Economy
Life After Clinton
I just listened to a replay of today’s “Meet the Press” on the radio, at least the roundtable. All talk was about the Democrat race: blacks have come far; Clintons have fallen farther. It struck me that the pundits–liberal Democrats all–seemed to have forgotten that another vote happens in November. Instead of deep analysis of [...]
Democrat Congress Bad for Economy
We are in for the worst economy since . . . the last time Democrats controlled Congress.
I compared three economic numbers from the January 1994, when Democrats lost control of Congress and January 2007, when they took Congress back. Then looked at what’s happened since. It isn’t pretty
January 1995
January 2007
January 2008
Unemployment
5.6
4.9
4.9
Prime
8.5
6.98
7.5
Inflation
2.8
2.85
6.8
You can’t blame anyone for [...]
Classes and Tides
Back in the 1980s, it was fashionable for the left to scoff at Reagan’s economic notion that a rising tide lifts all ships. Liberal economists and politicians sneeringly referred to “trickle-down” economics as a justification for the rich to keep the poor poor. Every responsible economist knew Reagan was right, but the left in [...]
Depression Just One Symptom of Liberalism
Democrats are more likely to be depressed than Republicans, while independents (also know as “stupid people“) fall somewhere in between.
In a recent WSJ-MSNBC poll, Democrats displayed pathological levels of depression:
Among Republicans, 52% now expect a recession; 76% of self-identified Democrats do. Independents — the swing voters who could tip the election — are also pessimistic, [...]
Economy of Swine
America, and the world, could be looking at the worst recession since the ’70s and early ’80s. (Coincidentally, the last recession began simultaneously with the end of an 8 year presidency. The one before that was pretty close, too.) I remember that era. Only the unions and the remnants of employer-worker loyalty saved my neighbors from [...]
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