Category Archives: Economics

Business, Economics, Media Criticism, Political Commentary

Bill In A China Shop

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The de Blasio era begins in New York:

He then recited the key elements of his platform: affordable-housing projects, an end to hospital closures, reform of the “broken” stop-and-frisk policy, and a tax on upper-income earners. After each item, he would say, “We won’t wait, we’ll do it now.”

Not content with promoting his own agenda, he had to take swipes at something called the “far right,” which he zinged for its agenda of “trickle-down economics” and giving “more to the most fortunate.” Luckily, much of de Blasio’s fiscal program will need approval from New York governor Andrew Cuomo and state legislators — who, for all their faults, don’t appreciate the “Bill in the China Shop” approach of the new mayor.

Noah Rothman, a writer for Mediaite.com, was taken aback by the tone and tenor of the speeches. He tweeted that “MSNBC [is] really missing a branding opportunity here. . . . We’re swearing in a new prime time host.” Indeed, we can only thank the schedulers for at least sparing us from having MSNBC’s Al Sharpton at the podium.

This may very quickly provide an example of how disastrous leftist policies can be, leading up the mid-terms.

Business, Economics, Political Commentary

The Problem With California

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It’s too damn big:

Because the state is so enormous and occupies some much of the attractive real estate on the West Coast, people have often been reluctant to leave even when its policies are badly flawed. Over the last decade, things got so bad that California finally did start losing large numbers of migrants to other states. But not before the state’s government dug a much deeper hole for itself than would have been likely had California been three or four smaller states, each forced to compete for migrants with the others.

That is the dilemma. It’s geographically such a desirable location that people are willing to put up with awful government.