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. [California, Economics, Taxes]
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." [Economics, Fake Sexism]
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." [Economics, Economy]
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. [Debt, Deficit, Economics, Economy]
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. [Economics, Slavery, Western Civilization]
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. [Coronavirus, Economics, Economy, Education, Health Care]
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. [Economics, Economy]
Dec 21, 2021 ~ Bette Midler proves she's still a vile person, attacking 1.8M Virginians because Manchin won't vote for unaffordable spending given the inflation already caused by unaffordable spending. "He wants us all to be just like his state, West Virginia. Poor, illiterate and strung out." [Economics, Economy, Loathsome Left]
Dec 20, 2021 ~ Just when you thought Democrats couldn't get more racist, they institute the In Her Hands program to give a guaranteed income of $850 a month no strings attached. "Guaranteed income [for black women only] is a step toward creating a more just and equitable economy." [Affirmative Action, CRT DIE Wokeness, Economics, Entitlements, Race, Racism]
Dec 20, 2021 ~ Andrea Widburg, 'California’s government is wiping out its pot growers' Predictably, CA Dems have taxed and regulated its legal pot growers out of business driving 75% of sales back to the black market. "California killed the goose that could have laid those golden pot eggs." [California, Economics, Regulations, Taxes]
Dec 19, 2021 ~ #BLM Indy, "When you really start to learn about white supremacy and capitalism and how it really harms black and brown people." "The thing is, not that like everyone doesn’t commit crime, everyone does commit crime. Crime is made up." And allegedly they just enforce against POC. [BLM, Crime, Economics, Fake Racism]
Dec 10, 2021 ~ Inflation skyrockets to 6.8%, the fastest rate in 40 years. The Biden Administration, having no idea what causes inflation, is doubling down on the very thing responsible. Spending more trillions of dollars we don't have, expanding the money supply making each dollar worth less. [Economics, Economy]
Dec 3, 2021 ~ Wendell Husebø, "Biden to Increase U.S. Oil Lease Fees 50% While Accusing ‘Big Oil’ of Anticompetitive Activities" As Americans are suffering very high gas prices, Biden is doing everything he possibly can to make the problem worse by reducing the supply and cost of the product. [Biden, Economics, Economy, Energy]
Nov 26, 2021 ~ Washington Post, "Biden administration pushes to raise rates for oil and gas drilling on public lands and waters, citing climate change." Americans are hurting from high gas prices and Biden is doing everything he can to make it worse. Increase energy costs, reducing supply etc. [Climate Change, Economics, Economy, Energy]
Nov 17, 2021 ~ "Inflation is a good thing. The border is not open. Trump colluded with the Russians. Hunter Biden's laptop was Russian disinformation. The US is systemically racist. Climate change is an existential threat. Trillion dollar programs cost 0. Voter ID is Jim Crow."-- The Democrats [Biden, Climate Change, Economics, Economy, Fake News, Fake Racism, Russia Hoax, Voter Integrity Laws]
Nov 15, 2021 ~ Ryan Mills, "St. Paul Rent-Control Initiative Backfires, Unleashes ‘Chaos’ in Housing Market" All the predictable negative consequences of rent control are happening but Democrats seem surprised since they know no economics or history at all. New building halted, upgrades stopped [Economics, Regulations]
Nov 7, 2021 ~ 'Goodbye MIT' 2 alumni explain why they are withdrawing financial support. "The current MIT administration has caved repeatedly to the demands of 'wokeness,' treating its students unfairly, compromising the quality of its staff, and damaging the institution and academic freedom." [Cancel Culture, College, CRT DIE Wokeness, Economics]
Nov 7, 2021 ~ Race hustler Ibram X. Kendi explains how Capitalism, a free market economic system, is racist. "Capitalism is essentially racist” and “racism is essentially capitalist.” They "shall one day die together." Race hustler Robin DiAngelo: “Capitalism is so bound up with racism.” No. [Economics, Fake Racism]
Nov 7, 2021 ~ Bjorn Lomborg, 'We’re Safer From Climate Disasters Than Ever Before' 100 yrs ago "500K people died on average each year from storms, floods, droughts, wildfires and extreme temperatures.” 14K in 2020. 2021, 6Kr 99% drop with double population. Weather damage vs GDP down as well. [Climate Change, Economics, Fake News]
Nov 7, 2021 ~ AOC says more govt. spending, the very thing that is causing inflation, will reduce inflation. "it’s important to understand why it’s happening: supply chain, labor, and healthcare complications. We can address these issues by investing in infrastructure, wages, healthcare." [Economics, For the record, it’s Congresswoman Ocasio-Cortez, Ocasionomics]
Oct 31, 2021 ~ Energy Sec. Granholm on rise in gas prices: "Gas prices, of course, are based upon a global oil market. That oil market is controlled by a cartel. That cartel is OPEC." Derek Hunter, "We were energy independent, a net exporter, until these morons" undid everything Trump did. [Climate Change, Derek Hunter, Economics, Economy, Energy]
Oct 31, 2021 ~ Andrea Widberg, 'Empty Christmas stockings? Don't blame COVID; blame California' CA's excessive climate change regulations created "an inability of half the nation's truckers from picking up anything from the Port of LA or Port of Long Beach." And AB-5 prevents 'owner operator." [Climate Change, Economics, Economy, Regulations]
Oct 27, 2021 ~ John Stossel, 'Lessons from Venezuela' Everything the Democrats want to bring to the US has failed hugely in Venezuela. Hate speech laws, packing the Supreme Court, gun control, printing money leading to inflation and hyperinflation. [Economics, Guns-Mass Shootings, John Stossel, SCOTUS, Socialism]
Oct 10, 2021 ~ Socialist Venezuela slides deeper into its predictable poverty. Now 76.6% of Venezuelans now live in extreme poverty, rising nearly 10% in a single year. Long list of Democrats who had praised Venezuela's move toward socialism. They want to bring that kind of poverty to the USA. [Economics, Poverty, Socialism]
Jul 27, 2021 ~ Charles Cooke, 'We’re Not Going to Fix Our Spending Crisis' "We are told from time to time that we will eventually hit a crisis that will serve to wake us up. But, if anything, the opposite is likely true." Spending is so out of control. But no one will be allowed to stop it. [Debt, Deficit, Economics]
Jul 19, 2021 ~ Writer of Fake History Nikole Hannah-Jones says "Cuba has the least inequality between black and white people of any place really in the hemisphere." "Cuba actually has the least inequality and that’s largely due to socialism." Everyone is equally destitute, yes due to socialism. [Economics, Fake News, Identity Politics, Socialism]
Jul 17, 2021 ~ Victor Davis Hanson 'Democratic Party Won't Admit It's Become the Party of Wealth' "65% of the Americans making more than $500,000 a year are Democrats, and 74% of those who earn less than $100,000 a year are Republicans" Dems "control all 20 of the wealthiest congressional districts." [Economics, Politics, Victor Davis Hanson]
Jul 17, 2021 ~ John Goodman, 'Where Have All the Economists Gone? (Racism)' Despite CRT lies, Whites have only the 9th highest median household US income. "adjusting for just two factors that cause people to be different, the pay gap between black and white men disappears entirely." Not racism. [Economics, Fake Racism]
Jul 17, 2021 ~ Dominic Pino, 'You Can’t Build the Interstate Highway System Twice' Joe Biden's multi-trillion $ stimulus bill ignores the economic law called 'diminishing marginal utility' "The economic benefits would be small at best" "we already have the largest highway network in the world." [Economics, Economy]
Jun 21, 2021 ~ Thomas Lifson, 'NYC prosecutors dropping hundreds of cases against looters' NYC drops the charges against 100s of looters during the 2020 riots. 'Future looters will be emboldened. Under such circumstances, who in their right minds would want to open new stores In New York?' [Crime, Economics, Violent Left]
Jun 6, 2021 ~ Joel Kotkin & Wendell Cox, 'Joe Biden’s Imaginary America' Biden is wasting the whole infrastructure money on things people won't use. 'Transit, which accounts for about 1 percent of overall urban and rural ground transportation, would receive nearly 60 percent of the money.' [Economics]
Jun 5, 2021 ~ Weaker than 'expected' May jobs report. 'Misses' target by 100,000 jobs. Of course this was 'expected' by economists and conservatives who have been pointing out that Biden is paying people way too much NOT to work. Predictable results for anyone except Democrats. [Coronavirus, Economics, Economy]
May 31, 2021 ~ Scott Morefield 'The Dark Democratic Motives Behind The Government-Induced Labor Shortage' Even Dems are not dumb enough to think people will work if you pay them more not to work so what are their motives? They want to grow dependency to grow their power and collapse Capitalism. [Economics, Economy]
May 21, 2021 ~ Democrats are destroying their own cities. Since San Fran made shoplifting legal (up to $950), it has skyrocketed predictable to anyone with a brain. Walgreens has CLOSED 17 stores in the city. Was experiencing 4 times the theft vs. rest of country while spending 50X on security. [Crime, Economics, Loathsome Left]
May 19, 2021 ~ Biden is destroying the economy by ignoring economics. $300 per week extra unemployment keep 9 million unemployed while 8 million jobs remain unfilled. Inflation soaring as the govt. prints trillions. Gas prices way up after canceling pipelines and drilling. All very predictable. [Biden, Economics, Economy]
May 12, 2021 ~ Philip Klein, 'Inflation Soars as Biden Pushes for $4 Trillion in More Spending' The CPI increased '4.2% over the last 12 months, which is the highest increase since 2008.' Democrats think they can print countless trillions and not cause inflation. Zero economic understanding. [Debt, Deficit, Economics, Economy]
May 9, 2021 ~ David Harsanyi, 'Profit Margins Save Lives' 'the entire notion of having to choose between people and profits, a belief that undergirds much of leftist economics, is debunked by the existence of the COVID vaccine.' Drugs cost $3 billion to develop. No one will do it if no profit. [David Harsanyi, Drugs, Economics]
Mar 16, 2021 ~ Stephen Moore, 'Don't Force Workers to Join a Union' Rep. Tim Ryan lies about the 'Protecting the Right to Organize Act' Says its 'giving the right to organize.' They already have that. 'This bill doesn't allow people to associate with a union. It forces them to join the union.' [Economics, Unions]
Mar 13, 2021 ~ Bloomberg, 'A Tax Code Optimized for White Wealth Leaves Black Americans Behind'. Title is not just misleading. Outright false. Tax code does not consider race. If renters are victimized by the mortgage deduction, far more white people are victimized by it than black people. [Economics, Fake Racism]
Mar 5, 2021 ~ Neil Patel, 'Time to Start Talking About America's Coming Bankruptcy' ' why are we ignoring this obvious and impending catastrophe?' 'At some point... the interest we pay on our debt will be so high we will not be able to afford the rest of our budget.' Political loser to address [Debt, Deficit, Economics]
Mar 3, 2021 ~ Johnny Kampis, 'New Study Shows Folly of Net Neutrality Regulations Around the Globe' 'Researchers from the Vienna University of Economics and Business examined net neutrality policies' Net neutrality regulations resulted in 'slower speeds and increased costs harmed the market.' [Economics, Net Neutrality]
Mar 3, 2021 ~ David Harsanyi, 'AOC’s Terrible Minimum-Wage Argument' Comparision to Denmark where McD employees make $22/hr is very misleading. Denmark has no minimum wage. About half of that goes to taxes and food and other goods are far more expensive there. [David Harsanyi, Economics, For the record, it’s Congresswoman Ocasio-Cortez, Minimum Wage]
Feb 25, 2021 ~ Veronique de Rugy, 'Don't Overlook Minimum Wage's Negative Effects' Economist Walter Williams always explained why the negative effects of minimum wage outweighed the positive and good intentions. CBO estimates 1.4 million jobs lost for $15. Business go under. Less hours, hiring. [Economics, Minimum Wage, Walter Williams]
Feb 9, 2021 ~ The CBO released a report analyzing the economic impact of the Raise the Wage Act, which would increase the minimum wage to $15 by 2025. Results: $54 billion deficit increase, would drive up the prices of goods and services, and would kill 1.4 million jobs. Lose, lose, lose. [Economics, Economy, Minimum Wage]
Feb 5, 2021 ~ The mayor of Long Beach mandated $4 raise for all grocery store workers. Kroger had to close 2 stores in response putting many out of work. Biden during debate, 'there is no evidence that when you raise the minimum wage, businesses go out of business. That is simply not true.' [Economics, Economy, Minimum Wage]
Feb 5, 2021 ~ Mario Loyola, 'The Dark Side of the Minimum Wage' 'The data show that increasing the minimum wage results in a significant net increase in unemployment. The increase is particularly pronounced among young adults - and most pronounced of all among low-skilled workers.' [Economics, Economy, Minimum Wage]
Dec 21, 2020 ~ House Representative-elect Jamaal Bowman (D-NY) said 'I believe our current system of capitalism is slavery by another name.' Jamaal is also all in on the 'Defund the Police' movement causing skyrocketing crime in Democrat controlled cities. [Economics, Police, Slavery]
Dec 10, 2020 ~ Economics giant, Walter Williams dies. He is revered and mourned by conservatives. "Prior to capitalism, the way people amassed great wealth was by looting, plundering and enslaving their fellow man. Capitalism made it possible to become wealthy by serving your fellow man." [Economics, Walter Williams]
Nov 17, 2020 ~ Ryan Mills, 'Florida Restaurateurs Warn Minimum-Wage Mandate Could Shut Them Down' Dems never get that artificially raising wages cuts hours, jobs, raises prices, shuts down businesses, shifts to more automation like touch screens etc. 'There’s no pot of gold in this building.'[Economics, Economy, Minimum Wage]
Nov 7, 2020 ~ Will Swaim, 'California: Not as Crazy as We Thought?' CA voted against tax hikes on business property, for keeping it illegal to discriminate on race (Prop 16). 'They absolutely crushed rent control' and voted to allow independent contractors to work as freelancers. [Affirmative Action, California, College, Economics, Regulations, Taxes]