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Entries in Economic Slowdown (3)

Thursday
Aug212014

ALG's Daily Grind - State tax revenue nose dive provides ominous economic warning 

6

August 20, 2014

Permission to republish original opeds granted.

State tax revenue nose dive provides ominous economic warning
Federal revenues reach all-time high on higher rates while state and local taxes take a nose dive.

Climate change a symbolic battle against an unpleasant, toxic way of life
As Mann unwittingly makes the case for, alarmist claims are met with "suspicion, skepticism, and sighing apathy" — and those are not the battle cries of a winner.

Legal Insurrection: Montana Democratic Senate nominee has some strange video selfies
"Amanda Curtis' state legislative career is one long video selfie, posted daily to YouTube."

Thursday
Jan312013

ALG - Economic contraction in Q4 in spite of Fed easing 

Jan. 30, 2013, Fairfax, VA—Americans for Limited Government President Bill Wilson today issued the following statement in response to the latest report by the Bureau of Economic Analysis showing the economy shrank at an annualized rate of 0.1 percent in the fourth quarter of 2012:

"The economy is once again shrinking despite White House and economists' expectations of 1.1 percent growth for the quarter. And all in spite of renewed quantitative easing by the Federal Reserve, which will be pumping $1 trillion of new 'stimulus' into the economy every year perhaps for the rest of our lives. Half will go to buying government debt, and the other half to bailing out financial institutions still weighed down with dodgy mortgage backed securities from the financial crisis.

"None of which will boost growth, as can already be seen. A printing press is no replacement for real productivity, a lowered cost of doing business, and regulations that welcome company creation. Instead, we have a spiraling national debt backed only by the Fed's useless paper trade, taxes that were just increased on small businesses, and a regulatory environment in health care, the environment, and labor that would make Soviet Russia blush. The result is sustained high unemployment and no growth. We're in another depression.

"This is simply unsustainable. The only problem is that seemingly nobody in Washington, D.C. is listening. To get the economy back on track, we must get our fiscal house in order, roll back regulatory agencies in the nation's capital that are holding back growth, and return to sound money. We got into this mess because of too much debt, and yet more of it from Congress, the White House, and the Fed will never get us out."

To view online: http://getliberty.org/economic-contraction-in-q4-in-spite-of-fed-easing/

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Americans for Limited Government is a non-partisan, nationwide network committed to advancing free market reforms, private property rights and core American liberties. For more information on ALG please call us at 703-383-0880 or visit our website at www.GetLiberty.org.

Saturday
Sep292012

ALG's Daily Grind - Economic slowdown hurts Obama, but can Romney take advantage?

Sept. 28, 2012

Economic slowdown hurts Obama, but can Romney take advantage?

Second quarter Gross Domestic Product (GDP) has been revised downward to 1.3 percent growth, unemployment is still unacceptably high, the debt is higher than ever, and things are only getting worse. But can Republicans win?

Cartoon: In his back pocket

Obama's media allies come in handy again.

Hollywood's Frackin' Fraud

Promised Land, starring Matt Damon and inspired by eleven residents from Dimock, Penn., who claimed that fracking had destroyed their water and their lives has those residents' claims investigated by the EPA, which found "there are not levels of contaminants present that would require additional action by the Agency." 

CapitalResearch.org: Southern Poverty Law Center a Wellspring of Manufactured Hate

Family Research Council President Tony Perkins: gunman was "given a license to shoot an unarmed man by organizations like the Southern Poverty Law Center that have been reckless in labeling organizations as hate groups because they disagree with them on public policy."