According to Gallup Obama’s popularity with Muslims is just five percentage points below his average of 77 percent that he enjoyed from 2009 to 2014.
Why do statists make so many mistakes with data? Paul Krugman, for instance, has butchered numbers when writing about fiscal policy in nations such asFrance, Estonia, Germany, and the United Kingdom.
Changes in technology and the economy that permit businesses to use capital far more efficiently will likely drive equities much higher.
The Federal Reserve seems to be completely abandoning its role as the reserve bank of the United States… And, of course, the rest of the government isn’t exactly doing a phenomenal job of boosting our economy. Steve Forbes spoke to John about the proper role of government in the free markets.
Remember that investing is a process, and only by performing this autopsy-like analysis will you understand what went right and why.
Nice rebound yesterday- just in time as another down session would have spooked a lot of the investors who have simply become complacent.
Obama played pool and drank a beer with Colorado's Governor Irrelevant, John Hickenlooper. The last time Hickenlooper saw his shadow, he was admitting he didn't understand the legislation that May Michael Bloomberg of New York city had passed in Hick's state of Colorado.
Speaker John Boehner intends to draft legislation in the House of Representatives that would authorize a suit against the president of the United States. The legislation would only pertain to the House, so it would not need the Senate's consent. Given the partisan composition of the House, the legislation will pass. Speaker Boehner will use taxpayer dollars to sue President Obama over President Obama's use, or disuse, of his powers.
Christiana Figueres has suggested that only communism is capable of successfully fighting global warming and “climate change”. Of course it’s a strange statement, given the Soviet Union’s abysmal record on environmental issues, and red China’s horrific display of environmental abuse.
Real estate is well back in bubble territory in some places, notably California. It won't end any differently this time for the buyers, but at least banks will not be on the hook for all of the loans.
ISIL is acting quickly to eliminate rivals and malcontents, especially their leaders. The so-called Caliph is reported to have had 13 imams executed over the weekend in Mosul.
We are always enthralled and enamored with rags-to-riches stories that layout a blueprint that includes risk-taking, hard work, and commitment. Yet, when it comes to changing our own lives, such attributes are checked at the door in favor of safety.
In what appears to be one of Edward Snowden's final revelations, the former CIA and NSA agent has demonstrated conclusively that the National Security Agency has collected and analyzed the contents of emails, text messages, and mobile and landline telephone calls from nine non-targeted U.S. residents for every one U.S. resident it has targeted.
Libertarian alert. More righteous indignation from people who think that covering our eyes and plugging our ears and singing la, la, la, la is a national defense strategy.
From 2007 through mid-2009, the federal minimum wage was increased by over 40%. Combined with other minimum wage hikes at the state and local level and low inflation in the U.S. in the years since, there has effectively been no recovery for teen jobs in the United States:
The government and the Palestinian leaders are under pressure to escalate the crisis. Hamas has challenged the Palestinian Authority to join the fight.
It's fortunate the Supreme Court of the United States saw it fit last week to rule that corporations could not be coerced into covering religiously objectionable forms of birth control for their employees.
?OK, I think there are any number of reasons why Ms. Clinton should not be considered for the presidency. But I guess I need to add delusion to the list.
Over the past several years, I’ve repeatedly argued that you get more unemployment when the government pays people to be unemployed. But I’m not just relying on theory. I’ve cited both anecdotes and empirical research to bolster my case.
Don’t forget what John Maynard Keynes pointed out when advocating for increased government spending: “In the long run, we’re all dead.” Of course, he never said we’d be able to afford the coffin.
Let's take a look at disturbing aspects of censorship, in which thousands of references to people have virtually disappeared from the internet following an EU ruling on the "Right to Be Forgotten" in which individuals have the right to ask search engines to remove links with personal information about them.
The North Korean leaders want the South Korean younger people to act as their agents of change. South Koreans strongly favor some of the terms, such as more frequent people-to-people exchanges.
This near-perfect volume appears with almost preternaturally perfect timing around the centenary of the beginning of World War I and, with that, the end of the classical gold standard.
Most recently we’ve learned that the Federal Reserve has discussed “Gating” bond funds. Apparently, in their quest to keep the persona of American wealth and recovery alive and well, they are suggesting that the stock market and not the bond market is the place to be for everyone.
I’ve shared lots of data and evidence about the harmful economic impact of government spending. Simply stated, budgetary outlays divert resources from more productive uses. And this results in labor and capital being misallocated, leading to less economic output.
Sure, King George never shoved universal healthcare down the throats of our Patriot founders; but he did enact taxes, regulation, and tariffs, with little more than a stroke of a pen. (No word, yet, on how often he decided to play golf...)
Here is a sentence at that heart of Noah's brain worm infection: "Massive torrents of Fed “money-printing” failed to budge prices; this fact directly cracked the central foundations of Austrian thought."
If you believe Nancy Pelosi, unemployment handouts actually are good for the economy!
One can compare seasonally-adjusted full-time employment this month to seasonally-adjusted full-time employment last month. Doing so shows a decline in full-time employment of 523,000!
Unlike in the fourth quarter of 2012, which set the record for the greatest number of extra dividends paid as part of the Great Dividend Raid, there wouldn't seem to be an obvious tax avoidance strategy at work during the first six months of 2014.
Today’s question deals with the part of the tax system is most harmful to the economy, on a per-dollar-collected basis.
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for September 22nd, 2014 | John Ransom
In Other News: Bi-Partisan Agreement that Debbie Wasserman Schultz is a Horrible Person | Michael Schaus