Mortgages and the lower income earners

From The Wall Street Journal: Why the U.S. Housing Recovery Is Leaving Poorer Neighborhoods Behind Home prices in wealthier areas are rising, but many poor communities are stuck with a housing crisis that drags on By Joe Light | Updated June 23, 2015 11:20 p.m. ET The housing rebound may have lifted home prices across …

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Karmic Justice!

From The American Thinker: Exec who mocked Chick-Fil-A now on food stamps By Ethel C. Fenig | March 28, 2015 My, what a difference two and a half years and a nasty, self righteous video by a nasty, self righteous man make.  In the summer of 2012, an individual who could only accept diversity, pluralism …

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We told you so: the interests of the working class are not what the Democrats think they are!

From Investor’s Business Daily: Working Class Gives Up On Obama, Fears Job Losses By John Merline, Investor’s Business Daily | 03/10/2015 04:45 PM ET In what could be a significant opening for the Republican Party, working-class Americans have largely abandoned President Obama and rejected his economic policies as they continue to suffer from the historically …

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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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We told you so! Another business is closing due to minimum wage increases.

From Twitter: San Francisco libs reap what they sow: Beloved bookstore closes thanks to mandatory minimum wage increase ==> http://t.co/cDl4iqGTDN — Michelle Malkin (@michellemalkin) February 3, 2015   And the story: Borderlands Books in SF announces closure, cites minimum wage increase By Michael Barba When San Francisco voters approved a minimum wage increase in the …

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Barack Obama, Loretta Lynch and the right to work

We may consider it to be an axiom: if President Obama nominates someone for an important federal position, that someone should never, ever be given a position of responsibility. Attorney General Nominee Defends Obama Immigration Changes WASHINGTON — Jan 28, 2015, 9:01 PM ET | By ERICA WERNER and ERIC TUCKER, Associated Press Confronting skeptical …

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€urosclerosis: The Greeks have revolted

From The Wall Street Journal: Syriza Victory in Greek Election Roils European Debate Over Austerity Leftist Party’s Win Is Likely to Embolden Populist Movements Elsewhere in Eurozone By Marcus Walker | Jan. 25, 2015 8:33 p.m. ET BERLIN—For five years, Europe’s common-currency bloc has squabbled over whether the solution to its economic crisis lies in …

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Why should they work?

From The Wall Street Journal: Labor-Market Dropouts Are Staying Out Low Workforce Participation Rate, Amid an Improving Economy, Nags at Economists By Josh Zumbrun | December 28, 2014 2:10 p.m. ET A U.S. economy that suddenly looks healthy—50 straight months of job gains, best quarter of growth in 11 years—is falling short in a key …

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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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The left and the working class

From the Op/Ed page of The New York Times: Have Democrats Failed the White Working Class? By Thomas B Edsall | December 9, 2014 Why don’t white working-class voters recognize where their economic interests lie? Somewhat self-righteously, Democrats keep asking themselves that question. A better question would be: What has the Democratic Party done for …

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