Tuesday, January 21, 2014

Escape from New York

New York Governor Cuomo publicly trashed conservatives recently, branding them as "right to life, pro-assault weapons, anti-gay" and let them know they were no longer welcomed in the state.

"...they have no place in the state of New York because that’s not who New Yorkers are.”

This prompted right to life and gun advocate talk show host Sean Hannity to announce an upcoming move. "Now I want to tell you something – I was born and raised in New York,” Hannity said. “I want you to know that and I can’t wait to get out of here. I really can’t. I don’t want to pay their 10-percent state tax anymore. I live in the second-highest property taxed county in the entire country in Nassau County. I can’t wait to sell my house to somebody who wants it. I can’t wait to pay no state income tax down in Florida or Texas."

A single talk show host leaving the state is not a big deal. People move all the time. But Sean isn't just some guy who tapes random conversations on a hand-held tape recorder. He has a radio and TV show. He has employees. He is a COMPANY. He is leaving New York and taking the jobs and money he generates with him. 

“Gov. Cuomo, I’m going to leave and I’m taking all of my money with me – every single solitary penny,” he added. “And by the way governor, because I work here – there’s a whole bunch of people that work for me and benefit because I do two shows. And I guess maybe some of them will be out of work, governor. I’m sure you’ll take care of them.” (more)

As the progressive Cuomo administration continues their tax and trash campaign against productive people who actually understand the constitution, more will get tired of the hostile business climate, the political climate, the crappy climate climate and move to sunnier, more conservative-friendly regions. 

Of course, once the employers leave, that means the employees will also leave to follow the jobs.  This will result in population mix of the over-privileged and government-dependent once the entrepreneurial class and middle class are chased away. New York will quickly return to the pre-Giuliani days of high murder rates and rampant squeegee people. I suggest any conservatives and libertarians who understand economics and actually embrace freedom of thought might want to 'pull a Plissken' and Escape from New York.

Friday, January 10, 2014

6.7%? Try 24+%!

The government says the unemployment rate is now 6.7%, which should be a good thing. The problem is the number only appears to be low because the labor participation rate has dropped again. When people give up their job search because they can't find work, the government no longer considers them unemployed. If you count the people who dropped out of the work force, the unemployment picture is quite different. Using the old 1994 formula which includes disenfranchised workers, the REAL unemployment number is rapidly approaching 25%.

To get the REAL unemployment, inflation, and GDP numbers, be sure to stop by www.shadowstats.com.