Category: Economy

Reluctant testimony it seems, but testimony nonetheless. At Walmart, we found a surprisingly large lawn & garden section, including a grill selection rivaling that at Home Depot and Lowe’s.:  I was previously unaware Walmart dabbled in pavers and masonry block, but apparently, they do.:  When people say that you can literally get anything at Walmart, […]

Greg Mankiw argues and I agree with him 100%: My advice: Amend your line in the sand to NO INCREASES IN TAX RATES.:  Be willing to give up on tax expenditures if we simultaneously make current tax rates permanent–or, better yet, if we: lower rates, as the Bowles-Simpson commission suggested.

“A most impressive feature of capitalism that is highlighted in the McDonald’s case is how its institutions so beautifully adapt themselves to change. The drift is always upward: new and improved. And this drift is like a wind that never stops blowing unless it is stopped by the organized force of the state.”

Here’s a spiffy little graphic from CBS News That’s NMP Obama’s, and the Democrats, economy. An 11% shift for the worse in 9 months. That’s not the only finding signaling that Americans have a negative outlook about their economic future. Only 20 percent now say the economy is getting better, the lowest number since last […]

Unintended effects from government action, part 1,356,732: Myth 1: The Alternative Minimum Tax targets millionaires. Fact 1: While the Alternative Minimum Tax was originally created to target millionaires, today it falls most heavily on non-millionaires. Cross-posted from Newmark’s Door.