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With Incomes At A Record High, Is The
Post-Financial Crisis Malaise Finally Over?

Investor´s Business Daily, by Staff

Original Article

Posted By:RockyTCB, 9/13/2017 7:59:28 AM

Growth: Buried amid a deluge of nasty news ranging from the growing North Korean nuclear threat to killer hurricanes hitting our coasts, the Census Bureau reports that median household income, a broad gauge of family financial well-being, hit its highest level ever last year. That´s another strong sign that the economy is trying to break out of its 10-year growth slump. The median household income last year was $59,039, up 0.7% from the previous record of $58,655 set in 1999, the year the dot-com boom went bust. Real median incomes for married households with both spouses working soared to $106,000

      


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Most Recent Articles posted by "RockyTCB"

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Most Active Articles (last 48 hours)




Most Recent Articles posted by "RockyTCB"



Medicaid Innovation Should Be
Based On Competition And Choice
Investor’s Business Daily, by Steve Forbes    Original Article
Posted By: RockyTCB- 11/10/2017 7:01:01     Post Reply
Thirty-two states expanded their Medicaid programs under ObamaCare, largely to the praise of the media and progressive policymakers. Medicaid was always bad policy — the program generates worse patient outcomes the more the government pays — but the governors who chose expansion are only now learning what a mistake they made. The negative human impact and economic costs of unchecked expansion of Medicaid is becoming clear, and state leaders are now left grappling with increased costs, finite resources and hard decisions. One such state is Massachusetts, where the state´s previous governor, Deval Patrick, greatly expanded Medicaid eligibility, seemingly without regard to what

   

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Who´s Afraid Of The Big, Bad Chinese Trade Deficit?
Investor’s Business Daily, by Staff    Original Article
Posted By: RockyTCB- 11/10/2017 6:58:37     Post Reply
Trade: During President Trump´s trip to China, the U.S. scored some $250 billion in deals for such major companies as Boeing, General Electric and Qualcomm. It´s a nice haul, but Trump´s time in China would better be spent reducing barriers to trade overall. China´s commerce minister, Zhong Shan, perhaps engaging in a bit of political hyperbole, hailed the deals as "truly a miracle." Of course, we´re always happy to see an American firm win orders overseas, but not if the orders are part of a political arrangement — rather than part of the free flow of goods and capital between nations. The

The TSA Flunks Yet Another
Airport Security Test; How Many
More Chances Will It Get?
Investor’s Business Daily, by Staff    Original Article
Posted By: RockyTCB- 11/10/2017 6:57:12     Post Reply
Airport Security: Anyone standing in an endless security line at the airport can at least take comfort in the fact that it´s keeping air travel safe. Right? Wrong. It turns out that the government-run TSA repeatedly fails to do its job properly. ABC News learned this week that undercover agents from Homeland Security were able to sneak weapons and other banned objects through TSA checkpoints most of the times they tried. The findings are classified, but when ABC asked its source whether the failure rate was 80%, the source said "you are in the ballpark." The news prompted Rep. Mike Rogers to

Black-On-Black Racism At Cornell
Investor´s Business Daily, by Larry Elder    Original Article
Posted By: RockyTCB- 11/9/2017 8:21:33     Post Reply
A Rasmussen poll taken in 2013 asked American adults, "Are most white Americans racist?" "Are most Hispanic Americans racist?" and "Are most black Americans racist?" Of the three groups, the winner was blacks. Thirty-seven percent said most blacks were racist; 18% felt most Hispanics were racist; and 15% said most whites were racist. Thirty-eight percent of whites felt most blacks were racist. Even blacks agreed, with 31% saying most blacks were racist, while 24% of blacks thought most whites racist and 15% believed most Hispanics were racist. This brings us to the Cornell University´s Black Students United and whether the organization is engaging

GOP´s Loss Was A Real Wake-Up
Call — Will They Answer It?
Investor´s Business Daily, by Staff    Original Article
Posted By: RockyTCB- 11/9/2017 8:20:26     Post Reply
Election 2018: No question about it, the GOP took a real shellacking in Tuesday´s off-year vote, losing key elections in Virginia, New York and New Jersey. Republicans have been put on notice for 2018: Do your job, or go home. Democrats ran what was for them a smart but unprincipled, bare-knuckled campaign. They smeared moderate Republicans as racists and white-power advocates, while largely avoiding making their campaigns about issues. It worked: They won 16 seats in the Virginia legislature and the state´s governorship, re-elected a failed socialist mayor in New York, and took back New Jersey´s gubernatorial mansion from departing Republican

Dump The ObamaCare Calorie Rule,
And Put Big Gov´t On A Diet Instead
Investor´s Business Daily, by Staff    Original Article
Posted By: RockyTCB- 11/9/2017 8:17:22     Post Reply
Regulations: Few people following ObamaCare paid any attention to section 4205 of the law, which requires chain restaurants and vending machines to post calorie labels. But this little-noticed provision is a testament to the folly of central planning. This Tuesday, the FDA released a "guidance document" on its calorie count regulations that is meant to help restaurants, delis, pizza joints, buffets and the like figure out how to comply with this ObamaCare mandate. All it did was show how ridiculous the whole effort is. Democrats added the calorie mandate to ObamaCare on the assumption that forcing restaurant chains to put

   

 

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The Dems´ Tax Demagoguery
Investor’s Business Daily, by Betsy McCaughey    Original Article
Posted By: RockyTCB- 11/8/2017 6:17:31     Post Reply
Senate Minority Leader Chuck Schumer and the Democratic Party are trying to torpedo the biggest tax cut since 1986. Schumer accuses GOP tax cutters of "messing up the good economy the president inherited from President Obama and hurting the middle class." The senator must think we´re stupid. The Obama economy wasn´t "good." It was lousy, sputtering along at a pathetic 2.1%, far below the 3.8% norm for this nation. Who got clobbered? The middle class, who had to settle for almost no increase in wages and disappointing job prospects. The Tax Cut and Jobs Act, unveiled by House Republicans on Thursday,

Unhappy Birthday: Communism´s Tragic Centenary
Investor’s Business Daily, by Staff    Original Article
Posted By: RockyTCB- 11/8/2017 6:14:28     Post Reply
Marxism: One hundred years is a long time, certainly long enough to know whether something works. In the case of communism, now passing its 100th year as a political system, it´s safe to say it has had its chance and now ranks as one of the greatest disasters of all humankind. Tuesday marked the day the Bolsheviks overthrew Russia´s czar and the elected government, leading to the first communist "nation," the Soviet Union. Eventually, billions of people in Eastern Europe, Asia, Africa and Latin America would be enslaved by this oppressive system. Yes, the Soviet Union disappeared in 1991, a victim, as

Why Calling Electric Cars ´Zero
Emission´ Is Blatantly False Advertising
Investor’s Business Daily, by Staff    Original Article
Posted By: RockyTCB- 11/8/2017 6:05:42     Post Reply
Environment: If truth-in-advertising laws were properly enforced, any company that labeled a battery-powered car as "zero emissions" would be guilty of breaking the law. A new report, in fact, shows that electric cars can be worse than conventional cars when it comes to greenhouse gas emissions. In a recent news release, General Motors (GM) said it planned to someday be an all-electric "zero emissions" car company. Toyota (TM) says it wants all its cars to be "zero emission" by 2050. Other car companies are making similar promises. The push to go electric is largely being driven by fears about global

1 Year After Trump Election — Less Stress,
More Hope, But Low Approvals: IBD/TIPP Poll
Investor’s Business Daily, by John Merline    Original Article
Posted By: RockyTCB- 11/7/2017 7:13:56     Post Reply
One year after his surprise victory in the 2016 elections, President Trump´s approval rating remains mired in the mid-30s, while half the public say he has met or exceeded their expectations as president, according to the latest IBD/TIPP Poll. The poll also finds that the public´s outlook has improved on a variety of measures in the past year. The November poll asked people whether the Trump presidency so far has met, exceeded or fallen short of expectations. Forty percent say Trump has met their expectations and 10% say he´s exceeded them; 46% say Trump has fallen short of what they

Americans Fear North Korean
Nuclear Attack: IBD/TIPP Poll
Investor’s Business Daily, by Staff    Original Article
Posted By: RockyTCB- 11/7/2017 7:01:03     Post Reply
North Korean Nukes: Why did President Trump suddenly go wheels-up on a grueling, 12-day Asian tour? As new polling data suggests, it might be because North Korea has suddenly emerged as a major nuclear threat in the eyes of most Americans. In the November IBD/TIPP Poll, taken from Oct. 26 to Nov. 3, 73% said they were "very concerned" or "somewhat concerned" about the "possibility of a nuclear attack by North Korea against the U.S. or its allies." The national poll of 917 adult Americans has a margin of error of +/-3.7 percentage points. Recent news developments no doubt feed this growing

   

 

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The GOP´s Boneheaded ´Bubble´ Tax
Will Pave The Way To Higher Tax Rates
Investor’s Business Daily, by Staff    Original Article
Posted By: RockyTCB- 11/7/2017 6:53:39     Post Reply
Tax Reform: In the House Republicans´ tax cut bill, there´s an odd 45.6% "bubble" tax rate that kicks in for millionaires. If history is any guide, this bubble will soon become the foundation for future tax hikes. The bubble tax is basically an attempt to take away the initial 12% tax bracket from wealthy taxpayers. Under the House plan, a family making between $1.2 million and $1.6 million would pay a 6% surcharge on income in that range, on top of the 39.6% rate they´d already face. That way, the tax cut will be more "fair." Remember: The original plan would cut



Most Active Articles (last 48 hours)



Saving Roy Moore Isn’t Worth It
66 replie(s)
National Review, by Jonah Goldberg    Original Article
Posted By: Dreadnought- 11/9/2017 8:32:54 PM     Post Reply
I argued that conservatives should disassociate themselves from Roy Moore and denounce him weeks before credible allegations surfaced today that he preyed on teenage girls, one only 14 years old. So I’m pretty locked-in. I suppose it’s good that some Republicans see this as a bridge too far. But it’s a little hard for me to focus on that upside when you think about what they considered to be acceptable until now. Still, it’s good to know where the line is. You can set up shady charities for profit. You can call for religious tests and champion theocracy. You can
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Mitt Romney blasts Roy
Moore as ‘unfit for office’

43 replie(s)
Washington Times, by Cheryl K. Chumley    Original Article
Posted By: Ribicon- 11/10/2017 5:54:17 PM     Post Reply
Former Massachusetts governor and failed president candidate Mitt Romney took opportunity to weigh in on the whole Roy Moore matter — the one that finds him ensnarled in a web of allegations of sexual improprieties with underage and young girls — and call for the former Alabama judge to immediately “step aside” and abandon his Senate aspirations. No need to wait on proof. To Romney, the allegations are bad enough. “Innocent until proven guilty is for criminal convictions, not elections,” he said, The Hill reported. (Snip) Indeed, Several other Republicans have come forward to say or suggest the same as

Roy Moore declines to debate Dem opponent
36 replie(s)
The Hill [DC], by Julia Manchester    Original Article
Posted By: Pluperfect- 11/10/2017 4:22:03 AM     Post Reply
Alabama Senate candidate Roy Moore (R) has turned down an opportunity to debate his opponent, Doug Jones (D), because the differences between the two candidates are "crystal clear," according to Moore´s campaign. "While we appreciate the invitation from WHNT, the differences between the two candidates are crystal clear," Moore´s campaign chairman, Bill Armistead, said in a statement to WHNT-TV in northern Alabama. The CBS affiliate said on Wednesday that Moore´s campaign had declined to debate Jones, adding that the station would have allowed both campaigns to agree on a preferred format and offered six potential dates between Nov. 27 and Dec. 7. "We

Over 100 layoffs expected at ESPN
after Thanksgiving, SportsCenter
will reportedly be ´hit hard´

33 replie(s)
New York Daily News, by Brett Bodner    Original Article
Posted By: NorthernDog- 11/9/2017 6:23:18 PM     Post Reply
Following a year of layoffs, ESPN is expected to have another round after Thanksgiving. Over 100 staffers could lose their jobs in the layoffs, including positions on the television side, producers, executives and those in digital and technology, according to Sports Illustrated. SportsCenter is expected to be "hit hard" and some on-air talent could be out of a job. ESPN declined to comment to Sports Illustrated about the looming job cuts. Layoffs have been occurring at ESPN multiple times throughout the last two years. In October 2015, the company laid off over 300 employees and this past April over 100
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LGBT characters on U.S.
TV at record highs

33 replie(s)
Reuters, by Staff    Original Article
Posted By: KarenJ1- 11/10/2017 7:24:05 PM     Post Reply
LOS ANGELES - The number of lesbian, gay and transgender characters on U.S. television shows have reached record highs, and campaign group GLAAD said on Thursday that their stories were more important than ever given moves in the United States to roll back LGBT acceptance. In it annual report on diversity on the small screen, GLAAD found 329 regular and recurring LGBTQ characters across all broadcast, cable and streaming TV platforms, including the first asexual and non-binary characters. GLAAD president Sarah Kate Ellis said TV was a critical place for the portrayal of LGBTQ characters and their lives. “At a

NRSC cuts fundraising ties with Roy Moore
32 replie(s)
Washington Examiner, by Gabby Morrongiello    Original Article
Posted By: JoniTx- 11/10/2017 5:01:48 PM     Post Reply
The Republican Party´s Senate campaign apparatus has severed ties with Roy Moore, a day after the Alabama Senate candidate was accused of engaging in sexual contact with a 14-year-old girl when he was in his early 30s. According to Federal Election Commission records, the National Republican Senatorial Committee removed itself Friday from a joint fundraising agreement with Moore´s campaign. The Alabama Republican Party and the Republican National Committee still belong to the agreement. NRSC Chair and Colorado Sen. Cory Gardner called the allegations against Moore "deeply troubling" after the Washington Post broke the story on Thursday. "If these allegations are

Former Asst. FBI Director: Clinton
Crimes 20 Times Bigger than Watergate

32 replie(s)
PJ Media, by Debra Heine    Original Article
Posted By: Pluperfect- 11/11/2017 4:35:48 AM     Post Reply
Former Assistant FBI Director James Kallstrom unloaded on James Comey, Robert Mueller, Hillary Clinton, and Barack Obama Thursday, charging that major crimes "20 times bigger than Watergate" are being swept under the rug while Attorney General Jeff Sessions "is in a coma." Appearing on Fox News´ Varney & Co., Kallstrom told the host that it "was obvious to anybody that knows anything" that former President Barack Obama was not going to let James Comey indict Clinton. "It turns out -- unfortunately -- he was a political hack," Kallstrom said flatly. "I think he maybe started out in an honorable way.

Alabama Woman Claims WaPo Reporter
Offered Her $1000s to Accuse Roy
Moore of Sexual Abuse!!

31 replie(s)
Gateway Pundit, by Jim Hoft    Original Article
Posted By: KarenJ1- 11/10/2017 1:39:36 PM     Post Reply
This is just a report at this time— We will post any updates—(Snip) A Navy veteran who served 22 years for his country and then served in the Secret Service claims a family friend who lives in Alabama told his wife that a Washington Post reporter “named Beth” approached her and offered her THOUSANDS to accuse Judge Roy Moore of inappropriate sexual advances! Of course this is HUGE news if true. Doug Lewis #MAGA @umpire43 A family friend who lives in Alabama just told my wife that a WAPO reporter named Beth offered her 1000$ to accuse Roy Moore???? 7:35 PM - Nov

Alabama ABC Affiliate Can’t Find
One Voter Who Believes WaPo
Report About Roy Moore in
Man-on-the-Street Segment

31 replie(s)
Breitbart, by Jeff Poor    Original Article
Posted By: ScarletPimpernel- 11/11/2017 12:51:02 AM     Post Reply
During a segment that aired on Friday’s broadcast of Birmingham, AL ABC affiliate WBMA 33/40’s 5 p.m. local news, political reporter Lauren Walsh sought out voters in Columbiana, AL to gauge their reactions to the Washington Post report that alleged Republican U.S. Senate hopeful Roy Moore engaged in inappropriate conduct with four teenage girls more than 34 years ago. None of the respondents according to Walsh told her they believed the Post’s reporting. “It’s hard to believe the events that transpired yesterday,” Gordon Fluker of nearby Wilsonville, AL said to Walsh about the Washington Post report. Fluker’s response was the

   

 



 
Roy Moore response shows GOP deserves to die
31 replie(s)
USA Today, by Max Boot    Original Article
Posted By: Pluperfect- 11/11/2017 4:16:41 AM     Post Reply
You may have thought that Republicans had sunk as low as they could possibly go last year when they nominated for the presidency a man who was singularly unfit, morally and mentally, for that post. But, no, once you start racing to the bottom you never quite stop. There is always another level of degeneracy to be plumbed. Enter Roy Moore, the Republican Senate candidate in Alabama. He believes that “homosexual conduct should be illegal” and that Muslims should not be permitted to serve in Congress. Now the Washington Post reports that this fearless crusader for “traditional values” had a habit

Susan Collins calls on Roy Moore to
‘step aside’ if he abused underage girls

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Bangor Daily News (ME), by Staff and wire reports    Original Article
Posted By: MainelySane- 11/11/2017 7:57:54 AM     Post Reply
Susan Collins took to Twitter on Thursday to direct a GOP Senate candidate to quit the race if allegations against him turn out to be true.Republican Senate candidate Roy Moore, a 70-year-old former state Supreme Court justice, defiantly denied allegations of decades-old sexual misconduct with minors published Thursday in a Washington Post story. The revelations, a month before the Dec. 12 special election, triggered a sharp backlash from would-be Republican colleagues on Capitol Hill, who called on Moore to quit the race if the allegations were true.

Monumental McCain hypocrisy on Roy Moore
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American Thinker, by Thomas Lifson    Original Article
Posted By: ScarletPimpernel- 11/10/2017 2:41:47 PM     Post Reply
I am really sorry that John McCain suffers from a brain affliction, but he continues to play an active role in politics, and so I must call him out when he does something really outrageous. Yesterday, Sen. McCain called on Judge Roy Moore to "immediately step aside" after unproven allegations of sexual impropriety were published in a liberal newspaper. No waffling about "if true..." That is a standard Senator McCain did not apply to himself under similar circumstances. During his 2008 presidential bid, the New York Times published a story alleging sexual misconduct with a female lobbyist. McCain fought it.

   

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