You can see here which states are creating middle-skill jobs—jobs that pay between $13.84 and $21.13 per hour. “At the bottom, Rhode Island is the only state that’s lost middle-wage jobs the last few years. Coincidentally, it’s also seen a decline in high-wage jobs, meaning all of its job growth has been in occupations that […]
The Pigs in Washington
“Over the last century, government’s fiscal machinery has been mostly gas pedal, little brake. In 1913, the 16th Amendment gave Washington open-ended power to tax income and borrow against it, with no offsetting restraint on spending or debt,” writes, David Malpass in The Wall Street Journal. The bond buying operation by the Fed is simply creating […]
It’s Yellen. Now What?
Here The Wall Street Journal points out Janet Yellen’s weakness on inflation, something I’ve been talking about for a while. And in 1995 she said during a debate on inflation targeting that “when the goals conflict and it comes to calling for tough trade-offs, to me, a wise and humane policy is occasionally to let […]
Scrap the Income (Dividend) Tax
100 Years ago this month, President Woodrow Wilson signed the 16th Amendment and the income tax was born. Now we have an army of IRS agents enforcing 73,954 pages of federal tax rules. Liberals love taxes to penalize the evil rich. As Chris Edwards from Cato points out, “The key problem is that liberals have […]
Barack Obama circa 2006
Isn’t it amazing how times change? Zero Hedge reminds us here that Senator Barack Obama in 2006 refused to sign-off on increasing the debt limit: “I therefore intend to oppose the effort to increase America’s debt limit.”
5,000 Jokers
You deserve the peace of mind and comfort that a trustworthy investment advisor brings to you. Unfortunately the investment business is loaded with scammers and crooks. Even when brokers are expelled from a firm they can somehow find work in the same industry. That was the case with Kenneth Dwyer who lost more than $85 […]
Trust Fund Babies
In case you missed the 60 Minutes piece last night on “Disability, USA” be sure to check it out here. Wait until you meet the lawyer from West Virginia. You’ll be ready to drive down there yourself in a fit of rage. Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) is a topic […]
Gunfight Over in Seconds
My friend sent me this article over the weekend. Watch the video first and then read the article to see why your chances of surviving a gunfight will be determined in a matter of seconds.
U.S.A. #1 Energy Producer
You instinctively know that U.S. energy independence is a good thing for the country. The Wall Street Journal reports, “The U.S. is overtaking Russia as the world’s largest producer of oil and natural gas, a startling shift that is reshaping markets and eroding the clout of traditional energy-rich nations.” Yet the Obama administration has railed […]
Tell Your Liberal Friends to Shut it Down
I had the great pleasure of spending time talking with Chris Edwards, Director of Tax Policy Studies, over the weekend at the Cato 200 Laguna Beach, CA retreat. In his talk he referenced downsizing government.org as a wonderful reference tool. And that it is. The charts are sick. Literally. You can pick and choose your […]
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