Archive for the Economy Category

The Origins of Progressive Agony

By VICTOR DAVIS HANSON October 16, 2018 6:30 AM Protesters gather in front of the doors of the Supreme Court as Brett Kavanaugh is sworn in, October 6, 2018. (Jonathan Ernst/Reuters) In the wake of Obama, the Democratic party was a shipwreck, to be saved only by Hillary and the Supreme Court . . .What has transformed the Democratic party into an anguished progressive movement that incorporates the tactics of the street, embraces maenadism, reverts to Sixties carnival barking, and is radicalized by a new young socialist movement? Even party chairman Tom Perez concedes that there are “no moderate Democrats left,”

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Trump’s List: 289 accomplishments in just 20 months, ‘relentless’ promise-keeping

by Paul Bedard  | October 12, 2018 08:43 AM Print this articlePresident Donald Trump speaks to the Interagency Task Force to Monitor and Combat Trafficking in Persons annual meeting at the Eisenhower Executive Office Building on the White House complex in Washington Thursday. The Trump administration’s often overlooked list of achievements has surpassed those of former President Reagan at this time and more than doubled since the last tally of accomplishments after his first year in office, giving President Trump a solid platform to run for reelection on. As Trump nears the two-year mark of his historic election and conducts political rallies around

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California As A Third World Country

Written by Dr. Ron Martinelli………(Dr. Martinelli is a renowned forensic criminologist and retired police detective with the San Jose Police Department). I sit in the LAX terminal after concluding business in downtown Los Angeles for the past two days, I cannot help but reflect upon my journey from a once California native to a new resident of the Great State of Texas and why. You see, in my personal and professional opinion, the once great State of California has in essence has become a third world country “The concept of the “third world” has evolved to describe countries that suffer

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Contributions Of White People

August 5, 2018 Actually, white people have contributed quite a lot By Russ McSwain Putting aside the hateful, despicable slurs on Sarah Jeong’s Twitter feed, here are some that caught my attention. have you ever tried to figure out all the things that white people are allowed to do that aren’t cultural appropriation. there’s literally nothing. like skiing, maybe, and also golf. white people aren’t even allowed to have polo. did you know that. like don’t you just feel bad? why can’t we give white people a break. lacrosse isn’t for white people either. it must be so boring to be

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Digital Fabrication Will Change Politics Forever

Soon You’ll Be Able to Make Anything. It’ll Change Politics Forever. By NEIL GERSHENFELD & ALAN GERSHENFELD & JOEL CUTCHER-GERSHENFELD | 04/17/2018 5:04 AM EDT | Updated: 04/17/2018 12:52 PM EDT The divide between those who want to open up and connect with the rest of the world—the globalists—and those who want to retrench behind barriers—let’s call them the localists—is deepening. There was Remain vs. Leave in the Brexit debate, then there was Hillary Clinton vs. Donald Trump. Today, the divide is visible in the battle raging between those who want to make trade agreements and those who want to

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Finally ‘Climate Change’ Gets Its Scopes Monkey Trial

Delingpole: Finally ‘Climate Change’ Gets Its Scopes Monkey Trial–and the Bad Guys Are Gonna Lose GUENTER SCHIFFMANN/AFP/Getty Images by JAMES DELINGPOLE31 Mar 2018 Judge William Alsup has laughed off suggestions that he’s currently presiding over the “global warming” equivalent of the Scopes Monkey Trial. But like it or not this is essentially what is being played out right now in a U.S. federal court in San Francisco. The climate alarmists have finally got their day in court against those pesky free-thinking intelligent people they call “climate deniers.” Big mistake. The overconfident alarmists appear to have bitten off more than they can

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Futuristic View

In a recent interview, the Head of Daimler Benz (Mercedes Benz) said its competitors are no longer other car companies, but Tesla, and now Google, Apple, Amazon. Software will disrupt most traditional industries in the next 5-10 years. Uber is just a software tool, they don’t own any cars, and are now the biggest taxi company in the world. Airbnb is now the biggest hotel company in the world, although it does not  own any properties. Artificial Intelligence:  Computers become exponentially better in understanding the world.  This year, a computer beat the best Go player in the world, 10 years earlier than

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LIBERALS SEEK TO UNDO AMERICAN GREATNESS

A Feb. 22, 2018 transcript from the Rush Limbaug radio show discusssing Democrate involvement in the Government shut-down.  It is edited and condensed by the Phantom. ——————————————————————————————————————————————————– RADICALIZED DEMOCRATES ARE HELL-BENT ON DESTROYING AMERICA as FOUNDED   RUSH: Still trying to figure out exactly what happened to cause the vote. It was 81-18 in the Senate. ——————————————   This is not about the government shutdowns per se, and it’s more than the Democrats just executing a page from their playbook. You know, “Shut down the government! Shore up support from the middle class, the lower middle class. The little guy

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Stock Market for 2018

By Malcolm Berko January 3, 2018  Dear Mr. Berko: Could you please tell us what you think the stock market will do once this tax bill is in effect? All the people I know say that these tax cuts and changes are bearish and that the country will suffer because of these new rules and regulations. — GD, Moline, Ill. Dear GD: You should expand your people horizons. The recent passage of the Tax Cuts and Jobs Act reduces the corporate tax rate from 35 percent to 21 percent. AT&T will be passing out $1,000 bonuses to employees. And companies such

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Year One List: 81 major Trump achievements, 11 Obama legacy items repealed

by Paul Bedard | Dec 21, 2017, 1:04 PM Share on Twitter Share on Facebook Email this article Share on LinkedIn Print this art With the passage of the GOP tax bill this week, the Trump administration has scored 81 major achievements in its first year, making good on campaign promises to provide significant tax cuts, boost U.S. energy production, and restore respect to the United States, according to the White House.And along the way, President Trump even outdid his own expectations and slashed at least 11 major legacy items of former President Barack Obama, including cracking down on the open border, slowing recognition of communist Cuba

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Communism’s Bloody Century

In the 100 years since Lenin’s coup in Russia, the ideology devoted to abolishing markets and private property has left a long, murderous trail of destruction A statue of Vladimir Lenin in Grutas Park, Lithuania. PHOTO: ZUMA PRESS By Stephen Kotkin Updated Nov. 3, 2017 12:51 p.m. ET A century ago this week, communism took over the Russian empire, the world’s largest state at the time. Leftist movements of various sorts had been common in European politics long before the revolution of Oct. 25, 1917 (which became Nov. 7 in the reformed Russian calendar), but Vladimir Lenin and his Bolsheviks were different. They

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Who Pays What In Taxes

Walter Williams – October 18,  2017 Politicians exploit public ignorance. Few areas of public ignorance provide as many opportunities for political demagoguery as taxation. Today some politicians argue that the rich must pay their fair share and label the proposed changes in tax law as tax cuts for the rich. Let’s look at who pays what, with an eye toward attempting to answer this question: Are the rich paying their fair share? According to the latest IRS data, the payment of income taxes is as follows. The top 1 percent of income earners, those having an adjusted annual gross income

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Obama Program Made $729 Million in Erroneous Payments to Doctors

Stimulus program to incentivize using electronic health records ‘vulnerable to abuse’ Getty Images BY: Elizabeth Harrington June 12, 2017 12:03 pm An Obama administration program to encourage the use of electronic health records made over $729 million in erroneous payments, according to a new audit. The Centers for Medicare and Medicaid Services also paid dead doctors for enrolling in its program, the audit, released by the agency’s inspector general Monday, revealed. “From May 2011 through June 2014, the Centers for Medicare and Medicaid Services paid an estimated $729 million in Medicare electronic health record incentive payments to eligible professionals who did not comply

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TRUMP’S FIRST 200 DAYS

BY THE NUMBERS: President Trump’s Historic First 200 Days – Promises Kept and Records Broken Jim Hoft Aug 7th, 2017 10:25 pm  (In July President Trump promoted American made products from all 50 states in the White House including a Stetson cowboy hat from Texas. This was just one of his campaign promises – to buy American goods and to hire American employees.) To date President Trump is true to his campaign promises.  Here is a list of  President Trump’s Accomplishments with comparisons to Congress and Obama. President Trump started off as aggressive as any President ever in working for the American people

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Study Finds Best Run States Are Low Tax Republican, Worst Run Are High Tax Democrat

Several states, including Republican states, have decided to raise taxes this year to cover budget shortfalls. But a new study suggests that the states might find themselves in worse financial shape after the money starts rolling in. According to the latest ranking of states by the Mercatus Center at George Mason University, the most fiscally sound states in the nation are all low-tax, GOP strongholds, while the 10 least-solvent states are almost all high-tax and heavily Democratic. The rankings in the fourth-annual “Ranking of the States by Fiscal Condition” report, which was released this morning, are based on a review

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DELINGPOLE: Revealed – The Real Reason Trump Pulled Out Of Paris…

1452514564 15 AP/Pablo Martinez Monsivais by JAMES DELINGPOLE5 Jun 20173,290    …Is because he has a very powerful bullshit detector. We know this thanks to a fascinating and unwittingly revelatory article in the German newspaper Der Spiegel. The paper reveals how, in the days running up to President Trump’s decision to quit the UN Paris accord, he received a series of deputations from EU leaders urging him to change his mind. “For me it’s easier to stay in than step out,” Trump told them. This is perfectly true. Since his momentous Rose Garden speech announcing his plans to pull out of Paris, Trump has taken

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The Five Worst Things about Obamacare

  8:23 AM, FEB 23, 2017 | By JEFFREY H. ANDERSON In passing Obamacare, its supporters promised the moon. Obamacare was allegedly going to cost $938 billion over ten years, result in 23 million people getting insurance through its exchanges as of 2017, reduce the typical family’s premiums by $2,500 a year, and make sure that if you liked your health plan and doctor, you could keep your health plan and doctor. Seven years later, Obamacare is projected to cost $1.938 trillion over ten years (exactly $1 trillion more), only 9 million people have insurance through its exchanges as of

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Venzuela Reminds Us That Socialism Frequently Leads to Dictatorship

Nicolas Maduro’s Venezuela is one place where Friedrich Hayek’s most dire warnings remain relevant. Marian Tupy | April 4, 2017 • Manaure Quintero/NurPhoto/Sipa U/NewscomOn March 29, the Supreme Court of Venezuela dissolved the country’s elected legislature, allowing Venezuela’s top court to write future laws. The court is filled with allies of Venezuela’s socialist president, Nicolas Maduro, while the legislature is dominated by Maduro’s opponents, and the court’s ruling was seen as the latest step on Venezuela’s descent into a full-fledged dictatorship. But following international outcry—as well as the appearance of cracks within Maduro’s own party—the court reversed itself just a

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List of President Trump’s Major Accompishments in First 100 Days

Jim Hoft Apr 27th, 2017 10:59 pm 218 Comments Guest post by Joe Hoft Presidential candidate Donald Trump held his final campaign rally at 1am on election day November 8th, 2016 in Ann Arbor, Michigan. At the end of his final speech candidate Trump said this – Just imagine what our country could accomplish if we started working together as one people, under one God, saluting one American flag.  I’m asking you to dream big because with your vote we are just hours away from the change you’ve been waiting for your entire life.  So to every parent who dreams for their child and to every child who

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Obama Proclaims He “Saved the U.S. Economy.” That’s Demonstrably Untrue.

Search of any plausible, positive legacy item, even if they have to manufacture it, Democrats have advanced the false narrative that Obama “saved the economy.” It would  be a neat thing if it were true. Let me parse out the facts of this spin, echoed by the media and academia, as it relates to Obama’s self-proclaimed “top” legacy item. We are supposed to believe that the community organizer, with zero business experience, led us out of a recession and kept us from a “great depression” with his financial savvy. Two very inconvenient truths refute this. First, the economy officially came

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