Awaiting my free stuff @tesicram
Freedom loving, retired capitalist, corporate finance. USA by birth/GB raised. Lived in Zurich, NYC, London, Chicago, DC and now love living in Cincinnati Cincinnati Joined September 2018-
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Paychex: small business jobs index in Apr hits lowest level in the series history, outside of the anomalous data during covid lockdowns when it was illegal for small business to operate; index down 1.06 Y/Y and points to almost no job gains M/M - "stagflation" anyone?
Not a good sign.........
The nation’s personal saving rate as a share of disposable personal income was 3.2% in March, down from 3.6% in February ow.ly/2JZG50RpETo
Debt held by public as % of GDP, by decade Comparison of Biden's budget to history. Despite Biden's plans to raise taxes by $5.9T, debt increases 50% to 105% of GDP by 2034
PCE and Core PCE rising at annualized rates of 3.9%
After a mere three years, Biden has issued more regulations at greater economic cost than Obama did in 8 years Biden is destroying the US economy americanactionforum.org/daily-dish/jaw…
Let's compare annual real household income (after taxes and transfers) growth rates in the 3 year period after two tax reforms, Obama's 2013 tax increase and Trump's 2018 tax cut Incomes of poorest Americans grew 3 times faster after the Trump tax cuts than after the Obama tax…
Looking at M2 on a weekly basis shows things clearly moving in the wrong direction; not only is it trending upward, but the latest reading is only 4.2% below the record, and is the highest in 55 weeks; inflation is going NOWHERE:
Small businesses have been hit hard by #Bidenomics. @NFIB's latest report shows confidence at lowest in 12 years, worse than during Covid lockdowns. Confidence has plummeted throughout Biden's term!
In case you have any doubt what Biden has in store for us if reelected.....his plan has us paying the highest sustained taxes in US history, see (2025 F+ in chart below)
Here's some unique data on HOUSEHOLD income tax rates by household income quintile. It's unique because it classifies taxpayers based on household size and household income, as shown below the chart It shows incomes tax rates before and after Trump tax cuts For example,…
Over the next 10 years, the IRA’s energy tax credits are projected to cost north of $1 trillion, adding to the federal government’s budgetary challenges and burgeoning debt. hubs.ly/Q02s_VXd0 @ahardtospell
NPR has hired a left-wing activist who openly endorses censoring, deplatforming, and punching political opponents. She considers the First Amendment the "number one challenge" to controlling "bad information." The American people should not be paying for this. She must resign.
Foreign policy via "don't"
Tanya Alimento @TanAlimen
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If you entered repayment on your student loans over two decades ago but still have loans: We’re proposing that your debt is canceled.
One of the best photos of 2024 so far: Fraternity brothers are pelted by anti-Israel protesters at UNC Chapel Hill while protecting the United States flag as it is re-hoisted following its removal by protesters. Well done, gentleman. 🫡🇺🇸
Apparently this girl studies: “Theories of the imagination & poetry as interpreted through a Marxian lens” Let’s be honest - she’s an intellectual wanker She’s not smart - she’s a nit wit Wankers like this should not be in a privileged position to become thought leaders of…
NYC man speaks out against college protesters: "The majority of these college students are here on a government loan" "They are studying something unbelievably stupid" "These are 10,000 people with nowhere else to be" "The average person at these protests is the kid that's…
Our economy always does much better under free markets.
I still keep hearing people say that our economy did so much better under Trump. But people seem to forget how Trump failed to deliver on his economic promises — and how the economy has historically performed better under Democratic presidents than Republicans.
@RBReich Well if they change the future they earn it. They don’t live forever and many giveback to society
@RBReich Who is going to decide when someone has made enough money? You? 🤣
@RBReich Ok let us take Bezos for an example it's not money it's mostly equity in Amazon, so I ask you why shouldn't he be allowed to own roughly 11% of the company he founded?
@RBReich How do you avoid great Wealth inequality and still have a capitalist market economy, tho? As long as people are free to invest and start businesses and then own said businesses, there will always be both billionaires and wealth inequality.
War on Reality always ends the same way, with defeat and total capitulation.
What could possibly go wrong here? cbsnews.com/news/palestini…
Cut the utilities
Columbia student says protestors occupying Hamilton Hall will not leave until the university abides by their demands, which include "amnesty" for those involved.
@BillAckman They want us to payoff their student loans, AND bring them lunch?
@BillAckman The Babylon Bee will have to shut down if this continues
@BillAckman Next thing, these radicals will request cell phone chargers and timeouts for nap time.
@BillAckman The Revolution will be catered
@EdKrassen Do I have this right: Biden gets credit for job (re)gains following COVID. Biden gets credit for record high stock market (due to inflation) Biden gets credit for wage gains (due to inflation) Biden is not to blame for the inflation that is driving the other items you are…