Category Archives: Economy

Wanna Know Why We Spend So Much on Medical Care?

Posted on March 19, 2010 | Leave a comment

Because we can; just ask Celine Dion.

America is the world’s richest nation in the world.  Never in history has a generation enjoyed as much discretionary income as we currently do.  The price of food, clothing and shelter has never, ever, been lower.

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Posted in Economics, Economy, Health Care, Politics: National

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Unemployment?

Posted on March 17, 2010 | Leave a comment

Clear case of marginal value. In this case, not only do you get to earn money but they almost certainly let their folks eat for free.

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Posted in Economy, Politics: North Carolina

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This is Where Obama is Getting His Jobs

Posted on March 12, 2010 | Leave a comment

Zero Sum Game

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Posted in Economy, Politics: National

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Where Brad and Britt Are Wrong: Version I

Posted on March 6, 2010 | Leave a comment

Some time ago I was listening to Brad and Britt.  They were debating the health care bill [i think?] and one of the points a caller made was that government is unable to do anything well.  Personally I subscribe to this theory and I think it is an excellent point in trying to defeat the current form of health care legislation.  That being said, Britt tried to defend the government by claiming that the government is able to run parks well; State and National.

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Posted in Economics, Economy, Politics: National, States Behaving Badly

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March 1st, 2010: Chance of Recession in the Next 12 Months — 00.043%

Posted on March 1, 2010 | Leave a comment

Using data from the New York Federal Reserve, the chance that the United States will enter a recession in the next 12 months is 0%.  The Vikings have a better chance of wining the Super Bowl!  For perspective, you have to go back to September of 1983 to find a period in time when there was less of a chance.

Hat Tip- Mark Perry: Carpe Diem

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Posted in Economics, Economy, Politics: National

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Capitalism: Millions of People Are Being Yanked Out of Abject Poverty Daily

Posted on March 1, 2010 | 3 comments

It’s a pretty familiar refrain “Everything is made in China, that’s why it’s so cheap!”

This is usually followed up with the typical “slave labor” and “sweat shop” and other oft trotted out horror stories.

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Posted in Economics, Economy, Liberty, Politics: International, Politics: National, Politics: North Carolina

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Unemployment?

Posted on February 27, 2010 | Leave a comment

I call bullshit. Clear case of marginal value.

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Posted in Economics, Economy, Politics: National, Politics: North Carolina, Uncategorized

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How to Sell More Beer

Posted on February 16, 2010 | 3 comments

Many of my friends work in the service industry.  Some either currently own or have owned their own joint.  Many have managed one.  When discussing politics or economics with the more liberal of them, I often get push back on my thoughts and ideas.  The concept that a free’er market would help everyone is foreign to them.  The idea that reducing or eliminating the minimum wage is a horror story; they run away screaming.

But I just go back to the bar room.  And I ask 1 simple question:

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Posted in Economics, Economy, Politics: National, Politics: North Carolina

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Common Sense Approach

Posted on February 11, 2010 | Leave a comment

When you tune out the noise from the right and left, often what you find is a relatively common sense approach to just about everything.

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Economics

Posted on February 10, 2010 | 1 comment

We all know the trouble today.  Unemployment, unemployment and unemployment.  But really, truly is the problem today is that we have government regulation.

See, in a world without it, we would have zero, I mean NONE, involuntary unemployment.  Think back to the pioneer days.  Do you think that there was ever a time when those folks had nothing to do, even when they wanted to do something, for months, or weeks or even days at a time?  Nope.  Not once.

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Posted in Economics, Economy, Politics: National, Politics: North Carolina

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