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Tag Archives: GDP
Obama’s “Buffett Rule”: Good Politics, Bad Economics
Pleasing the Proletariat Obama’s call for increasing taxes on the wealthy is playing well with the ever-expanding ranks of the proletariat. According to a September 15-18th Gallup poll, 66% of respondents favored increasing income taxes on individuals earning at least … Continue reading
Posted in Business, Finance and Economics, Mathematics, Policy, Politics, Taxes
Tagged Buffett Rule, Class warfare, GDP, Math, President Obama, Proletariat, Soviet Union
50 Comments
Obama’s Fiftieth Birthday: Plenty of Celebration, No Results
Last Wednesday, President Obama attended a gala celebration in Chicago to celebrate his fiftieth birthday one day early. Attendees paid $35,800 a ticket to bask in the light of their Messiah, and to mingle with musical stars Herbie Hancock and OK … Continue reading
Posted in Business, Energy Security, Finance and Economics, International Security, Media, Policy, Politics
Tagged Bank failures, Bankruptcies, Budget deficit, Crude oil prices, Federal debt, Gasoline prices, GDP, Housing starts, Labor Force Participation, President Obama, Unemployment
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The Beatings Will Continue Until Morale Improves
Below is an interesting chart from The Economist that compares America’s current anemic economic recovery from the 2007-09 recession with those of the 1973-75, 1981-82, and the 1990-91 recessions. The bottom line is that the current recovery is lagging both in … Continue reading
Posted in Business, Finance and Economics, Media, Policy, Politics
Tagged Employment, GDP, Recessions, Recovery, The Economist
11 Comments
Can You Add My County?: Southern California Calls for Secession
“Anyone you ask has a horror story. At some point we have to decide enough is enough and deal with it in a radically new way.” — Jeff Stone Indeed. As the followers of this blog are well aware, I … Continue reading
Posted in Business, California, Humor, Media, Policy, Politics, Taxes
Tagged California, California State Constitutional Convention, Democrats, GDP, Hollywood, Jeff Stone, Los Angeles, Politics, Proposition 13, Referendum system, Republicans, Secession, Silicon Valley, Southern California
4 Comments