Time to dust off the ol’ keyboard and write a post. I’ve been busy… working, oddly enough in this economy. Actually, I am helping a friend remodel a house (he’s a contractor and had to fire his workers for drinking on the job, leaving him in a tough position after getting his bid accepted to [...]
Browsing Posts in Economics
The president is at it again. Misrepresentation and economic ignorance… Taking advantage of the ignorance of his diehard followers. His subject is now demonizing oil companies by decrying the “subsidies” they are given. This is a complete misrepresentation deliberately done to anger people. “Subsidies” are generally (and rightly) thought of as checks written to various [...]
In an election year sometimes the bad news is good news. It clarifies what some would rather obfuscate. Unfortunately, it’s still bad news and it means people will be hurting. The news we’re hearing, and experiencing, now is the rise in gasoline prices. That is good news in an election year when you oppose the [...]
I was reading an article today about the whole contraceptive issue. Before I get to the meat of what I want to say about it, I have to mention that I think it’s both tragic and revealing that the comments I read from leftists are about eeeeevile Republicans trying to deny people contraceptives. I have [...]
Once again the underlying statist philosophy of Barack Obama was laid out for all to see. The guy is subtle, but once you see his game, it’s as obvious as a neon sign on a moonless night. The other thing that is obvious is that he does not understand the Bible any better than he [...]
Can Republicans educate people about economics in 10 months? That is the job in front of us. Why is national debt bad? We end up hurt as a nation in many ways. To name two: spending on the interest begins to eclipse the ability to spend on even necessary government functions (defense and infrastructure, for [...]
We must take note of this: It has been 1000 days since Democrats have produced a budget. The Senate, under the leadership of Harry Reid, has literally not even put pen to paper in 1000 days. 365 of those days the Democrats controlled both the Senate and the House. The lone budget that was passed [...]
I want to bring two seemingly unrelated things together today under one umbrella. Unfortunately, that umbrella is: economic ignorance. I’ve stated multiple times in the past, even though it should completely go without saying at this point, that President Obama is economically illiterate. He has absolutely no clue how wealth is created, how jobs are [...]
People are criticizing Mitt Romney for his work at Bain Capital. It seems that people lost their jobs after Mitt came. What did Mitt come to do? Bain was in the business of buying troubled companies, turning them around (if possible) and reselling them at a profit. A profit to whom? A profit to investors [...]
The Contribution Businesses Make
One of the things that changed my life, and my view of capitalism, was something my father did when I worked for his company. At that time I was still under the sway of my college training and relentless demonization of “corporations” in the media and by Democrats in particular. It seemed the bad guys [...]