Economy
Gee. What a Surprise.
Ever wondered about those nearly 900,000 “refugees” that Germany admitted last year? You know, how they’re making ends meet? Well, we don’t have to wonder any more, courtesy of Fox News. Short version: a sh!tload of them are receiving Germany’s equivalent of “welfare”. Here’s the money quote from the above article. The Federal Employment Agency […]
Common Leftist Economic Claims, Part III: Exposing the “Shrinking Middle Class/Growing Poor” Fables
The left is always droning on and on about alleged “income inequity”. That – plus the claim that those “evil conservative economic policies” are changing the US to become a society with a tiny minority of very rich and a host of extremely poor, with a disappearing middle class – seems to be among their […]
Common Leftist Economic Claims, Part II: Refuting the “Supply Side” Canard
To continue from yesterday’s article: in a previous article here at TAH, one of our frequent commenters made this unsupported claim: Additionally, inflation adjusted income is negatively correlated with tax cuts for the the top tax brackets. Presumably, the individual meant “increasing inflation adjusted income”. I’ll make that assumption, because otherwise the statement doesn’t make […]
Common Leftist Economic Claims, Part I: Exposing the Ignorance. Or Maybe the Dishonesty.
In a comment to a previous article here at TAH, one of our regular commenters made the following statement. Here is a purchasing power chart showing Reagan’s tax cuts did not flow down in actual purchasing power. http://www.advisorperspectives.com/images/content_image/data/f1/f1bddfd60a7085c654daea1353d98626.gif I’ve pointed out much what follows to the individual via a reply in those same comments. Since […]
Predictable. Completely Predictable.
Like several other “workers’ paradise” libidiot-run cities, Washington DC recently raised its minimum wage substantially above the Federal minimum. In 2014, it was raised to $11.50 an hour – and there’s been talk about raising it further soon, to $15 an hour. They’ve also instituted other mandatory benefits. So, things are rosy, right? This means […]
“He Knows How to Fix the Economy”? Yeah, Right. Bull.
One of the claims often made by Clintoon camp is that “the ‘Nice Lady’ of Benghazi” would put her husband in charge of economic matters. After all: he “knows how to fix the economy”. Just look at how good things were while he was in office! Well, as they might say where I’m writing this […]
Gee. What A Surprise.
I’m sure everyone is aware of the economically inane push by our “good friends” on the Socialist “Progressive” left to mandate a minimum wage that is higher than reality will support. Something to do with “fairness” or “it should be a living wage” – or some other such similar bullsh!t. I guess they must have […]
“It’s the High Taxes and Over-Regulation, Stupid.”
Well, new figures for US economic growth are out. And it turns out last quarter was not a good one. The US economy’s annualized real growth rate for the first quarter of this year? Try a whopping 0.5%. Yes, that’s a ZERO to the left of the decimal point. And yes, that’s the annualized growth […]
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