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Showing posts with label Wreckonomics. Show all posts
Showing posts with label Wreckonomics. Show all posts

Friday, March 26, 2010

Picking a career is….

.....is so much easier today.

I tell kids that life is now much easier since President Obama took office. Before he became president, kids would have to decide which industry in which they should build a career. Those industries included:

  • Auto
  • Banking
  • Construction
  • Health care
  • Insurance
  • Medicine
  • Real estate
  • Wall Street

Now that Obama and the Dems have pointed out that these industries are evil and for-profit, kids can more easily pick a career choice from one of these areas:

  • Government job

This makes life so much simpler so thank you President Obama. Don't you agree?

Monday, February 15, 2010

Obama's Fall ......

...in popularity is truly incredible. And now, we learn that more and more Dem Congress critters are deciding to retire. For this, Obama should blame his own arrogance and inexperience. It caused the rapid descent of the Hope & Change president in just 13 months.

The American people are fair- they would have acepted slow, steady progress after the Great Recession. But no, Obama was so stubborn and arrogant, he decided he had to re-model the house while it was on fire!

Thursday, January 21, 2010

Did 21 Million People Leave the Work force ....

......or did the Associated Press simply make an error in its report this week. That report claimed the folllowing figure for the unemployment rate and the number of unemployed. I calculated the total work force using the AP numbers:

  • In January 2009, unemployment rate was 7.7% and there were 13, 000,000 unemployed. That equates to a total workforce pool of 168 million [13 million / 7.7% x 100% = 168 million].
  • In December 2009, the unemployment rate was 10.0% and there were 14,700,000 unemployed. That equates to a total workforce of 147 million [14.7 million / 10% x 100% = 147 million].
  • Note the difference in total workforce is 168 million vs. 147 million. Did we lose 21 million people? Or did the AP simply mis-report the numbers?

Here is the link to the AP story. http://seattletimes.nwsource.com/html/nationworld/2010808897_apusobamasyearbythenumbers.html

Tuesday, December 15, 2009

Liberal Brains.....

.......must work very differently than my brain.

A liberal I know said "after they lower the cost of healthcare, I hope they get to work to lower the cost of college next"!

The speaker is a very nice person but is obviously clueless as to how the world and economics works. She might as well have asked that "they lower the cost of Springsteen concert tickets". As if they could.

Wednesday, December 02, 2009

How Long Before.......

......we see lawsuits against the Global Warming zealots who have, at a minimum, exagerrated the threat of global warming? Their dire forecasts led nations to enact stringent & costly energy rules and regulations. A skilled litigator can argue these onerous rules and regulations caused some businesses to decline as well as the states and towns where the impacted businesses were located.

It is not a stretch to imagine a bankrupt state like Michigan suing Al Gore and others for ruining that state's economy due to faulty [malicious psuedo-science?] theories.

Jeez, I have convinced myself this argument is a winning one! I wish I were a hungry lawyer. Heh.

Funniest Thing I Read.......

.......in quite a while. I LOL when I read the last line below [in red]. This is a quote from a Wall Street Journal article about how the Federal Communications Commission may intervene to prop up newspapers via taxpayer subsidies! WSJ story quote starts here:

"While cautioning that changes in the news business must be much better understood before any policy changes are made, Mr. Leibowitz [FCC Commissioner]said: "We should be able to take action if necessary to preserve the news that is vital to democracy." Mr. Leibowitz's wife, Ruth Marcus, is a columnist for the Washington Post, a fact he disclosed during the meeting."

Is that hilarious or what? The guy will be using my money [taxpayer] to help save his far-left liberal wife's job!

Monday, November 09, 2009

The FBI's Top Ten Most Wanted List...........

.............as revised yesterday by President Obama. WARNING - if you see any of these hardened criminals, be very careful, they may give you a piece of their mind!
  1. Tea Party protesters
  2. CIA agents
  3. Surgeons - especially the greedy ones who remove tonsils or saw off legs
  4. Insurance companies - are there any out there who don't need Nancy Pelosi to keep them honest?
  5. Policemen - especially the ones in college towns where there is very little crime
  6. Seniors who express concern about Medicare cuts.
  7. All Energy companies unless they are GREEN ENERGY AND FINANCIALLY VIABLE ONLY BECAUSE THEY GET GINORMOUS GOVT SUBSIDIES.
  8. Banks
  9. Wall Street
  10. People who believe Obama was awake during Rev. Wright's sermons.

Saturday, November 07, 2009

Hurricane Katrina......

...........wreaked havoc, death and devastation on Mississippi and Lousiiana about 4 years and 3 months ago. So with billions and billions of dollars, the govt began re-building New Orleans and the surrounding area. Since it's been amost 1,600 days since Hurricane Katrina, I assume the rebuilding by the state and fed and local govts is 99% or 100% done. Am I right?

I recommend the govt should now take its energy, tools, big ideas, grand plans and hard mofo govt employees and go to work to reform our health care system. Where could they go wrong?

[Note to self : I must go and visit the "New" New Orleans and see how all that hard work and taxpayer money has made it the gem of the South!] It has, hasn't it??

Monday, October 26, 2009

Competitive Option....

.....is the new term for the public option the Dems want to foist upon the Americans who pay the bills by pulling the oars day in and day out.

I say give us a competitive option and get rid of the current Congress- every stinking one of them. Then conduct a lottery and pick their replacements by randomly using the phone book if one still exists [shades of William Buckley I know but I borrow all of my good ideas from someone else].

Wednesday, October 14, 2009

Liberals Are Such Prevaricators.......

...........I saw Ned Lamont last night on Hannity. Lamont had the nerve to describe himself as a "small businessman"!! Ok perhaps Lamont has started a new business and it could still be small. .........But But But.....Lamont is a fat cat and probably worth about $50 or $100 Million!!! He made his fortune providing cable TV to college students and sold that cable company for mucho dinero!! I think his wife is one of those private equity folks who the Democrats love to demonize but look the other way when the same "demons" send them a nice, generous campaign contribution.

Why do liberals like Lamont feel the need to hem and haw and be so careless with the truth?

Health Care Reform...........

........made simple perhaps.

I was thinking [yes it is painful for someone as dumb as I am] and remembered the Fed govt approved a bill earlier this year that expanded S-chip health insurance coverage for like 6 million more kids. The cost was about $1,700 per person. So I thought what if we did the same thing for the 30 million or so uninsured [of the legal variety]. At that rate, it would cost $51 Billion a year. We could pay for it by increasing the Federal income tax of every worker. It would be an increase of about $300 per year per worker!

If we have to do something, this idea of mine sounds about simple as it could be. My numbers may need to be tweaked but they probably work and the bill could be written on maybe two sheets of paper!

Mr. President and all you Congress critters, you are very welcome to use this idea of mine. Just be warned, I have a million more for you to consider!

Monday, October 05, 2009

Republicans need to.........

....put together two plans.

One will lay out a ten year budget for the nation. It will make recommendations on how to fix the soc sec, medicare deficits. For example, it should let younger people keep more of their money in private buckets aka lockboxes where no Congress critter can get his hands on it. It will eliminate [for the most part] big redundant wasteful departments like Education, Energy, HUD, etc. It will include a dedicated fed tax of $0.25 or so per gallon to fund infrastucture repairs and updating. It will itemize the areas of govt involvement it sees as appropriate and the areas where govt should butt out!

The other plan will address a real Stimulus Plan that restores the confidence of Americans. It would include a suspension of the employee's portion of the FICA tax for two years until the whole Soc Sec plan is revised and made solvent. It would be designed to encourage people to invest and save money, fix up their homes, start and expand businesses, return to school to update theire skillsets, etc.

Since Obama and his pals are clueless, the country needs Republicans to do this in writing asap!

Friday, September 11, 2009

You Know The Economy Sucks..........

....When even gamblers are broke! The Atlantic City casinos reported their revenue in August was down 16.3% compared to last August. That follows a 14% drop in June and 13% in July.

That Spendulus kickstart must be just around the corner! [Not]. So I am creating a new label called "wreckonomics" in honor of how President Obama and the Dems have destroyed what little was left of the American people's confidence!