Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Tag Archives: Jobs

Ending Crude Oil Export Ban Already Helping U.S. Economy

This article appeared online at TheNewAmerican.com on Friday, July 8th, 2016:  

English: Crude oil tanker SAFWA moored off Rot...

Crude oil tanker SAFWA moored off Rotterdam.

Since the 1970s ban on exporting crude oil was lifted last December, the oil industry has given statists and anti-growth politicians a lesson in free markets: exports increased seven times their previous levels in just the first three months of 2016. And this in the face of an economy that is still suffering from the dregs of the Great Recession.

This was predicted by IHS (Information Handling Services), located near Denver, two years ago when the group stated that

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$15 Minimum Wage Laws Spreading Across the Country

This article appeared online at TheNewAmerican.com on Monday, April 4, 2016:  

Today (Monday) California Governor Jerry Brown will sign a bill raising the state’s minimum wage to $15 an hour, the first state to do so. The law will do it in stages over the next six years so that the unemployment impact won’t be so severe. In the next couple of weeks, legislation that has passed the New York legislature also raising that state’s minimum wage to $15 an hour is expected to be signed into law as well.

Unions and others pushing the “Fight for $15” policy are now gearing up to push the $15 minimum wage on other states, such as

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The PC Crowd, Economic Ignorance, and the Minimum Wage

This article was published by The McAlvany Intelligence Advisor on Monday, April 4, 2016:  

No political correctness

Nick Adams, the Australian author of Retaking America: Crushing Political Correctness, has arrived on the American scene at precisely the right moment. He has appeared on nearly every major TV and radio show, writes for Townhall.com and Townhall Finance, and serves as a Centennial Institute Policy Fellow at Colorado Christian University. And he was named Honorary Texan in 2013 by Texas Governor Rick Perry.

PC is being used as a hammer to intimidate, emasculate, or otherwise neutralize opposition to any Progressive agenda. Rather than answering legitimate questions or responding to thoughtful objections, the PC crowd instead accuses the questioner of being

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A Closer look at the Jobs Report

This article appeared online at TheNewAmerican.com on Friday, April 1, 2016:  

From a distance the jobs report issued on Friday by the Bureau of Labor Statistics (BLS) looked pretty good: 215,000 new jobs were created by the economy in March while earnings, year-over-year, increased by 2.3 percent. The average hours worked remained stable, and the labor force participation rate rose off its recent record lows.

The numbers came from two sources: payroll numbers provided by businesses directly to the Labor Department, and household numbers provided by phone-call surveys.

In looking at the numbers, Ward McCarthy, chief financial economist at Jefferies LLC, a massive global investment firm headquartered in New York City, said that “we continue to generate a lot of jobs” without asking what kind. A closer look reveals

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Will the Robotic Revolution Make Your Job Obsolete?

This article appeared online at TheNewAmerican.com on Monday, March 28, 2016:  

More than two dozen massive bright red robots move 20-foot-long shipping containers at the Los Angeles terminal developed by TraPac, cutting costs by between an estimated 30 and 50 percent. A new terminal, being built at the Port of Long Beach, will be able to handle nearly half of that port’s entire volume, moving and stacking more than three million of those shipping containers every year.

But the Port of Rotterdam in the Netherlands has more automated delivery terminals than the entire United States, thanks to delays by Luddite unions in America determined to

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World’s Largest Coal Company Could Disappear

This article appeared online at TheNewAmerican.com on Wednesday, March 16, 2016:  

On Wednesday, Peabody Energy Company, the world’s largest private-sector coal company, announced that it was going to miss making $70 million in interest payments simply because it didn’t have the money. This was not just a temporary lack of cash flow, but indicative of existential problems:

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The Best Evidence Yet of a US Recession This Year

This article was published by The McAlvany Intelligence Advisor on Monday, March 14, 2016:  

The best evidence comes from the US Treasury with its daily report of tax receipts from wages and salaries. It’s pure, it’s timely, and it’s free of massaging and/or manipulation. And it’s ugly.

John Williams, the skilled and capable economic statistician whom the establishment economists love to hate, author of ShadowStats.com, has built a graph (see source below) showing

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Pollyanna in Houston: False Optimism Pervades Oil Conference

This article was published by The McAlvany Intelligence Advisor on Monday, February 29, 2016:

Cover of "Pollyanna"

Cover of Pollyanna

Author Eleanor Porter would be proud. Not only did her 1913 children’s book Pollyanna establish the “Pollyanna Principle” (someone with an excessively optimistic outlook despite facing all manner of difficulties), it set in motion eleven sequels by Elizabeth Borton or Harriet Lammis Smith. There were movies starting Mary Pickford and Hayley Mills.

All three authors were present in Houston last week, at least in spirit. First,

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Low Oil Prices Are Tempting Politicians to Raise Gas Taxes

This article appeared online at TheNewAmerican.com on Monday, February 8, 2016:  

The White House announced Thursday that the president would be asking Congress to raise taxes on imported oil by $10 a barrel to be used to fund what the Wall Street Journal describes as “new green transportation projects.” The new taxes to be levied on oil companies will be passed down to motorists who will enjoy the opportunity to help the president fund those new projects by 22 cents per gallon every time they fill up.

The danger isn’t that the president’s bill has any chance in the Republican-controlled Congress, this being an election year and all. What is dangerous is that

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Robots Are Taking Over Agriculture

This article appeared online at TheNewAmerican.com on Friday, January 29, 2016:  

The Fourth Industrial Revolution will soon allow a single factory to produce more than 30,000 heads of lettuce every day, using 98 percent less water, 30 percent less energy, and 50 percent fewer humans.

The Japanese grower Spread will open its Vegetable Factory next year using robots instead of humans not only to plant the seeds but

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Florida’s Economy Rebounds Thanks to Cuts in Taxes, Spending, Regulations

This article appeared online at TheNewAmerican.com on Wednesday, January 27, 2016:  

Almost immediately upon assuming Florida’s governorship in January, 2011, Rick Scott started cutting. He increased the state’s exemption level for corporate taxes from $25,000 to $50,000. He expanded the state sales tax exemption for manufacturing equipment. In 2013, he approved a three-year total exemption of that sales tax. In 2014, he pushed to raise the corporate tax exemption from $50,000 to $75,000. Last year he signed into law a $400 million cut in vehicle fees. In all, over the past five years he, with the help of a friendly legislature, has cut nearly 50 taxes.

Along the way

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More Signs the Economy Is Slowing

This article appeared online at TheNewAmerican.com on Tuesday, November 17, 2015:  

The latest Empire State Manufacturing Survey issued by the New York Federal Reserve Bank on Monday confirms an increasingly ominous economic trend: The fourth consecutive monthly decline in its index is the longest since early 2009.

Its authors didn’t even try to sugarcoat it:

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Rubio’s Donors Reveal His Support of a Different Agenda

This article appeared online at TheNewAmerican.com on Friday, November 6, 2015:  

With the recent revelation that Senator Marco Rubio has been receiving, and is actively soliciting, funds from billionaires with vastly different agendas from those voters who elected him in 2010, many are questioning how he would act if he were elected president.

With the departure of Scott Walker from the Republican cast of candidates seeking their party’s nomination, and with the virtual disappearance of a presence in the polls by establishment candidate Jeb Bush, it was no surprise that Rubio’s star began its ascendancy. As Paul Singer, one of Rubio’s wealthy donors, wrote, Rubio

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Walmart’s Stock’s Selloff Hinges on Perceived Economic Gloom

This article appeared online at TheNewAmerican.com on Thursday, October 15, 2015:  

English: Inside the Walmart (still branded as ...

Inside the Walmart at West Plains, Missouri.

Within minutes of Walmart’s announcement  on Wednesday that the world’s largest retailer would see its profits drop between six and 12 percent next year, the company’s stock started a decline that only ended after it had lost 10 percent of its value, its worst single-day performance in 37 years.

Despite a previous warning from Walmart in August that its quarterly profits, year-over-year, would likely fall by 15 percent, and despite the company’s stock continuing its decline from $90 a share in January to $67 before the announcement, investors were caught off guard. Now trading below $60 a share, investors have seen the value of their Walmart holdings drop

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Want a Raise? Work for the Government

This article appeared online at TheNewAmerican.com on Friday, October 9, 2015:  

It used to be that the way to get ahead was to work harder, work smarter, find your passion (à la Tony Robbins), marry the boss’s daughter, or be the boss’s daughter (or son). But, according to the latest study from the Cato Institute, the best way is to “sell your soul to the company store” (apologies, Johnny Cash): Work for the government. Preferably, the federal government.

Since the 1990s, federal government employees have enjoyed greater increases in salary growth than those in the private sector, with federal workers in 2014 earning 78 percent more, according to the latest report from Cato, entitled “Downsizing the Federal Government.”

In 2014, based on numbers provided by the U.S. Bureau of Economic Analysis (BEA), the average federal worker in 2014 made

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Does California Have a Death Wish?

This article was published by The McAlvany Intelligence Advisor on Thursday, October 8, 2015: 

Cato Institute

A year ago, when the Cato Institute published its Fiscal Policy Report Card on America’s Governors, the best governor, Pat McCrory of North Carolina, scored 78, giving him an “A” rating by Cato. The country’s worst governor, Jerry Brown of California, scored 19, earning him an “F.” His rating was seven full points behind Colorado’s Governor John Hickenlooper, who scored a 26. At the time, Cato said this about Governor Brown:

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California’s “Equal Pay” Law Will Discourage Businesses, Encourage Lawyers

This article appeared online at TheNewAmerican.com on Thursday, October 8, 2015:  

English: Photo of California Attorney General ...

When California Governor Jerry Brown signed into law the state’s new “equal pay” mandate on October 6, he said it was designed to shrink further the pay gap between men and women: “The inequities that have plagued our state and have burdened women forever are slowly being resolved with this kind of bill.… [It’s] a very important milestone.

It’s important to law-school graduates looking for a favorable place to start their litigation practices, and important to moving companies helping business owners and their employees move out of state.

The law changes the definition of “equal” to

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Brazil Teetering on the Edge of Recession, or Worse

This article appeared online at TheNewAmerican.com on Monday, September 28, 2015: 

English: Official photo of President Rousseff,...

President Dilma Rousseff

Brazilians are facing a bleak future. The combination of last week’s downgrade of the country’s government debt to junk, along with downgrades on the debt of many of its major industries, and the unfolding “Operation Car Wash” scandal at Petrobras (the massive government-owned oil company), all spell trouble for an economy already in decline.

Brazil’s currency, the real, was once pegged to the dollar, but

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“Operation Car Wash” is Sinking Petrobras, and Brazil as well

This article was published by The McAlvany Intelligence Advisor on Monday, September 28, 2015:  

Like flies attracted to honey, Brazilian politicians saw their opportunities and took them. Initially a money laundering investigation in Brazil focused on just one company, a manufacturer of electronic components that was being used by a criminal ring to hide and whitewash its illegal gains. The owner, Hermes Magnus, apparently discovered the activity back in 2008 and notified local police.

By March 2014 the investigation had spread to more than 230 individuals, including

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Study: Businesses, Taxpayers Fleeing High-tax States

This article appeared online at TheNewAmerican.com on Thursday, September 10, 2015: 

Based on the latest data from the Internal Revenue Service, Americans for Tax Reform (ATR) concluded that, given the opportunity, taxpayers as well as businesses move from high-tax states to lower-tax states. In 2013, more than 200,000 people moved from New York, Illinois, California, Connecticut, and Massachusetts to Texas, Florida, South Carolina, North Carolina, and Arizona.

And they took with them more than

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Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.