novatownhall blog

Where you are held accountable for your convictions and record

Browsing Posts in Economics

If you don’t have an understanding about what is going on with oil and prices, you need to get in tune. It is important to make a reasonable evaluation on where you stand on this issue and how you will act accordingly. Here is a very good article to cover most bases.

I find this a golden opportunity to start re-organizing some of these “unfriendly” nations. When you look at what compromises OPEC, you will see that they aren’t “friends” of democracy. It also greatly affects Russia, who has been doing some heinous crimes against a sovereign nation. It is a very complex issue when it concerns trades and investments among nations. I look at what outcomes can come to pass for North America. Here is some of what I see:
–becoming energy independent
–ridding ourselves of the ethanol boondoggle
–bringing about cheaper and better goods thru more in-house
manufacturing
–further strengthening of our economy
–nations forced to move to a freer economy
–socialism crumbling under its own, unsustained weight
–reducing the risk for others to make war
This is just quick and brief. I see so many good outcomes from this. Much of this has to come about in conjunction with stopping ALL immigration, which at this time shows no need and necessity, as well as securing the borders (yes, even the one with Canada). Cheaper goods is not the answer when quality is required. Funding war and terrorism is not the answer when we can enhance pay scale and quality of life. Too many win-win scenarios here but I’m sure there will be rain on my parade from not thinking too far out. All that can be resolved without much pain. Energy fuels a society. Energy also prompts and promotes invention and ingenuity. The problem here is getting those in charge to take initiative and make it happen. Some corporations need to be forced in-line rather than being coddled and catered to. One government institution needs to be reigned in to make it work……that would be the EPA. The one organization that hurts our economy.

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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.