Economy – Page 32 – John Hawkins' Right Wing News

Obama Blames His Historic Debt On……Well, Bush, Of Course

Posted on March 20, 2012 by William Teach

Is there anything that Obama takes the blame for? We know he likes to take credit for everything that happens. He took credit for ending the Iraq mission after sticking with Bush’s timeline. Credit for the oil drilling that was approved by the Bush administration. And anything good in the economy, Obama takes credit, and […]

American Cancer Society Attacks Me by Name Over California Tax Grab?

Posted on March 19, 2012 by Warner Todd Huston

Oddly enough, a coalition of big tax hikers in California, including the American Cancer Society, has attacked me by name for daring to write about Proposition 29, a California ballot measure that will appear on this year’s ballot. Prop 29 will force Californians to foot the costs of nearly a billion dollars in new and […]

Grasping at Energy Straws

Posted on March 16, 2012December 30, 2012 by Michael Fell

In February 2012 New York Democratic Senator Charles Schumer called upon Secretary of State Hillary Clinton to request Saudi Arabia increase their oil production to make up for potential disruptions in the world’s oil supply resulting from Iranian saber-rattling. Schumer’s unhidden rationale was that such a pledge from the Saudis would drive down gasoline prices […]

Obameconomy: Producer Prices Spike Up, Gen Y Loves Living With Parents

Posted on March 16, 2012 by William Teach

Yesterday, (NMP) Obama gave what was supposed to be an official POTUS speech on energy, and instead quickly morphed into a campaign speech where (NMP) Obama took shots at not only the GOP presidential candidates and elected Republicans, but at you and me, who think high gas prices are a Bad Idea, even going so […]

EXCLUSIVE VIDEO: Newt Responds to President: Let Obama Be the Saudi Oil and Algae Guy, I’ll be the American Jobs Guy

Posted on March 15, 2012 by Warner Todd Huston

Republican Presidential hopeful Newt Gingrich appeared at Otto Engineering in Carpentersville, Illinois this afternoon and had a few choice words for Barack Obama. Newt told the president than he can be the fantasy algae guy and he, Newt, will be the science candidate. Newt Slams the President as a member of the “Flat Earth, Sierra […]

Canada’s tax revenues steady as they lowered corporate tax rates

Posted on March 15, 2012March 14, 2012 by Wintery Knight

Canada: Corporate tax cuts, not stimulus spending From the: Daily Caller. Excerpt: The chart shows Canada’s federal corporate tax revenues as a share of gross domestic product (GDP) and the federal corporate tax rate. The tax rate plunged from 38 percent in 1980 to just 15 percent by 2012. Amazingly, there has been no obvious drop […]

Wouldn’t it Make More Sense to Mine Our Own Minerals?

Posted on March 14, 2012March 14, 2012 by Lonely Conservative

The: United States teamed up with the European Union and Japan: in a complaint to the World Trade Organization against China over its rare earth export (REE) policies. While it would be nice if China would stop hoarding their minerals, wouldn’t it make more sense to start doing more mining of our own resources? At: The Enterprise Blog,: Michael […]

Obamanomics: Tide laundry detergent being used as currency in some U.S. neighborhoods

Posted on March 13, 2012March 13, 2012 by Doug Ross

Didn’t this happen in Zimbabwe just before their currency collapsed? …Theft of Tide detergent has become so rampant that some cities are setting up special task forces to stop it and retailers like CVS are taking special security precautions to lock down the liquid. …Tide has become a form of currency on the streets. The […]

“Why Capitalism Isn’t Going Anywhere”

Posted on March 11, 2012February 29, 2012 by Craig Newmark

Let’s hope so: “It’s the only system known to humanity that increases both growth and freedom“.

“Are you a socialist?”

Posted on March 10, 2012February 29, 2012 by Craig Newmark

“I used to be,” she said sadly. “But it hasn’t worked.” Yep. Sadly, tragically,: Cuba today.

CPUC: When a Consumer Advocate Isn’t

Posted on March 7, 2012 by Warner Todd Huston

The California Public Utility Commission (CPUC) is suppose to be a consumer advocate, it’s supposed to be a watchdog agency that keeps California’s public utilities in line so that they don’t rip off rate payers. Unfortunately, as the SF Chronicle’s Katy Grimes says, the regulator is instead responsible for a culture of corruption with the […]

Please Contact Advertisers That Dumped Limbaugh, Tell Them How YOU Feel

Posted on March 6, 2012 by Warner Todd Huston

So far, 22 companies have pulled their advertising from the Rush Limbaugh radio show. They have done this, some because they are big dollar Obama supporters (like Carbonite), many more because they were pressured by a concerted campaign to intimidate them launched by various left-wing groups. Those of you that support Rush Limbaugh really need […]

Competition or Cartel Control? An Entrepreneur’s Fight for Fairness

Posted on February 29, 2012 by Warner Todd Huston

How government uses its powers to regulate and license to act as a cartel for established businesses and to exclude new businesses Artist, veteran, and entrepreneur Julie Crowe wishes to provide a female-friendly vehicle-for-hire service for students in the Bloomington-Normal community, but her attempts are thwarted by city officials who insist students have no need […]

Gov’t Waste Watch: Former California Treasury Official Slams Prop 29

Posted on February 28, 2012 by Warner Todd Huston

The opposition to Proposition 29, the nearly billion dollar per year tax hike slated for the June ballot, is growing. A new wrinkle comes from former California Treasury official Mark Paul who hit the nail on the head in an interview with the Los Angeles Times last week. It seems that another celebrity is barging […]

Cantor And Fincher Triple Dog Dare Obama With JOBS Act

Posted on February 28, 2012 by William Teach

Late Monday night, an opinion piece by GOP Representatives Eric Cantor and Stephen Fincher was published at The Politico, highlighting the GOP’s JOBS Act. After a bit of background into the importance of small businesses in the jobs market, and the regulations and red tape that block them (and the pair avoid playing the Blame […]

“progressive” Reporting on Scott Walker’s Recall Election

Posted on February 27, 2012December 30, 2012 by Michael Fell

There’s so much empty, hateful “progressive” rhetoric in this “article” written by David Chalian it’s truly painful. Scott Walker, Wisconsin governor, braces for recall election, proclaims controversial law is working http://news.yahoo.com/blogs/ticket/scott-walker-wisconsin-governor-braces-recall-election-proclaims-120437772.html First Chalian begins his “article” with an openly biased headline (since once must not miss opportunities to repeat the “progressive”–the law is “controversial”–narrative) that […]

Chop Licking: How Obama Uses Falsehoods to Advance His Policies

Posted on February 27, 2012February 28, 2012 by Warner Todd Huston

Last week we all got a great lesson in how the left promotes a lie to make Republicans the enemy and this time President Obama was a chief participant. This is how the game is played: the left-leaning media establishment makes a claim about how rotten Republicans are and Obama then echoes the claim and […]

Every State Should Be Working On A Doomsday Bill

Posted on February 27, 2012February 27, 2012 by John Hawkins

This country is on track to go bankrupt and default on its debt within the next 10-15 years unless something changes drastically. It doesn’t have to happen, but the Democratic Party seems to be adamantly opposed to doing anything to stop it because it would mean spending less money. So, it’s probably a good time […]

Who’s Offering Economic Solutions?

Posted on February 25, 2012December 30, 2012 by Michael Fell

Given America’s growing national debt, now in excess of $15 trillion: http://www.usdebtclock.org/ A per capita government debt that’s worse than Greece’s: http://www.weeklystandard.com/blogs/chart-america-s-capita-government-debt-worse-greece_631797.html Unemployment numbers “officially” listed at 8.5%: http://www.bls.gov/bls/newsrels.htm#OEUS Petroleum prices trending higher, adding pain at the pump for consumers while decreasing money available to them for spending on vital necessities like food and shelter: […]

Democrats Feeling A Bit Cocky About November

Posted on February 21, 2012 by William Teach

For the life of me, I can’t understand why. But, they do have the majority of the media watching their backs (Politico) Democrats have plenty of reason to feel good right now: The economy’s improving, the president’s numbers are up, their prospects for holding the Senate have brightened, and House Minority Leader Nancy Pelosi (D-Calif.) […]

“progressives” Don’t Care if Americans Suffer at the Pump

Posted on February 20, 2012December 30, 2012 by Michael Fell

There’s widespread consensus in the United States that America needs to become less dependent on foreign oil. America’s growing, ongoing dependence on foreign sources puts her at ever-greater risk in an unstable world. This instability drives the costs higher. “progressives” who feel an overwhelming compulsion to immediately replace America’s existing carbon economy with a green […]

Would you trust these people with $1 billion?

Posted on February 18, 2012 by Warner Todd Huston

If the members of the California State Legislature had to get real jobs, most of them would have been fired by now. Incapable of solving any of the problems that have crippled California, they instead fritter away their time giving perks to special interests and passing endless new regulations that have decimated California’s business community. […]

Happy Belated Third Birthday, Stimulus!

Posted on February 18, 2012February 18, 2012 by William Teach

I knew there was something else I wanted to write about Friday. The 3rd anniversary of Obama’s massive, pork laden, campaign donor hookup entitled the American Reinvestment and Recovery Act, otherwise known as The Stimulus That Didn’t. It’s rather strange that neither Obama nor any Democrats talked about how great Stimulus was yesterday (IBD) Without […]

Tyranny

Posted on February 17, 2012December 30, 2012 by Michael Fell

Of late, much has been made about the current administration’s attack on First Amendment Rights. Attacks have been made on religious liberties (see healthcare mandate on contraception in religious affiliated institutions) http://www.nytimes.com/2012/02/12/us/catholic-bishops-criticize-new-contraception-proposal.html and freedom of the press (see White House and Media Matters coordinate attacks on FOX News) http://dailycaller.com/2012/02/12/inside-media-matters-sources-memos-reveal-erratic-behavior-close-coordination-with-white-house-and-news-organizations/ While it may be correct to […]

New paper on income inequality: Does taxing the rich hurt the middle class?

Posted on February 17, 2012February 17, 2012 by Wintery Knight

Here’s: an article: by Indian economist: Aparna Mathur. She writes (in part): In a recent: paper: that I co-authored with Kevin Hassett, we explored the effect of high corporate taxes on worker wages. The motivation for the paper came from the international tax literature (summarized by Roger Gordon and Jim Hines in a 2002 paper1) that suggested that mobile capital […]

CNN’s Jack Cafferty Now Dissing Obama On The Economy And Debt

Posted on February 16, 2012 by William Teach

It only took him over three years to realize that Obama is a perpetual liar whose promises have a quick expiration date (CNN) President Obama has broken a promise to the American people to cut the deficit in half. His latest budget forecasts a $901 billion budget deficit for 2013. If you add in the […]

Congress Reaches Tentative Deal On “Temporary” Payroll Tax Extension

Posted on February 15, 2012 by William Teach

Of course, many in the media and the Democrat Party (but, I repeat myself) are portraying this as Republicans caving. Pretty much because this is about the only thing that Obama has done that is actually popular, to a degree. Why removing money from the Social Security fund is popular, I’m not sure (Washington Post) […]

Obama’s Budget: More Tax, Borrow and Spend

Posted on February 13, 2012December 30, 2012 by Michael Fell

The White House presented its 2012 budget Monday. A $3.8 trillion proposal which includes $1.43 trillion in new taxes on households whose incomes meet or exceed $250,000 (note: this is the new “progressive” definition of millionaires and billionaires), a fourth straight year of $1 trillion-plus deficit spending (which will require yet more borrowing), and new […]

Obama’s Budget Can Be Seen As “Borderline Delusional”

Posted on February 13, 2012 by William Teach

Those aren’t my words, but those of Politico writer David Rogers He ran on hope, governed through despair and now, with his election-year budget, President Barack Obama is trying to light the old spark, fleshing out a political narrative for America that can inspire with its romance but also seem borderline delusional to his critics […]

Obama To Pitch Lower Corporate Tax Rate Sometime In The Future

Posted on February 11, 2012 by William Teach

While Obama’s budget, which he plans to announce on Monday during what will be a campaign rally, significantly ramps up tax rates for small business owners, he’s looking to pander to corporations (Reuters) President Barack Obama will call for cutting the top 35 percent corporate tax rate as early as this month, according to two […]