What has been happening? Where have you been? First Quarter 2017
Selected social media commentary on politics in the first quarter of 2017
CBO
Why is a 4.9% unemployment rate a possible harbinger of economic woe?
Contrary to the impression that the headlines on the unemployment rate promote, significant issues remain unresolved. Even as the unemployment rate goes down, labor force participation is still too low. We forecast a decline in employment as relative to the increase in minimum wage.
Hillary Clinton revisions shovel-ready jobs as campaign pitch
At the core of the Democrat Party, the President and the Democrat nominees, appear to have a view that Government is the primary source for jobs. The problem is doubling down on the very same neo-Keynesian policies that don’t work in the real world but fulfill the belief that Government is the answer to the issues facing the nation.
What does the proposed increase in minimum wage really mean to New Yorkers?
A small portion of New Yorkers will be paid more. Some people will be without work as companies try to comply or leave the State. Most companies will endure, and the majority of New Yorkers will see no difference in their paychecks. A real fear will be how many companies will exit the least business friendly State once minimum wage increases, and as a result how many New Yorkers will leave to get jobs – at whatever pay scale – that are no longer available here.
After 2014 mid-term elections, rejoining the immigration debate
2015 may well be a year of impeachment, challenges to Obama Administration achievements, and a continued impasse on immigration reform.
A123 Systems saves taxpayers $119 million thanks to Obama Administration
Like Solyndra, Beacon Power, and the Chevy Volt, the Obama Administration has once again proven that government lacks the ability to predict winners and losers in any industry. Once again taxpayer funds have been applied, and lost, in an attempt to fulfill a dream of “green” energy that does not exist. Yet again the national debt has been added to, not reduced, without a benefit to show for it.
Health Care Reform fails again according to CBO
“But we have to pass the Bill for you to find out what is in it…” – Speaker of the House Nancy Pelosi, March 2009 Before these words were uttered, there was mass confusion about…
White House tries to pitch “Tax Fairness” with fuzzy math
In an election year there is no end to the ways that an incumbent President will spin hot button issues to gain the attention of voters. At times this is for the benefit of the…
The Reid Plan, or how to lose and call it a win
In other words, in the world of real people budgets, if you don’t spend $3000 on a new set of golf clubs – that you can’t afford to buy – you just increased your wealth by $3000. Therefore you now have extra money to buy a $1500 new flat screen television – which you still can’t afford. Try that on the wife (or wives, try a similar example on yur husbands) and see what happens. See if it will work with your credit card company too.
CBO confirms the problems with Health Care Reform
It’s a victory, if you are a Democrat. Then again, the Democrat-led Congress has yet to read any of the Bills being voted out of Congress since the Obama Administration took over. So I doubt…