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April Job Growth Tanks: Unemployment Rises to 6.1% as Democrats Destroy the Economy
Nothing unexpected here — this is the Democrat economy: a march to destruction and communism. Imagine if the election wasn’t stolen — we’d be flying ….. Pay the people who are working everyday an extra $400 per week and then watch the unemployment rate go back to 3%…. — Matt Couch (@RealMattCouch) May 7, 2021 […]
The US Government’s Debt-to-GDP Ratio Is Worse Than Greece’s Before the 2008 Crash (And It’s About to Get Worse)
The US is in uncharted debt territory. That should worry us. President Biden on Wednesday pitched a new plan to Americans before a joint session of Congress: more spending. The just-released $1.8 trillion plan, presented just weeks after Biden signed a $1.9 trillion in COVID relief spending into law, includes “free” community college as well as […]
Niall Ferguson: How Ike’s 1950s America Beat The ‘Asian Flu’ With Science & Common Sense
This essay is adapted from Mr. Ferguson’s new book, “Doom: The Politics of Catastrophe,” which will be published by Penguin Press on May 4. He is a senior fellow at the Hoover Institution at Stanford University. In 1957, the U.S. rose to the challenge of the ‘Asian flu’ with stoicism and a high tolerance for risk, offering […]
New Study Reveals That Stay-at-Home Orders Backfired. Here’s Why
US households had the highest COVID-19 transmission rates, a new economic analysis says. Here’s why. Last summer, NBC News reported that New York state health officials were stunned by the number of hospitalized patients who said they had contracted COVID-19 while staying at home. The data, collected from 113 hospitals who surveyed patients over a three-day span, […]
Small businesses Say Big Labor’s PRO Act Would Put Them Under
The Biden Administration sent some stock prices tumbling and left small businesses worried after taking sides on a hotly contested labor issue that critics say could threaten the jobs of millions of independent workers and thousands of small businesses. In his address to the nation Wednesday evening, President Joe Biden called on Congress to pass […]
Who’s To Blame for Arizona’s Nation-leading Census Undercount?
Even with the population increase in Arizona being among one of the fastest-growing states during the past decade, its 7.1 million population, especially in the Phoenix area shown here, was not enough to give the state a 10th congressional seat the U.S. Census Bureau announced Monday, April 26, 2021. Last week’s U.S. Census Bureau figures […]
America’s Most Libertarian State Is…?
A new report reveals the best and worst states for economic and personal freedom. I wrote a couple of days ago about America’s best and worst cities for pro-market policy, and I noted that there are several rankings of economic liberty for states and nations. But what if you want to know the place with the most overall freedom? […]
PODCAST: For The Love Of White Castle
Interestingly, the big news in Florida is not about the state’s new “anti-riot” law or rejection of the “vaccine passports,” but rather something bigger, namely White Castle has finally opened a restaurant in Florida, in Orlando specifically. It is said to be the world’s largest White Castle restaurant strategically placed near the theme parks and opened […]
Inflation Jumped by 3.8% in Q1, “Real GDP” Rose 1.6%, Dragged Down by Record Trade Deficit and Drop in Inventories
Even the Fed’s repressed inflation measure without food and energy rose 2.3% annual rate in Q1. The US economy, as measured by inflation-adjusted GDP, grew by 1.6% in the first quarter from Q4 2020, according to the advance estimate of the Bureau of Economic Analysis this morning. If you read in the headline that it grew by […]
The Everything Bubble and What it Means for Your Money
In the aftermath of the Black Plague which swept across Europe between 1347 and 1353, wiping out between 30 and 60% of the population, the European economy changed dramatically. Source: Jeremy Norman – HistoryofInformation.com The Black Plague had a lasting socioeconomic impact; for example, towns and cities emptied, and the sudden reduction in the labor […]
The US Government’s Debt-to-GDP Ratio Is Worse Than Greece’s Before the 2008 Crash [And It’s About to Get Worse]
The US is in uncharted debt territory. That should worry us. President Biden on Wednesday pitched a new plan to Americans before a joint session of Congress: more spending. The just-released $1.8 trillion plan, presented just weeks after Biden signed a $1.9 trillion in COVID relief spending into law, includes “free” community college as well as […]
Apple Continues Lobbying Congress On Chinese Slave Labor Bill
WOKE hypocrisy. Vile, vicious and evil. This is slavery. Apple, Retail Groups Continue Lobbying Congress On Chinese Slave Labor Bill Lobbying disclosure forms filed with Congress this week show that Apple and several retail trade groups continue lobbying on a bill that would crack down on forced labor in China. Apple paid two firms to […]
Economist: Lockdowns ‘Greatest Peacetime Policy Failure’ in Canada’s History
Canadian economist Douglas Ward Allen recently ran a cost-benefit analysis of lockdowns. The trade-off hardly seems worth it. Earlier this month, Dr. Anthony Fauci, the top infectious disease official in the United States, struggled to explain why COVID cases and deaths in Texas were continuing to fall even though the Lone Star State had lifted the […]
Twitter sees fewer users than expected and stock sinks
Harder! Faster! What did those flip-flop, turtle-neck wearing freaks think would happen when they kicked half their customer base in the teeth? “Twitter expects a second-quarter GAAP loss of $170 million to $120 million on revenue of $980 million to $1.08 billion. Analysts had forecast adjusted earnings of 16 cents a share and a GAAP […]
Core Capital-Goods Orders Hit Another Record High in March
New orders for durable goods posted a gain in March, rising 0.5 percent following a drop of 0.9 percent in February. Total durable-goods orders are up 2.4 percent from a year ago. The March gain puts the level of total durable-goods orders at $256.3 billion, the fourth highest on record after the January reading of […]
The Ignorant World and What to Do About It
A spectre is haunting the Western world – the specter of a grossly mistaken understanding of the world. British kids have nightmares about the climate. Half of French respondents think it likely that climate change will cause “the extinction of the human race.” American teachers coddle students who have panic attacks when wildfires rage somewhere on the planet. Eco-anxiety […]
Google Search: Driving the Pornography Industry’s Profits
As recently as December 2020, when NCOSE researchers conducted a Google search test for “child pornography,” many top results yielded links to hardcore pornography websites, including Pornhub and XVideos—effectively advertising for the world’s largest sexual exploiters that are currently under increased public scrutiny for the proliferation of child sex abuse material on its site. Two […]
Understanding Value and Crypto Currencies
At this time, there is a rare concurrence of opinion among students of financial markets that a serious disconnect exists between prices and reality. What is meant by that is that prices suggest a cloudless sky ahead, while economic realities are waving warning flags. To understand this, let’s look at the concept of “intrinsic value”. […]
FASCISM: Democrats Are The Party of the WEALTHY, IRS Data Shows
You would be rich too if you stole from every American who is actually working for a living. Democrats bankrupted this nation, got wildly rich, all the while calling for taxes on the rich (the working Republicans). Democrats are the party of the wealthy, IRS data shows By Emma Colton | Washington Examiner | April 26, 2021: […]
EV’s Not Family Workhorses, but Short-range Second Cars
With half of the EV’s in the entire country being located in California, the recent 2021 California study may be a downer for the EV excitement as it shows that EV’s are driven half as much as internal combustion engine vehicles. The study illustrates that EV’s are generally second vehicles and not the primary workhorse vehicle […]
The City of Phoenix Is Pushing Back on Tax Cuts so It Can Keep Fleecing Taxpayers
The Arizona state General Fund is flooded with revenue. Latest projections show the state with $1.2 billion in ongoing revenue and a cash balance upwards of $6.5 billion in FY2024. This is by far the largest budget surplus in state history and doesn’t even include the $1 Billion stashed away in the rainy day fund. […]
China’s Strange Endorsement of “Net Zero”
You have to hand it to Xi Jinping. The Chinese “president for life” last September schmoozed the royalty of the United Nations with his unexpected pledge that his country aims “to have CO2 emissions peak before 2030 and achieve carbon neutrality (Net Zero) before 2060.” Xi then urged other nations “to pursue innovative, coordinated, green and open development […]
Stocks Nose Dive After “Biden” Announces Massive Tax Increase as high as 43.4%
The Democrats strike yet another blow against the great American machine achievers, producers……. Americans are to be destroyed in the left’s hate-fueled war. Stocks Take Nose Dive After Biden Announces Massive Tax Increase as high as 43.4% By: Admin, April 22, 2021: On Thursday, President Joe Biden announced that he would be proposing a massive tax increase which […]
Dangerously Ignorant Business Executives
Some 20 years ago, I got deeply involved in a political group. I recruited experienced political operatives and we started to build an operation that no one believed could be done. Then things started to go sideways because we were beholden to a national board made up of affluent contributors who knew little about grassroots […]
Supporting the Infrastructure Bill
I have taken a hard look at the proposal by President Biden to revitalize our national infrastructure. I am ready, willing and able to support the proposal. I just have a few questions. You start with $115 billion for roads, highways, and bridges. Please tell us the specific projects you are spending that money on […]
Costco Bows to Leftist Mob, Stops Selling Pillows Made by Wrongthinker Mike Lindell
After getting heavy pressure from leftist fascists, Costco has joined the lynch mob and stopped selling right-wing racist hate pillows – that is, it has stopped selling MyPillow products because the company’s CEO Mike Lindell has dared to oppose the far-left agenda. Apparently Costco believes that only leftists want pillows, or deserve to have them. […]
Woke Capital Is Destined to Become a Relic
In a market economy, consumers vote with their dollars. The survival and growth of a business depends pivotally upon how effectively they convince customers to buy their products over those of their competitors. But recently, consumers seem to expect a new product in addition to what they were already purchasing from firms: corporate consciousness. In […]
Report: True National Debt Exceeds $123 Trillion, or Nearly $800,000 per Taxpayer
The Democrat-CCP continues to impose more crushing debt on the American people, kill businesses, lockdown whole cities throw millions of out work. China is taking over. Note what’s important and prioritized in their strategy for world domination – debt and spending. Balanced against the value of its commercial assets, the federal government had a combined total […]
Is God a Capitalist?
Popes normally stick to their bailiwick, faith, and worship. But Pope Francis’s criticisms of capitalism came early and often, escalating since the beginning of the covid pandemic. The pontiff describes free-market thinking as “magic theories.” “The fragility of world-systems in the face of the pandemic has demonstrated that not everything can be resolved by market freedom,” […]
Biden’s Colossal Budget Confirms Trump-Era Mega Spending Will Continue
The reality of federal spending under Donald Trump did much to put to rest the obviously wrong and long-disproved notion that Republicans are the political party of “fiscal responsibility.” With George W. Bush and Ronald Reagan, it was pretty much “full speed ahead” as far as federal spending was concerned. Under George W. Bush, some of the […]