Category Archives: Economics

Corporations: Too Big to Stop

All we here from Obama and the Left these days is that corporations are evil.  They are too big to fail.  They are only craven beasts intent on profit.  They must be stopped.  And failing that, they must be limited.

Continue reading

When Irrational Incentives Work

It makes the Leftists mad.

I’m convinced that we all want the same thing in this world.  We want people to work hard, take care of themselves and when they can’t, we wanna make sure we do what we can to help ’em.  Serious.  Who doesn’t want that?

The difference is in the process.

Continue reading

Health Care Benefit

One of the “gets” for Obama and the Democrats during the Health Care debate and vote is the ability for parents to keep their children on their insurance plans until those turn 27.  A 26-year-old adult child can be carried on his parent’s insurance plan.

Continue reading

Where Brad and Britt Are Wrong: Version II

This morning I was driving to work and had the radio tuned to WZTKBrad and Britt are the morning talent.  The discussion during the segment I caught was “Cash for Appliance Clunkers”.  Apparently I missed the lead up ’cause Brad was all worked up over the fact that folks were callin’ him out for taking advantage of the program.  I kinda resonate with that fact, I mean serious, if you have a 20-year-old freezer and you claim to be concerned about the environment, why is it you will only replace your nasty old hardware when I pay for it?

Anyway, the conversation turned to the other “Cash for…” program, the infamous “Cash for Clunkers”.

Continue reading

Outlaw Water Main Breaks

It would seem that elected officials in Boston aren’t satisfied with altering the laws of men; they also would like to change the laws of nature.  And stuff.  So I offer them this unsolicited advice:

Stop nibbling at the edges and just legislate away water main breaks.

Continue reading

Capitalism: A Love Story

Some things require only that we sit back and listen:

Add to FacebookAdd to DiggAdd to Del.icio.usAdd to StumbleuponAdd to RedditAdd to BlinklistAdd to TwitterAdd to TechnoratiAdd to Yahoo BuzzAdd to Newsvine

May 3, 2010: Chance of Recession in the Next 12 Months — 00.055%

Nothing has changed in one month.  The New York Fed continues to report the chance of Recession at 0.055%.  Looking good heading into summer.

As a note, the NBER usually reports that a recession has ended about 20 months after that recession ended.  I have been saying the “current” recession ended in the end of May, 2009.  20 months after May 2009 is January 2011.  Some folks think I’m early, which means NBER won’t report until AFTER February 2011.  We have a bit of a wait.

Chance of Recession May, 2011

Expect The Same "Success" As Cash For Clunkers

We have needed a new washing machine for about 8 months now.  It’s old, grumpy and just doesn’t do the job I want it to do.  Normally, I would have bought one about 6 months ago.  But when there is “Obama money” to be had, I’ll wait the extra 6 months.

Continue reading

Social Security: Time To End It

And here’s how. First, you have to admit that what we are doing is a form of a Ponzi scheme. I am paying for the folks who came before me in order that I might be taken care of by those that come after me. I am NOT, in any way, taking care of myself.

Continue reading

Where Liberty Clashes With Liberty: A Study of the Leftist

So, what is Liberty? What is a “human-right”? People say all kinds of things are human-rights. In fact,in many nations, more and more things are becoming human-rights.

Continue reading