TEA PARTY ECONOMIST

The TEA PARTY ECONOMIST Ron Paul's original staff economist, Dr. Gary North! Thursday, February 7, 2013

The Andromeda Strain, Yes. Jesus, No. Your Tax Dollars at Work. You have heard about the need for the separation of church and state. What about the separation of science and state? But science is neutral, we are told. Suuuuure it is. Scientists are impartial searchers of truth. Suuuuure they are. The space program above earth’s gravity is a Darwinist boondoggle. The money spent by the... READ MORE Dead Letter Office: USPS Cuts Services. Nobody Cares. When a profit-seeking firm sees that no one wants its services, it finds ways to lower prices and improve services. The United States Postal Service does what government agencies do: it raises prices and cuts services. In its press release announcing the cessation of Saturday delivery of mail in August, we learn the following. WASHINGTON... READ MORE Gov. Jindal Wants Sales Tax Revenue and No State Income Tax. Liberals Are Aghast. Sales taxes are flat taxes. Liberals prefer income taxes. Income taxes let tax collectors impose higher percentages on rich people. Voters like rich people to pay more. They themselves do not want to pay more. “Stick it to the fat cats” has been the voters’ cry ever since 1913, when the government announced — without... READ MORE New York Times Criticizes Obama’s Drone Murders. The New York Times ran an editorial criticizing Obama’s decision to authorize himself as the public executioner: jury, judge, and executioner. This editorial is amazing insofar as it is sensible. The paper argues that judges and Congress don’t have the right to rule on or interfere with decisions made in the heat of combat. Some... READ MORE The Luddites Among Us Gary North’s Reality Check Certain economic ideas that are both logically wrong and unsupported by historical facts, and which have been known to be wrong for 250 years, are still widely held. This annoys economists. There is something that seems inherent in men’s approach to thinking about their own wealth that persuades them that what... READ MORE Falling U.S. Birth Rate: We Are Turning into Europe. Birth rates are falling around the world. Japan was first. Then Europe. Then China. The U.S.A. was the hold-out. Now it has fallen below 2.1 children per woman–replacement rate. White, college-educated American women are down to 1.6 children. Mexican birth rates are way down. So are Mexican-American rates. Latin America is down. The immigrants kept... READ MORE Terror in Washington: The Piddly Sequestration On March 1, a piddly reduction of spending is scheduled to take place. It’s not $1 trillion. It’s $1 trillion over a decade. The annual deficit is running $1 trillion, as usual. The thought that there will be a piddly $100 billion in spending cuts and tax hikes has the President terrified. “We cannot cut... READ MORE Great Vacations for Homeschool Families A member of GaryNorth.com posted this on a forum. It makes a lot of sense. * * * * * * * * * * * * * * * * * * * * * * * Homeschool field trips Most of our “vacations” are trips to museums. Museums provide opportunities to expose... READ MORE The $154,000,000 High School. Did Your School District Build One? Maybe. Over 1,000 school districts and local government agencies have built projects with something called capital appreciation bonds. These are high-interest bonds that require no payments for 20 years — and then: Whammo! Huge payments for the next 15 years. Here is the story of a California school district that built a high school without voters’... READ MORE The Wisdom of Jennifer Lawrence, Age 21 I am a Jennifer Lawrence fan. I saw Winter’s Bone. I had never seen anything like it before. It was set in the rural Ozarks. I lived there. I never saw anything like that, but two counties over, north and east, such a subculture exists. There is a scene where she skins a squirrel. It... READ MORE