Economics« Previous Entries
This is just comical to me. Venezuela Moves to Cap Prices, Profits The cause for the inflation? “The amount of bolívares in circulation rose 70% over the past year, a clear sign the government is printing ever larger amounts of money to stoke a slowing economy.” So, the government floods the economy with new money, […]
From today’s WSJ (How Government is Making Solar Billionaires): Welcome to SolarCity, SCTY -0.59% the latest booming green company that has never recorded a profit. The startup’s stock price has soared by 600% since its IPO last December—it closed on Monday at $57 a share—and spiked after the company announced a couple of weeks ago […]
Big surprise: Forever 21 Caught in Obamacare Controversy President Obama creates Obamacare. He makes 30 hours a week “full time” and forces employers to provide health insurance for “full time” employees. Employers respond by slashing hours below 30 hours per week. Question: What did the Obama Administration expect would happen? People can gripe all they […]
From Money Magazine: Since 2003, there’s been a 29% jump in Americans with little or no work experience getting disability payments, according to the Social Security Administration. Over the same time, there’s been a 44% increase in disability claims by people formerly in the workplace. Disability claims among veterans are up 28% since 2008, according […]
Let me just say, ALL politicians do this. I’m not just poking fun of President Obama. That said, check out the meaning of President Obama’s proposed savings as laid out in the graphic via the Cato Institute (yes, Cato is a conservative think tank but numbers are numbers): Better than nothing, I suppose.
From the WSJ:
today is the start of the NCAA Men’s Basketball Tournament (it actually started earlier for play-in teams but today is when the real fun begins). To clebrate, I thought I would share with you this graphic I came across today (just click on it to see the original larger version). Oh, and… GO KANSAS!
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