From MSNMoney comes a “Top Ten” list of the American cities, sorted by lowest and highest tax rates. There are more descriptions at the original, but your Editor has compiled the MSN Money figures into one handy chart. What I have noticed is that, though the correlations are not exact, because different cities and states [...]
Archive of posts filed under the Capitalism category.
Economics 101: the government is no friend, and certainly no help, to business.
From CNBC: Subway ‘Wouldn’t Exist’ If Started Today Due to Regulations: Founder Deluca Published: Wednesday, 27 Feb 2013 | 11:53 AM ET By: Paul ToscanoProducer, CNBC.com Fred Deluca, the founder of privately-held Subway Restaurants, said government regulations are hurting small businesses and that this environment has prevented entrepreneurs from creating value in the market. “If [...]
Economics 101: Socialism does not trump real economics
Your Editor noted, appropriately enough on last Bastille Day, the promise of French Labor Minister Michel Sapin to “make layoffs so expensive for companies that they are not worth it.” The original noted this article as well: French president says Peugeot layoffs are unacceptable Associated Press, July 15, 20121 PARIS — President Francois Hollande on [...]
Economics 101: It’s not a nail
It has been said before that when the only tool you have is a hammer, every problem looks like a nail. From THE WALL STREET JOURNAL: No Surprise as Fed Keeps Rate Stance By Jon Hilsenrath and Victoria McGrane | Updated January 30, 2013, 7:09 p.m. ET The Federal Reserve is keeping its foot pressed [...]
More on Hobby Lobby
It turns out that there is a “and now, for the rest of the story,” and it makes Hobby Lobby’s position look not quite so good.
Three brief articles from Karen
Karen, the Lonely Conservative, had three brief articles which I see are closely related. In the newest, she noted that Jeffrey Immelt, General Electric CEO and chairman of President Obama’s jobs council, said of the People’s republic of China: The one thing that actually works, state run communism a bit — may not be your [...]
Economics 101: Black Friday, unionism and the changing face of employment
From the front page of The Philadelphia Inquirer: Culprit in early store hours? Maria Panaritis, Philadelphia Inquirer Staff Writer | Posted: Friday, November 23, 2012, 5:19 AM In the rush to assign blame for the Christmas shopping frenzy that is taking hold earlier than ever — detractors assailed Target, Toys R Us, and Walmart for [...]
Economics 101: Conservatives are not surprised.
Flash Player 9 or higher is required to view the chartClick here to download Flash Player nowView the full DJI chart at Wikinvest How do investors look at the re-election of President Obama? Not well, it seems: stocks are at their lowest point since July. Why, it’s almost as though investors see stocks as overvalued, [...]
Economics 101: Why is it a surprise that businesses would try to reduce operating expenses?
From Donald Douglas: Progressives Launch Revenge on Applebee’s as Company Downsizes in Response to ObamaCare Look, I wrote about this yesterday. The business community’s had the writing on the wall for sometime. The election simply cleared up the uncertainty in the decision-making environment. Gateway Pundit has the video, “NY Applebee’s CEO Zane Tankel Says He Won’t Hire [...]
John Boehner gets wobbly-kneed
From The President’s Cliff Walk Boehner offers a fiscal olive branch to the White House. So much for the post-election honeymoon. The financial markets took a header Wednesday on (take your pick) the return of European troubles, the risk of a Beltway breakdown over the looming tax cliff, or the greater prospect of a major [...]
