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File: Economy

2010-08-01 :: madlibertarianguy // Economy
Teaching Dependence

Awesome. Let’s teach the next generation that relying on government dependence will get you a bigger and better place in which to live without working for it. That if you live off of the taxpayers for long enough, you can wait for them to have hardships that you can take advantage of. I’ve never lived […]

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2010-08-01 :: madlibertarianguy // Dumbassery + Economy + Government + Legislation + Regulation + Uncategorized
As I Said Before

The day the new financial sector overhaul passed, I wrote Though one should notice that they didn’t figure a way to deal with government excesses “that tipped the nation into the worst recession since the Great Depression.” And it appears that I was right. Via Minyanville: The financial services reforms of the Dodd-Frank Act were […]

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Two things about President Obama’s appearance in Detroit today touting the success of the government bail out and takeover of Government General Motors: 1) What the fuck is an auto czar, and why the fuck do we need one? 2) It’s mighty rich of Obama telling Detroit how well his economic policies are working when […]

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2010-07-28 :: madlibertarianguy // Dumbassery + Economy + Government + Legislation
Goose and the Gander

I find this kind of shit insanely annoying. We banned online gambling For the Children™, but congresscritters can revive it again when government needs cash. It’s not okay for adults to gamble, but it’s okay for the government to make money from it when needs additional revenue streams. Fuck you, you hypocritical fuckers.

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2010-07-27 :: madlibertarianguy // Dumbassery + Economy + Legislation + SCOTUS + Stimulus
Evidence Cast Aside

N. Gregory Mankiw, a Harvard economist, in a piece titled “Crisis Economics” at National Affairs concerning the reliance on Keneysian economic theories by the Obama administration while administering economic stimulus (and its current insistence on yet more stimulus cash being thrown in to the economy): The administration’s second assumption, meanwhile, is a matter of academic […]

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2010-07-27 :: madlibertarianguy // Dumbassery + Economy + POTUS
Unheeded Advice

For those who might argue that President Obama isn’t a progressive ideologue. The Wall Street Journal: Economists who say Mr. Obama should have relied more on tax cuts cite research of an unlikely source: Ms. Romer, his adviser. In a study she and her husband, David Romer, conducted before she joined the administration, Ms. Romer […]

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2010-07-25 :: madlibertarianguy // Dumbassery + Economy + Government
Earth to Democrats

The AP: Treasury Secretary Tim Geithner said that allowing tax cuts for the wealthy to expire would be “the responsible thing to do.” [. . .] “It’s responsible to let the tax cuts expire that just go to 2 percent to 3 percent of Americans, the highest earning Americans,” Geithner told ABC’s “This Week” in […]

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2010-07-25 :: madlibertarianguy // Dumbassery + Economy + Journalism
The Debt Perversion

Debt, by definition, is what one accrues when one spends more money than one has to spend. Demotards and their friends at The Washington Post would have us believe that debt is what one accrues when one doesn’t make as much as one spends. Although they have blamed Democrats for record budget deficits, most Republican […]

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I love it when people insist that we should go to a socialized health care system because of how well it works in England. The New York Times: Perhaps the only consistent thing about Britain’s socialized health care system is that it is in a perpetual state of flux, its structure constantly changing as governments […]

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2010-07-23 :: madlibertarianguy // Dumbassery + Economy + Government
Don’t Get Me Wrong

There has been a whole lot of me harping, criticizing, and cussing about democrats of late. There is a simple reason for that: they are the only ones doing something. Demotards accuse Republitards of being the party of no, saying essentially that they are trying to throw a wrench in the congressional machine. Make no […]

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