Category Archives: Economics
The Civil War
The upper tier is still doing pretty well. But the lower tier of the New Class — the machine by which universities trained young people to become minor regulators and then delivered them into white collar positions on the basis of credentials in history, political science, literature, ethnic and women’s studies — with or without the benefit of law school — has broken down. The supply is uninterrupted, but the demand has dried up. The agony of the students getting dumped at the far end of the supply chain is in large part the OWS. As Above the Law points out, here is “John,” who got out of undergrad, spent a year unemployed and living at home, and is now apparently at University of Vermont law school, with its top ranked environmental law program — John wants to work at a “nonprofit.”
This isn’t going to end well.
The Boot On Hiring’s Neck
More Tax Money Down The Toilet
…but at least it will be an eco-friendly toilet. It’s really infuriating that the administration continues to bail out the foolish and irresponsible with the money of the productive.
[Update a couple minutes later]
More brilliant government “investment” decisions. As he notes, these clueless idiots think that any dollar spent by the government is an “investment.”
Propellant Depots
Dana Rohrabacher makes the case. He doesn’t seem to be consistent in his terminology, though. He starts out calling them “fuel” depots, and later switches to “propellant.”
Economic Models
Why they’re always wrong.
And yet the technocrats still maintain the fatal conceit that they can run an economy better than the market.
Well, I Guess It’s Been Long Enough
So much for that “Speak no ill of the dead” thing, when it comes to Steve Jobs.
The Biggest Problem With Leftists
…is that they lack a sense of irony. Or self awareness, other than a heightened sense of entitlement and completely unjustified self esteem.
“We Need NASA To Change Commercial Crew Contracts”
Joe Pappalardo got some comments from Elon yesterday, after the hearing.
[Update a few minutes later]
Here’s Frank Morring’s report on yesterday’s hearing.
Occupy Wall Street
…exposed.
As Powerline says, the Tea Party is a political movement — OWS is a crime wave.
[Late morning update]
Occupy Wall Street and its war on the First Amendment.
[Very late morning update]
“Income inequality” is the new global warming. Hey, any excuse for socialism.