NYT Headline: World to end tomorrow, women and minorities hardest hit. Gentle Readers, Dr. J. would like to expound upon ‘Puter’s ‘Putertastic ‘Polemic posted earlier today. Hey, even if it isn’t as good as your last job, it’s good enough! … Continue reading →
This landed smack dab in the middle of Dr. J.’s Facebook feed this morning from none other than Dr. Benjamin Carson: It is going to be increasingly difficult to attract outstanding students to pursuing careers in the medical field. This … Continue reading →
It wasn’t long before Dr. J. received a missive from none other than Operative RBK who returned from the other side of the mirror where he was on R&R from all things operative. He writes in regarding Dr. J.’s recent anti-Krugman … Continue reading →
Mrs. Dr. J. if our finances were like DC. Anything that involves dealing with the Federal Government sadly involves deceit on the front end or the back end or somewhere in the middle. Let’s start with science. Back in the … Continue reading →
Get thee to Vermont! …but your wife or domestic life partner can’t. In two separate news articles, employees of the University of Virginia and the United Parcel Service hear the ‘other shoe dropping’ as their 2014 benefits have been announced. … Continue reading →
Gentle Readers, Our friends from the Washington Times added this bon mot… Since January 2009 the country has added a net total of 270,000 full-time jobs, but it has added 1.9 million part-time jobs, according to the House Ways and … Continue reading →
Sen. Elizabeth Warren (D-MA)learned all she needed to know abouteconomic theory selling tax-free boozeand cigarettes on The Rez.Sen. Warren also claims to have watchedaghast as Gen. Whitside slaughtered herpeople at Wounded Knee Creek in 1890. Yeah, yeah, yeah. It’s your … Continue reading →
‘Puter participates in “Toss a Mental Dwarfinto the Manticore Enclosure” Night downat the Leaping Peacock. Pictured, ‘Puter preparing to huck E.J. Dionne. Off camera,Czar wiping the schmaltz off his hands aftersimilarly treating Katrina vanden Heuvel. With apologies to a handful … Continue reading →
With nerd-glasses like those, how could he not fix the defect? Pierre ‘Pete’ DuPont IV, Dr. J.’s favorite 1988 presidential hopeful (sorry Poppy), reminds us why a simpler tax code is a better tax code in his WSJ column today: The … Continue reading →
Minion ScottO writes: Dear Good Lord Doctor, While your screenshot shows Friday’s date on your Sequester Fairy post, my magical iDevice indicates a different phenomenon: As you can see, it appeared on my device on Friday–at the equally magical time … Continue reading →
President Obama is blaming the Republicans for the sequester despite the fact that he’s campaigned while Rome burns, acting like an outsider running against Washington rather than being its chief executive officer when frankly it was all his idea in … Continue reading →
It’s easy in these trying times to become despondent or callously cynical about the direction that the country is heading. And it is at those times that I find items like the following buoy me and reinvigorate me. GorT attended … Continue reading →
After getting the Earth around the Sun thing wrong, the Vatican’s science advisors have raised their game and could run LAPS around Obama’s science advisors. Dr. J. got into an email row with one of his childhood chum, Diogenes, who … Continue reading →
Let’s review a bit of history. Does anyone in the media recall what gave rise to the fiscal cliff? Anyone? Anyone at all? Apparently not. To be fair, ‘Puter shouldn’t judge the Washington press corps for its faulty recollection of … Continue reading →
In order to ensure our security and continuing stability, the Republic will be reorganized into the first Galactic Empire, for a safe and secure society which I assure you will last for ten thousand years… Obamacare rears its ugly head in the headlines this week. Papa John’s, along with … Continue reading →
Alert and poised-for-instant-Kung Fu-action operative MS writes in: Your most illustrious majesty: I watched only the first 10 minutes or so of last night’s debate before I was able to discern its rough course: Dear Leader: “This nation/me (priority frequently … Continue reading →
The #ninjamom tweeted this morning: spl @GG84Mom Office mate makes under $50,000/year–doesn’t care about any argument that has $250,000/yr in it. What say you to her? Dear Ninjamom: In other words, if Obamacare isn’t a sufficient train-wreck by lowering the cap … Continue reading →
Actual flyer as seen in the White House break room, detailingPresident Obama’s double secret plan to balance the budget:assume all Americans are as bad at math as he is. ‘Puter was making his daily round of blogs he enjoys. Over … Continue reading →
Last week Mitt Romney released his energy plan should he be elected to office in November. It consists deregulating the heavily regulated petroleum and nuclear industries and opening publicly owned sites to facilitate the tapping into American and North American … Continue reading →
Typically Dr. J. gives his gentle readers one required reading assignment in a post, but serendipitously there were two articles today worth reading regarding everybody’s favorite campaign issue, Obamacare, also known as the albatross around the neck of the economy. … Continue reading →
About the only thing worse for the democrats than Paul Ryan being chosen as the VP pick would have been if he were chosen as the Presidential nominee. They are running around trying desperately to make this “scary Paul Ryan … Continue reading →
Over the next couple of months (and beyond that, if we’re lucky), we will be hearing a lot about the Paul Ryan plan. Formally known as the Path to Prosperity, the plan is intended to correct the certain-death spending of … Continue reading →
Mitt Romney, under fire to be a little more specific about his vision for America’s future, delivered a speech in Irwin, Pennsylvania, today in which he spelled out five specific things he will do to turn the country around as … Continue reading →
A common occurrence in a typical liberal versus conservative debate is one where the liberal bemoans that the conservative didn’t lambast a republican (and therefore assumed to be conservative – although that’s not always true) official over an issue over … Continue reading →
Paul Krugman clearly appears over the deep end. What should be done about the economy? Republicans claim to have the answer: slash spending and cut taxes. What they hope voters won’t notice is that that’s precisely the policy we’ve been … Continue reading →
Dr. J. stumbled on this over at the Esquire Blog. How he got there, he’s not sure. Perhaps a twitter link. Nevertheless, someone named Charles P. Pierce, who is clearly a Democrat partisan, is demonstrating his ignorance of both politics … Continue reading →
“You and the Naboo form a symbiont circle. What happens to one of you will affect the other. You must understand this.” – Obi-Wan Kenobi, Star Wars I: The Phantom Menace On Monday, Dr. J. was riding shotgun with Pa … Continue reading →
…there is also more real inflation. Dr. J.’s felt it in his wallet, but he’s thought himself paranoid, more than anything else. But his grocery bills, price at the pump (21 gallons of regular for his Star Destroyer, and 12 … Continue reading →
A failing or flailing economy is a powerful thing for a candidate to use against an incumbent opponent. Remember, “It’s the Economy, Stupid” ? Or jump back just a few years and look at the “Hope and Change” campaign and … Continue reading →
From realpolitics.com “On Tuesday at the State of the Union, I laid out my vision for how we move forward,” President Obama said at a campaign event in Las Vegas, Nevada. “I laid out a blueprint for an economy that’s … Continue reading →
Hey, a couple of weeks ago, did you see this poll going around that shows how much Americans hate the rich? Huffington Post writes “Most Americans Think Income Inequality Is A Big Problem,” according to a poll conducted by The … Continue reading →
While watching the side-splittingly funny adventures of Mitt & Newt, now a series on the Disney Channel (featuring those obnoxious 42 year old “teenaged” twins from Zack and Cody: Obnoxious in Any Setting, or whatever crappy iteration of the tired … Continue reading →
Here’s our politicians’ dirty little secret. Washington knows what’s wrong with the economy, and they know how to fix it. “Great! Then why won’t Washington fix it, ‘Puter?,” you reply. It’s a good question, with a simply answer: the fix … Continue reading →
You may recall Dr. J. demonstrating enthusiasm for Whole Foods CEO, John Mackey’s healthcare plan in the Wall Street Journal. You know, the one that got the Obama Administration in a snit and created great confusion among the liberal elite … Continue reading →
There was much in the conservative blogosphere yesterday regarding Herman Cain’s (Dr. J. keeps wanting to type Herman McCain for some bizarre reason) 9-9-9 plan. J Edmo of @jedmo fame on twitter linked to Dr. J.’s mancrush, Art Laffer regarding … Continue reading →
No better place to see the shackles of regulation and the failures of Keynesian stimulus than the great state of New York. The Tappan Zee bridge spans the Hudson river connecting Rockland and Westchester counties. Indeed, Dr. J. was married … Continue reading →
Dr. J. mentioned yesterday that Keynesian economics doesn’t work. Today, Ezra Klein (of Journolist fame) in his blog, he posts a damning graph to this effect. As you can see, the stimulus did not work. Mr. Klein trys to explain … Continue reading →
With the 10th anniversary of the War in Afghanistan upon us, you have already started to see a lot of media hand-wringing introspection on whether the war was worth it, whether we should remain in Afghanistan, and what the historical … Continue reading →
Continuing with the Democrats as redistributionist Marxists meme…Dr. J. is disappointed that the general public, unlike our friend and reader FJR, is not viscerally appalled by the degree to which our friends in power on the left have been musing … Continue reading →
A president’s foreign policy is typically referred to as their doctrine, especially if it redefines national priorities in foreign policy. The Monroe Doctrine, for example, basically European powers were not to interfere or further colonize the Americas, and America will … Continue reading →
Ted Cruz nails it in NRO. Required reading for all minions…(this means you Ninja Babe!) Dr. J.
Continue reading →Often times when one thinks they see a UFO, it turns out to be a weather balloon. Today we are seeing the first glimpses of a ‘jobs plan‘ by President Obama, but Dr. J. is concerned that all it is … Continue reading →
As has been documented, ad nauseum, in the news today, there were no new jobs added to the rolls in August, the first time since 1945. In addition the June and July numbers were downgraded by 59,000. He had no … Continue reading →
I’ve argued long and hard that the debate over the debt ceiling specifically is meaningless. The real issue that faces us as a country is our spending. Government spending is at the root of this issue. For generations, the nation … Continue reading →
Dr. J warned the Republicans that President Obama wouldn’t play fair. Today alone, ‘Turbotax’ Tim Geithner advocated that an agreement occur now so that it can ‘get done’ by August 2nd. In his speech to Women in Finance Investment he … Continue reading →
Un film de Econ Stories. Someone needs to tell my boy Fred to keep his finger off the trigger. Confucius, Œc. Vol.Don’t ask impertinent questions like that jackass Adept Lu. 3.14.242.153
Continue reading →The Czar walked into the second floor men’s room at the Castle this morning and found ‘Puter sitting on the cold tile floor, in his underwear, staring at the floor drain while clutching a roll of Brawny paper towels in … Continue reading →
In Dr. J’s previous rant, he waxed poetically with regard to President Reagan’s foreign policy, probably because as a youth Dr. J was more concerned about living under the Red Flag than the havoc wreaked on our economy President Carter … Continue reading →
Dread and Awful Czar, Remember when you talked about Quantitative Easing? Well, the chickens have come home to roost. It appears that our friends in OPEC will not be lowering the price of oil just because we are not happy … Continue reading →
BG provides a status update for a task that the Czar does not remember assigning, but then asks some questions on currency: Great and Terrible Gormogons— As you commanded, I have begun dumping sugar into the gas tanks of the … Continue reading →
Brilliant post, Dread and Awful Czar! Naturally. But there is more: I do have an observation. Uh oh. I worry that the Obama White House has begun reading the Gormogons. The Quantitative Easing began as the Republicans have won the … Continue reading →
Usually when you hear a Latinate + Anglo-French compound noun, you can bet you are hearing a governmental euphemism: like collateral damage, affirmative action, or state capitalism. You can bet the guideline also applies to quantitative easing. All right, what … Continue reading →
Just a wonderfully brutal take down of some sleight-of-hand with charts. Confucius, Œc. Vol.Don’t ask impertinent questions like that jackass Adept Lu. 3.14.242.153
Continue reading →Harry Reid and Nancy Pelosi explain the math behind Progressive economics to a skeptical Republican senator. The Czar of MuscovyБожію Поспѣшествующею Милостію Мы, Дима Грозный Императоръ и Самодержецъ Всероссiйскiй, цѣсарь Московскiй. The Czar was born in the steppes of Russia … Continue reading →
On the heels of O’Donnell’s primary win in Delaware, DNC Chairman Tim Kaine said, “Today the Republican Party has shown just how far right it has moved. While Americans in Delaware and across the country are eager for both parties … Continue reading →
That’s the sound as we march towards one of the biggest tax hikes in history under a President who said: “I will eliminate capital gains taxes for the small businesses that create the high-wage, high-tech jobs of tomorrow. I will … Continue reading →
Well, DT, the GOP will likely find itself in the same position it did during and after the Reagan recovery—the media-academic complex will rabidly attempt to deny them credit, but most people who lived through it won’t forget, and they’ll … Continue reading →
Herewith the latest dispatch from Dr. J. from the depths of New Atlantis, also bringing some love for Art Laffer. After the standard groveling, trembling prolegomena, which we omit as all of you should have the standard Gormogons stylebook at … Continue reading →
New York and London have long competed to be the global capital of global capital. With plenty of business to go around, the competition has usually been friendly; now, as the West’s financial industry shrinks, it could become fierce. London … Continue reading →
A colleague recently pointed to a WSJ (subscription needed) interview with Liberty Media’s John Malone. Mr. Malone is normally a reluctant interviewee, but he came out of his shell with some choice nuggets. To summarize, Mr. Malone thinks this country … Continue reading →
But we aren’t dogmatists: Americans are debating whether to substantially expand the size of their government. As Swedish economists who live in the developed world’s largest welfare state, we urge our friends in the New World to look carefully before … Continue reading →
Two overarching reasons explain the failure of Obamanomics. First, administration economists and their outside supporters neglected the longer-term costs and consequences of their actions. Second, the administration and Congress have through their deeds and words heightened uncertainty about the economic … Continue reading →
Whether you have personally experienced it or not, everyone pretty much gets the brother-in-law who keeps borrowing money with no intention of repaying it. Each time, though, there is a mighty excuse for why the last time did not work, … Continue reading →
In his weekly radio address, POTUS Obama reminded everyone that injury happens fast to a body, but healing takes a while. The Czar agrees with his reminder that the economy is not going to be fixed overnight. Frankly, the Czar … Continue reading →
By a quasi-expert, even! Jerry Bowyer, here, states that regulatory uncertainty is preventing economic recovery. In his article, government action is stalling job growth. Where have we heard this before? Why, right here, where ‘Puter correctly states that regulatory uncertainty … Continue reading →
Probably no one noticed it except the Czar, but CNN has a nice summary of everything that’s wrong with the Obama administration. The story discusses how the GOP is starting to turn the flame up on the Obama economic recovery … Continue reading →
Credit the Obama Administration with consistency if nothing else. When there is a choice between government control and the free market, the Obama Administration will pick government control every time. We’ve seen it in Government Motors, The Amazing Technicolor Stimulus … Continue reading →
‘Puter disagrees partially with Megan McArdle’s (‘Puter’s pretend girlfriend) otherwise excellent take on the importance of the rule of law, stated here. ‘Puter thinks that there should be more punishment involved in bankruptcy for both debtors and creditors, particularly on … Continue reading →
Maybe invest with these guys (article via FotG, Dancin’ David Frum), who claim that in the 11,000 or so trading days since 1965, the market has risen fifty times higher on days when Congress is not in session. While that’s … Continue reading →
‘Puter’s not particularly smart. Or handsome, either, for that matter. But it seems to ‘Puter, sitting smack in the middle of this financial crisis, that America hasn’t given capitalism a chance to work yet. Capitalism assumes that there will be … Continue reading →
Says the Telegraph—jaw-droppingly. Read every paragraph: Sources close to the White House say Mr Obama and his staff have been “overwhelmed” by the economic meltdown and have voiced concerns that the new president is not getting enough rest. British officials, … Continue reading →
So everyone (on the right, at least) keeps noting that Obama’s “stimulus” package is nothing like an actual stimulus package and won’t help the economy. It’s just the an enormous spending and social-engineering package, the agglomeration of Democrat wish-lists of … Continue reading →
We’re going to need one to pull ourselves up this slippery slope we’re on. Word came out yesterday that the US Automakers need another $16-20 Billion in bailouts to survive and even then, their plans are sketchy. Banks are clamoring … Continue reading →
I kind of like him! “Interference of the State, the belief in the omnipotence of the State: that is a reaction to market failures,” Mr Putin said in his keynote address at the opening of the four-day meeting. “There is … Continue reading →
Notwithstanding reports that all economists are now Keynesians and that we all support a big increase in the burden of government, we the undersigned do not believe that more government spending is a way to improve economic performance. More government … Continue reading →
Stuart Koehl & Martin Feldstein. Sorry for the light posting. Your Volgi is beat and running around like a madman due to various family obligations. But you need to read these items. Confucius, Œc. Vol.Don’t ask impertinent questions like that … Continue reading →
E. J. McMahon is the Manhattan Institute’s senior fellow for tax and budgetary studies and director of the Empire Center for New York State Policy. In this article in The City Journal, Mr. McMahon lays out the case against New … Continue reading →
I’m not a big fan of political spin by any party. This financial crisis that we’re facing is not Obama’s fault. And while maybe he could have been more vocal in his prior warnings and efforts to rein it in, … Continue reading →
…of the regulatory mess that created the mortgage meltdown. It gets a little partisan and histrionic (though not wrong, I’d wager) at the end, but it’s worth watching all the way through. UPDATE: And for a more precise explanation of … Continue reading →
The roots of the crisis in four easy steps. Confucius, Œc. Vol.Don’t ask impertinent questions like that jackass Adept Lu. 3.14.242.153
Continue reading →Instead of furthering the inevitable liquidation of the maladjustments brought about by the boom during the last three years, all conceivable means have been used to prevent that readjustment from taking place; and one of these means, which has been … Continue reading →
Just not in the way the frothing lefties allege. In 1936, anti-Fascist historian Gaetano Salvemini wrote in his Under the Axe of Fascism that Mussolini’s regime subjected the tax-paying citizen to corporations because, “the State pays for the blunders of … Continue reading →
I can’t remember who wrote it, but some smart guy once said, “‘Capitalism’ is simply a pejorative term for ‘economic reality.’” James Bowman has a nice screed on the topic here. The Volgi is nowhere near qualified to weigh on … Continue reading →
Dear God, what a mess. This is what we get for overburdening the Fed. The Fed has zero business worrying about the economy. The Fed should only worry about the stability of the currency, but it’s charter gives it dual—and … Continue reading →
Maybe, according to this rumor. Confucius, Œc. Vol.Don’t ask impertinent questions like that jackass Adept Lu. 3.14.242.153
Continue reading →…bad, bad, bad. Confucius, Œc. Vol.Don’t ask impertinent questions like that jackass Adept Lu. 3.14.242.153
Continue reading →Let’s hope that the Thirties aren’t coming back in this respect. Confucius, Œc. Vol.Don’t ask impertinent questions like that jackass Adept Lu. 3.14.242.153
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