economy

You are browsing the archives of "economy."

The current Obama administration budget projects a doubling of our national debt to $18.5 trillion by 2020, or about 100 percent of our GDP. Harvard economist Martin Feldstein estimates interest alone will cost $800 billion a year. It’s time to stop lying to ourselves. We’re losing our freedom and our nation. We need to slam on the brakes before it’s too late. Read more »

The Sam Adams Alliance has done a study of the Tea Party movement. The study is called “The Early Adopters” and it examines why people got involved with the Tea Party movement, what they seek to accomplish, and some interesting dynamics about the people and politics of the phenomenon. Read more »

On February 22, 2010, nine months after President Obama signed the legislation, new credit card rules designed to protect consumers from the unscrupulous and manipulative tactics of credit card companies went into effect. It didn’t take long, however, for consumer advocacy groups and others to point out that, in addition to making it more difficult for card companies to gouge their customers, the Credit CARD Act will make it a lot more difficult and a lot more expensive for everyday Americans to get, and keep, a credit card. Read more »

Poor folks don’t need socialism or green jobs. They need green money. They’ll get more of it being free, going to school, getting married and going to work. Read more »

Every now and then, when their guard is temporarily down, some of the candid statements from liberals are extremely revealing about their philosophy and how they view reality. Like when Rep. Steny Hoyer (D-MD) says it’s good for people to have jobs so they can pay taxes. Read more »

Rep. Michele Bachmann (R-MN) and whoever agrees with her definitely have their priorities straight. Instead of trying to play the socialist government thug by regulating and restricting the pay of executives of private companies, the government should instead chop the bonuses of the government financial institutions that were at the heart of the 2008 financial meltdown: Fannie and Freddie. Read more »

Intrepid people’s reporter Steven Crowder takes us to Detroit, a devastated American city that looks as if it came out of a World War II bombing campaign, or perhaps belongs in some Third World rat hole. Instead, it is the natural outcome of unadulterated liberal policies. Read more »

In the Old Testament book of Proverbs, King Solomon details the differences in thought, word, and deed between a wise man and a fool. In addressing the foolishness associated with borrowing money, he makes clear the relationship between debt and servitude: No man can truly be free when he is bound by financial indebtedness to another. Read more »

President Obama’s “spend-our-way-to-riches” shell game will just result in more government borrowing, printing, and profligacy to finance the ever-growing “needs” of an out-of-control government. He is willfully ordaining an unsustainable culture in Washington that can only be called the looting of America. Read more »

Evidence demonstrates that “once a society’s basic needs—food, shelter, employment—are satisfied, the accumulation of greater and greater wealth does not generate greater collective or personal happiness over the long run.” This is known as the Easterlin Paradox. Read more »

A panel on Fox News points out that some of the economic groups common sense would say should have been at President Obama’s Jobs Summit were notably absent. Charles Krauthammer: “It’s the conceit of liberals in power to imagine that the government not only should, but can create jobs.” Read more »

Obama, Reid, Pelosi, and their allies in Congress are “scrooges” who don’t care at all about the common people. Their lack of concern and action on the economy is destroying hope and holiday spirits. I’m saying that and I’m a Democrat and a former labor union organizer. Read more »

So-called “green jobs” cost more to produce the same output, and cost twice as many jobs in real industry as are created. So why should we waste our time investing in such things to fight an imaginary problem that doesn’t exist in the first place? Read more »

Why should we trust the federal government with our health care system when they send millions of our “stimulus” tax dollars to districts that don’t exist, and spend hundreds of thousands per “created job”? Read more »

President Obama is busy trying to stay in power, keep his party in power and add to his legacy, but that’s not his job. His job as president is to get this country back on its feet economically and to represent all of the people–again, whether they be Republicans, Democrats, Independents, Tea Party activists or people who watch the FOX News Network (a network he has been making war with). Read more »

The great economist Milton Friedman once observed, “Many people want government to protect the consumer. A much more urgent problem is to protect the consumer from the government.” Read more »

Excess costs for Social Security and Medicare amount to $43 trillion. When added to the national debt, that is about $184,000 for every man, woman and child in America. We should focus on reforming existing federal health programs so they’ll be sustainable for generations to come. Read more »

According to the federal government’s own Bureau of Economic Analysis, the average federal bureaucrat pushing papers in some comfy government office now makes $79,197 a year – as compared to just $49,935 for the hardworking Americans toiling in the vineyards to make the tax dollars lining the bureaucrats’ coffers. Read more »

The best of the best at Dakota Voice last week, including: Judge: Abortionists Must Tell Women Abortion Terminates a Human Life; Judge Orders Homeschooler into Public School for Being Too Religious; Hardball’s Chris Matthews Plays Hard to Get; The VA’s Death Book a Model for Obamacare; Marine Takes Oath Seriously, Why Don’t Congressmen?; Church Drops ‘Lutheran’ From Name after Pro-Homosexual Vote; Senate Wants Presidential Control of the Internet; and more. Read more »

As if you needed another reason to oppose this flea-bitten dog of a program known as “the public option,” a new report finds it will be a job-killer with it’s employer mandates. Read more »

We frequently hear the excuse from the amnesty lobby that we need illegal aliens for jobs Americans won’t do. Now a study proves what most of us already knew: it’s an empty excuse. Read more »