Newt Gingrich reports on the average price of various commodities in May 2020 under President Donald Trump compared to those in May 2021 under President Joe Biden. Below are the staggering numbers: Gasoline: $1.77 under Trump / $3 under Biden Lumber: $332 per 1,000 board feet under Trump / $1,570 per 1,000 board feet under Biden […]
Your Survival Guy’s Summer Job, Inflation & You
One of my best business experiences was serving fish and chips and scooping ice cream at Oxford Creamery in Mattapoisett, MA, where I grew up. I remember feeling anxious before each shift, knowing I’d be missing out on some fun with my friends, and knowing how slammed work would be. That was especially true on […]
Biden: No Evidence of Being Paid Not to Work
Dick and I are not sure what Mr. Biden is talking about, because our experience sure was different on our nine-day Key West to Newport, RI road trip. At each stop, we heard, “we can’t get workers.” After analysts predicted the U.S. economy would create one million jobs in April, last month’s jobs reports did […]
Historically Disruptive: Make More Money Staying Home
Have Democrats just ruined the American work ethic and pushed it to a tipping point? Daniel Henninger in the WSJ makes the case that the $300 unemployment bonuses coupled with the checks sent directly to millions of people could turn out to be a “big, long-term mistake.” It’s now clear that Mr. Biden and the […]
A Recipe for Inflation Shock
Former chairman of the White House Council of Economic Advisors, Kevin Hassett, responded to James Freeman of the WSJ by email on how the fed’s shoveling cash to consumers is making life more difficult for producers: (T)he Biden Administration is providing the biggest positive stimulus to demand since WWII, and at the same time doing […]
Joe Biden Is Now Just Making It Up
Last week in Lake Charles, Louisiana, Joe Biden said (according to the official White House transcript): Everything we’re — we’re gone through is now the, sort of — the blinders have been taken off the American people. They know how bad of shape things are in. But it creates — if we move — all the […]
Joe Biden – Bless His Little Heart
How to fix April’s unfortunate jobs report? No problem, said Joe Biden of the dismal April jobs report. And if the expanded payments are slowing the jobs recovery, well, we’ll just spend more. “There’s been a lot of discussion since Friday’s report that people are being paid to stay home rather than go to work,” […]
Biden Exposes His Own $15/hour Minimum Wage Insanity
This is too rich. Biden is telling Americans that they need to get off their butts and work, even if the job they get is paying less than government benefits. The problem is that current benefits are paying about what a $15.38/hour job would pay (depending on where you live and other factors). The push […]
What Is Causing the Worker Shortage?
Despite what Joe Biden claims, it is hard to believe the U.S. economy is “on the right track.” Dick and I started our road trip from Florida to New England last Wednesday. In Key West, the lack of workers is notably stressing many businesses. Wherever we have stopped, from Islamorada to Palm Beach to Hammock […]
Biden To Make the Middle Class a Permanent Welfare State
Joe Biden’s American Families Plan proposes four significant new federal entitlements to the tune of $1.8 trillion: two years of free, universal prekindergarten virtually free child care for all a paid family and medical leave program two years of community college. In a recent “Today” show interview, Mr. Biden said that “after 400 years,” black […]