Tag Archives: gavin newsom

Welcome to Walley World!

One of the fringe benefits of Washington’s stimulus program has been inflated stock portfolios. This has delivered a great boon for certain state governments. In Connecticut, for example, a state that taxes capital gains as regular income, this year’s budget surplus is projected to be $470 million. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , , | 25 Comments

Buckle Up for Economic Destruction

The idea that the economy will quickly rebound and everything will be back to normal as soon as the shelter in place orders are lifted is pure fantasy. The fact is we’re all so screwed at this very moment we’ve yet to realize just how screwed we are. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | 1 Comment