Economics

Politicians and money

Posted on December 15, 2009. Filed under: Economics, Milwaukee, Wisconsin, government spending | Tags: |

Most of us know that politicians, left, right and center like spending money, especially money that is not their own.
But there’s another aspect of this that some of us might not realize:
The Milwaukee School Board has spent 20 years ignoring a “fiscal time bomb” in the form of generous and unfunded health insurance benefits for [...]

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Waukesha’s part of the stimulus

Posted on February 16, 2009. Filed under: Economics, Waukesha, Wisconsin | Tags: , , , , |

Top on the list is fixing Accordion Arcadian Ave.
Except voting is currently against it.
Can they overturn Congress?
More here.

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Cause and Effect?

Posted on February 12, 2009. Filed under: Barack Obama, Economics, policy | Tags: , , , , , |

Does this [Emphasis is mine throughout]
Twenty-six percent (26%) of American voters say the nation is moving in the right direction, while 66% say it is heading down the wrong track, according to the latest Rasmussen Reports national telephone survey.
The number of voters who think America is moving in the right direction is down slightly from [...]

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Waukesha Carnival 02/08/2009

Posted on February 8, 2009. Filed under: Barack Obama, Blog carnivals, Democrats, Economics, Ethics, Fifth Cong. District, Republican, Sports, Taxes, Waukesha, Waukesha Carnival, Waukesha blogs, Wisconsin, government spending, policy | Tags: , , , , , , , , , , , , , , , , , , , |

Welcome to this week’s edition. It’s gettin’ late and I have to work tomorrow, so let’s get to it.
First sad news, Darryl Enriquez at Waukesha FYI tells us about the Waukesha Freeman layoffs. One of those laid off was photographer and Waukesha blogger Byron Houlgrave, who shared the last picture he clicked for the [...]

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Capping executive pay

Posted on February 6, 2009. Filed under: Economics | Tags: , , , |

In contrast with some of my fellow conservative bloggers, notably Owen (and observe the extent of the comments). I’m a conservative, I understand their opposition, yet I find myself agreeing with Roger Simon at Politico.com.
President Barack Obama is on the right track with his plan to cap at $500,000 per year the salaries of Wall [...]

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Social Security vs Ponzi Schemes

Posted on January 14, 2009. Filed under: Economics | Tags: , |

Over at Good Math, Bad Math, Mark Chu-Carroll heard Mayor Micheal Bloomberg refer to Social Security as a Ponzi Scheme and said,
This is, to put it mildly, bullshit. Incredibly, stupid, rampant, bullshit.
Technically, of course, he’s correct. In spite of the many times I’ve refered to SS as a Ponzi Scheme, there are differences and Mark [...]

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Gannett plans to furlough employees for a week

Posted on January 14, 2009. Filed under: Drive-by media, Economics | Tags: , |

From the New York Times
The Gannett Company, the nation’s largest newspaper publisher, said on Wednesday that it would force thousands of its employees to take a week off without pay in an effort to avoid layoffs.
This involves about 31,000 employees.
Also on Wednesday, USA Today notified its staff of a one-year pay freeze for all employees.
Most [...]

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Here’s how one state closed their budget gap

Posted on January 11, 2009. Filed under: Economics, government spending | Tags: , , , |

From TBO.com
By raiding the trust funds and cutting planned spending, the Legislature came up with about $2.5 billion to close the gap in the $66.3 billion budget. That’s a larger amount than expected because tax collections and other state revenue have continued to decline since the deficit was estimated at $2.3 billion.[Emphasis mine]

No new taxes [...]

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What will it be by the time he takes office?

Posted on January 11, 2009. Filed under: Barack Obama, Economics | Tags: , , , |

Shoebox @ No Runny Eggs documents the increase of jobs Obama’s stimulus bill is expected to “create.” It’s risen steadily from 2.5 million to 4.1 million.
He’s created 1.6 million jobs before even getting it passed.

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Spring City Chronicle on unions

Posted on January 9, 2009. Filed under: Economics |

Huckleberry Dumbell notes
Unions are an anachronistic, socialist throwback to the industrial revolution. I’m currently an unwilling member who sees his dues sent to political candidates who support positions and policies which are personally and morally abhorrent to me. I can’t opt out because the great believers in a free democratic and just society, the union, [...]

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    A Wisconsin conservative Christian writes about, well, whatever I feel like

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