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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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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     Post Reply
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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Those New Uninsured Numbers Are
Not Good News For ObamaCare
Investor´s Business Daily, by Staff    Original Article
Posted By: RockyTCB- 9/13/2017 7:57:18     Post Reply
Health Care: On the surface, the Census Bureau´s report looks like another win for ObamaCare, as the uninsured rate dropped to 8.8% in 2016. But a close look shows that whatever gains ObamaCare was making are over. The Census report says that, overall, the number of uninsured dropped by 914,000 between 2015 and 2016. That pushed the uninsured rate down three-tenths of a percentage point. It´s being heralded as further evidence that ObamaCare is working, and that Republican efforts to dismantle the program are horribly misguided. But look inside the numbers. The gains last year were in two areas that have little

With Hurricane Irma, Private Volunteers —
Not Gov´t — Again Lead Way In Relief
Investor´s Business Daily, by Staff    Original Article
Posted By: RockyTCB- 9/12/2017 7:59:42     Post Reply
Helping Hands: As with Hurricane Harvey in Texas, Hurricane Irma has severely tested Americans´ generosity and willingness to help their fellow human beings in a time of need. And they have once again passed the test with flying colors. As cynical leftists rail about global warming and whether states that voted for President Trump actually deserve their fate, others less beholden to such anti-human ideas are willingly pitching in with money, skills and arm-power to help those stricken after Hurricane Irma slammed into Florida this week. Give the federal government its due: Its response has been competent and quick. FEMA has responded

Did Climate Change Cause
Hurricane Irma To Fizzle?
Investor´s Business Daily, by Staff    Original Article
Posted By: RockyTCB- 9/12/2017 7:58:08     Post Reply
Science: Perhaps the best indication that Irma failed to live up to its billing is the fact that the broad stock indexes — including insurance companies — rallied on Monday while various construction-related stocks took it on the chin. When can we expect to see stories about how global warming deserves the credit? There´s no question that Irma was and continues to be destructive. But there´s also no question that it was not nearly the storm it was predicted by all the experts to be. Last week, there was talk of massive destruction across the state, with damage estimates ranging up to

When Is A Scandal Not A Scandal?
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Investor´s Business Daily, by Staff    Original Article
Posted By: RockyTCB- 9/8/2017 6:51:32     Post Reply
Corruption: A sitting U.S. Senator is currently on trial for bribery, and if he´s found guilty it could have major political ramifications. Haven´t heard about this case? That´s because the Senator in question is a Democrat. A CNN story this week about the opening of the trial against New Jersey Sen. Robert Menendez noted that "Democrats are eager to avoid the subject of Menendez´s bribery trial." That headline would have been just as accurate if it said "Reporters" instead of "Democrats." Menendez in on trial for allegedly having sold his office in exchange for luxury vacations, private flights, and piles of campaign cash.

The Do-Nothing Republican Congress
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Investor´s Business Daily, by Staff    Original Article
Posted By: RockyTCB- 9/7/2017 9:21:43     Post Reply
Agenda: Less than two weeks after Hurricane Harvey made landfall, the House passed an $8 billion bill to help the Houston region recover. So Republicans in Congress can get things done quickly, just not when it comes to enacting a conservative agenda. At a retreat for Republican lawmakers back in January, Sen. Majority Leader Mitch McConnell and House Speaker Paul Ryan laid out an ambitious agenda they planned to achieve in their first 200 days — before the Senate would go on its monthlong break in August. They would: Repeal and replace ObamaCare, pass a sweeping tax reform, fund the border wall,

   

 

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Dumping DACA, And Critics Freak Out
Investor´s Business Daily, by Staff    Original Article
Posted By: RockyTCB- 9/6/2017 8:13:42     Post Reply
Rule Of Law: What happens when the president of the United States decides to uphold the Constitution´s separation of powers and appropriately defers to Congress on immigration law? If his name is Donald Trump, everyone has a nervous breakdown. At a news conference on Tuesday, Attorney General Jeff Sessions announced that President Trump was rescinding Obama´s "Deferred Action for Childhood Arrivals," an executive order that let young people in the country illegally apply to get a renewable two-year work authorization and other benefits, including participating in Social Security. Obama enacted DACA in June 2012 after Congress failed to pass immigration reforms he

Trump´s Approval Rating Climbs After
´Terrible´ August; Most Say Confederate
Statues Should Stay: IBD/TIPP Poll
Investor´s Business Daily, by John Merline    Original Article
Posted By: RockyTCB- 9/6/2017 8:02:34     Post Reply
President Trump´s approval rating hit 38% in the latest IBD/TIPP poll after what pundits routinely described as a terrible month for the president. While still low, that represents a six-point gain over the previous month. Regionally, Trump´s gains were strongest in the South, where his approval jumped 13 points to 48%. He firmed up support among Republicans as well, with an 8-point increase to 79%. He gained 14 points among those with a high school education, 10 points among conservatives, 7 points with white men, and 4 points among those living in rural parts of the country. What´s more, Trump gained 12%

No, Michael Mann, Global Warming Didn´t
Cause Hurricane Harvey´s Devastation
Investor´s Business Daily, by Staff    Original Article
Posted By: RockyTCB- 9/1/2017 7:21:14     Post Reply
Global Warming: When a controversial climatologist claims Hurricane Harvey´s brutal downpour that devastated Houston is a result of global warming, it warrants examining the claim. We have, and it appears baseless. But that won´t stop climate-change extremists from making that claim again in the future. First, a little background. Penn State meteorology professor Michael Mann has gained dubious renown for something no scientist desires: fiddling with data, and getting caught. In this case, it was temperature data. Mann´s famous "hockey stick" rendition of temperature and climate changes makes it appear as if temperatures began rising sharply in the 19th century as carbon

Democrats Embrace A Single-Payer Plan That's
Radical Even By Communist China Standards
Investor´s Business Daily, by John Merline    Original Article
Posted By: RockyTCB- 9/1/2017 7:05:09     Post Reply
Sometime in September, Sen. Bernie Sanders plans to unveil his "Medicare for all" bill, which would have the government pay 100% of the nation´s entire health care costs. Sanders, like all of his kindred single-payer advocates, claims that every other industrialized country in the world provides guaranteed universal coverage, and has lower health costs and better health outcomes as a result. But what Sanders and Co. never, ever, say is that those countries also require their citizens to pay a far bigger share of health care dollars out of pocket than the U.S. does today, or that most of them

Google Goes From Left-Wing
Hero To Goat Overnight
Investor´s Business Daily, by Staff    Original Article
Posted By: RockyTCB- 9/1/2017 6:52:01     Post Reply
Corporate Politics: Wasn´t it just a few weeks ago that the left was cheering Google for firing an employee who dared to question the company´s liberal orthodoxy? Now the company is getting battered by the same crowd for allegedly causing a critic to be fired from a think tank. Shortly after the European Union announced a $2.7 billion fine against Google (GOOGL) in late June for supposed antitrust violations, a scholar at the liberal New America Foundation posted a statement praising the decision. The EU, wrote Barry Lynn, who directed the foundation´s Open Markets program, "is protecting the free

   

 

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Can Salesman Trump Close The
Deal With Americans On Tax Reform?
Investor´s Business Daily, by Staff    Original Article
Posted By: RockyTCB- 8/31/2017 7:13:57     Post Reply
Tax Reform: It´s been clear from our economy´s near-decade of underperformance that the U.S. is badly in need of a fiscal shot in the arm in the form of tax reform and tax cuts. After his speech to factory workers in Springfield, Mo., on Wednesday, President Trump has made it clear he expects Congress to do something big. Calling on Congress not to miss a "once-in-a-generation opportunity," Trump pushed for a massive tax overhaul that, he promised, would cut loopholes and simplify the tax code from its current labyrinthine complexity into one that is "simple, fair and easy to understand." "It´s time



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