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Archive for the ‘Economy’ Category

RUH-ROH, Shaggy

24 Apr

So a friend of mine has retirement through CALPERS. I told him that I thought CALPERS was not safe or stable, but he was offended and ignored what I said. He has worked hard over decades. The agreement was that he would get that money and he did his part. He fulfilled his part of the deal.

But what I said was nevertheless true.

And as this article points out, CALPERS is certainly not the only entity that is in trouble because of pensions.

A very basic understanding of the simplest of ecomics tell the sad tale: Inputs have to be greater than outflows. When the money is gone, no amount of yelling that it is unfair will again fill the coffers. Retirees have long been promised the world, but that assumed a return rate that was neither reasonable nor likely.

I hope my friend is OK, and that his hard-earned retirement comes through. But trouble is very clearly approaching.

 
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Posted in Economy

 

Well, the

20 Mar

perceptions are correct.

Say what you will, whine and moan that Trump is not a good person and all that, but the economic facts are the economic facts. The economy is growing for the first time in a LONG time. The boot is at least partially off the throat of the economy.

 
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Posted in Economy

 

Yeah, the level of whining

13 Mar

by the Left is just cosmic. Huge. It is the death throes of a poisonous serpent. It is indeed dangerous and can still kill, but the game is up and the ultimate outcome is set. The snake appears to be mortally wounded. It may indeed come back, however. And even if it dies, what takes its place may be even worse. A cockatrice may come out of the Asp’s den…

It is poetic justice that Trump is making the economy go like gangbusters. Oh, and did I mention that the stock market is at historic highs? Interest rates are going up, which means that elderly people who need that passive income will do better. Yeah, things are looking up because we have a rational Presidency and government. As I have repeatedly said, the long night of the Lefty Orc is finally drawing to an end and we are seeing the first lights in the East breaking forth.

I guess this just makes me all the madder. It didn’t have to be this way. Obama followed policies that damaged us out of a hidebound and slavish adherence to Lefty political philosophy (next time you hear someone say that philosophy doesn’t matter, know that they are a braying donkey). There was no intellect involved.

The bottom line is that things could have been far better for me. Things could have been better for virtually everyone. This was madness. The madness of King Obama. It is a great reason to NEVER vote for a Leftist! Never.

And it is not just the damage that we all experienced, it is the lost improvement that we could have had if Obama had been rational (what economists call “opportunity cost”). Wow, that is aggravating!

Things could have been better. Obama was absolutely NOT suffering, but I certainly was! Yet he was willing to have you and me suffer so he could adhere to his old and tired Lefty policies. All the while he was golfing for free and taking expensive vacations and his wife was milking all she could. He was an exploitive king.

What a jerk! What a selfish bum! He knew his policies were causing misery yet he kept them up. He deliberately made Obamacare as painful as possible to remove–never mind that we were all suffering and will continue to suffer. And don’t be fooled, Obamacare will be painful and difficult to get rid of. It was designed that way from the start. It is a barbed hook.

And to make it worse, the Lefty Pols are even now resisting Trump and good economic sense! Still! We need to get rid of these bums–they don’t know Jack crap and are ONLY trying to feather their own beds. They are already set for a difficult election in the mid-terms. I think we ought to make it as painful for them as Obamacare is for us.

Throw the Lefty bums out!

 
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Posted in Economy, Political Philosophy

 

This doesn’t

09 Mar

surprise me on little bit.

 
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Posted in Economy

 

The unions

07 Mar

have made the people of SC winners and the people of WA losers.

It’s really simple economics: SC makes labor easily available and WA makes it onerous to hire and keep people.

Unions may have had a place in a bygone era, but they are merely leeches now. In my father’s day they were openly violent leeches (he was threatened with personal harm by the union if he didn’t shut up), but now they are just blood-suckers. It just makes no logical sense NOT to be a right-to-work state!

 
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Posted in Economics, Economy, Jobs

 

Just call it

01 Mar

The Trump Effect.

 
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Posted in Economy

 

The truth is,

15 Feb

everything is changing. It’s NOT just autonomous vehicles. No, nothing so superficial. The economy itself is changing.

I personally am not employed. But I have three different offices (one is my own) where I work as a contractor. THAT is the model we will have. They days of working all your life for a single company and then retiring with a gold watch are OVAH! I haven’t had an employer for nearly 10 years. I sell my skills to the highest bidder, and you can bet that THAT is the entire reason I work where I work now. Even now there is a big move in general business to hire contractors rather than employees.

Licensing laws are an anachronistic Lefty nuisance, but that will change over the next decade. There’s no reason I can’t do psychotherapy sessions online, across state borders! That is just assinine. I have an iPad–and I know how to use it.

All this is a HUGE problem for the Left. They are an enemy to enterprise. They are like vampires, and only live off other people. They feed on regulations, and once there are no more regulations, they starve to death. Good. See, as a contractor I am responsible for 100% of my taxes. There is no employer to pick up part of the tab. There is no withholding. You write a dang check!

And that is why the Left hates Uber so much. There is no withholding, and it exposes the whole rickety tax architecture. They like it better when they can say (in the immortal words of Pink Floyd), “It’s just a little pinprick. There’ll be no more AHHHH! but you may feel a little sick…” Yes, they want you to become comfortably numb. To be a sheltered employee is to be comfortably numb. That’s why (if you can help it) you never vote for someone who has not lived off his or her own business.

 
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Posted in Economy

 

Yeah,

25 Jan

not exactly a coincidence.

The US economy groaned under Obama, and it may have collapsed entirely under Hillary. But under Trump it is going gangbusters.

I think that the decision by Americans to elect Trump has already been vindicated. And he’s been in office less than a week!

 
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Posted in Economy

 

Yeah,

04 Jan

no surprise. At all.

 
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Posted in Economy

 

It just

29 Dec

keeps going.

Imagine how good things would be if Obama were even halfway competent! Alas, that is too high a bar for him to clear…

 
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Posted in Economy