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Category Archives: Econ 101
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
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
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
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
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
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.
Yo Bama. Do you understand?
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
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