Don’t look now…
…but there may be more trouble ahead. I don’t pretend to have a truly informed opinion on what will actually happen. But I’ve heard a great many ominous rumblings about it.
Continue reading →Category Archives: Finance and economics
Investigating Dobbs
Lou Dobbs has raised the ire of the left because he’s against illegal immigration, and has criticized firms that hire illegals. Now the intrepid Nation has mounted a year-long investigation to turn up illegals in Dobbs’s past, and they have … Continue reading →
McDonald’s meets Obamacare
This is one of those fabulous unintended consequences of Obamacare: While many restaurants don’t offer health coverage, McDonald’s provides mini-med plans for workers at 10,500 U.S. locations, most of them franchised. A single worker can pay $14 a week for … Continue reading →
Don’t forget The Forgotten Man
Note the following, from a 2007 (that is: pre-Obama, pre-financial meltdown) review of The Forgotten Man, the Amity Shlaes book on the Great Depression: As Shlaes emphasizes, the New Dealers tended to see business as an institution to be squeezed … Continue reading →
To Nancy Pelosi: I do not think that word means…
…what you think it means: Pelosi’s word, by the way, is “momentum.” I think she’s using it to mean, “nowhere to go but up.” The phrase occurs around 8:10 here:I listened to the whole thing, quite fascinated with Pelosi’s arguments … Continue reading →
Larry Summers says buh-bye
The White House has announced that economics adviser Larry Summers is leaving. I’ve been anticipating this move for quite some time (see this), and I’m certainly not the only one (see this). The real question is: why is Summers leaving? … Continue reading →
The UK government tax collection agency says…
…all your money really belongs to us anyway, so why not just skip the middleman: you! Perhaps it’s only a matter of time, although for now the proposal is still considered “radical:” The UK’s tax collection agency is putting forth … Continue reading →
A Day for Labor
Labor Day is the bookend on the opposite end of summer from its holiday beginning, Memorial Day. July Fourth is its early peak, with the promise of many long light-filled days ahead. But Labor Day is summer’s last gasp, the … Continue reading →
Those unemployment figures
Summary of this month’s job report: the news is not good. Summary of Obama administration reaction: hey, it could be worse! Well gee, isn’t that always the case? And isn’t it largely irrelevant? Just about everybody knows the truth. Even … Continue reading →
Boehner calls for firing of Obama’s economic team
Boehner is grandstanding here, IMHO. Not gonna happen—although if they had any integrity, they would have voluntarily resigned long ago. And even if it did happen—who would replace them? I can’t imagine it would be an improvement. No, the fish … Continue reading →
Maine and New Hampshire diverge
Amity Shlaes, author of The Forgotten Man—a book about the Great Depression—applies herself to the economic differences between Maine and New Hampshire today. As a New Englander, I know these two states (and Vermont and Massachusetts and Connecticut and Rhode … Continue reading →
In Michigan: “people switch sides”
Part of the lively discussion recently on this thread and then this one centered on the plight of Michigan Democrats who are disillusioned with what their party’s done for them lately, and who are thinking of switching to (gasp!) the … Continue reading →