopping 'elective' medical care. 'We had to destroy the hospitals to save them.' Unintended consequences. [Coronavirus, Economics, Health Care, Rich Lowry]
Apr 23, 2020 ~ Mitch McConnell and GOP correctly refuse to bail out states that were heading to bankruptcy prior to COVID19 due to decades of under funding pensions. 'There's not going to be any desire on the Republican side to bail out state pensions by borrowing money from future generations' [Coronavirus, Economics, Entitlements]
Apr 23, 2020 ~ Andrew Cuomo is asked about the concerns of people who lost their job and want to get back to work. He said, 'if you want to go to work, go take the job as an essential worker.' Very out of touch. Jobs people use to feed their family and pay their bills are essential jobs. [Coronavirus, Economics]
Apr 1, 2020 ~ Walter Williams, 'Managing a Disaster'. Professor Williams tries again to explain how price gouging laws cause the kinds of shortages we are seeing due to COVID19. Allows some to hoard while many others get none. Allowing prices to rise would signal more production, less hoarding [Walter Williams, Coronavirus, Economics]
Mar 17, 2020 ~ Walter Williams, 'Socialism's Past'. Prof. Williams catalogs a long list of failed socialist promises and predictions and equally untrue statements and predictions about capitalism. Among the quoted, 'Stalin, Lenin, Mao, Castro, Hugo Chavez, Maduro, and Bernie Sanders.' [Walter Williams, Economics, Socialism, Sanders]
Mar 17, 2020 ~ John Stossel explains why laws against 'Price Gouging' do more harm than good. When prices are allowed to adjust to supply and demand, 'people don't experience long lines and shortages.' Otherwise, 'Only the first customers get what they want.' 'Price "gouging" saves lives.' [John Stossel, Economics, Coronavirus]
Mar 11, 2020 ~ John Stossel, 'Government Outlaws Freelance Work' New law requires reclassifying freelance workers as employees. 'people who hire them must now give them benefits like overtime, unemployment'. Vox calls it 'a victory for workers everywhere', then lays off hundreds because of it. [John Stossel, Regulations, Economics]
Feb 28, 2020 ~ Bill Barr, 'The crux of the progressive program is to use the public purse to provide ever-increasing benefits to the public and to, thereby, build a permanent constituency of supporters who are also dependents.' Make us 25 yr olds in the basement fighting for a bigger allowance. [Economics, Politics, Entitlements]
Feb 26, 2020 ~ At a CNN Townhall a student named Beverly who racked up an insane $250,000 in student loan, mostly from undergrad asked Sanders, 'What is your plan for students like me with student loan debt and how do you plan to pay for it?' Who wouldn't spend that much if the government pays? [College, Entitlements, Education, Economics, Sanders]
Feb 25, 2020 ~ Stephen Moore, 'Natural Gas Is Crushing Wind and Solar Power' The cost of natural gas is down 90% since 2005 'thanks to fracking' which dems want to ban. Had to import natural gas 10 years ago. This boom has allowed the US to reduce CO2 emissions faster than any other country. [Economy, Economics, Energy, Climate Change]
Feb 20, 2020 ~ David Harsanyi, 'Bernie's Wrong: We Are Better Off Today Than We Were 45 Years Ago' Sanders claim that 'after 45 years of work are not making a nickel more than they did 45 years ago.' 'is a myth'. There's been a 45% wage increase since 1964 and those dollars go much farther. [Economics, Fake News, Sanders, David Harsanyi]
Feb 5, 2020 ~ Walter Williams debunks the idea that corporations pay taxes. 'Corporations are simply tax collectors for the government.' 'A corporation can shift the tax burden by raising its product prices, lowering dividends or laying off workers. The lesson is that only people pay taxes.' [Walter Williams, Economics, Taxes]
Dec 26, 2019 ~ Seattle waitress lost her job 'as a consequence of the city's harmful minimum-wage experiment.' She says 'I'm proudly progressive in my politics, but my experience shows that progressives should reconsider minimum-wage laws that hurt the very workers they're trying to protect.' [Minimum Wage, Economics]
Dec 24, 2019 ~ Heartland Institute releases policy brief 'Debunking the Scandinavian Socialism Myth: An Evaluation of Denmark, Norway, and Sweden' Despite Bernie talking points, these are not socialist countries. Yes they have high taxes but have freer markets than the US in many ways. [Socialism, Economics, Sanders]
Dec 17, 2019 ~ CA AB 5 law prohibits freelancers from submitting more than 35 articles per year. Govt trying to force the full time hire of those people but they just killed freelancing in CA. Companies forced to hire from other states. Vox which supported the law fires 100s of CA freelancers. [Regulations, Economics, California]
Dec 11, 2019 ~ Citadel prof Dr. Richard Ebeling article 'Business Ethics and Morality of the Marketplace' Under Capitalism 'You can only improve your own position by improving the circumstances of others.' 'All associations and relationships are based on voluntary agreement and mutual consent ' [Economics]
Dec 2, 2019 ~ Mark Ruffalo says 'It's time for an economic revolution. Capitalism today is failing us, killing us, and robbing from our children's future.' Madness. He has a net worth of about $30 million and is campaigning for a socialist. Socialism is what has failed and is killing its people [Socialism, Economics]
Nov 27, 2019 ~ John Stossel, 'Thanks Private Property'. Explains how the Pilgrims 'almost starved' trying socialism with no private ownership. In a desperate attempt to try something new, Bradford 'assigned every family a parcel of land' People started to work and invent. Soon they had plenty. [Socialism, Economics, John Stossel]
Nov 20, 2019 ~ Joshua R. Hendrickson debunks new book 'Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay' which claims to show that rich and poor pay the same average tax rate. Many problems with the analysis. One big one is they don't include transfer payments as income. [Economics, Taxes, Fake News]
Nov 13, 2019 ~ Norman Rogers article, 'Fake Wealth and Income Statistics'. Dems complain that its unfair capital gains and dividends are taxed lower than income. But dividends are taxed twice so combined it's a 38% rate. And since cap gains not inflation index, most of tax is on inflated gains. [Economics, Taxes]
Oct 15, 2019 ~ As usual, minimum wage hike unintended consequences make things worse for workers. CNN Business 'the wage increases are not helping because their hours are falling.' 'I got that dollar raise but I'm getting $200 less in my paycheck' Some forced to quit because hours too low. [Minimum Wage, Economics]
Oct 14, 2019 ~ Lee Edwards, 'Three Nations That Tried Socialism and Rejected It' After trying and failing with socialism, 'Israel, India, and the United Kingdom each lifted itself from economic stagnation by switching to free-market policies.' Add USSR, China and many others. [Socialism, Economics]
Oct 10, 2019 ~ Michael Strain debunks fake NYT article titled 'The rich really do pay lower taxes than you' The lowest 20% of households pay an avg federal rate of 2%. The mid 20% pay 14%. The top 20% pay 27%. The top 1% pay 33%. If you include transfer payments, rate of the bottom 20% is -70%. [Fake News, Economics, Taxes]
Sep 18, 2019 ~ Biden claims if 'we provide an $8,000 tax credit for everybody who has childcare costs, it would put 720 million women back in the workforce. It would increase the GDP, to sound like a wonk here, by about eight-tenths of one percent' Biden is in NO DANGER of sounding like a wonk. [Politics, Economics, Biden, Taxes]
Aug 30, 2019 ~ Deroy Murdock article 'Here's Why Housing Is So Expensive'. The amount of red tape, regulations and costs since just the late 1990s has increased 5 to 7 times. This is driving up the asking price in some areas like California 233%. [Economics]
Aug 21, 2019 ~ Stossel says so far so good with Trump's promise to deregulate. He has eliminated about 5 regulations for every new one. One of the contributors to the great economy. 'regulations have unintended side effects that often outweigh the good they're intended to do.' [Trump Win, Economy, Economics, Regulations, John Stossel]
Aug 12, 2019 ~ New DHS regulations 'consider an immigrant's use of non-cash government-assistance programs, such as the SNAP and Medicaid, as a negative factor in determining their eligibility for a green card or temporary visa.' Free stuff is a magnet we can't afford. Already drowning in debt. [Trump Win, Illegal Immigration, Immigration, Economics, Entitlements]
Aug 3, 2019 ~ Johnny Kampis article, 'Disparities in Cost of Living Show Folly of Uniform Federal Minimum Wage' A federal number is useless. 'you'd have to make nearly $54 an hour in San Francisco to have the same quality of life that you'd get on $15 an hour in Cullman.' [Minimum Wage, Economics]
Jul 24, 2019 ~ Stossel 'Wages War' 'After Seattle raised its minimum wage to $15, entry-level job growth stalled. Job growth continued in the rest of Washington state but not in Seattle.' Businesses once hired 'inexperienced kids and trained them, giving them valuable starter experience'. [Minimum Wage, Economics, John Stossel]
Jul 23, 2019 ~ Rashida Tlaib one ups her democrat colleagues by calling for a $20 minimum wage. They all look stupid now calling for $15 since the government can arbitrarily set the minimum wage to any amount with no consequence. Her cheers will be short lived when the next dem calls for $30. [Minimum Wage, Economics, Tlaib]
Jul 8, 2019 ~ Restaurants Unlimited which operates 35 restaurants filed for bankruptcy due to minimum wage impact. 'Over the past three years, the company's profitability has been significantly impacted by progressive wage laws along the Pacific coast that have increased the minimum wage'. [Minimum Wage, Economics]
Jul 8, 2019 ~ Women soccer players demand 'equal pay' but facts are not with the players. They seem to think they should be paid the same for 'same job responsibilities' but it doesn't work that way. Men's World Cup generated $6 billion, men get 7%, Women's generates $131 million, women get 20% [Gender Pay Gap, Economics]
Jul 8, 2019 ~ CBO runs numbers on a $15 federal minimum wage and reports that it would eliminate about 1.3 million jobs while reducing standard of living for the consumers who will pay higher prices. Only dems think you can legislate wages with no consequence but then why not $100 per hour? [Minimum Wage, Economics]
Jul 8, 2019 ~ Steven Camarota article, 'Immigration Is No Fix for an Aging Society'. You often hear we need immigrants to shore up our insolvent social programs like Social Security and Medicare but Camarota shows that the numbers for that argument don't work at all. [Economics, Immigration, Entitlements]
Jun 26, 2019 ~ Bernie's #CancelStudentDebt program would be a disaster. Heather Gautney, a senior policy advisor for Sanders says 'I am $180k in debt.' For a sociology degree!! Which was a colossal waste of money. Making it 'free' would incentivize more waste like that funded by the taxpayers. [Economics, Politics, Student Loans, Sanders]
Jun 19, 2019 ~ Donald Trump awards Dr. Arthur Laffer the Presidential Medal of Freedom. Laffer is the 'Father of Supply-Side Economics' used by Reagan, W. and Trump. Helped usher in 'the greatest economic expansion the world has ever seen in any country, at any time' acc. to Martin Anderson. [Trump Win, Economics, Tax Cuts]

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