Category Archives: Econ 101

You keep using that word. I do not think it means what you think it means.

The economy is FINE/Healthy/Growing  ETC.           And how about for 2016 to date?           Yup. That looks like a nice growing economy. Data here. I don’t even want to look at my … Continue reading

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California is #1.

On the list of “Worst Run States in America“. 50. California > Debt per capita: $3,990 (20th-highest) > Budget deficit: 27.8% (3rd-largest) > Unemployment: 10.5% (2nd-highest) > Median household income: $58,328 (11th-highest) > Pct. below poverty line: 17.0% (18th-highest) For … Continue reading

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Dear Mr. President. The skunk at your Picnic is not Fox News.

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But Obama already saved Detroit!

General Motors Executive Warns of Impending Auto Bubble Using subprime loans and easy credit to move cars off the lot may not be GM Canada’s goal, but its parent company, bailed-out, Detroit-based General Motors, has been moving in that direction, … Continue reading

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Yes, that “Summer of the Recovery” has just been ripping along.

In the summer of 2010 “Sheriff” Joe Biden was touting the “Summer of the Recover”.  Yes siree Bob, now the the Y’all have put the me and the Lightbringer in charge, this country is going to come storming back. Storming … Continue reading

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Liar, liar pants on fire.

I will NOT raise taxes. Period.   Obama pledges to Never Raise taxes on anyone making less then $250,000 a year.   You Don’t Raise Taxes in a Bad Economy. Now (as of January 3rd 2013) Workers making $30,000 will … Continue reading

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What do the following states have in common?

Hawaii, California, New Mexico, Illinois, Mississippi, Alabama, Kentucky, Ohio, South Carolina, New York and Maine. They all have more people on welfare then they have working.

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The Debt Limit – A guide to American Federal Debt Made Easy

Yo Bama.  Do you understand?

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You get what you vote for.

I’d feel sorry for them, if I did not have a hunch that most of them voted for Obama. Folks freak at size of tax hikes if fiscal cliff isn’t averted in the coming days What did they expect?  Morons. … Continue reading

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Well there is your problem.

Baseline Budgeting. Baseline budgeting is an accounting method the United States Federal Government uses to develop a budget for future years. Baseline budgeting uses current spending levels as the “baseline” for establishing future funding requirements and assumes future budgets will … Continue reading

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