Another one bites the dust!

It’s hardly a surprise that the economic policies of President Obama haven’t gotten the county out of the economic doldrums; he and his administration have proved themselves to be absolutely rotten capitalist investors: Smith Electric Vehicles has suspended production By Steve Everly | The Kansas City Star | April 4, 2014 Smith Electric Vehicles, a …

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Economics 101: When government is friendly to business, business gets done and jobs are created

From, believe it or not, The Washington Post: Texas isn’t just leading the nation in job growth — it’s doing it more equitably, too By NIRAJ CHOKSHI | March 7 at 6:00 am Underestimate Texas at your own peril. You might be inclined to think that the Lone Star state is bad at creating good jobs. …

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Economics 101: The CBO estimates that raising the minimum wage will cost jobs

Our now-banned commenter was always trumpeting, “CBO! CBO! CBO!” telling us that the Congressional Budget Office had estimated that the Patient Protection and Affordable Care Act would save us money in the long run . . . right up until they revised their estimates, and have now said that the PP&ACA will cost the economy …

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Another one bites the dust

From Queen, one of the greatest rock’n’roll bands ever! Now, what brings that song to mind? From the Dallas Business Journal: Charles Schwab sending San Francisco jobs to Texas, elsewhere By Lance Murray, Digital Content Producer-Dallas Business Journal | Feb 4, 2014, 6:36am CST UPDATED: Feb 4, 2014, 11:31am CST Flash Player 9 or higher …

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Scam or no scam?

Your Editor begins by noting that he is always leery of any “compromise” between the Republicans and Democrats when it comes to the budget. Both sides say that they gae up something for the good of all, but such compromises usually turn out to be very unbalanced, and unbalanced toward the liberals’ advantage. From The …

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I told you so!

We have said, several times, that the best thing that the federal government could do with regard to the economy is nothing at all. President Obama, who got his way with the eleventy-first Congress, completely controlled by the Democrats, to the point of having a filibuster-proof majority for a while, did pretty much what the …

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The new Fed chairman?

From The Wall Street Journal: Janet Yellen, a Backer of Pushing the Fed’s Policy Boundaries Expected Nominee for Central-Bank Chief Has Easy-Money Leanings By Victoria McGrane and Jon Hilsenrath Janet Yellen’s computer screen saver on a neat desk in her office at the Federal Reserve is a photo of the garden at her home in …

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