keynesianism (page 4)

  • Post

    Phlebotonomics: Bleeding liberty dry

    My newsletter today draws on the death of the World’s Apostle of Liberty and the now-moribund society of liberty he fought to found. A snippet: Washington was bled repeatedly during his final hours. As historian Lewis Lehrman described it, “Washington did not lack for the best medical care, but…
    Jon Sanders, September 21, 2012
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    Media economists flabbergasted again

    Bloomberg is reporting today that “More Americans Than Forecast Filed Jobless Claims.” As expected, the bad news was unexpected: More Americans than forecast filed applications for unemployment benefits last week, adding to concern the labor market is slackening. Jobless claims decreased by 3,000 in the week ended…
    Jon Sanders, September 20, 2012
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    Headline: ‘Economy Adds Fewer Jobs Than Expected’

    Story per The Wall Street Journal: U.S. payrolls increased by a seasonally adjusted 96,000 jobs last month, the Labor Department said Friday. The politically important unemployment rate, obtained by a separate survey of U.S. households, fell to 8.1% from 8.3%, mainly because of more people dropping out of…
    Jon Sanders, September 7, 2012
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    Obama lauds solar plant, given $54 million in tax credits, that has five full-time employees

    Folks, this is a campaign stop. The president views it as a good thing. Even he knows enough to wish to hide the disaster of Obamanomics, deliberately refusing to celebrate its second anniversary. But his green energy debacle he still fails to recognize. Obama has learned nothing since…
    Jon Sanders, March 21, 2012
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    To media economic experts, every bit of news is as unexpected as the Spanish Inquisition

    America’s plunge into a Dark Ages of economic superstition happened at the end of the Bush administration, was  impelled by the incessant chanting of media shamans, and capped with a high priest of Keynesianism so devout he openly wondered why destroying one industry to promote…
    Jon Sanders, March 14, 2012
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    Financial Post: “Keynesianism’s systemic failure”

    Peter Foster writes about that in today’s Financial Post. Longtime readers of The Locker Room will not be surprised. We have warned against the dangers of retrying the failed economic theory of Keynesianism, explained why it fails, and discussed how it’s based on buncombe and…
    Jon Sanders, April 20, 2011