Category Archives: Economics
Support for the pork roll fades
According to Rasmussen, support for the Democrat power grab is fading quickly. With the Senate poised to vote Tuesday on an $827-billion version of the economic recovery plan, 62% of U.S. voters want the plan to include more tax cuts … Continue reading
A disposable Laser Printer?
I picked this Samsung laser printer up yesterday for $48. A toner cartridge for that printer costs $30. Granted it was on sale, but still. At that low a price relative to the toner cartridge, it makes the rest of … Continue reading
Inter-government revolt in Californistan?
Ride fast says it may be happening now. It doesn’t look good. One way or another, something’s gotta give in California. The combination of bankrupt counties and state mandated programs means things are going to break down pretty quick.
Posted in Economics
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pdb has the right of it
Here. You idiots. A bunch of funny looking Austrians proved back in the 1930s that government can’t create wealth or jobs. It can only transfer them from place to place or group to group with a loss of efficiency in … Continue reading
Less Keynes and More Hayek
From the Wall Street Journal: Dick Armey on Keynes and Hayek Years ago I developed the “Armey Curve” to explain the negative burden government has on prosperity. The idea, borrowing liberally from Arthur Laffer’s curve (which demonstrates that tax revenues … Continue reading
Posted in Economics
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The Pork Roll – Even worse than you thought.
Robert Samuelson, in the Washington Post: The decision by Obama and Democratic congressional leaders to load the stimulus with so many partisan projects is politically shrewd and economically suspect. The president’s claims of bipartisanship were mostly a sham, as he … Continue reading
Ebooks: Cheaper than dead trees.
Via Instapundit: Paper isn’t cheap. Especially if you’re throwing it away every day. Over at the Silicon Alley Insider, they did the math. Not that it’s anything we think the New York Times Company should do, but we thought it … Continue reading
Why a bad economy is good for business
A recession exposes weak business plans, poor management and systemic shifts in the market that are otherwise covered up by good economic times. Like an occasional forest fire, they clean out the dead wood and make room for new growth. … Continue reading
Posted in Economics
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This is not good
Hello Inflation! Buy staples and durable goods. Gold and silver are always good, but not too much because the price of both is at a historic high. Don’t go crazy, but wages always lag the price index in inflationary times … Continue reading
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The "Oh Shit" moment
As in, “That’s no moon, it’s a space station.” President Obama welcomed with the worst Inauguration Day day drop in the DOW. U.S. stocks sank, sending the Dow Jones Industrial Average to its worst Inauguration Day decline, as speculation banks … Continue reading
Posted in Economics, Obamanation, Snark
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