Tag "Ronald Reagan"
Back to homepageMisery Index about to soar in CA, US
Feb. 22, 2013 By Chriss Street The “Misery Index” is inflation plus the unemployment rate. For example, today the U.S. unemployment rate is 7.9 percent and inflation is 1.7 percent. So the “Misery Index” (rounding off) is 10 points. Anything above
Read MoreActually, stock market shows economic decline for 13 years
Feb. 8, 2013 By John Seiler The stock markets supposedly have been bumping up against the records they scored in 2007, before the crash during the Great Recession. Except it’s all phony. The U.S. markets are denominated in dollars. But
Read MoreReal Culprits in CA Housing Crash
Jan. 11, 2013 By Joseph Perkins As the California economy continues slowly to recover from the collapse of its once-thriving housing sector, the banking industry is trying to close its books on the financial disaster. This week, Bank of America
Read MoreAnother phony study claims high top tax rates just great
Dec. 16, 2012 By John Seiler If I got paid $1,000 for every time I refuted a phony government study, I’d be as rich as that socialist billionaire, Warren Buffett. The latest phony study comes from the “non-partisan” — meaning
Read MoreDo Dem or Rep presidents most help the poor?
Dec. 3, 2012 By John Seiler Sometimes I wonder if people can think anymore. Today the L.A. Times ran an op-ed piece, “Why the poor favor Democrats.” Subheadline: “Data show unequivocally that minorities do better under Democratic administrations than under
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Americans exiting for jobs
Dec. 3, 2012 By John Seiler I was reading about how, in the late 1980s during the Reagan prosperity, there was a shortage of workers. The top federal income tax rate was 28 percent. In California, the top state rate
Read MoreHow to break up California
Nov. 24, 2012 By John Seiler California obviously is a preposterously large state. Its 38 million population is greater than the population of 209 of the 242 countries listed by Wikipedia. It’s greater than Algeria, Canada, Uganda, Iraq, Peru, Venezuela,
Read MoreCalifornia-bred supply-side economics is coming back
Oct. 23, 2012 By Chriss Street The Great Recession was primarily caused by the collapse in economic demand as 70 million baby boomers born between 1946 and 1964 moved out of their peak spending years in their mid-30s to mid-50s
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DiFi dodges debate over Emken economic plan
Oct. 9, 2012 By John Seiler Denying California voters an opportunity to see the two in action, Sen. Dianne Feinstein, D-Calif., refuses to debate her Republican opponent, Elizabeth Emken. This is what happens when one party takes over a state
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