Category Archives: Economy

California: Going Full Retard

In the movie Tropic Thunder, Robert Downey Jr.’s character is discussing method acting and a recent role of Ben Stiller’s character when he suggests: Check it out. Dustin Hoffman, Rainman, look retarded, act retarded, not retarded. Count toothpicks to your … Continue reading

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Postal Service: Poster Child For Obamacare

Zero Hedge reports on the latest news from the United States Postal Service: The epic collapse of one of the most bloated government institutions continues at a ridiculous pace. From Bloomberg: U.S. POSTAL SERVICE LOST $5.2 BILLION IN THIRD QUARTER … Continue reading

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Amtrak and the Normalcy of Debt

If you’ve never heard of a P&L, or had to make payroll, or you’ve worked for government all your life, Amtrak’s loss on food service, as reported by the Washington Examiner, won’t seem like that big of a deal: Taxpayers … Continue reading

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Unintended Consequences: When Food Becomes Fuel

Unintended, but not unforeseen. From the New York Times, no less (emphasis mine): IT is not often that a stroke of a pen can quickly undo the ravages of nature, but federal regulators now have an opportunity to do just … Continue reading

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Vilify Success And Wealth: What Could Go Wrong?

The Progressives class warfare continues to send ripples across our economy. From CNBC: [The rich] are also worried about the U.S. economy, the fiscal cliff, government debt and the prospects for their own companies. “The drops in millionaire confidence are … Continue reading

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But… Obama Says Trickle Down Economics Never Worked

ThinkProgress has the Obama quote on Trickle down economics: And that theory fits well on a bumper sticker. Here’s the problem: It doesn’t work. It has never worked. It didn’t work when it was tried in the decade before the … Continue reading

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California Doom: A Perfect Storm Of Fail

The hostile business climate in California continues to force business out of the state. From the Daily Caller: “Part of [moving operations to Texas] was the cost of doing business in California,” Ronald Mittelstaedt, CEO of Waste Connections, told CBS … Continue reading

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