Blog Archives

IRS Warns of Possible Shutdown

tax forms

The IRS is considering its own temporary shutdown due to recent budget cuts enacted by Congress, its chief said Thursday. IRS Commissioner John Koskinen said furloughs — forced unpaid days off for employees as part of an IRS closure —

Posted in Economics, Government, Taxes

Why Are We Witnessing The Worst Week For Global Financial Markets In 3 Years?

stock market crash

Is this the start of the next major financial crisis? The nightmarish collapse of the price of oil is creating panic in financial markets all over the planet. On June 16th, U.S. oil was trading at a price of $107.52.

Posted in Economics, Government, History

Recovery?: Number Living Paycheck to Paycheck Up 33% From 2012

recession recovery

Anytime anyone brings up our economic malaise, liberals like to chime in to talk about how great the economy is under Obama. They talk about how rich they are, how great their portfolios are, how great the stock market is

Posted in Economics, unemployment

Liberal University Won’t Pay Higher Minimum Wage Imposed by Liberals

uc berkley

Remember all those calls by liberals for higher minimum wages for American workers? Well, it appears that the University of California at Berkeley, the beacon of liberalism, has decided to ignore a local ordinance that raised the minimum wage. The

Posted in Economics, Education, Liberal Hypocrisy

Labor Force Participation at 36-Year Low

unemployment

The labor force participation rate remained at a 36-year low of 62.8 percent in November, according to the Bureau of Labor Statistics. The participation rate, which is the percentage of the civilian noninstitutional population who participated in the labor force

Posted in Economics, unemployment

Real World Economy Versus The Minimum Wage

minimum wage2

Once again, liberals have demonstrated that they just don’t get how the economy works. They are so utterly ignorant. When purchasing an item, do you ever comparison shop? Of course. Most everyone has or does. And you want to get

Posted in Economics, World News

White House Won’t Tell Us How Much Obama’s Amnesty Will Cost

white house spokesman

In another disturbing twist, the White House seems extremely reticent to tell the American people how much President Obama’s amnesty is going to cost us. Not that any of us should be surprised. I mean – when has the Obama

Posted in Constitution, Economics, Immigration, Taxpayer Waste

It Will Take 6.25 BILLION 'Man Years' To Pay Off Federal Government Liabilities: 'A Mathematical Impossibility'

debt1

We often hear government officials and mainstream financial pundits throwing around numbers like a billion or trillion. To most Americans these numbers are indiscernible. They are so incredibly enormous that we can’t even imagine what one billion dollars actually looks

Posted in Economics

How Obama's Unemployment Numbers are Meaningless

unemployment graph

You’re going to hear a lot of cheerleading this weekend about the unemployment number dropping to the lowest since 2008. Sorry to be a wet-blanket (for your information, my daughter tells me people read my writing to get depressed), but

Posted in Economics, unemployment

Ben Carson Fears Widespread Chaos That Could Postpone 2016 Election

ben carson

Dr. Ben Carson said that the number of crises that America is now facing could result in the country not holding elections in 2016. The retired neurosurgeon and likely 2016 Republican presidential contender said that he hopes the election will

Posted in 2016 Election, Economics, National Security, Politics

Why is the Middle Class Evaporating?

middle class

If you listen to leftists and big-government stooges, the middle class is evaporating because of low minimum wage, greedy corporations, and tax-breaks for the rich. Which would indicate that, in order to grow the middle class, the civil government needs

Posted in Economics

Obama's Budget Chief: Denying Climate Change ‘Makes You a Member of the Flat Earth Society’

Donovan

Shawn Donovan, director of the Office of Management and Budget, said on Friday that if you don’t believe in climate change and support federal spending to fight it, you believe the earth is flat. “The failure to invest in climate

Posted in Economics, Environment, History, Science