ECONOMY
30 Trillion Dollars In 30 Years – The Greatest Party In The History Of The World Has Destroyed America’s Future
When you spend 30 trillion dollars that you do not have, it is easy to create an illusion of prosperity. In 1995, the nation was obsessed with the O.J. Simpson trial, “Toy Story” was the biggest movie of the year, the Sony Playstation made its debut in the United States, […]
Los Angeles Passes New $30 Minimum Wage for Hotel and Airport Workers
With benefits, the effective wage is $38.35. This is inflationary. New Minimum Wage AI Overview Los Angeles is moving towards a $30 minimum wage for hotel and airport workers by 2028, a move supported by unions and some council members who believe it will benefit the local economy. The city […]
Government Free Money Accounts for 19 Percent of All Personal Income
Free money includes Medicare, Medicaid, SNAP, Social Security, and more, discussed below. Some may object to the term “free money” but the definition of Personal Current Transfer Receipts (PCTR) is “Payments to individuals for which no current services are performed, representing a component of personal income.” I don’t want to get […]
My Job Is to Say No–with One Exception
As long as there’s a way to borrow more money, there’s no discipline pushing efficiency. There seems to be a large number of people with this job description: my job is to say no, with one exception. And what is the exception, the one circumstance where the answer is invariably yes? Borrow […]
Democrats and Their DEI Albatrosses
Democrats are trapped by the toxic DEI ideology they created—too afraid to reform, too broken to survive without it. Afew Democrat officeholders, activists, and pundits are finally coming to their senses that their brand is toxic to a majority of the American people. The Biden administration killed what was left […]
All Of This Uncertainty Is Causing A Tremendous Amount Of Chaos For Businesses Of All Sizes
How are businesses supposed to plan for the future if they have no idea what the rules of the game are going to be? Businesses thrive in a predictable environment, but we have entered a period of time of extreme uncertainty. One day we are facing high tariffs, the next […]
At Least Gas Costs a Little Less . . .
No COVID criminals – Drs. Fauci, Brix and Walensky – have been charged or are ever likely to be charged – with anything. No pharma cartel executive – Albert Bourla of Pfizer, for instance – has faced or is ever likely to face any consequences (liability) for the harms caused […]
The Gross Fiscal Negligence of the GOP
The gross negligence of the Washington GOP with respect to its fundamental duty in the governance process of American democracy—to function as the Watchdog of the US Treasury—seems to know no bounds. Very simply, with current policies fixing to add $22 trillion of baseline deficits over the next decade on […]
Trump’s EV Policy Punch Out: New Bill about Knock Out 130,000 EV Jobs (and the battle behind regulation)
Government policies, regulations and interventions can make or break markets. They can make ’em. And then they can break ’em. That’s what happened with clean energy policy back in 2021. The Biden administration issued the “Inflation Reduction Act(IRA).” Except it wasn’t about inflation reduction. It was a big money printing […]
What Should We Do to Get Government Spending Under Control?
That’s the question I was asked today. 12 Ideas. A Spending Conversation on X What Do I Propose? The short answer is fiscal discipline by Republicans and better tax code and trade policy. Currently, the inevitable Congressional result is more of this for more of that. Democrats and Republicans are […]
