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Tag "inflation"

High cost of living sours holiday spirit

The drop in gas prices certainly is welcome. Especially during this holiday season. But seemingly everything else is going up in price — as you probably noticed at the grocery store or when shopping for housing. And health care? My

Economic boom fake

John Seiler November 1, 2014

The U.S. economy in the third quarter supposedly enjoyed strong economic growth of 3.5 percent. But look between the lines and the growth was fake. Reported the L.A. Times: Government spending surged 4.6% in the third quarter, the fastest annual

The DOW has NOT set new records

John Seiler November 20, 2013

The so-called economic recovery supposedly is shown by the Dow Jones Industrial Average hovering around the 16,000 mark, the highest ever. It’s just below that number as I write. In fact, adjusted for inflation, the DJIA is the same as

U.S., CA could be hit by Federal Reserve potential massive loss

CalWatchdog Staff February 28, 2013

Feb. 28, 2013 By Chriss Street Last week in my article here, “Misery Index about to soar in CA, US,” I warned that a rise in a combination of inflation and unemployment, known as the Misery Index, could “distort financial markets.”

‘Inflation Tax’ Already Striking CA

CalWatchdog Staff January 9, 2012

JAN. 9, 2011 By JOHN SEILER Californians won’t have to wait for tax increases, such as the several that could be put before voters in the November election. One proposal is Gov. Jerry Brown’s $7 billion tax increase. Tax increases

California Budget: Austerity or Audacity?

Katy Grimes July 7, 2011

JULY 7, 2011 It’s not over. Even though Gov. Jerry Brown signed the budget on June 30, lawmakers are churning out more legislation. And Capitol legislative committees are currently hearing hundreds of new spending and regulation bills. Facing a $26

Dem Budget Deals In Hope

CalWatchdog Staff June 27, 2011

Katy Grimes: Democratic legislators and Gov. Jerry Brown announced today that they have reached a majority-vote budget deal – without Republican votes or any of the reforms Republicans have pushed for. Legislators will begin voting on the plan on Tuesday.