Below you'll find a list of all posts that have been categorized as “Economics”
Why are our taxes so high? Bureaucracy is a good answer. But the UC system shows that the bloated salaries of government employees make bureaucracy cost so much more. In 2014, 28 UC employees earned more than $1 million each. These employees included a basketball coach, football coach, and obstetrician, each of whom earned over $2 million. Excluding the UC …
Greece is currently in a fiscal crisis. How did it get here? Greece’s debt was about 75% of the country’s GDP levels 25 years ago. In 2012, the debt levels approached 156% of the country’s GDP. Now, in 2014, Greek debt levels are 177% of national GDP, and the country has been considering defaulting on its loans. While Greece has …
Proposition 13 is under attack. If you live in California, you should be very worried. The first casualty of this assault is business and apartment owners… easy targets, small in number. And if the Sacramento politicians get their way, expect to see: Increased property taxes for businesses from $6 billion to $10 billion a year. 396,345 jobs lost over the …
You and your family are making less money…and some readers are unemployed or underemployed because of regulations. It’s a hidden tax you don’t see… but you do pay – big! Unnecessary regulations plague every business owner – and impact you. Some 2,400 regulations are estimated to cost more than $790 billion. It’s estimated 512 million hours are filling out mandatory …
Are the official employment and inflation figures lies? Steve Wynn thinks so, as do many business owners, employees, retirees and the unemployed. He said, “Well, the idea that America is in the midst of a great recovery is pure fiction. It’s a lie. It’s not true. “It’s a jobless recovery because recoveries are marked by the amount of real employment. …
Technology is outflanking the regulators and destroying unnecessary laws that create monopolies and protect businesses allied with politicians. HERE IS A 4 MINUTE VIDEO WITH STEVE FORBES ON UBER AND OTHER FREE MARKET INNOVATIONS. Then call me at 310-212-5727 or email me at [email protected]
Ultra liberal politicians are causing 5.5 companies to leave California every week. Let me give you an example: California Assemblyman Muratsuchi, of the South Bay lost over 5,000 Torrance, Ca Toyota jobs to Texas. Then, he loses hundreds of SpaceX jobs to Texas. Al Muratsuchi also tried to keep Elon Musk’s SpaceX facility in California. He failed again. Thousands of …
California has been voted most unfriendly state to do business in for more than 7 years. Between taxes and regulations we are chasing companies out of California at a rate of 5.5 a week. While most companies are small, Charles Schwab, Occidental Petroleum and Toyota are among the names of the big companies that have announced their leaving California. Examples of unintended …
Why? For the following reasons: • Former Reagan budget director David Stockman discusses whether or not there will be a market correction coming in the future. Watch Stockman’s prediction of the market crash ahead • Stockman also weighs in on Federal policy and the markets. The Federal Reserve has created a bubble–inflation and recession are ahead. Want to know more …
When will the bubble pop? The huge increase in the money supply by the Federal Reserve combined with deficit spending are creating an inflationary scenario that will be destructive to every family. Those on fixed incomes and those who are within the lower- to mid-income economic level will be hit the worst. Wherever I go to speak, I ask …
