Month: December 2014

From politico: The strengthening economy — and an improving government fiscal picture — has already transformed the political conversation in Washington. The kind of federal debt and deficit scolding that helped drive the tea party movement to power is now significantly less potent. While the longer-term deficit picture remains bleak with the expected glut of… Continue reading Strong Economy Bodes Well For Neoconservative Resurgence

2014 has been a terrible year for the social justice warriors, and it just keeps getting worse. Let’s take a look at recent SJW defeats: UVA Rape Scandal (Rolling Stone story quickly debunked, SJW coalition takes irreparable credibility hit.) Gamergate (Overall internet consensus favors the gamers) Shirtgate (Like gamergate, internet commentators overwhelmingly sided with science… Continue reading 2014 – An Awful Year For The SJWs

From Ycombinator’s Paul Graham, Let the Other 95% of Great Programmers In This agrees with an article awhile ago about how in a meritocracy, as epitomized by the USA, we should not limit our labor options. I give the example of a hypothetical string theory simulator that only one in a million people is smart… Continue reading Let the Other 95% of Great Programmers In

From Slate Magazine: The Obama Boom Should Republicans congratulate President Obama on a job well done and leave it at that?Photo by Brendan Smialowski/AFP/Getty Images Having come of age in the late 1990s, when the American economy was the envy of the world, the past half-decade has been a dispiriting slog. So, while I’ve learned… Continue reading The Obama Boom? More Like the Bush Boom

2014 was a year you could have sleptwalked through without really missing anything. It was a year of minutia amplified by the megaphones of media manufactured outrage and fear. Putin invading Crimea was supposed to be World War 3. Ebola was supposoed to the next next Black Death. Wealth ineuality was supposed to doom the… Continue reading 2014 Year in Review – Much like 2013

Finally someone tells these college bubble heads to put up or shut up: I’d like to take this opportunity to triple-dog-dare Peter Thiel For years, the left has insisted that college, like the stock market and housing, is a giant bubble that is on the verge of popping. Like many predictions of doom and collapse,… Continue reading Why There is No College Bubble

As anyone who reads this blog knows, I’m emphatically bullish about America, its economy, and the stock market. To bet against America means betting against the best and brightest individuals that comprise it. It means betting against Web 2.0, high-IQ people, MIT & Caltech, competent policy makers, the tireless consumer, exports, favorable demographic shifts, and… Continue reading Countering Bearish Arguments

Why the US economy is doing great: GDP growth back to 90’s and 00’s rate record high exports record high consumer spending record consumer credit record profits and earnings stringent lending standards and less borrowing for home ownership: fed never raising interest rates again (or at least not for a loooong time) flat wage growth… Continue reading Why the US Economy is Doing Great or Bad (depending on how you look at it)

In the span of just two days, the S&P 500 has gained a staggering 4% – the largest 2-day gain since 2011. Regarding the fundamentals of the US economy, between 2009 and now nothing has changed except higher stock prices and fatter earnings: interest rates still never going up again and consumer spending can’t be… Continue reading Stocks Rocket Higher; Biological Determinism Bull Market Can’t Be Stopped