Category Archives: Economy

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Like ObamaCare – Bernie’s Medicare-For-All will Cost You

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by: the Common Constitutionalist

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Did you hear the good news? The left appears to be giving up on single-payer healthcare – or at least is one leftist.

Okay – not quite. Actually not at all. Socialist front man, and member of the richest 1 percent, Bernie Sanders, who has pushed single-payer for a while now, no longer speaks of it.

Sanders now trumpets Medicare-for-all. It’s the same thing. He just changed the name to something probably focus-group tested that sounds more attractive. Bernie wishes “to provide quality care to all, in a cost effective way.” He states that, “while your taxes may [will] go up to pay for this publicly funded program, that expense will be more than offset by the money you are saving by the elimination of private insurance.”

By saying it’s publicly funded, it sounds like he’s selling it as free healthcare for all – and I’ll guarantee you, this is what his followers are hearing. Well, it’s not free. He never says anything about how much the “free” government system will cost you and me. Anyone currently on Medicare can confirm it is hardly “free.”

First, as Sanders admits, are increased taxes. How much will this be? No one knows. Know one can possibly know. Just be assured that it will be significant. read more

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Life is Good for Those Who Work In D.C.

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from CNS News:

The three richest counties in the United States with populations of 65,000 or more, when measured by their 2016 median household incomes, were all suburbs of Washington, D.C., according to data released today by the Census Bureau.

Eight of the 20 wealthiest counties with populations of 65,000 or more were also suburbs of Washington, D.C.–as were 10 of the top 25.
Loudoun County, Va., with a median household income of $134,464, was nation’s wealthiest county, according to the Census Bureau.

read more

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What Good is the Debt Ceiling?

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from IBD: 

In his surprise deal with the Democrats to raise the debt ceiling last week, President Trump went one step further: He proposed getting rid of the debt ceiling entirely. It’s not a bad idea, but only if you control future spending.

“The president encouraged congressional leaders to find a more permanent solution to the debt ceiling so the vote is not so frequently politicized,” said White House Press Secretary Sarah Huckabee Sanders. Her comments came as the Senate voted 80 to 17 to approve the deal that would raise the debt ceiling and keep the government running until Dec. 8, while spending $15.25 billion on emergency relief. read more

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WND Exclusive – The Debt-Ceiling Big Lie

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By making a deal with the devil and siding with Chuck Schumer, President Trump may be lurching toward the dark side. And for what – an $8 billion disaster-relief package?

Eight billion dollars is a lot of money for the likes of us, but to the government it is nothing. They waste or misplace that amount in a week or two.

Heck, with a budget of around $4,000 billion ($4 trillion), the feds spend about $11 billion a day. We’re expected to believe that they can’t divert less than a day’s outlay to help out the truly needy – those who have lost everything in Texas and Louisiana, in some cases? Not to mention those who will surely lose everything if Irma tracks into Florida. We’re supposed to buy this load of crap? read more

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Economics of Bacon and Natural Disasters

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by: the Common Constitutionalist

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You may have noticed that the price of bacon is off the charts. I know I have. It appears to have basically doubled in the last months. Why?

It’s simple – supply and demand. Over the last few year demand for everything bacon has skyrocketed. It seems bacon is in everything. There is Maple Bacon ice cream for dogs. There are bacon cream Oreos, bacon flavored gumballs, bacon mayonnaise, bacon toothpaste and Amazon sells Lester’s bacon soda. I love bacon, but ick!

In February, Business Insider explained the effect the demand for bacon has had on the industry.

The country’s supply of frozen pork belly — the meat used to make bacon — fell from 53.4 million pounds in December 2015 to 17.8 million pounds in December 2016. That’s the lowest level the nation’s pork reserve has been at since 1957, according to US Department of Agriculture data. “Today’s pig farmers are setting historic records by producing more pigs than ever,” Rich Deaton, the president of the Ohio Pork Council, said in a statement highlighting the data. “Yet our reserves are still depleting.”

What we’re witnessing are naturally occurring market forces at work – basic economics – supply and demand, and why the cost of bacon has increased so much. As demand outstrips supply, prices naturally increase. If it didn’t, soon there would be no supply left. The free market, left to its own devices, devoid of government meddling, will then re-balance itself, allowing supply to catch up with demand. Bacon will then return to more reasonable prices.

Put it this way. You go to store to purchase something. For this scenario, it doesn’t matter what it is. Luckily, you happen upon a store offering the product at 50% off. Why? read more

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Video Podcast – Pastor for Reproductive Rights – Price Gouging Can be Good

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by: the Common Constitutionalist

A Female Methodist Reverend claims she was “moved by Scripture” to become an abortion advocate. She says her interpretation of the Bible called her to join the pro-abortion movement.

No one likes price-gouging – especially during times of exceptional need, as in the case of Hurricane victims. I argue that these pirates who jack up prices of goods and services actually perform a needed service to the desperate evacuees. read more

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More ObamaCare Rate Hikes Coming

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Remember, others and I warned, years ago, that as bad as ObamaCare seemed then, the disaster of the bill would not appear until after Obama was safely out of office. Well folks – welcome to it. Ever disaster that is and will occur was baked in long ago and artificially tamped down or covered up until after this last election.

from IBD:

ObamaCare, Not Trump, Is Causing ObamaCare’s Massive Rate Hikes

In Iowa, the state’s sole remaining insurer announced on Thursday that it wants to boost ObamaCare premiums by 57%. This isn’t exactly the vibrant, competitive, low-cost market that Democrats promised. But it is the inevitable outcome of ObamaCare’s government-knows-best approach to health care.

Earlier this year, Aetna and Wellmark Blue Cross & Blue Shield announced that they were pulling out of Iowa’s ObamaCare exchange, leaving only Medica, which was also threatening to leave. Not surprisingly, Medica has used its newfound monopoly status to push for increasingly higher rates, while trying to pin the blame President Trump for the increases. read more

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You May be a Conservative American

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by: the Common Constitutionalist

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You May be a Conservative American if:

You are wealthy, unapologetic and not racked with guilt.

You don’t believe you gained your wealth on the backs of the poor.

You are not wealthy, but want to be and don’t wish to rob or scam anyone to get that way.

You don’t feel guilty about wanting to keep more of what you’ve earned.

You don’t hate or wish to punish the people who have more than you, simply because they have more.

You are not a racist, but the left says you are.

You are not a homophobe, but the left says you are.

You are not a bigot, but the left says you are.

You are not a sexist, but the left says you are.

You are not transphobic, but the left says you are.

You don’t believe that because men should use the men’s room and women should use the lady’s room makes you transphobic. read more

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Video Podcast – Busting the Budget – Auto Vending Machine – Marijuana-Ville

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by: the Common Constitutionalist

The new federal budget proposal is out and surprise, surprise – we’ll be spending more. To the tune of $1.6 trillion over the next 10 years. See any budget cuts. Me either.

China has unveiled its first ever automobile vending machine. And sure enough, it does a bit like a snack vending machine, with a glass front. The buyer stands in front of the glass-front structure and simply chooses the car he or she wishes – just like buying a bag of pretzels.

The town of Nipton, California was sold on Thursday of last week. Yes, the whole town – to American Green, Inc. No, it’s not an environmental company – is a marijuana producer. They have designs of transforming the town into a stoner’s paradise. read more

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WND Exclusive – What Bezos isn’t buying enough of: Politicians

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There are two ways to develop a monopoly in America. One way is based upon capitalism, freedom and the free market.

This is the more transparent approach, but it also doesn’t have as much staying power, due to competition – the constant striving of others to build a better mousetrap, if you will. And despite what we think and are told, there is always a better mousetrap around the corner. This way is also much more difficult, for one has to remain on top of his game not only to achieve the goal of becoming a monopoly, but to maintain it. read more

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