Tag Archives: Keynesians

Slowing Economic Growth: The True Death of Keynes.

The following chart was published not that long ago in a Gallup study. It depicts the real overall economic slowdown that has occurred in the USA since 1966: The implications are stunning. For over 50 years, the Keynesian economic establishment running the US government has claimed to be furthering economic growth. This is the entire […]

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Trouble in the Chinese Economy? – A Quick Video.

Alarmist commentators and politicians in America like to pretend that China is a vastly efficient foreign bogeyman with an economy bound to outstrip the USA’s. However, they are ignoring the major elephant in the room…

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Welfare Never Dies.

Welfare never dies. So it seems, anyway. Whenever cuts are made to the amount of welfare spending in America, the liberal media screams bloody murder. The floodgates burst on sob stories: single mothers raising 5 kids, cancer victims who can’t afford treatment, disabled senior citizens with no money and no caretakers, small business owners who […]

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Raising the Minimum Wage – Good or Bad?

The Congressional Budget Office (CBO) recently released a bipartisan study determining that a hike in the Federal Minimum Wage would cause approximately 500,000 workers to lose their jobs. This is timely, because raising the Federal Minimum Wage has recently been touted as a central issue by President Obama and the Democrat Establishment. It is pushed […]

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A Good Joke, Circa 2009: Unemployment Rate Predictions.

A Good Joke, Circa 2009: Unemployment Rate Predictions. I stumbled across this humorous relic from 2009, a year overflowing with Reaganesque “Morning in America” fuzziness from the recent election of Barack Obama. Obama’s top economic court jesters, Christina Romer and Jared Bernstein, released this chart to sell the newfangled legislation of the day, the “American […]

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Students Loan Default Rate Worst in 20 Years, Tops $146 Billion.

In a report released yesterday (presumably before the shutdown went through), the U.S. Department of Education revealed that the default rate on student loan debt is the worst it’s been in nearly 20 years. As the report from ED.gov states: “The national two-year cohort default rate rose from 9.1 percent for FY 2010 to 10 […]

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Indian Rupee Imploding – Loses 20% of Value Since Start Of Year.

The Rupee, the currency unit mandated by the Indian Government, has gone from bad to worse since the beginning of 2013, becoming one of the world’s worst performing currencies. The Rupee took a 4% hit last night alone, clocking in at nearly 69 Rupees to 1 dollar. This a vast worsening from the somewhat stable […]

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Silliness at the Central Banks.

Paul Krugman, winner of the Nobel Prize in Economics and poster child of modern Keynesian monetary policy, supports Currency War. He supports Central Banks like the Federal Reserve and the European Central Bank inflating their respective currencies, driving down their value in a “race to the bottom”. As Krugman says in a New York Times […]

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