Conservative Hideout 2.0 Rotating Header Image

Economics

What Hillary Meant To Say Is, “If you like your job, you can keep your job”

  Here comes the spin! Last week millionaire Democrat Hillary Clinton teamed up with populist uber-leftist millionaire Elizabeth “Fauxcahontas” Warren to deliver a zinger aimed at American businesses: “Don’t let anybody tell you that it’s corporations and businesses that create jobs.” She’s a Statist. Statists believe only the government can create jobs. (Or Vernon Jordan, if you count creating jobs for Bill’s mistresses.) We get it, we didn’t build that. But, after enduring a weekend of ridicule (except on the Big 3 networks of course) The Hilldabeest backtracked, and blamed her “misstatement” on an internet video. “Trickle down economics has […]

Free Money Ain’t Free

Census figures show that over a third of Americans are receiving some means tested welfare; i.e., Medicade, food stamps, housing assistance, and other forms of Temporary Assistance for Needy Families as was reported by Fox News in late August. Of course, this is not surprising to anyone paying attention. This so-called recovery which we are told we are experiencing has been very lopsided in favor of the upper income folks and especially the Wall Street crowd. Inflation is low according to the Federal Reserve, but most people are seeing their cost of living go up while income is stagnant or declining. […]

Segregation on Rise in Schools; Need Better Education; Policies Failing

According to the AP a report by the Civil Rights Project at UCLA findings showed that segregation in schools is on the rise 60 years after the Brown Supreme Court decision. Blacks, Latinos, and other minorities are making up 90 percent of the students in a number of schools in New York, Texas, California, Maryland, Illinois, and Michigan. The Civil Rights Project found that in central cities among the largest metropolitan areas contain more segregation than in suburban areas.  Do you think as citizens that we segregate ourselves of our own volition? Lower middle class individuals hang round others in […]

The New World “disOrder” Is On The Horizon: The Orchestrated Decline of America

America’s world dominance since the break up of the Soviet Union is coming to an end. Pundits will write millions of words debating the “how” and the “why” of America’s fall from grace. To borrow a phrase from our current esteemed leader,  America has been  punching above its weight class, for many years. Our government has spent more than it has taken in for over three decades. Things took a decided turn for the worse during the G. W. Bush administration. The Clinton administration had the benefit of the inflating Dot.com bubble and the inflating housing bubble and, as a […]

Paul Krugman Advocates for “non-existent” Death Panels Again

If you recall, Paul Krugman, the uber-liberal economist that never met a stimulus he didn’t like, was caught supporting “death panels” on the This Week Program.  That was in 2011.  Well, he was caught again. Doug Ross (no relation) and Weasel Zippers have the details… I’m guessing that Sparky McEnron didn’t realize he was being videotaped: Eventually we do have a problem. That the population is getting older, health care costs are rising… there is this question of how we’re going to pay for the programs. The year 2025, the year 2030, something is going to have to give… We’re […]

Let’s Cut Our Way to Prosperity- Again

Obama said in his weekly address to the nation that “We all agree that it’s critical to cut unnecessary spending,” Obama said. “But we can’t just cut our way to prosperity. It hasn’t worked in the past, and it won’t work today.” President Obama is wrong, and this incorrect logic and ignorance of history is leading him to make wrong policy decisions today. We can cut our way to prosperity and it has worked in the past- in fact, it has worked a lot better than efforts in the past to spend our way to prosperity as Obama is suggesting […]

What Recovery? Part I: Velocity of Money

The recession officially ended in 2009. Government reports tell us that the United States has been in recovery for four years now. The vast majority of Americans don’t feel as if they experienced any recovery. Is it because the rate of economic growth has been the slowest in US history? Shouldn’t the average American feel some benefit from an average GDP growth of 2%? Unemployment is the same today as it was in 2009. Why? The Federal Reserve  has used a policy called Quantitative Easing to pump trillions of dollars into the economy over those four years.  At the same […]

Liberal Education Creates Dumb People

It wouldn’t come as a surprise that people that go to universities tend to be liberal.  And, considering that they are liberal, they must live in economic la-la-land. And, it is true, as proven by Bookworm… One of the things that made the rounds on my Facebook was a boastful poster saying that those states with the highest number of college-educated people all went for Obama.  The implication is that these smart Blue State people, unlike the ill-educated yahoos in Red States, are the ones who have the brains and ability to understand how Obamanomics will serve America. What the genius […]

Restoring Liberty Should be Our Number One Priority

During the recent election most people listed the economy as their number one concern and that it should be a top priority for the next administration.  The reason people prioritize the economy as their main concern is because they can feel it.  Like the nauseating smell of cigarettes smoke, people feel the negative effects of a faltering economy.   It has an immediate and direct impact on their lives and impedes their ability to pursue happiness because there is little to no opportunity.  So it’s a natural thing for people to desire stronger economic conditions because it creates an opportunity rich […]

Pain is a powerful motivator

If you believe polls, most show President Obama with a slight edge over Mitt Romney going into the debates.  This edge has left many pundits scratching their heads wondering how Obama can even be in this race.  After all he has presided over one of the worst economic recoveries in our nation’s history.  Unemployment has been over eight percent for three and a half years, we have lost our triple A credit rating, slipped from first to seventh in global competitiveness, increased our national debt by $6 trillion with nothing to show for it, lost 662,000 jobs to China since 2008, […]

2012 Turning Into Battle Between Successful American and Bankrupt European models?

Some of you probably don’t enjoy the ‘Obama everyday’ approach that some blogs have adopted, and I have also struggled with this, but the truth of the matter is that this Presidential campaign is increasingly becoming a story between two opposing forces and a good storyteller (me) should always focus on the main characters in that battle. The battle lines have been drawn up. On one side is President Barack Obama, who has taken the lead in the new-look Democratic Party and is being followed by assorted people like Senator Stabenow and Congresswomen Nancy Pelosi. He has declared war on […]

May Economic Numbers Discouraging: Will Team Obama Create Another Social Issue to Distract From it?

Once again, the monthly economic numbers represent a disappointment.  The Blaze has more… U.S. employers created only 69,000 jobs in May, the fewest in a year, and the unemployment rate ticked up. The dismal jobs data will fan fears that the economy is sputtering. It could also damage President Barack Obama’s re-election prospects. And it could lead the Federal Reserve to take further steps to help the economy. The Labor Department also said Friday that the economy created far fewer jobs in the previous two months than first thought. It revised those figures down to show 49,000 fewer jobs created. […]

Content with Caligula’s Coin

It is the nature of man to try and get as much as he can in reward for as little effort as possible.  This same drive, practiced in two separate ways, can define two distinctly different people.  On one hand, the desire to get much for little can spur a responsible fiscal business person to stay ahead of his competitors in a capitalist market place.  One the other hand, it can push one to the street with open but idle hands. Politicians know the power behind these two distinct groups.  The former is courted for the power of their money […]

Occupods Propose Alternatives to Capitalism: Makes Absolutely no Sense in the Process

We’ve seen all sorts of nonsensical comments from occupods.  Some propose communism while changing the terms. Others openly advocate for the murderous system.  And, still others make no sense whatsoever.  I think the following video exemplifies the third category… And these people are the future leaders of this country? I am officially afraid. Then again, some protesters don’t even know what their signs mean… Where’s the media on this? Of course, they’re too busy inventing the next Republican war on “X.”

Viral Video – Reagan Takes Obama to School

Viral video

Let’s help this video make the rounds and go viral.

I'm a 1936 Republican

constitution2

The last three years have been very painful for many of conservatives.  We have witnessed first-hand the total disregard for our constitution, the overregulation of our economy, the devaluation of our dollar, and the out control spending which has created a massive debt for our children.  Now is not the time for watered down solutions.  Now is the time to think outside of the box.  Now is the time for bold action.  Now is the time for sound conservative policies to get America back on its feet.  And the platform Republicans should be standing on is the Republican platform of […]

Obama Thinks "Unneeded" Income Belongs to Government?

hydrogenbarak

Commentary Magazine has a great article by John Steele Gordon.  I think it is quite revealing. President Obama’s press conference yesterday—in which he only took questions from left-leaning reporters apparently–contained an amazing statement. It should be noted the first two instances of the first person singular pronoun in the sentence refer to Barack Obama, President of the United States. The second two refer to Barack Obama, taxpaying citizen: And I do not want, and I will not accept, a deal in which I am asked to do nothing, in fact, I’m able to keep hundreds of thousands of dollars in additional income that I don’t […]

Lessons from Economic Recessions II- The Forgotten Recession of 1920

unemployment

Last week I wrote in my post Lessons from Economic Recessions- Introduction and Great Depression: History teaches lessons- it allows those of us in the present to see how results in the past worked. Economic recessions are a great teaching tool for policy makers and average citizens, because they teach us how the recession may have happened and how to emerge from the recession and therefore inform us as to the policy actions that we must take and those that we as citizens must support. In that post, I talked about the lessons from the Great Depression. The lessons that […]