Tag "economy"

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Snake oil sales up along with CA's rosy economy

Pay no attention to that man behind the curtain. You know… the guy who keeps repeating how rosy California's economic recovery is. The numerous reports announcing California's economic recovery appear designed to make consumers feel enough confidence to go out

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Art Laffer: Dems understand taxes too high

Cal Watchdog Editor-in-Chief Brian Calle talks to legendary business thinker Art Laffer about Democrats coming around to the downside of heavy taxation in the latest Cal Watchdog video available here and on YouTube. The first part of this interview can

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Art Laffer: Stop taxing profits and neuter the IRS

Cal Watchdog Editor-in-Chief Brian Calle talks to legendary business thinker Art Laffer about how to revive the economy, in the latest Cal Watchdog video available here and on YouTube. The second part of the interview with Laffer can be seen

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Chart shows how weak recovery is

The DOW stock index supposedly shows we’re enjoying a strong recovery. It recently set records, although it’s off a bit today. Not really. Thanks to Chart of the Day, here’s the history of the DOW adjusted for inflation:    

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U.S. self-employed businesses crashing 6

May 10, 2013 By John Seiler New data show a continued sharp decline in self-employed businesses in the United States. This is another indication that the “recovery” from the Great Recession is bogus. Things only are slightly less bad than

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Will nanotech, biotech bonanza rescue state from its politicians? 5

Feb. 23, 2013 By Chris Reed The Golden State may yet be rescued from its epic mismanagement by private-sector innovation that brings vast new wealth to California. For all our Solyndra-style boondoggles, there’s also extraordinarily promising work being done that

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Gov. Antoinette-Brown: Let the unemployed eat cake

Feb. 19, 2013 By Chris Reed Over the weekend, the U-T San Diego had a story about the Texas vs. California business-climate debate. It featured an astounding claim from Gov. Jerry Brown’s top economics adviser: “California provides a higher level

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Politicians, media distort economic facts 55

Feb. 6, 2013 By Katy Grimes The U.S. economy lost more than 1.4 million jobs between December and January. But it’s almost impossible to find any reports in the mainstream media about this. Instead, the media primarily have reported on reduced

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‘We are now Europe!’

Jan. 30, 2013 By Katy Grimes Rick Santelli, my favorite vociferous and opinionated financial news guru, today said that with the federal government’s release of the latest report finally showing that the economy actually shrunk in the fourth quarter last year, “We are

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On fracking, will Govs. Brown and Cuomo heed Ed Rendell? 0

Jan. 21, 2013 By Chris Reed With the op-ed in last week’s Wall Street Journal about California’s enormous potential for a fracking-driven energy boom, it’s beginning to look like how Gov. Jerry Brown deals with the issue will be a

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