March 27th, 2014
in Op Ed
by Lee Adler, Wall Street Examiner
The seasonally adjusted headline number for February Industrial Production crushed economists' expectations, coming in at a month to month gain of 0.6% versus the pros' guesstimate +0.1%.
Wall Street Examiner Professional Edition readers weren't surprised because throughout February we had seen that Federal withholding tax data was showing exceptionally strong gains year to year. That told us that the dour forecasts of clueless economists who were watching the weather, rather than real time hard data, were wrong. We had a good idea that the subsequently released data would surprise on the upside.
March 26th, 2014
in Op Ed
by Dr. Elizabeth Lee Vliet, AAPS Online
The March 31 deadline for enrolling in Obamacare looms over the undecided. Millions of Americans have lost their private health insurance policies because they do not comply with the costly, expanded requirements of the new healthcare law.
Congressman Mike Rogers asked a poignant question: "Why punish the 85% who have earned healthcare coverage under their employer to cover the 15% who do not?" But punishment is exactly what Democrats who voted for Obamacare have done.
Written by Frank Li
by Roger Erickson, Mike Norman Economics Blogspot
Here are three imteresting references on why a job guarantee is common sense from 1892, 1943 and 1987.