Read additional essays by supply siders Larry Kudlow, Stephen Moore and Art Laffer. I will have much to write about their economic views during the 1990s and during the housing boom. Spent some time with my student research assistants who provided me with more material for the bubble book and my next project on social entrepreneurship.
Archive for February, 2017
Minimum Wage Massacre: Wendy’s Unleashes 1,000 Robots To Counter Higher Labor Costs
28
Feb
“In yet another awkwardly rational response to government intervention in deciding what’s “fair”, the blowback from minimum wage demanding fast food workers has struck again. Wendy’s plans to install self-ordering kiosks in 1,000 of its stores – 16% of its locations nationwide.”
Source: Minimum Wage Massacre: Wendy’s Unleashes 1,000 Robots To Counter Higher Labor Costs
On Military and Spending, It’s Trump Versus Trump
28
Feb
“It can be a challenge to follow the pronouncements of President Trump, as he often seems to change his position on any number of items from week to week, or from day to day, or even from minute to minute. Consider his speech last week at the Conservative Political Action Conference (CPAC).”
Source: On Military and Spending, It’s Trump Versus Trump
New Ebook Available
27
Feb
I am pleased to inform you that the social entrepreneurship ebook is posted on the Sabrin Center site. I hope the essays will have an impact on the national dialogue about the best way to provide social services in communities throughout the country.
Jerome Tuccille, Libertarian Author and Trump Biographer, Dies at 79 – The New York Times
27
Feb
Jerry was funny, witty and a great writer. He was one of the leaders in early days of the modern libertarian movement. I met Jerry when he was the Libertarian nominee for governor in 1974. We immediately became friends. He will be missed by everyone who knew him.
“Mr. Tuccille was a disaffected Roman Catholic looking for a new faith when he discovered the writings of Ayn Rand.”
Source: Jerome Tuccille, Libertarian Author and Trump Biographer, Dies at 79 – The New York Times
Economic Globalization Is Not Political Globalization
27
Feb
“Globalization has fallen into disrepute. More and more people are rejecting it outright as unfair and as a source of all sorts of evil — including economic crises and migration.”
Source: Economic Globalization Is Not Political Globalization
The Seasonal Republican Welfare Program
27
Feb
The welfare program all the political elites love.
“The period from about the last week in February to the end of March is like a second Christmas season for some businesses. It is the time when millions of Americans receive their income tax refunds and suddenly have extra hundreds, and even thousands, of dollars to spend. But all tax refunds are not…”
Source: The Seasonal Republican Welfare Program
US stock market not in bubble territory, billionaire investor Warren Buffett says
27
Feb
“Billionaire investor Warren Buffett told CNBC on Monday that U.S. stock prices are on the cheap side with interest rates are current levels.”
Source: US stock market not in bubble territory, billionaire investor Warren Buffett says
Trump Seeks Sharp Increases In Military Spending, “Drastic Cuts” To State Department, EPA
27
Feb
“As part of his proposed budget, President Trump will instruct federal agencies on Monday to assemble a spending plan for the coming fiscal year that includes sharp increases in Defense Department spending and “drastic cuts” to domestic agencies such as the State Department, the EPA and other non-defense programs, so that he can keep his promise to leave Social Security and Medicare alone.”
Source: Trump Seeks Sharp Increases In Military Spending, “Drastic Cuts” To State Department, EPA
Sabbatical Day 40
26
Feb
Spent an hour on Julie Briggs’ Political Roundtable from 11am-12pm. We discussed Trump’s policies and several New Jersey issues. Wrote a letter to the Record about Sen. Pou’s “fair school funding” essay.
Sweden Is Sliding Into Chaos — and the Media Is Applauding
26
Feb
“Sweden has been dominating the news since Donald Trump mentioned the troubled Scandinavian country during a rally on Saturday in Florida. Trump mentioned Sweden while speaking about the massive transformations various European countries have undergone as a result of the ongoing “migrant crisis”.Here’s the line that got Trump in trouble: “You look at what’s happening last night in Sweden” — Poor choice of words perhaps but the context was clear. The lying press took this to mean that he was referring to a specific terrorist attack that had occurred recently.”
Source: Sweden Is Sliding Into Chaos — and the Media Is Applauding