Archive for the ‘Economy’ Category

Crazy Old Socialist Bernie Sanders Claims Social Security Fiscally Solvent – Only If You Believe in Fairies & Unicorns

Wednesday, May 4th, 2016

Bernie SandersLoony Liberal Lefty Bernie Sanders Delusion

SSA DeficitsSocial Security Deficit was $79.7 Billion in 2014
and Projected to be $337 Billion by 2032 –Heritage Foundation

Related: Sanders Misleads on Social Security -FactCheck.org

Hillarynomics: Forget About Good Paying Jobs, Putting Food on the Table, Clothing and Paying the Bills

Wednesday, May 4th, 2016

Hillary ClintonHillary Clinton — Fighting For Us???
Dignity and a Sense of Purpose Doesn’t Pay the Bills or Put Food on the Table

Flashback: Remember in 2014 When Hillary said that
Corporations & Businesses Don’t Create Jobs

Hillary Cheers Obama’s Legacy, Calls It Progress – Economy Anemic & Productivity Growth Slowing

Tuesday, May 3rd, 2016

Hillary Clinton ObamaHillary Clinton Cheers Obama’s Progress??? What Progress???

(Business Insider) From 2011-2015 the government’s official labor productivity measure shows only a 0.4% annual growth in output per hour of work. That is the lowest for a 5 yr span since 1977-1982 and far below the 2.3% average since the 1950s — Productivity has flattened and without fast rising productivity growth, one is not going to get fast rising living standards.

ProductivityThis Is Easily the Scariest Chart About the U.S. Economy.
What Going On? -James Pethokoukis/American Enterprise Institute

In related anemic economic news, on Friday, the Dept of Commerce reported home-ownership rates fell to the 3rd lowest on record while also reporting last week, the nation’s anemic economy is stalling, growing at a mere 0.5% annually, the slowest pace in two years.

On the 01 April, I wrote here that 93.4 Million Americans were out of the labor force in March and manufacturing jobs declined by 29,000 from a month earlier according to data released by the Dept of Labor Bureau of Labor Statistics.

Then & Now — How Times Have Changed

Sunday, May 1st, 2016

How Times Have ChangedObama’s Watch: How Times Have Changed
Image Courtesy: Robert Thomas Leahy

H/T: Kai Bun De’ng

Obama Legacy: Self Delusion & Exploding Federal Deficits

Saturday, April 30th, 2016

Obamanomics(NY Times) Despite Obama’s rosy economic perception and claims that the economy is in much better shape than the public appreciates, together with his delusional claims of falling budget deficits (by roughly three quarters) since he took office — numbers just don’t lie unlike someone else that I won’t mention.

US Debt ClockU.S. Debt Clock Today
In March 2009 according to Politico the Federal Budget Deficit Hit $10.9 Trillion
During Obama’s Watch the Federal Budget Deficit has Nearly Doubled

Flashback: Remember When Obama Claimed George Bush Was Irresponsible and Unpatriotic for Adding $4 Trillion to the Federal Budget Deficit?
What Does This Make Obama???

Related: Americans Have Gotten a Raise in 16 Years –NY Post

Homeownership Rate Falls to 3rd Lowest on Record – Hillary Clinton.com Cheers Obamanomics

Friday, April 29th, 2016

Hillary Clinton Cheers ObamanomicsHillary Clinton.com Cheers Obamanomics

(MarketWatch) The rate that Americans own their own homes fell in the first quarter to the third lowest on record and indication that worsening finances as well as changing preferences since the great recession are altering behavior.

Homeownership RatesThe U.S. Dept of Commerce reported that the homeownership rate fell to 63.6% in the first quarter marking the third lowest figure since the 63.5% low in the second quarter 2015 — the homeownership rate was 67.8% in the quarter when the U.S. entered recession.

On Thursday I wrote here that the U.S. Dept of Commerce GDP report shows the nation’s economy growing at just an anemic 0.5% the slowest pace in two years.

GDP Report Shows Economy Growing Slowest Pace in 2 Years — Hillary Cheers Obamanomics Calls It Progress

Thursday, April 28th, 2016

Hillary Obamanomics(Business Week) GDP Report Shows Economy Grew in 1st Qtr at Slowest Pace in 2 Yrs – Business Investment Weakest Since Great Recession — Hillary Clinton Cheers Obamanomics Calls it Progress.

GDPAccording to the U.S. Dept of Commerce GDP report shows the economy stalling, slowing to just 0.5% annual growth during the 1st quarter — the U.S. economy had grown at an anemic 1.4% – 2% – 3.9% and 0.6% in the previous four quarters.

Related: The Obama Record: Worst 5 Yrs Since WWII -Daily Caller 2014

The Real Reagan Economic Record: Responsible & Successful Fiscal Policy -Heritage Foundation

Bernie Sanders Rejection of Capitalism – Venezuela is Feeling the Bern, Murder Capitol of the World & Hyperinflation

Sunday, April 24th, 2016

Bernie SandersBernie Sanders Rejects Free Market Capitalism

Isn’t Socialism Just Lovely?

More here Venezuela is Feeling the Bern – Murder Capitol of the World & Hyperinflation

Related: Is Socialism Making a Comeback? Socialism -v- Free Market Capitalism -National Review

Play This New Video Game & Land a Job

Wednesday, April 13th, 2016

Play This Game Win a JobEmployers Use Mobile Games to Recruit New Employees

(MarketWatch) Last Fall Barclays, the British multinational banking and financial services company began testing a new tool for attracting potential young job applicants — a mobile video game.

More than 4500 mostly college seniors have played the Barclay’s version of Stockfuse a free-stock trading game that uses real time Market data–about 8% have applied for positions at the international bank and so far, 17 have landed a job.

Such apps aim to shed light how a potential candidate may perform in a job based on how they perform a game. With Stockfuse  for example, what securities a player invests in and the returns achieved typically provide plenty of data for consideration. Games from other developers range from solving mazes to managing a sushi restaurant.

Depending on the game app, developers build a detailed analysis of a players abilities and share them an interested employer. An evaluation may tag a person as a potential leader for demonstrating tenacity or dismiss another persons ability for making ‘snap decisions’ and showing poor judgment.

Some games take just a few minutes while others can go on indefinitely, with players resuming wherever they left off each time they log in.

Play Your Own Game

More here ‘Play This Game and Win a Job’  -Wall Street Journal

23 More Days Until California Tax Freedom Day – Keep Electing Democrats

Thursday, April 7th, 2016

Tax Freedom Day 2016(Tax Foundation) California Tax Freedom Day Arrives on the 30th April
(4th Latest Nationally) to Pay Ones Total Tax Bill This Year

How Has Tax Freedom Day Changed Over Time?

  • In 1900 Americans paid only 5.9% of their income in taxes, that year Tax Freedom Day arrived on the 22nd January — a century later Americans were paying 33% of their income in taxes.

What Taxes We Pay?

What We Pay

Related: Minimum Wage Hike to $15 Hr Will Cost California Taxpayers $3.6 Billion a Yr -Biz Journals