Showing posts with label Ronald Reagan. Show all posts
Showing posts with label Ronald Reagan. Show all posts
Saturday, July 5, 2025

SPX since August 2000 continues to underperform the pre-Reagan era by almost 20% in real terms, the Reagan bull market era by almost 68%

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SPX 8/2000-5/2025: 7.62% per annum nominal, 4.95% per annum real (inflation rate 2.54% per annum) SPX 1/1871-7/1982: 8.15% per annum nominal...
Tuesday, May 27, 2025

The decline of worker hours in America

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 In 1966 all the hours worked by all the full time and part time workers divided by the civilian employment level peaked at about 35.35 hour...
Friday, April 18, 2025

Appointed 41 years ago by Ronald Reagan, Judge J. Harvie Wilkinson in an opinion for a panel of the 4th Circuit Court of Appeals shreds Trump's contempt of court

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 ... The administration is “asserting a right to stash away residents of this country in foreign prisons without the semblance of due proc...
Wednesday, April 9, 2025

Some have asked, Where did the party of Ronald Reagan go?

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 It went to Afghanistan and Iraq and never came back.
Friday, March 28, 2025

After 38 years, it's time to junk the bedrock idea undergirding conservative economic philosophy of low taxes because IT'S NOT TRUE

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  AXIOS today, here : A bedrock idea of conservative economic philosophy is [the] idea that low taxes fuel economic growth.   This idea is s...
Wednesday, March 19, 2025

J. D. Vance is fixated on cheaper foreign labor as the cause of American industrial decline when it was the tax preference given to ordinary income over long term capital investment which made it attractive

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Vance: The Two Conceits Of Globalization That Squeezed American Manufacturing From Both Ends   ". . . cheap labor is fundamentally a cr...
Friday, March 14, 2025

Federal outlays in fiscal 2025 will be almost 200% higher than the 1982 outlays adjusted forward to today's dollars

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  I've heard the Drain the Swamp bullshit since Reagan's Grace Commission in 1982, when federal outlays were $745 billion. That...
Wednesday, March 5, 2025

Reagan Democrat, who turned Republican in 1985 but remained an immigration liberal, Lincoln Diaz-Balart has died of cancer at 70

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Former Rep. Lincoln Diaz-Balart dead at 70 : Former south Florida congressman fought Fidel Castro regim e   ... The Diaz...
Saturday, March 1, 2025

Lindsey Grahamnesty epitomizes everything that's gone wrong with the GOP and America generally: America's interests abroad are purely about money, not at all about freedom

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  John McCain would not be happy with his old friend. McCain was a main agitator for freedom in Ukraine and its alliance with the West. The ...
Sunday, January 26, 2025

Real return from stocks was better under Trump I than under Biden

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  S&P 500 average real return, dividends fully reinvested Nov 2016--Nov 2020: 13.18% per annum Nov 2020--Nov 2024: 9.97% per annum On a ...
Thursday, January 23, 2025

Ronald Reagan appointee blocks Trump's birthright citizenship executive order

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It is good that warriors such as we meet in the struggle of life... or death.  Federal district court judge temporarily blocks Trump’s birth...
Saturday, January 18, 2025

David Brooks is not a serious person

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  David Brooks: Donald Trump Is The Most Consequential American Politician Since Ronald Reagan:   And the fact that he's reelected and n...
Thursday, February 22, 2024

In famous 2003 eulogy Senator Joe Biden, having no trouble delivering oratory, said Reagan was 85 when he and Strom Thurmond met with the then 71-year old president

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"The president [Reagan] then was about 85 years old". " And I swear to the Lord in the Lord’s house this is a true story. ......
Tuesday, January 23, 2024

As stock indexes make new all time highs, it's still a 7% world, not a 16% world

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The current $SPX world, from Aug 2000 (market peak) to Dec 2023, dividends reinvested, average per annum return: 7.019% nominal. The previou...
Thursday, January 18, 2024

Peter Thiel is so mistaken about homeownership in his interview with John Gray

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 Peter Thiel says "To unshackle ourselves economically, one should start by attacking the extraordinarily distorted real estate market...
Friday, September 29, 2023

The three year and five month embarrassment of core inflation higher than the 10-year Treasury yield finally ended in August

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 Yield for the 10-year US Treasury rose to an average 4.17% in August 2023 while core inflation year over year fell to 3.87% in August 2023....
Friday, August 18, 2023

The money men have the best Fed and the best Fed chair that money can buy

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 The 10-year US Treasury note has averaged BELOW average inflation for three consecutive years, and is set to make it four. This is unpreced...
Friday, May 26, 2023

Supremes slap down EPA meddling in property owners' wetlands under Clean Water Act, reversing yet another pestilent view of former justice Anthony Kennedy

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A majority in Rapanos (2006) couldn’t agree on how to limit EPA’s authority over wetlands. Four Justices said the Clean Water Act’s scope...
Wednesday, March 22, 2023

Piers Morgan interviews Ron DeSantis

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I asked him if he was familiar with the story of Frankenstein, and he said he’d seen the movie. “And you’re alluding to what?” he smirke...
Tuesday, September 27, 2022

LOL, Democrat Larry Summers is EXTREMELY ALARMED by the reappearance of Reagan-like TAX CUTS in the UK

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                  Larry knows danger when he sees it. Larry is all Trussed up and ready for action!