Tag Archives: economy

The Ricochet 200th Podcast: The Larger Meaning | Ricochet.com | 01.26.14

By Clark S. Judge | Published: January 28, 2014
As all Ricochetti know, tonight James, Peter, Rob and many more will have themselves a 200th Ricochet podcast. The golden voices and lively wits will record live at the Town and Gown Ballroom on the University of Southern California campus in downtown Los Angeles. One of the organizers tells me that the audience may exceed […]
Posted in Economic Policy: General | Also tagged | Comments closed

Is Money Too Easy…or Too Tight? | Ricochet.com | 01.11.14

By Clark S. Judge | Published: January 14, 2014
Last week, I posted a summary to a New York Times op-ed by financial crisis expert Peter Wallison (“Nightmare on Elm Street: A Picture of the New Housing Bubble”). Wallison had argued that a new housing bubble was developing.  I included with my summary a chart that he circulated privately to back up his claim. In a comment […]
Posted in Economic Policy: The Great Financial Crisis | Also tagged , , , , | Comments closed

Economic Canaries – and Obamacare is the Cat | HughHewitt.com | 08.22.13

By Clark S. Judge | Published: August 27, 2013
Just as the Washington Establishment is trumpeting the economy’s revival, an alarming other story is gaining traction.  It isn’t a new edition of the headline grabbing “end to the stimulus” tale.  Instead, it is of obscure financial data that may be signaling bad time ahead – and pointing to a cause.  Call it the canary […]
Posted in Economic Policy: Health Care, Uncategorized | Also tagged , , , , | Comments closed

The Crisis In Entrepreneurial Finance: The Death of ‘Liquidity Event’ IPOs | HughHewitt.com | 08.04.13

By Clark S. Judge | Published: August 5, 2013
Why are the American economy and the number of American jobs growing so slowly?  A few days ago, I stumbled on one answer.  And for once, it didn’t have to do – or, at least, much to do — with economy’s mismanagement by the current administration. As part of a swing through California, I spent […]
Posted in Economic Policy: General | Also tagged , | Comments closed

The Buck Stops Somewhere Else | USNews.com | 07.26.13

By Clark S. Judge | Published: August 2, 2013
Haven’t we seen this act before? This week, President Obama denounced Republicans in Congress who were trying, he said, to destroy Obamacare by mucking up its implementation. You’ve got to admire the president. A man of many gifts – intellectual, rhetorical – but none of his gifts matches that of passing blame. Harry Truman may […]
Posted in Economic Policy: Health Care | Also tagged , , | Comments closed

President Obama’s Clueless Economics | HughHewitt.com | 07.25.13

By Clark S. Judge | Published: July 25, 2013
Yesterday President Obama delivered a much-heralded (by himself and his minions) speech on the economy. It was a transparent attempt to change the Washington topic from, as he put it, “phony scandals”. Phony scandals?  Let’s see.  Could he have been referring to the White House-ordered IRS audits of the Administration’s political opponents, precisely the same […]
Posted in Economic Policy: General | Also tagged , , , , | Comments closed

President Embraces Flat Earth Science… and Economics | HughHewitt.com | 06.26.13

By Clark S. Judge | Published: June 26, 2013
Yesterday President Obama joined the Flat Earth Society. That’s not how he put it, of course.  Just the opposite.  He said, “We don’t have time for a meeting of the Flat Earth Society,” i.e. those not prepared to join him in embracing radical anti-fossil fuel policies. Put another way, he meant forget about Congress.  Congress […]
Posted in Economic Policy: General | Also tagged , , | Comments closed

What is the Greatest Force Shaping Our Age? | Ricochet.com | 06.25.13

By Clark S. Judge | Published: June 26, 2013
On the front page of Saturday’s Wall Street Journal, two unrelated articles pointed to a greater story. The first concerned a 15- or 16-year-old factory girl in Bangladesh. Her name was Mahinur Akhter. She survived five weeks of burial in the collapsed garment factory where she had worked. A seamstress, she had earned $90-100 a month, essential […]
Posted in Global Issues | Also tagged , | Comments closed

We Can’t Go Back Again (to 1950s Tax Rates) | HughHewitt.com | 4.17.13

By Clark S. Judge | Published: April 17, 2013
In an article in yesterday’s Wall Street Journal, Lawrence Mone, president of the Manhattan Institute, took on the leftist contention that a return to prosperity requires returning to the high marginal tax rates of the 1950s – 91 percent for top earners. In an article full of telling points, for me the most telling point was […]
Posted in Economic Policy: General | Also tagged , , , , | Comments closed

Two Examples: Obama On How NOT To Lead. Thatcher On How TO Lead. | HughHewitt.com | 4.08.13

By Clark S. Judge | Published: April 8, 2013
If you want a measure of what it means to have an administration in Washington that puts failed ideology first, take a look at last week’s jobs report.  If you want an example of how a president should be acting in a time like this, look at how Margaret Thatcher, who passed away this morning, […]
Posted in Global Issues | Also tagged , , | Comments closed

The Case for More Sequester | USNews.com | 4.08.13

By Clark S. Judge | Published: April 8, 2013
I’m guessing you missed the latest troubling economic news. I am not talking about last week’s unemployment figures. A record 90 million Americans are now out of the workforce, taking the U.S. labor participation rate back to Carter administration levels – 63.5 percent. The White House tried to blame The Sequester. But the job trend […]
Posted in Economic Policy: The Great Financial Crisis | Also tagged , , , , , | Comments closed

Obama’s Quiet Declaration of War on Oil and Gas Production | USNews.com | 03.18.13

By Clark S. Judge | Published: March 18, 2013
Last week, the president traveled to the Argonne National Laboratory outside Chicago to deliver what the White House billed as a major speech on energy. To see what is wrong with the administration as it enters its second term, you could do worse than carefully reading that address. Despite the speech’s “energy” label, the oil […]
Posted in Economic Policy: General | Also tagged , | Comments closed

President’s Second Term Prescription: Poison Pill Politics | HughHewitt.com | 2.20.13

By Clark S. Judge | Published: February 20, 2013
FoxNews.com posted a home page story this evening that began, “President Obama pinned the blame on Republicans Tuesday for looming spending cuts that may be triggered by what was originally a White House proposal….” Well, duh. Hasn’t staging one deadlock after another been the Obama White House’s transparent game plan since Day One of Term […]
Posted in Political Commentary: General | Also tagged , , , , , | Comments closed

At the New Year, the American Middle Class and the Ghost of Christmases Long Ago and Far Away | HughHewitt.com | 12.28.12

By Clark S. Judge | Published: January 2, 2013
Looking back on the year now ending, I have been struck by a disconnect that has entered American language. Through the presidential campaign and now in the fiscal cliff fight, we have heard about “the middle class.”  The president – to the cheers of the media  — tells us he is for the middle class […]
Posted in Economic Policy: General, Economic Policy: US Debt Crisis | Also tagged , | Comments closed

A Quiz and Two Rules for the Budget Talks | Hughhewitt.com | 12.11.12

By Clark S. Judge | Published: December 11, 2012
OK, class, here’s a quiz. If the government were to raise the top personal income tax rate by, say, 25 percent, what would be the increase in its take of the total gross domestic product? Twenty-five percent? Are you sure?  After all how much of the government’s total personal income tax take actually comes from […]
Posted in Economic Policy: US Debt Crisis | Also tagged , | Comments closed