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.
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.
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.”
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.
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.
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."
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.
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.
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
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.
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.
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"
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.
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.
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.
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.
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.
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.
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
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.
Jul 28, 2022 ~ The US is officially in a recession. 2 consecutive quarters of negative GDP growth. The Democrats simply redefine the word 'recession' to avoid admitting it. The #FakeNews plays along. Even Wikipedia changes the definition for them! We live in an Orwellian dystopia at this point.
Jul 19, 2022 ~ Max Keating, 'California’s New Pro-Union Law Could Grind The Supply Chain To A Halt' "California truckers are protesting against AB 5, a new regulation that would reclassify them as employees rather than independent contractors." They are killing the independent truckers.
Jul 17, 2022 ~ Clarice Feldman, "Sri Lanka learned a sad lesson - mandated “organic farming” proved a horrible disaster. Ghana also face starvation and national collapse as a result of green policies... Farmers in the Netherlands are striking in protest of equally unworkable green mandates."
Jul 16, 2022 ~ Sri Lanka has fallen. Its President had to flee the country. Destroyed via Modern Monetary Theory. Bankrupted themselves with debt and 55% inflation. Got an ESG score of 98 by banning fertilizer and pesticides. Major food shortages. Democrats want to follow right off the cliff.
Jul 16, 2022 ~ Jonathan Lesser, 'New York’s Climate Virtue-Signaling Will Condemn Millions to Energy Poverty' "The 2019 Climate Act’s zero-emissions mandates are infeasible, and the resulting reductions in greenhouse-gas emissions will not improve world climate." Would create massive hardships.
Jul 16, 2022 ~ Stephen Moore, 'How Angela Merkel's Green Agenda Caused the Economic Collapse of Germany' Merkel used to be praised for shutting down nuclear and moving away from fossil fuels toward "green" energy. "Today, the German economy is in tatters." Begging Russia for energy. Rationing.
Jul 16, 2022 ~ Sen. Manchin, one of 2 sane Democrat Senators, kills the climate change part of BBB bill. He understands it is unaffordable, will fuel inflation and most importantly would do nothing to make the climate any better. The rest of the Dems are apololyptic: “We’re all going to die”
Jul 5, 2022 ~ Howard Husock, "Does Affirmative Action in Mortgage Lending Really Help Black Americans?" Short answer: No it hurts them and this is how we got the 2008 financial crisis. Lowering all kinds of standards like credit score, down payment, income req's that existed to reduce risk.
Jul 5, 2022 ~ Now they are back to blaming Putin for gas prices. When asked how long will this last, Biden said, "As long as it takes, so Russia cannot in fact defeat Ukraine." Biden Advisor Brian Deese added "This is about the future of the Liberal World Order and we have to stand firm."
Jul 5, 2022 ~ The Biden Administration is switching from the lie that high gas prices are Putin's fault to blaming gas stations for the price! "Bring down the price you are charging at the pump to reflect the cost you’re paying for the product. And do it now," he yells. Economically ignorant.
Jun 26, 2022 ~ Kevin Williamson, 'Here Comes Fiscal Armageddon' "Fiscal Armageddon is what will happen when the U.S. government’s debt load exceeds its ability to comfortably service that debt." Will be spending more to service debt than anything else. Gov't will choose easy option, inflation.
Jun 23, 2022 ~ Jeff Luse, 'No, Corporate Greed Is Not to Blame for High Gas Prices' Every time oil and gas prices get high, Democrats feel the need to remind everyone they have no understanding of economics. Oil is a commodities. If oil companies controlled their price, why are they ever low?
May 22, 2022 ~ National Bureau of Economic Research paper by economists Casey Mulligan, Stephen Moore, and Phil Kerpen studied the effectiveness of #COVID19 lockdowns. "There is no apparent relationship between reduced economic activity during the pandemic and our composite mortality measure."
May 21, 2022 ~ Women's soccer got US Soccer to agree to pay women and men the same even though the men bring in 7 times the revenue. The men's world cup brings in about $400 million while the women's world cup brings in about $60 million. The men did not fight it. Imagine if the NBA did this.
May 10, 2022 ~ Totally competent and not senile President Joe Biden explaining inflation. "The number one threat is the strength, and that strength that we've built is inflation."
May 8, 2022 ~ John Fund, 'Chicago’s Decline Accelerates as Boeing Abandons It' Under Lori Lightfoot's lack of leadership, Chicago's crime levels have soared and the city has become unlivable. Businesses can't make money or keep their employees safe. The Bears and United Airlines left too.
Apr 18, 2022 ~ Fedex Founder Fred Smith, "Had we passed the Build Back Better bill that Biden wanted, my guess is that we would be Weimar Germany right now. We'd have 25% inflation rather 9% or 10%." There were only two sane Democrat Senators left to save the country.
Apr 3, 2022 ~ Flashback 2/2021: Larry Summers warned of Biden's proposed economic stimulus plan: "There is a chance that macroeconomic stimulus on a scale closer to World War 2 levels than normal recession levels will set off inflationary pressures of a kind we have not seen in a generation."
Mar 31, 2022 ~ John Stossel, 'Renewable Failure' "Countries that embraced renewables are so desperate for power that they eagerly import coal, the worst polluter of all!" Germany stupidly closed all its nuclear plants. Now they are desperate to buy power from Russia. Paying 3X what US pays.
Mar 20, 2022 ~ Bjorn Lomborg, "This singular obsession with climate change means that we are now going from wasting billions of dollars on ineffective policies to wasting trillions... We’re scaring kids and adults witless, which is not just factually wrong but morally reprehensible."
Mar 19, 2022 ~ Biden and Europe made themselves dependent on foreign oil to uselessly climate change posture. Europe can't quit Russian energy because they foolishly cut their own supplies. Biden said no more Russian oil but then buys more from Venezuela and Iran. Maduro will buy from Russia.
Mar 9, 2022 ~ Gas prices hit a record high. The price of gas, and prices in general have been rising for more than a year. The Biden Administration blames the war in Ukraine which started about a week ago. "The Putin spike" they call it. How did that war increase gas prices for 14 months?
Mar 6, 2022 ~ Stephen Moore 'In the End, Sweden Did It Right' "Schools stayed open with no face masks. Test scores are up, and there is no talk in Sweden about 'lost' years of education." Death rate and econ damage is "much lower than Britain or the US" which had far more stringent lockdowns."
Mar 6, 2022 ~ Ozzy and Sharon Osbourne are the latest high profile people to flee California. "We are leaving LA. We are a bit sad. But the tax is getting too much." Democrats never learn that by raising taxes super high, they net less money. Their tax base adjusts to avoid including leaving.
Feb 13, 2022 ~ Economists criticize Stephanie Kelton's Modern Monetary Theory as essentially junk science. MMT essentially says the government can run up as much debt as it wants and print as much money as it wants with no negative consequences. Those economists are predictably called "sexist."
Feb 10, 2022 ~ The inflation rate is now 7.5%. "That represents the largest annual spike since February 1982, when inflation hit 7.62 percent."
Jan 28, 2022 ~ Terry Jeffrey 'Debt Up $2 Trillion in 1 Year of Biden' "The [US] had existed for 210 years, and 40 presidents had served as this nation's chief executive, before the debt first topped $2 trillion in 1986." This is beyond unsustainable but all Dems can talk about is spending more.
Jan 2, 2022 ~ Deirdre Nansen McCloskey, 'The West Didn’t Steal Its Way to Wealth' Debunks the myth that Western wealth comes from stealing from the poor of other nations and slavery. Western civ created 25X wealth since the industrial revolution. Due to capitalism incentivizing innovation.
Dec 31, 2021 ~ Philip Klein, "In 2022, Retire the ‘Trust the Scientists’ Platitude" "The problem with 'trust the scientists' is twofold. One is that the so-called experts have often been wrong." The other is "A scientist merely interested in combating a virus" does not balance other concerns.
Dec 21, 2021 ~ David Harsanyi, 'Elizabeth Warren’s Big Whopper' Senator Karen claims grocery prices are not due to the inflation that is in EVERY sector, but rather because of "profits", "lavish bonuses" etc. This is dishonest and economically ignorant. Grocery profit margins are 2%, some less.