novatownhall blog

Where you are held accountable for your convictions and record

Browsing Posts in Economics

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Our entire area is filled with lobbyists, cronyists, bureaucrats, special interest sharks, and political insiders. Welcome to the new America where one is either an oligarch getting rich on tax subsidies, or struggling and living on some form of federal assistance:

Chart via American Enterprise Institute:

There is also a very good article on this theme by Scott Beyer of the American Enterprise Institute. Read it here

A little local news to cleanse the palate. Loudoun County Public Schools are considering asking Richmond for permission to charge students for riding the bus.

I saw this story and it made me ask: “Why are we having such budget problems in Loudoun that local officials are actually considering making parents pay for bus rides to school?” (Read the full story is here)

Some are saying that this is proof that sprawl does not work and that taxes are too low in Loudoun

A few takeaway questions:

- Considering that children pay for lunch, why would it not be reasonable to pay for the bus ride?

- Are taxes too low in Loudoun? If the county is spending too much, then where’s the waste? (not saying there’s no waste, just want to know). Also consider that Loudoun County can’t afford to build new roads because the new developments are so spread apart.

- Are our local elected officials focused too much on policies that promote sprawl? Considering that we can not even transport our children to school with out having to consider levying some type of fee because schools and housing are too far flung and budgets are not covering the needs, the answer to that question is probably “yes”.

- If we are having budget troubles now, just imagine how much fun it will be once Loudoun has to pitch in to pay for the Metro in about 5 years or so.

By the way. It is racist to refer to these Ferguson protestors as “looters”. I suggest “undocumented shoppers”:

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Undocumented shopper snaps a picture after shopping spree!

Undocumented shopper snaps a picture after shopping spree!

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Undocumented shoppers making their way out of the store with much needed free stuff

 

My, my! What a nation we will be leaving to the Mexicans…

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Forbes calls it a “surprisingly strong jobs report”. Yahoo says, “The government reported surprisingly robust job gains in June.” And the Wall Street Journal gushed, “U.S. employers added jobs at a robust clip in June and the unemployment rate fell, signs of labor-market strength as the economic recovery heads into its sixth year.”

Let’s look at the June report itself, shall we?

On the surface, it looks pretty good — according to the Household Survey, 407,000 more people were employed in June than in May.  What’s not to like?

I suspect you know where this is going — it’s going further down the page, to the part-time numbers.

There were 1,115,000 more people working part-time in June than in May.  With just a little math, we see that that means there were 708,000 FEWER people working full-time in June than in May.

That’s not job creation, it’s division of labor.

Kept hearing on the news back in April that rising fuel prices were the cause of converting over to the “summer” blend and that those prices would come right back down. They haven’t. Ethanol continues to cost the American taxpayer billions in subsidies and it continues to ruin engines. Electric isn’t getting off the ground and fuel of some source is necessary to run the power plants to make the electricity which charges those vehicles. Now there is a new problem with unrest in the Middle East where it is impacting oil exports.

We are sitting on immense coal, oil and natural gas supplies that would make us independent from the needs of other countries’ resources. Why are we not making this reality? Obama. The side affects are a weaker, non-working economy. People aren’t making a paycheck. The ones that are can’t afford the fuels that drive our lives so they are living in a deficit (including myself). Thing is, the greeners are happy because the planet is being saved thru their cause. Is it? Is anything we do here changing how other industrialized countries operate? Russia? China? India? Mexico? The climate changers, greeners, and the Obama administration want to be leaders where the rest of the world will emulate our initiatives. We haven’t led anything in years. Why would countries follow us down the economic toilet when they can keep their economies going through the utilization of ANY resources available to them? They wouldn’t and won’t. We are the only suckers committed to economic suicide. Boy, this Obama agenda is so screwed up.

If we ever get a regime change that puts America on the right track again, I’m going to get a T-shirt that reads “I survived the worst economic times in American history–Obama Socialism”. I believe that trumps my Dad’s Great Depression.