A Prescription for Unrest

Scott Grannis writes in his blog, Calafia Beach Pundit, Too much poverty, or too much aid? excerpts: In 1970, the population of the U.S. was just over 200 million. Today it is approaching 320 million. When the food stamp program (SNAP) started in 1970, it covered...

When All Else Fails….

from Scott  Grannis at The Calafia Beach Pundit, Why the Global Gloom: excerpt: Despite all the gloom out there, and despite all the disappointment, there is reason to be optimistic. If we’ve learned anything in the current recovery it’s that 1) fiscal...

Raising the Price of Exit

from Scott Grannis from Calafia Beach Pundit, Obama’s attempt to block tax inversion is a mistake; As the WSJ article notes, it’s still questionable whether the administration has the authority to block inversions via executive order. But in the meantime,...

Flushed Down the Keynesian Drain

from Scott Grannis in his blog The Calafia Beach Pundit, What happened to all the profits? excerpts: Here’s the failure in a nutshell: The government can’t stimulate the economy by borrowing from Peter and sending a check to Paul, because that...

The Myth of Government Spending

from Scott Grannis at Calafia Beach Pundit, Taxes Don’t Lie excerpt: As a supply sider, I don’t see the logic behind the theory that more government spending is stimulative and less is restrictive. How can taking money from those who are working and giving...