Sunday, May 19, 2019
PREDICTABLE: Philadelphia's soda tax bombs.
The Laffer curve strikes again. It would be nice if the health and safety nannies would learn to mind their own business and not ours. It would save money, too.
The Laffer curve strikes again. It would be nice if the health and safety nannies would learn to mind their own business and not ours. It would save money, too.
LIBERAL SHOCKED TO FIND she must obey the law.
Thirty days is the slammer seems about right to me....
Thirty days is the slammer seems about right to me....
MUCH ADO ABOUT VERY LITTLE: I've been watching the TV talking heads bloviating about whose economy - Obama's or Trump's - has been better, so I decided to look for myself using my personal economic data: my retirement savings accounts. I keep pretty good data, so I've been able to track the growth year-to-year, factoring out the deposits/withdrawals made during each year.
The results? My 'economy' grew at 5.9% the last two years of the Obama administration (2015-2016) and 9.3% during the first two years of the Trump administration (2017-2018).
So the Trump administration has been pretty good for my personal economy.
But here's the interesting part. It has also been very volatile, with a 2-year interval high of 18% and low of -12% (single year, +27% and -29% respectively). But when averaged over three administrations (Bush, Obama, and Trump) the numbers are 9% (2-year) and 10% (1-year), respectively. Within each individual administration the variance was within +/- 1%.
Moral of the story: the economy doesn't really care which administration is 'in charge' (possible exception - socialists, democratic or otherwise); it will adjust and continue humming along in it's usual 7-10 percent growth range as it has been doing for nearly 100 years.
The results? My 'economy' grew at 5.9% the last two years of the Obama administration (2015-2016) and 9.3% during the first two years of the Trump administration (2017-2018).
So the Trump administration has been pretty good for my personal economy.
But here's the interesting part. It has also been very volatile, with a 2-year interval high of 18% and low of -12% (single year, +27% and -29% respectively). But when averaged over three administrations (Bush, Obama, and Trump) the numbers are 9% (2-year) and 10% (1-year), respectively. Within each individual administration the variance was within +/- 1%.
Moral of the story: the economy doesn't really care which administration is 'in charge' (possible exception - socialists, democratic or otherwise); it will adjust and continue humming along in it's usual 7-10 percent growth range as it has been doing for nearly 100 years.
ELECTION UPSET IN AUSTRALIA: "With only a few exceptions, left-leaning parties have been in retreat just about everywhere."
Good.
Good.
THERE SHOULD BE SOME JAIL CELLS WAITING: The Steele Dossier and the ‘VERIFIED APPLICATION’ that wasn’t.
It looks like Attorney General William Barr is interested.
Still more.
It looks like Attorney General William Barr is interested.
Still more.
FACEBOOK SUSPENDS CANDACE OWENS over post about ‘liberal supremacy’.
Keep it up, Facebook. And Twitter, too. Every time you ban a conservative voice, you increase their readership....
Keep it up, Facebook. And Twitter, too. Every time you ban a conservative voice, you increase their readership....
OH, DO. PLEASE, PLEASE DO: California bureaucrat came very close to threatening ‘an outright ban on internal-combustion engines’ this week.
The Progressive connection to reality is becoming more and more tenuous every day....
The Progressive connection to reality is becoming more and more tenuous every day....
THE BENEFIT OF TRANSGENDERISM: Man identifies as woman just long enough to voice valid opinion on abortion.
Just in case you didn't notice (I'm looking at you, Snopes), it's the Babylon Bee.
Just in case you didn't notice (I'm looking at you, Snopes), it's the Babylon Bee.
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