At American Thinker, Randall Hoven uses some firsthand research of federal statistics to turn down the volume on the alarm of economic "crisis". Hoven shows that while the current recession has not yet quite reached its peak, on several major measures it's not as bad as several others since World War Two:So simply going by averages, this recession should end this year, maybe even in this quarter or the next. If things go bad, or no worse than in the last 60 years, we might not pull out of it until late this year, with lousy employment figures lagging into 2010. By the way, none of the previous recessions was ended by the government spending a trillion dollars. Our current deficit is projected to be 7% of GDP or more. The deficit never … [Read more...]
Yes, I Am “Uncle Charley”
I am the pseudonymous conservative gadfly blogger on a local education new site. At least that's what 9News would have you believe:Not everyone agrees. An online blogger named "Uncle Charley" has written several entries for Education News Colorado trying to get readers to think about the need before they act. One blog is entitled, "More Tough Questions on DPS Bond," which talks in part about the individual items that would be funded by this bond issue and series of property tax hikes have agreed to in Denver over the past two decades. "Uncle Charley" is actually the pseudonym for Ben DeGrow, with the Independence Institute, a non-partisan conservative political think tank. DeGrow says spending $13 million dollars on athletic fields … [Read more...]