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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€urosclerosis: The Greeks are revolting!

From The Wall Street Journal: Syriza Poised for Victory in Greek Election Vote Results Could Determine Country’s Future as Eurozone Member By Nektaria Stamouli and Alkman Granitsas | Updated Jan. 25, 2015 12:25 p.m. ET ATHENS—Greece’s radical leftist Syriza party was poised to win a historic victory in national elections Sunday as exit polls showed …

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I is smarter than a Harvard professor!

Or maybe I’m just not as big a hypocrite! Your Editor has stated, on numerous occasions, that we can’t add 30 or 40 or 50 million people who couldn’t pay for insurance themselves to the insurance rolls without either increasing costs or decreasing services, or both.  All of those statements were on the old Common …

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In 2009, we told you that the best thing we could do for the economy was nothing at all. It looks like we were right.

From The Times of India: Japan’s Abe unleashes stimulus plan to spur growth AP | Dec 27, 2014, 06.53 PM IST TOKYO: Japan’s cabinet approved 3.5 trillion yen ($29 billion) in fresh stimulus on Saturday for the ailing economy, pledging to get growth back on track and restore the country’s precarious public finances. Prime Minister …

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