…that could send the U.S. over a fiscal cliff.
Category Archives: Economics
The IPCC Lead Author
This is stupid. Do these charlatans really think that minority Senate staffers can’t read?
By the way, on Muller’s “conversion” from “skeptic” to “believer,” Judith Curry is unimpressed.
“You Didn’t Build That”
The darkness of collective punishment.
Leftists are completely tone deaf to this kind of thing, but as I wrote earlier, I think those four words sealed his fate this fall.
Milton Friedman
Happy one hundredth birthday! It’s a shame he’s not around to see it. Of course, if he were, he’d be pretty appalled by this administration (not to mention many Republicans).
[Update a few minutes later]
More from Thomas Sowell, and Kevin Williamson on the “economics of love.”
The Farm Bill
Could it die in the House?
I hope so. In fact, I hope there is never another one.
[Update a while later]
Link was broken — should be fixed now.
“Bin Laden Is Dead And GM Is Alive”
But GM is on life support.
I think this has the makings of a good Romney campaign ad.
[Update a while later]
Obama touts GM success as its market share declines along with its stock price.
The US Economy
…is not doing fine:
Earlier this year, the Obama White House predicted the economy would grow 3% in 2012. Today’s GDP report shows that ain’t going to happen. The Commerce Department said the economy grew at an anemic 1.5% annual rate from April through June, after a revised 2.0% in the first quarter. It now seems likely the economy will be lucky to grow at 2% for the entire year. And that’s after growing just 1.8% last year.
Check out the comparison between the Reagan recovery and the Obama “recovery.”
At this point, I think it’s fair to say that Obama built that.
Ken Salazar
Is he another Eric Holder?
I think that history will record that this administration had a lot of lying politicized hacks in the cabinet.
“You Didn’t Build That”
As Glenn says:
The key policy implication is that if he can convince enough people that you didn’t earn your success, he’ll face less opposition when he tries to take the fruits of your success for himself. And that’s what this whole “you didn’t build it” thing is about. I’m not taking your property away — it was really mine all along!
Yup.
Packed With Pork
The outrageous farm bill.
Time to clean up DC, on both sides of the aisle. Just a little over three months until our next opportunity.