Monday, February 24, 2014

Andrew Klavan on the Tea Party

Klavan's take is the closest I've ever read to my own position on the Tea Party vis-à-vis the Republican establishment.

"Purity or Strategy: The Debate We Need to Have"

Saturday, February 08, 2014

The Laffer Curve Explained

Because Liberals always argue out of ignorance, it's simple to logically defeat them simply by having information. (Note: At that point they fall back on screaming, swearing and name-calling. Since they can't defend their positions with logic, they scream, swear, and name-call a lot.)

When it comes to taxation, Liberals/Democrats always want more, no matter how much we're already taxed. Because of the Laffer curve, their ideological aim is to punish rather than to actually increase revenue.

Here it is explained by an expert.

Friday, February 07, 2014

One picture is worth...

The Labor Force Participation Rate measures the percentage of the working-age population who is either 1) employed; or 2) in the government system as looking for work. It does not measure those who have given up looking for work. That means, of course, that millions of discouraged workers without jobs are not officially counted as unemployed, even though they are in fact "unemployed." 

Paradoxically, the more unemployed people who quit looking for work, the lower the official government unemployment rate. 

Here, then, is the historic trend of the LFPR since Barack Obama took office. See if you notice a trend.
Labor Force Participation Rate since January, 2009

And this is why the unemployment rate under Barack Obama has managed to stay under ten percent, despite there being ten million more Americans without jobs than when he took office. (Today's false number, 6.6%)