A new report is sounding the alarm on Arizona’s housing market. The report from the Common Sense Institute, a conservative-leaning think tank, says that Arizona is losing its competitiveness that it once had. In addition, the report says that there is a “housing deficit of over 129,000 units” and found that the cost of a home in the Phoenix metropolitan area has gone up by 60% since 2020. “Arizona’s housing market is standing on a cliff,” Glenn Farley, director of policy and research at the Common Sense Institute, said in a news release on the report. “Without acknowledging our supply issues and making needed policy changes, we risk worsening housing affordability and losing our competitive edge in attracting a skilled workforce.”
In Germany, they call it the “Energiewende,” meaning energy transition, and it doesn’t work. Germans have been forced to come to grips with sober energy reality after binging on more than half a trillion Euros of so-called “alternative” energy, such as wind turbines and solar panels. This dramatically increased the price of electricity and created a serious risk of blackouts. Germany actually just announced plans to reactivate coal plants to provide reserve power and lower the risk of blackouts during the coming winter and years to come.
https://pricklypear.news/wp-content/uploads/iStock-1440798037.jpg14142121Craig Ruckerhttps://pricklypear.news/wp-content/uploads/logo_2023.pngCraig Rucker2024-05-06 00:29:012024-05-06 10:44:34Its Coal To The Rescue As Wind And Solar Fail To Keep The Lights On
The best time to write about how horrible plane travel has become is immediately following, or, in this case, during a scheduling and delay disaster that completely upends the routines of life. When it doesn’t happen and your flight goes well, you just don’t care that much. But when you are in the thick of it – I’m writing now from a 36-hour international travel time on a 19-hour delayed domestic flight that just took off – it feels like the apocalypse. It’s more common now than I can ever remember. I’m at the point of trying not to travel unless I have to because 3 of 5 of my trips these days seem to end up this way. I’ve come to expect disaster and so prepare for it. But most people start with the assumption that all is going to go well because that’s how it always worked in the past.
We hear a lot today about “white privilege”, “white fragility“, “systemic racism”, and “white supremacy”. Some have gone so far as to claim math is racist.Not long ago the Smithsonian Institution made some claims about certain human traits that anyone can choose to have, but was presumed to be white and therefore bad. Some of those traits included the use of logic, being on time, politeness, and marriage. Not bad traits at all, we think.To ascribe characteristics to people on the basis solely of white skin color is truly racist because there can be vast differences among Caucasians. We should judge others by their behavior. So, we have the irony of those complaining about racism being the biggest racists of all.
https://pricklypear.news/wp-content/uploads/iStock-1444231995.jpg14352089Neland Nobelhttps://pricklypear.news/wp-content/uploads/logo_2023.pngNeland Nobel2024-05-03 00:30:132024-05-03 07:39:19WEEKEND READ: Is it White Privilege to be Married? (Part 1)
In a recent tweet, a talented financial analyst and investor stated: “The “debt is unsustainable” narrative has been around for 40 years plus. What’s astonishing to me is how the people who push this narrative never ask themselves, “Why has it been sustainable for so long?”. There is a widespread idea that the fiscal imbalances […]
https://pricklypear.news/wp-content/uploads/iStock-1199137983-scaled.jpg20482560Daniel Lacallehttps://pricklypear.news/wp-content/uploads/logo_2023.pngDaniel Lacalle2024-05-02 00:28:142024-04-30 06:31:51Why the US Debt Is Unsustainable and Is Destroying the Middle Class
The release of 1st quarter 2024 Gross Domestic Product (GDP) on April 25th surprised virtually all forecasters. The first three months of 2024 were characterized by a notable deceleration in US economic growth, marking an almost two-year low. The same data release revealed that inflation, as measured by US GDP Personal Consumption Core Price Index […]
https://pricklypear.news/wp-content/uploads/iStock-1409735832-scaled.jpg17072560Peter C. Earlehttps://pricklypear.news/wp-content/uploads/logo_2023.pngPeter C. Earle2024-05-01 00:30:072024-04-29 06:28:31US Economic Growth Plunges in First Quarter 2024
Joe Biden loves to give away money, especially if it’s not his own. He has spent trillions of dollars for political benefit that didn’t need otherwise to be spent. The recipients laud his compassion and generosity. Common Americans though are trapped in an inflationary spiral while our grandchildren face an unpayable bill. Thus, in a recent presentation about his second attempt to forgive student loan debt, he bragged about the hundreds of billions it would cost. He twice mentioned the fact that many blacks would receive benefits. He became so consumed in self-congratulation, he apparently lost awareness of how blatant was his political pandering. We know black voters are a key demographic in play in the upcoming election.
https://pricklypear.news/wp-content/uploads/iStock-1467591826.jpg14152120Thomas C. Pattersonhttps://pricklypear.news/wp-content/uploads/logo_2023.pngThomas C. Patterson2024-04-30 00:30:232024-04-30 07:59:36Mounting Debt Accumulation Won’t Go On Forever
We have suggested since late December that equities would start having some difficulty as we were seeing disturbing signs in the credit markets, commercial real estate, and housing markets. The stock market, however, did not seem as worried as we were and went on to have a stellar quarter. Corporate earnings remain decent and liquidity […]
Housing inflation refuses to cool for the eighth month, and five of the remaining seven core services accelerated further. This is not good. The core PCE price index, which excludes the volatile components of food and energy and is the inflation index the Fed is focused on, jumped by 3.9% annualized in March from February, […]
If the economy is so good, why do small business leaders feel so bad? The latest Small Business Optimism Index from the National Federation of Independent Business could hardly be more depressing. The survey finds that the men and women who run our 33 million small businesses and hire more than half of American workers are in […]
https://pricklypear.news/wp-content/uploads/red-tape.jpg387447Stephen Moorehttps://pricklypear.news/wp-content/uploads/logo_2023.pngStephen Moore2024-04-26 00:28:142024-04-26 09:52:53Why Small Businesses Hate Bidenomics
Arizona’s Housing Market Is In Rough Shape
/in Arizona News, Economy, Featured, Latest News, Personal Finance, Politics/by Cameron ArcandA new report is sounding the alarm on Arizona’s housing market. The report from the Common Sense Institute, a conservative-leaning think tank, says that Arizona is losing its competitiveness that it once had. In addition, the report says that there is a “housing deficit of over 129,000 units” and found that the cost of a home in the Phoenix metropolitan area has gone up by 60% since 2020. “Arizona’s housing market is standing on a cliff,” Glenn Farley, director of policy and research at the Common Sense Institute, said in a news release on the report. “Without acknowledging our supply issues and making needed policy changes, we risk worsening housing affordability and losing our competitive edge in attracting a skilled workforce.”
Its Coal To The Rescue As Wind And Solar Fail To Keep The Lights On
/in 2024 Election, Economy, Environment, Featured, Latest News, Liberty, National Security, Politics/by Craig RuckerIn Germany, they call it the “Energiewende,” meaning energy transition, and it doesn’t work. Germans have been forced to come to grips with sober energy reality after binging on more than half a trillion Euros of so-called “alternative” energy, such as wind turbines and solar panels. This dramatically increased the price of electricity and created a serious risk of blackouts. Germany actually just announced plans to reactivate coal plants to provide reserve power and lower the risk of blackouts during the coming winter and years to come.
The Ruination of Plane Travel
/in Culture War, Economy, Featured, Latest News, Liberty, Politics/by Jeffrey TuckerThe best time to write about how horrible plane travel has become is immediately following, or, in this case, during a scheduling and delay disaster that completely upends the routines of life. When it doesn’t happen and your flight goes well, you just don’t care that much. But when you are in the thick of it – I’m writing now from a 36-hour international travel time on a 19-hour delayed domestic flight that just took off – it feels like the apocalypse. It’s more common now than I can ever remember. I’m at the point of trying not to travel unless I have to because 3 of 5 of my trips these days seem to end up this way. I’ve come to expect disaster and so prepare for it. But most people start with the assumption that all is going to go well because that’s how it always worked in the past.
WEEKEND READ: Is it White Privilege to be Married? (Part 1)
/in Culture War, Economy, Education, Featured, Latest News, Liberty, Politics/by Neland NobelWe hear a lot today about “white privilege”, “white fragility“, “systemic racism”, and “white supremacy”. Some have gone so far as to claim math is racist.Not long ago the Smithsonian Institution made some claims about certain human traits that anyone can choose to have, but was presumed to be white and therefore bad. Some of those traits included the use of logic, being on time, politeness, and marriage. Not bad traits at all, we think.To ascribe characteristics to people on the basis solely of white skin color is truly racist because there can be vast differences among Caucasians. We should judge others by their behavior. So, we have the irony of those complaining about racism being the biggest racists of all.
Why the US Debt Is Unsustainable and Is Destroying the Middle Class
/in 2024 Election, Economy, Featured, Latest News, Liberty, National Debt, Politics/by Daniel LacalleIn a recent tweet, a talented financial analyst and investor stated: “The “debt is unsustainable” narrative has been around for 40 years plus. What’s astonishing to me is how the people who push this narrative never ask themselves, “Why has it been sustainable for so long?”. There is a widespread idea that the fiscal imbalances […]
US Economic Growth Plunges in First Quarter 2024
/in Economy, Featured, Latest News, Liberty, National Debt, Personal Finance/by Peter C. EarleThe release of 1st quarter 2024 Gross Domestic Product (GDP) on April 25th surprised virtually all forecasters. The first three months of 2024 were characterized by a notable deceleration in US economic growth, marking an almost two-year low. The same data release revealed that inflation, as measured by US GDP Personal Consumption Core Price Index […]
Mounting Debt Accumulation Won’t Go On Forever
/in 2024 Election, Economy, Featured, Healthcare, Latest News, National Debt, Personal Finance, Politics/by Thomas C. PattersonJoe Biden loves to give away money, especially if it’s not his own. He has spent trillions of dollars for political benefit that didn’t need otherwise to be spent. The recipients laud his compassion and generosity. Common Americans though are trapped in an inflationary spiral while our grandchildren face an unpayable bill. Thus, in a recent presentation about his second attempt to forgive student loan debt, he bragged about the hundreds of billions it would cost. He twice mentioned the fact that many blacks would receive benefits. He became so consumed in self-congratulation, he apparently lost awareness of how blatant was his political pandering. We know black voters are a key demographic in play in the upcoming election.
Mild Correction In Stocks Amidst Growing Background Problems In Bidenonmics
/in Economy, Featured, Latest News, National Debt, National Security, Personal Finance, Politics/by Neland NobelWe have suggested since late December that equities would start having some difficulty as we were seeing disturbing signs in the credit markets, commercial real estate, and housing markets. The stock market, however, did not seem as worried as we were and went on to have a stellar quarter. Corporate earnings remain decent and liquidity […]
Fed’s Wait-and-See on Rate Cuts Further Supported by Extra-Hot “Core Services” PCE Inflation & Hot “Core” PCE Inflation
/in Economy, Featured, Latest News, Personal Finance, Politics/by Wolf RichterHousing inflation refuses to cool for the eighth month, and five of the remaining seven core services accelerated further. This is not good. The core PCE price index, which excludes the volatile components of food and energy and is the inflation index the Fed is focused on, jumped by 3.9% annualized in March from February, […]
Why Small Businesses Hate Bidenomics
/in 2024 Election, Economy, Featured, Latest News, Liberty, Personal Finance, Politics/by Stephen MooreIf the economy is so good, why do small business leaders feel so bad? The latest Small Business Optimism Index from the National Federation of Independent Business could hardly be more depressing. The survey finds that the men and women who run our 33 million small businesses and hire more than half of American workers are in […]