Tag: Economy

Jim Geraghty of National Review and Greg Corombos of Radio America unload on President Trump for even saying he wants to see most aspects of the Democrats’ gun control agenda in a comprehensive bill and for apparently having little regard for due process rights. They also discuss the resignation of White House Communications Director Hope Hicks and how the West Wing seems to be in a constant state of turnover. And they close with good economic news, as new reports show wages rising – especially for low-income workers – and that the number of jobless claims filed last week were the fewest since 1969.

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We are relearning the danger of law enforcement and spy agencies using “secret” labels and special courts to shield their domestic political collusion and attempted manipulation of both elections and policy-making. At the same time, we would do well to relearn healthy skepticism about secrecy-shrouded military procurement, especially as the pork barrel is rolling again […]

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Jim Geraghty of National Review is back! He and Greg Corombos of Radio America applaud much of President Trump’s State of the Union address, including the list of positive economic data and the powerful stories of a soldier’s heroism, families devastated by criminal illegal aliens, and the North Korean amputee who hobbled to freedom on crutches. However, Jim wonders whether the goodwill from this speech will last or whether Trump’s Twitter instincts will create problems. They also roll their eyes as Rep. Joseph Kennedy III delivers the Democratic response and blames Republicans for the government shutdown and dividing Americans by groups, and Jim points out that a Kennedy is exactly the wrong Democrat to denounce elitism, privilege, and abuse of women. And they are amazed as Democrats refuse to applaud good economic news for minorities and the few liberal ideas in Trump’s speech simply due to their animosity for the president.

Jim Geraghty of National Review and Greg Corombos of Radio America welcome comments from Bank of America Chief Executive Brian Moynihan suggesting the recent tax bill will trigger “massive new investment” in the United States, likely leading to economic growth and more jobs. They also skewer a plan from two state Democratic lawmakers in California who are pushing a ten percent tax hike on businesses making more than a million dollars to help offset the alleged damage the federal tax plan is doing to the middle class. They also unload on Pennsylvania Rep. Patrick Meehan, a married Republican lawmaker who used taxpayer dollars to settle a dispute with a female staffer he allegedly made romantic advances towards. Meehan pathetically insists it was not a romantic overture, just that they were soulmates.

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OK so once again we are libsplained-to that conservatives are “uneducated.” What this writer is predicting is either wrong as pointed out by one comment, or dire for the country. Because if all the new Trump-generated (desireabe type) economic growth is going to the already-liberal areas, and most future Americans are going to be enfolded […]

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Recommended by Ricochet Members Created with Sketch. Occupational Licensing Is a Whole Quilt of Crazy

 

Here’s a bit of trivia: New Hampshire’s tallest building was erected by a general contractor unlicensed by the state. Before you decide to avoid forever Manchester’s 20-story City Hall Plaza, you should know no building in the state, including every house, was built by a state-licensed general contractor — because New Hampshire doesn’t license general contractors. I’ll be focusing on New Hampshire here, but the crazy quilt of occupational licenses smothers opportunity in every state.

The state doesn’t license carpenters, auto mechanics, welders or asphalt layers either. Yet your home does not fall apart, commercial buildings don’t tumble down, roads don’t dissolve in the rain.

Jim Geraghty of National Review and Greg Corombos of Radio America welcome a new poll showing nearly half of Americans hold a positive view of the Republican tax bill and are bullish on the economy, although they are not ready to give Trump and the GOP credit. They also wince as Democrats win a usually safe Republican seat in the Wisconsin State Senate, and Gov. Scott Walker urges GOP members and activists to make sure people know about their significant accomplishments. And they sigh as President Trump’s doctor gives the commander-in-chief a clean bill of health, but White House reporters still ask the physician a litany of repetitive questions about Trump’s mental health and whether he he is fit to serve under the conditions of the 25th Amendment.

Jim Geraghty of National Review and Greg Corombos of Radio America focus squarely on the media in this episode of the Three Martini Lunch awards. They begin by discussing two massive stories that media either ignore or are severely downplaying – one overseas and one here in the U.S. Then they switch gears to reveal which stories received far too much coverage in 2017. Finally, they choose what they see as the best stories of the past year.

Jim Geraghty of National Review and Greg Corombos of Radio America are pleasantly reminded the Democrats are also deeply dysfunctional as former Rep. Harold Ford, Jr. says he doesn’t know what his party’s economic agenda is. They also sigh as late night talk show host Jimmy Kimmel suddenly becomes the media’s benchmark for whether the latest GOP health care bill is a good idea. And they groan as four NFL players want to institute a month dedicated to social activism, similar to how the league devotes a month to breast cancer awareness.

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Since President Trump was inaugurated, the mounting debt (not as sexy a term as one would think) had been approaching the artificial debt limit imposed by Congress of $19.8 T (as in Terrible, Treacherous, Tragic, etc.) After months of the Treasury robbing Peter to pay Paul to prevent breaching the limit, last week Congress approved […]

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Representative Ro Khanna, a California Democrat from Silicon Valley and vice chair of the Congressional Progressive Caucus, discusses the feasibility of re-creating the technology economy in other parts of the United States. Is there room for working with the Trump administration, or are his fellow Democrats preoccupied by Russia and impeachment talk?

Promoted from the Ricochet Member Feed by Editors Created with Sketch. Jim Rogers: Biggest Financial Collapse in my Lifetime is Overdue

 

The billionaire commodity guru Jim Rogers believes the next economic catastrophe is coming and when it arrives it will be the worst financial calamity the 74-year old investor has ever seen. “The financial markets are going to have the worst problems in my lifetime.” Jim joins us at Whiskey Politics and discusses China, Janet Yellen, why “Mr. Obama wasn’t a very smart guy,” his opinions about Donald Trump, and of course we ask Jim to suggest how we can protect ourselves.

Find Jim all over the financial websites, including CNBC, Business Insider, Zero Hedge, and Wall Street Journal and his website: http://jimrogers.com. Be sure to subscribe to Whiskey Politics at YouTube and our audio podcasts at iTunesStitcher or GooglePlay where your 5-star rating would be appreciated as it will help get the word out about our fledgling production (iTunes especially!) In: Little Green Bag, George Baker Selection. Out: Take The Money And Run, The Steve Miller Band. Produced by Praemonitus Communications and pictures by Thompson Clicks Photos.

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Our favorite Navy Fighter Pilot, @BrentB67 (let’s get him back on Rico!) joins this week’s Whiskey Politics podcast to discuss the current economy. Brent Berarducci of BlackLion Capital Management shares his unique and timely perspective as we talk about the trend towards populism, the U.S. debt, trade protectionism, and just what the heck is happening in Saudi […]

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It is common in my conversations with fellow Millienials to see sneer quotes applied whenever the term “American Dream” is brought up. Far from being limited to those on the Left, I have noticed this trend among disaffected conservatives as well, particularly during the Obama era. It was something noteworthy about the not so diametrically […]

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Promoted from the Ricochet Member Feed by Editors Created with Sketch. Can Trump Win Over Blacks?

 

I heard something this week that made my jaw drop: Someone who, for decades, has said that Republican outreach to blacks is a waste of time now tells me that President Donald Trump might be uniquely capable of persuading another five percent of blacks to vote Republican.

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What the Economic Experts Said Would Happen If BREXIT Passed: “In the run-up to Britain’s historic vote on whether to leave the EU, the consensus among economists was clear: Brexit will hurt growth. Even many committed supporters acknowledged the prospect of a short-term economic hit.” What Actually Happened: “Britain ended last year as the strongest […]

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Jim Geraghty of National Review and Greg Corombos of Radio America offer a champagne toast to the military and space heroism of John Glenn. They are surprised to see a massive jump in economic optimism since Trump’s election. They shudder as free speech is trampled in the Netherlands. And they unload on Hillary Clinton after she claims fake news is having a major impact on the nation.

While everyone else was left scratching their heads, one man saw it coming. This week on OppCast we sit down with Matt Schlapp, chairman of the American Conservative Union, to discuss how he knew Trump would win, why he believes Steve Bannon is being misrepresented, and why Weekly Standard columnist Steve Hayes might just show up wearing a speedo to this year’s CPAC. Later, co-host Ellen Carmichael breaks down the “Rubio Effect” and what it means for the next election cycle.

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Since this is the anniversary of the opening of the Erie Canal, it gives me an excuse to plug a book I narrated for Audible last year: Building the Empire State. It starts with the process of “settling the Revolution,” deciding how much of royal government structure to retain while designing a new country and economy. […]

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I went to pick up a take-out order from a restaurant today and found a dozen or so customers sitting around with no food. The restaurant’s computer system was down. In the old days, we could calculate totals manually and even take credit card payments via a non-electronic system. But the young clerk just kept […]

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