“In the 2016 presidential election, Americans have been given a choice between two types of controlled and managed trade. On the one hand, there is Donald Trump who favors outright protectionism and controlled trade for the benefit of select industries and companies.”
Source: The Case for Unilateral Free Trade
“Millions of your co-workers are getting a raise, some bigger than others. If you’re not one of them, there may be an explanation for why you’re getting left behind.”
Source: Here’s why you may not have gotten a raise lately
“A major publication has listed Americas 5,000 fastest-growing companies that are ready to hire, and 177 N.J. businesses made the list.”
Source: 177 Fastest-Growing New Jersey Companies That Are Ready To Hire
The income tax must be abolished to create sustainable prosperity.
“The standard leftist position on helping the poor is: Increase income taxes on the rich and give the money to the poor in the form of welfare. The idea is that it’s just not fair that someone has more money when someone has less money. By equalizing people’s financial conditions, through the force of a progressive income tax and a welfare state, the financial plight of the poor will be improved. The left, however, is wrong. As our American ancestors, Continue Reading…”
Source: Help the Poor by Abolishing the Income Tax – The Future of Freedom Foundation
Tom DiLorenzo sent me a copy of his new book, The Problem With Socialism, with the following inscription. You can hear Tom Woods interview Tom here. This book should be a best seller based on my review of the contents. I will read it ASAP and discuss it in a future post.
“A new survey says N.J. has America’s most miserable town, but it’s also among the state’s 100 “kinkiest” communities. Below are both lists.”
Source: N.J. Has America’s Most Miserable Town — But It’s Among State’s 100 ‘Kinkiest,’ Surveys Say
“President Barack Obama and his first attorney general, Eric Holder, called for an honest conversation about race. Holder even called us “a nation of cowards” because we were unwilling to have a “national conversation” about race. The truth of the matter is there’s been more than a half-century of conversations about race. We do not need more. Instead, black people need to have frank conversations among ourselves, no matter how uncomfortable and embarrassing the topics may be.”
Source: Challenges for Black People
For many Americans who have not done so building an emergency fund is one of the most prudent things you can do now to whether the next economic downturn.
“A quarter of Americans have no savings, a new Bankrate survey finds. Find out how much emergency savings can help in a crisis.”
Source: Why These 2 People Are So Glad They Had Emergency Savings | Bankrate.com
David Stockman shows the economy is not as robust as the data suggest.
“The boys and girls on Wall Street are now riding their bikes with no hands and eyes wide shut. That’s the only way to explain Friday’s lunatic buying spree in response to another jobs report that proves exactly nothing about an allegedly resurgent economy.”
Source: Real Jobs Report: Tax Collections Data Suggest US Economy Barely Above Water
“An online petition accusing Starbucks Corp of “extreme” cutbacks in work hours at its U.S. cafes, hurting both employee morale and customer service, has been signed by more than 9,000 people. “The labor situation has gone from tight to infuriating” ”
Source: Something “Unexpected” Happened After Starbucks Raised Minimum Wages
Economic illiterates on display in Trenton–again. Stunning ignorance. You don’t fight poverty, you work your way out of poverty. New Jersey needs jobs, not high taxes, not onerous regulations, and certainly not more entitlements.
Democrats want to add spending to fight poverty.
Source: N.J. Dems introduce $34.8B budget with more money to fight poverty
The Federal Reserve has painted itself in a box. Raising interest rates would destabilize the economy. Keeping rates well below “normal” creates more distortions in the economy. What should be done? Ending the Fed would be a good place to start so the money manipulators in DC could no longer create inflation and booms and busts. Also, making the dollar as gold should be the goal of the federal government.
Federal Reserve Chair Janet Yellen said Tuesday that the U.S. economy faces a number of uncertainties that require the Fed to proceed cautiously in raising interest rates.
Source: Yellen says uncertainties justify cautious approach – Business – NorthJersey.com