Economics 101: Whenever you are told that a proposed tax will barely be noticeable, don’t believe it!

From The Wall Street Journal: Long-Term Costs of Cutting Emissions Grow Hazy Economic costs of hitting near-term targets appear modest, but modeling grows less reliable further out By Amy Harder and Greg Ip | Updated April 24, 2016 12:42 p.m. ET The world’s top officials just signed an agreement to slow the buildup of planet-warming …

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Why, of course we should remove Andrew Jackson from the face of the $20 bill We would never want to honor the one President who actually paid off the national debt

From The Wall Street Journal: Harriet Tubman to Be Added to $20 Bill Decision comes after a campaign to solicit input on a proposal to put a woman on the $10 bill appeared to misfire By Nick Timiraos | Updated April 20, 2016 4:59 p.m. ET This time, Alexander Hamilton dodged the bullet. Treasury Secretary …

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Economics 101: Health insurance companies do not exist to provide health insurance Health insurance companies exist to make money; providing insurance is simply how they do that

From The Wall Street Journal: UnitedHealth Tops Expectations, to Leave Some Affordable Care Act Markets U.S. health insurer will pare its presence from 34 states this year to “only a handful” in 2017 By Anna Wilde Mathews | Updated April 19, 2016 11:48 a.m. ET UnitedHealth Group Inc. said it would remain in only a …

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Economics 101: In business, only the bottom line matters

From The Wall Street Journal: Ford to More Than Double Mexico Production Capacity in 2018 Auto maker will build new plant in Mexico, expand existing factory By Christina Rogers | Updated Feb. 8, 2016 6:22 a.m. ET Ford Motor Co. will build a new assembly plant in Mexico and sharply increase factory output from that …

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God bless fracking! I have benefited personally

The environmentalists and the left and the Democrats1 would have us believe that fracking is evil, evil, evil! but I, as a working man, sure have seen the benefits. The chart shows what I had to pay for heating oil last winter, in Jim Thorpe, Pennsylvania, compared with what I paid for a delivery on …

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Economics 101: Maybe people have gotten smarter? Didn't you know? We're supposed to behave the way Our Betters believe we should behave

From The Wall Street Journal: Why the Housing Rebound Hasn’t Lifted the U.S. Economy Much Many homeowners don’t realize they have home equity to tap, while banks have pulled back on loan amounts and other types of loans have become cheaper By Joe Light | November 22, 2015 2:50 p.m. ET American homeowners are finally …

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We told you so!

From The Wall Street Journal: Eurozone Summit Called After Ministers Fail to Reach Bailout Deal Special summit of eurozone leaders called for Monday By Viktoria Dendrinou and Gabriele Steinhauser | Updated June 18, 2015 6:33 p.m. ET LUXEMBOURG—Eurozone leaders will try to clinch a deal on Greece’s flailing bailout at a hastily called crisis summit …

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The Keystone XL Pipeline, now running through Pennsylvania!

Well, not exactly the Keystone XL pipeline, but it’s what happens when the environmentalists and President Barack Hussein Obama blocked the real thing. We have noted previously that the oil companies weren’t waiting for the pipeline to be approved, but were going ahead to supply the oil that a modern industrialized society needs, moving oil …

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We told you so: If liberals understood economics, they wouldn’t be liberals

I’ve said many times previously that if liberals actually understood economics, they wouldn’t be liberals any more. The professor is simply approaching it from the other side, and telling us that liberals should be ignorant of economics. Liberal Professor: If You Understand Economics, You’re Likely to be a Bad Person by Aurelius • March 29, 2015 According to …

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Economics 101: Profits = Revenue – Expenses, and taxes are an expense

From The Philadelphia Inquirer: Not always sunny: Wolf slams visit by Florida governor by Amy Worden, Philadelphia Inquirer Harrisburg Bureau | Last updated: Wednesday, February 18, 2015, 1:08 AM | Posted: Tuesday, February 17, 2015, 6:58 PM HARRISBURG – Florida Gov. Rick Scott is headed to Philadelphia on Monday – but he’s not coming north …

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