For those of you that have been here since almost the beginning, you know that we pegged “Cash for Clunkers” as the huge failure that it was. Here is what we wrote while the program was ongoing… The cars traded in on the program are to be destroyed. Now, in normal situations, a trade in will either go on the dealer lot, go to auction, or go to the junkyard. In any of those situations, others will have the opportunity to benefit from this car, either by driving it, or by purchasing the usable parts from it. When the car […]
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, […]
At Real Clear Politics the other day, I came across an article by economist, Arthur Laffer in theWall Street Journal. the same Arthur Laffer whom developed the Laffer Curve during the Reagan administration. As I often do, I scanned the article and bookmarked it as a possible source for a post. Then this morning I had an e-mail in my in-box from Pat Slattery of The Free Market Projectsuggesting that I consider doing a post on an article by John Hayward about the Laffer article. And, I thank him. So, I will discuss both the Laffer and Hayward articles in today’s post on economic […]
Hope and Change apparently means higher food prices. Big Government has the evidence… So you think you’ve been paying more for groceries because your food bill is too high? You’re right. Barack Obama is consuming fine dining while you’re putting another helping of macaroni on your plate. In 2011, with Obama’s inflation beginning to hit, prices skyrocketed for staples that you consume, according to the government: Beef: +10.2% Pork: +8.5% Fish: +7.1% Eggs: +9.2% Dairy: +6.8% Oils and Fats: +9.3% Thanks to those kinds of prices, more and more people are opting to stay home for dinner – restaurants are simply […]
The Department of Agriculture announced today that because of a sharp rise in corn prices, Bacon is expected to be “dramatically more expensive” this summer. With the announcement consumers have begun cutting back on their Bacon usage. “I used to have Kevin Bacon cut my lawn once a week. He was cheap. Ten dollars was all it cost” said one person. “But now I don’t know. The economy’s bad and I’m struggling to make ends meet. If Bacon gets more expensive I’ll have to mow it myself even though I have a bad back.” All along this row of houses former neatly […]
Here is Part Nine of Milton Friedman’s Free to Choose. H/T: The Daley Gator Related posts: Milton Friedman: Free to Choose Part 2 Milton Friedman: Free to Choose Part 4 Milton Friedman: Free to Choose Part 3 Milton Friedman: Free to Choose Part 5 Milton Friedman: Free to Choose Part 6 Related posts brought to you by Yet Another Related Posts Plugin.
Ever want to do something to raise awareness about the POTUS and his policies? I know, most of the readers here are bloggers as well, and we help to get the message out, but what if there was a very public, yet anonymous way to do it? Well, dear readers, such a technique has been found, and I think you’ll find it to be as hilariously subversive as I do. For background, here is a description of subversion techniques from Stop Shouting… Part of the charade employed by the existing Regime is to continue to make people believe that they […]
According to MSNBC, via the AP, gas prices in several states have topped $4 a gallon, with more join… On Sunday, the Empire State became the sixth state to top $4 for the average price of a gallon of gas, joining Alaska, California, Connecticut, Hawaii and Illinois, according to AAA’s Daily Fuel Gauge. The average price of gas also rose to more than $4 per gallon in Washington, D.C., on Saturday. The next states to join the list could be Michigan, which has gas for $3.95 per gallon on average, and Indiana, where the average price is $3.94. Nevada, Washington […]