Economy  (Page 7)

American Economy Expanding at Dismal Rate

Comments
Permalink
Posted by  ▪  Friday, April 29, 2016 at 8:30am 4/29/2016 at 8:30am

The American economy is off to a horrible start in 2016. GDP grew a measly 0.5 percent in the first quarter of this year. No wonder Democrats want to talk about transgender people and bathrooms.

Bloomberg

Read More...
 
 
 

Minimum Wage Hike Kills Popular Upstate NY Eatery

Comments
Permalink
Posted by  ▪  Wednesday, April 20, 2016 at 7:00am 4/20/2016 at 7:00am

New York’s new minimum wage is being cited as the main reason that a popular Albany restaurant is closing its doors after serving the community for decades.

Mental Recession reports:

Beloved Upstate Restaurant Closes, Cites Minimum Wage Hike As Major Reason

An Albany area fish fry restaurant is closing its doors after nearly 70...

Read More...
 
 
 

Obama Cable Box Executive Order — Benevolent tip of lame-duck regulatory iceberg

Comments
Permalink
Posted by  ▪  Sunday, April 17, 2016 at 5:35pm 4/17/2016 at 5:35pm

Obama signed an Executive Order (EO) on Friday that affects American businesses and the free market (what’s left of it, anyway).

Obama has ordered the FCC to open up set-top cable boxes to competition, and he more broadly ordered executive agencies to search for ways that they can ensure competition among free...

Read More...
 
 
 

Saudi Arabia Threatens U. S. Economy If Congress Passes 9/11 Bill

Comments
Permalink
Posted by  ▪  Sunday, April 17, 2016 at 7:00am 4/17/2016 at 7:00am

Last week, CBS aired a special report on the missing or redacted 28 pages of the 9/11 Commission’s report that might implicate Saudi Arabia in the 9/11 attacks.  In the CBS report, former Senator and former Florida Governor Bob Graham (D-FL) restated his long-held view that these 28 pages should...

Read More...
 
 
 

NY phasing in $15 minimum wage

Comments
Permalink
Posted by  ▪  Saturday, April 2, 2016 at 10:30am 4/2/2016 at 10:30am

The State of New York just passed two significant measures. One is a new family leave policy and the other is a new minimum wage of $15 an hour.

Liberals are pretty stoked about both items. Smaller businesses, particularly in hard-hit upstate NY, not so much. Expect the people intended to...

Read More...
 
 
 

Bernie Sanders Insists His Socialist Proposals Are Viable

Comments
Permalink
Posted by  ▪  Friday, February 26, 2016 at 10:00am 2/26/2016 at 10:00am

Early this week, while most people were focusing on the Nevada GOP caucus, CNN held another Democratic Party town hall event. When Bernie Sanders was confronted about the viability of his proposals, he got a little cranky.

Jack Heretik reports at the Washington Free Beacon:

Bernie Sanders Tries To Defend Viability Of His...

Read More...
 
 
 

Americans Account for One-third of All Global Charitable Giving

Comments
Permalink
Posted by  ▪  Friday, January 22, 2016 at 6:00pm 1/22/2016 at 6:00pm

We’ve become accustomed to hearing from the increasingly shrill fringe left about the greedy evils of the top 1%.  However, it’s important not to lose sight of the fact that Americans are a generous and charitable people . . . including the most wealthy among us.

The Washington Examiner reports that of...

Read More...
 
 
 

Royal Bank of Scotland: “Cataclysmic year ahead”

http://video.foxnews.com/v/4707290583001/behind-the-markets-rocky-2016-start/?#sp=show-clips
Comments
Permalink
Posted by  ▪  Sunday, January 17, 2016 at 2:30pm 1/17/2016 at 2:30pm
http://video.foxnews.com/v/4707290583001/behind-the-markets-rocky-2016-start/?#sp=show-clips

During his State of the Union address, Obama asserted that anyone portraying the American economy as bad was “peddling fiction“.

Perhaps he can explain why our stock market was outperforming expectations . . . in terms of how much it dropped?

The Dow Jones Industrial Average dropped almost 400 points Friday, falling below...

Read More...
 
 
 

Obamacare Premiums Are Going Up… Everywhere

Comments
Permalink
Posted by  ▪  Saturday, November 28, 2015 at 12:30pm 11/28/2015 at 12:30pm

Remember when Obama and all of his allies in politics and media told us that the Affordable Care Act would save money for working families and the country? It turns out that promise was as good as the one about keeping your doctor.

The truth is that the cost of Obamacare is...

Read More...
 
 
 

Art Laffer: Rand Paul and Ted Cruz Have Best Tax Plans

Comments
Permalink
Posted by  ▪  Friday, November 27, 2015 at 6:00pm 11/27/2015 at 6:00pm

Art Laffer, famed member of President Reagan’s Economic Policy Advisory Board, has co-authored, with Stephen Moore, an article for Investor’s Business Daily in which they assert that Rand Paul and Ted Cruz have the “best” tax proposals.

They begin with a bit of a warning to those serious about tax reform:

All the...

Read More...
 
 
 

Gallup: American Approval* of Obama’s Performance Hits High Note

https://www.youtube.com/watch?v=Dul8HZooJhU
Comments
Permalink
Posted by  ▪  Monday, November 16, 2015 at 7:45pm 11/16/2015 at 7:45pm
https://www.youtube.com/watch?v=Dul8HZooJhU

President Obama’s approval ratings may be circling the drain, but a new Gallup poll released today shows that they’re slightly less terrible than usual.

Small miracles?

American approval of Obama’s handling of health care and the economy just clocked in at 44%, which represents a three-year high in both categories. The...

Read More...
 
 
 

Hillary Forgets Who’s Been President for the Last Seven Years

Comments
Permalink
Posted by  ▪  Monday, October 19, 2015 at 10:00am 10/19/2015 at 10:00am

Hillary Clinton visited Alabama this weekend and while nearly all of the early media reports are about her absurd claim that Republicans are trying to disenfranchise black voters, it was her remarks about the economy that were truly stunning.

In the Associated Press video below, Hillary suggests that it is always Republican...

Read More...
 
 
 

New Jobs Numbers Out: “You Can’t Throw Lipstick on this Pig of a Report”

Comments
Permalink
Posted by  ▪  Friday, October 2, 2015 at 1:20pm 10/2/2015 at 1:20pm

The latest jobs report released today could spell trouble for the US economy—and workers.

According to analysts, the economy underperformed in terms of jobs created. Experts surveyed by CNNMoney estimated that we would see a net gain of 204,000 jobs in...

Read More...
 
 
 

Is Sweden Ready to Abolish…Cash?

Comments
Permalink
Posted by  ▪  Thursday, October 1, 2015 at 10:00am 10/1/2015 at 10:00am

Is this the wave of the future?:

Central bank policymakers had believed they had run out of room to support their respective economies, with their interest rates held close to the floor.

…Cut rates too deeply, [they thought], and savers would end up facing negative returns. In that case, this could encourage...

Read More...
 
 
 

August Jobs Report: 94 Million Americans No Longer in Labor Force

Comments
Permalink
Posted by  ▪  Saturday, September 5, 2015 at 12:03pm 9/5/2015 at 12:03pm

Democrats are probably very happy with the August jobs report and the new unemployment rate of 5.1, but if you look closely at the issue, there’s no reason for turning cartwheels just yet.

Susan Jones of CNS News:

Record 94,031,000 Americans Not in Labor Force; Participation Rate Stuck at 38-Year Low for 3rd...

Read More...
 
 
 

“Popular Unity” party splits from far-leftists in Greek political meltdown

Comments
Permalink
Posted by  ▪  Monday, August 24, 2015 at 1:03pm 8/24/2015 at 1:03pm

Greece’s wild ride through the wake of the Eurozone mega-bailout continued to bounce along today as far-left lawmakers split off from the (already far-left) Syriza party to form their own rebel faction.

Former energy minister Panagiotis Lafazanis and his fellow malcontents now have three days to bolster the new Popular Unity...

Read More...
 
 
 

Illinois Gov Rauner keeps fighting as “slowdown” continues

Comments
Permalink
Posted by  ▪  Monday, July 27, 2015 at 6:05pm 7/27/2015 at 6:05pm

Late last month, Illinois Governor Bruce Rauner (R-eal Life Republican) made headlines after he allowed his government to go into a partial shutdown rather than succumb to Democrats’ demands for a tax-and-spend budget.

Now, almost a month later, democrats are still pushing for more taxes and more entitlement spending—but Rauner isn’t...

Read More...