Category Archives: Economics

Going Postal

Inspired by the lengthy list of angry postal workers who shot at the boss, the headlined phrase above is an expression denoting an act of vengeful violence against an oppressor in the workplace. But in a few years, “Going Postal” could take on quite another meaning: going totally bankrupt; begging for a bailout; grasping atRead More

Missing The Bus

Up until now I hadn’t given the much ballyhooed New Britain-to-Hartford Busway much thought. I figured since it was a busway and not a railway, then surely it wouldn’t cost as much as high-speed rail — that great boobdoggle which I’ve mercilessly attacked in the past. But lo and behold, I read in CTNewsJunkie.com thatRead More

Frank the Baker: Throwing Stones From Portland

Click here for my latest at CTNewsJunkie.com. Fresh from Portland’s famous quarries comes Frank the Baker — Connecticut’s answer to Joe the Plumber — hurling rocks at state lawmakers for making his life as a businessman miserable. Does he have a point? Sure. That said, most businessmen do have the annoying habit of complaining even whenRead More

The Incoherence of Occupy Wall Street

Get a load of this video taken by Reason.tv of an Occupy Wall Street demonstration. Now, you must understand that Reason magazine is a libertarian-leaning organization, so I’m sure there was a certain amount of bias in the editing and selection of clips that went into the 6-minute video. Still, some of the demands areRead More

Cuomo-Malloy: Peas In Different Pods

Yet more evidence that Andrew Cuomo has hit the ground running and is doing a commendable job of governing what is, in some ways, an ungovernable state. Tom Dudchik’s CT Capitol Report (the closest thing we have to the Drudge Report in Connecticut) this morning carried a linked headline proclaiming “High tech to invest $4Read More

Whither Labor?

Click here for my latest for CTNewsJunkie.com: “Whither Labor? Withering on the Vine?” What kind of future does organized labor have in this country and in Connecticut specifically? I don’t think it’s particularly bright and the unions themselves are partly to blame. Too often there is a failure on the part of public sector workersRead More

Money for Nothin’, Loans For Free

Click here for my latest for CTNJ. Gov. Malloy’s crony capitalism program offering tax cuts and subsidies might save some jobs and create a few more. However, it doesn’t address the systemic problems with Connecticut’s business climate. But rather than bribe corporations to stay in Connecticut and create a few hundred jobs here and there,Read More

Through No Default Of Our Own

After watching the spectacle of the last few weeks of a handful of radicals pummeling a weakling president over raising the federal debt ceiling to avoid a possible default, like most Americans, I shook my head in disbelief. Then I began to wonder what I would suggest to solve the problem. As I’ve written before,Read More

‘An Unhappy Birthday’

My favorite economics writer, Robert Samuelson, has written a terrific but depressing column on the occasion of this nation’s 235th birthday. And it feeds right into the prevailing narrative of this blog. Republicans and Democrats are not getting the job done. As Samuelson sees it, Democrats are “reactionaries” in refusing to face up to theRead More

Laboring To Defend The Indefensible

In my days a commentator, I’ve written a lot about overreaching government. But right now I’m hard pressed to think of any recent example of government tyranny that exceeds what the National Labor Relations Board is doing to Boeing. The NLRB has filed a complaint against Boeing alleging the company has engaged in illegal retaliationRead More