Archive for the ‘Economy’ Category

If Not For Gov Jerry Brown’s Man-Made Drought

Wednesday, January 29th, 2014

Jerry Brown's DroughtCalifornia’s Man-Made Drought Moderate to Exceptional –NOAA@Twitter

(CBS San Francisco) As California Gov Jerry Brown’s man-made drought continues, farmers in the San Joaquin Valley fear federal officials may seize water in the San Luis Reservoir intended for their crops.

In 2009 the Wall Street Journal reported thanks to EPA regulations designed to protect the likes of the 3″ long delta smelt, one of America’s premier agricultural regions is suffering from a drought made worse by federal regulations.

California’s persistent drought crisis while made worse in 2009 in large measure may be attributed to Atty General Jerry Brown disastrous environmental law suits to save the mountain yellow legged frog to increasing regulations and prohibitive costs on big construction projects that have over the years, created wealth, prosperity, and opportunities, making peoples lives better.

If not for California’s wacky environmentalist policies and want for more regulations, the state may have instead invested for the future, constructing life-saving desalination plants such as Israel’s Sorek Desalination Plant which provides 26,000 cubic meters or 7 million gallons of clean potable water every hour, to over 1.5 million people.

Similar desalination projects along the California coast line, would forever prevent future man-made water crisis’s.

Res Ipsa Loquitur

Tuesday, January 28th, 2014

Res Ispa LoquiturRes Ipsa Loquitur –Image Courtesy: Tim Donnelly for Governor

Related: Gov Brown Won’t Acknowledge State’s Very High Poverty Rate

Team Obama/OFA California Goofiest Ad of the Day

Monday, January 27th, 2014

OFA State of the UnionHurry & RSVP ‘Organizing for Action’ Advertising ‘State of the Union’ Party –Image: OFA California@Twitter

In the alternative, Greg Gutfeld’s ‘Drinking Game for the SOTU’  may be a whole lot more enjoyable.

Obamanomics: Wal-Mart Cuts 2,300 Jobs at Sam’s Club

Saturday, January 25th, 2014

Reaganomics -v- ObamanopmicsReaganomics -v- Obamanomics Image: Cheri Kentucky@Twitter

(Reuters) Walmart announced on Friday that it had cut 2,300 jobs which include hourly workers and assistant managers at ‘Sam’s Club’ retail warehouse, its biggest round of layoff’s since 2010

On the 10 January, I wrote here that only 74,000 jobs were created in December as U.S. job growth skids to its lowest level since 2011

Related: After 5 Yrs Obamanomics Record 100M Americans Not Working

Yup Gov Brown, California is Back With an Unemployment Rate Higher Than 45 Other States

Thursday, January 23rd, 2014

California UnemploymentCalifornia Unemployment and How It Compares to 49 Other States
Soquel Creekside Chat

Related: Jerry Brown’s California: A State in Denial –Breitbart

Obama Administration Grades Its Housing Recovery With a Solid B+

Thursday, January 23rd, 2014

Foreclosure

(Market Watch) While the Obama Administration grades its housing recovery with a solid B+ foreclosures reached a 3 year high in 2013

States with the highest foreclosure rates in the country in 2013 according to RealtyTrac include:

  • Florida with 3.01% of all housing units with a foreclosure filing;
  • Nevada with 2.16%
  • Illinois 1.89%
  • Maryland 1.57%
  • Ohio 1.53%

Total foreclosure activity in 2013 increased in 10 states compared to 2012  including:

  • Maryland (Up 117%)
  • New Jersey (Up 44%)
  • New York (Up 34%)
  • Connecticut (Up 20%)
  • Washington and Pennsylvania (Up 13%)

California -v- Rest of the Country: 1st in Total Debt and 1st in Unfunded Pensions

Tuesday, January 21st, 2014

California Worst in Total Debt

(Washington Examiner) State of California is piling up debt almost as fast as the federal government–Big states dominate the top 10 list with California being in the worst shape at $778 Billion in total debt.

ObamaCare makes matters even worse as ‘Covered California’ projects it will lose $78 Million beginning next year.

On the 14 May, 2012 I wrote here that California’s out of control economic crisis is a result of overly burdensome regulations, ever increasing taxes and out of control spending–the present economic catastrophe unfortunately was all too predictable  and the only solution remains is a robust ‘supply side economic plan’ that will create incentives for real economic opportunity and expansion, resulting in an increasing tax base and new revenue streams.

Obama’s Watch: Americans Economic Confidence Ticks Down

Tuesday, January 21st, 2014

Economic ConfidenceAmericans Economic Confidence Slides, Likely Due to the Govt Reporting Last Week the Weakest Job Growth in 3 Years

Related: Actual Unemployment is 37.2% Misery Index Worst in 40 Years

Obama’s Watch: Govt & Economy Cited as Top U.S. Problem, More Americans Say Their Worse Off Since Obama Took Office

Wednesday, January 15th, 2014

GallupThings Don’t Look Good for Big Govt Democrats Going Into 2014 Congressional Midterms. Govt Cited as Top U.S. Problem

Economy42% of Americans Say They Are Worse Off Since Obama Took Office

U.S. Falls Out of the Top 10 Most Economically Free Countries in the World

Tuesday, January 14th, 2014

Index of Economic Freedom

(WSJ) China, Honk Kong ranks (No 1) the United States falls to (No 12) in the ‘2014 Index of Economic Freedom’ released today by the Heritage Foundation/The Foundry which points out, the U.S. has declined six places since Obama took office nearly 5 years ago.

Economic Freedom

On the 12 January, 2012 Open Market.org reported that the steady decline of the United States economic freedom could easily be attributed to the implementation of ObamaCare, together with its burdensome over regulations and costs.