Tag Archives

Archive of posts published in the tag: Scott Grannis

Raising Revenue vs Raising Tax Rates

  Scott Grannis writes in his blog,  Calafia Beach Pundit, Higher taxes on the rich would barely dent the deficit, 11/13/12. Excerpts:  … boosting taxes for the wealthiest 2 percent would bring in $58.1 billion in fiscal year 2013, according…

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Free Cheese in Every Mousetrap

Scott Grannis wrote in his blog, Calafia Beach Pundit, ObamaCare: punitive marginal tax rates on the poor, 4/8/2009. Excerpt: According to the CBO, for families earning at the poverty line in 2016 ($24,000), government subsidies for healthcare insurance would be…

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An Organic Entity

George Gilder writes Unleash the Mind in National Review.  It is from his soon to be released update of his classic Wealth and Poverty. ( I have already preordered on Amazon.) Excerpt: America’s wealth is not an inventory of goods;…

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Is Class Warfare a Form of Prejudice?

We commonly think of a prejudice as “unreasonable feelings, opinions, or attitudes, especially of a hostile nature, regarding a racial, religious, or national group” but it can also mean “an unfavorable opinion or feeling formed beforehand or without knowledge, thought, or reason.” While the relatively wealthy are not specifically racial, religious or national by definition, the thought process behind the statements made belies a very similar…

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Wasting Productivity

Economist Scott Grannis writes in his excellent blog, Calafia Beach Pundit Thoughts on Why Real Growth Has Been Disappointingly Slow, 4/27/12. Excerpts: As a corollary, while central banks have the ultimate control over our inflation destinies, they have very little…

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An ACA Reader

There is an overwhelming amount of words written on the ACA ruling. A few that stand out so far: Scott Grannis at Calafia Beach Pundit, The fatal flaws of Obamacare, 6/28/12. Fatal flaw #3: A government-imposed restructuring of the healthcare…

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Too Much Government for Sale

One of my favorite economics bloggers is Scott Grannis who writes Calafia Beach Pundit.  On Febuary 10, 2012 Scott wrote Obama: America’s Peron, comparing some of the policies of this administration with the policies of Peron during a period in Argentina…

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Growth is Not Made in Washington

Economist Scott Grannis hits a home run in his blog, Calafia Beach Pundit in The natural forces of recovery, 3/28/12 This post is worthy in every sentence and is hard to excerpt.  Please read it in its entirety. Still, excerpts: Businesses have cut…

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A Time for Honesty on the Banking Crisis

Tim Geithner scolded  Wall Street for its complaints about excess regulation in his Wall Street Journal editorial Financial Crisis Amnesia, March 1, 2012.  In Forbes columnist Charles Kadlec responds in Tim Geithner Covers for Corruption on Pennsylvania Avenue,  3/5/12. Excerpt: But, the culpability of…

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The Whole Picture on Tax Rates

Scott Grannis writes in his blog Calafia Beach Pundit, Effective Tax rates are Highly Progressive, 1/19/12.

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Retail Strength

Economist Scott Grannis writes in his blog Calafia Beach Pundit – Retail Sales and Supply side economics. 10/14/11 Excerpt: The continued strength in retail sales also shows that consumers in aggregate can spend more even as they deleverage. In the chart…

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Prosperity, Demand, and Supply

Economist Scott Grannis writes in his blog Calafia Beach Pundit – Retail Sales and Supply side economics. 10/14/11 Excerpt The reason Obama’s “stimulus” plans haven’t worked is that in grand (and mistaken) Keynesian tradition, they have focused on stimulating demand,…

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A Demand for Security

Scott Grannis writes in his blog Calafia Beach Pundit (highly recommended) – Money Supply and Panic Update – 9/9/11. Excerpt: And what does all this tell us? One: If the supply of dollars is not rising faster than the demand for…

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The Emperor Has no Clues

from Scott Grannis in today’s Calafia Beach Pundit,  A Genuine Selling Panic Adding to the panic, I believe, is the perception that the White House is clueless. Obama’s speech earlier today was abysmal. Once again he blamed Republicans and the…

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Liquidity is Not the Problem

Scott Grannis at Calafia Peach Pundit writes Thoughts on Inflation and Growth August 3, 2011. Excerpt: Finally, this analysis also suggests that the Fed is going to find it very difficult to justify another round of quantitative easing. There’s too…

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An Elephant in the Room

Scott Grannis, one of my daily go-to economic bloggers, write in his Calafia Beach Pundit–  The Failure of Keynesian pump-priming 6/30/11 Excerpt: Spending is the elephant in the living room, and it needs to be cut back sharply. Government spending doesn’t…

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On the June Unemployment Shock

A few PhD economic bloggers I respect have forecasted a slow recovery but an improvement in employment numbers.  Based on my view from my small corner of the world I have remained skeptical.  Many small business people have remained reluctant…

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Closing the Curtain on Keynes ?

Scott Grannis, one of my daily go-to economic bloggers, write in his Calafia Beach Pundit–  Why Can’t We Cut Our Way to Prosperity? Excerpts: He might do well to consider the record of the Clinton administration. As these charts show,…

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How Not to Grow the Economy

Economist Scott Grannis in Calafia Beach Pundit (a recommended daily read) writes “Why The Recovery Continues to be Subpar”  (May 27,2011): excerpt: Monetary “stimulus” that involves very low short-term interest rates and lots of bond purchases can’t create growth out…

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Where True Growth Originates

Economist Scott Grannis writes in his excellent blog, The Calafia Beach Pundit, Coach Obama still doesn’t understand the game. Excerpts: If he learned anything in the past two years, it was that the public doesn’t like the concept of stimulus…

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