Latest concealed carry permit numbers for Arizona
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Business economists have lowered their estimates for economic growth in the second quarter following news of a significant contraction during the first three months of the year.
The April to June forecast fell to 3 percent from a 3.5 annual rate in June, according to a special survey released Friday by the National Association for Business Economics (NABE).
The forecast change is due mostly to a late June report showing that the economy shrank at a 2.9 percent pace in the first quarter. . . .
By its own estimate, the government made about $100 billion in payments last year to people who may not have been entitled to receive them — tax credits to families that didn’t qualify, unemployment benefits to people who had jobs and medical payments for treatments that might not have been necessary.
Congressional investigators say the figure could be even higher.
The Obama administration has reduced the amount of improper payments since they peaked in 2010. Still, estimates from federal agencies show that some are wasting big money at a time when Congress is squeezing agency budgets and looking to save more.
“Nobody knows exactly how much taxpayer money is wasted through improper payments, but the federal government’s own astounding estimate is more than half a trillion dollars over the past five years,” said Rep. John Mica, R-Fla. “The fact is, improper payments are staggeringly high in programs designed to help those most in need — children, seniors and low-income families.” . . .
Labels: governmentwaste, Obama Waste
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The economy took a bad hit during the first quarter this year. It shrunk at an annual rate of 2.96 percent. Since the beginning of 1947, there are only 16 of the 268 quarters experienced worse growth.
The Obama administration blames the slow growth on the “historically severe winter weather, which temporarily lowered growth.” Jason Furman, the chair of Obama’s Council of Economic Advisors, made this assertion again on July 3 and President Obama has made this claim several times.
But that doesn’t square with the historic data. The five worst winter storms or winters with the coldest temperatures do not match economic downturns.
In a list of the worst United States winter storms since 1888, Epic Disasters, using National Weather Service data, lists five of the ten worst occurring since 1947. Four of the five saw economic growth. Only during the fifth worst stormdid the economy shrink. The average annualized GDP growth during the quarters when those storms struck was 1.8 percent. . . . .
Besides hosting “America's Most Wanted” and advocating for victims’ rights, Walsh has been a longtime advocate of background checks and other safety measures. He said he would continue that fight now that he is joining CNN as the host of “The Hunt,” a new show about catching fugitives. . . .Just because background checks work well in theory doesn't mean that the current system actually works that way. You can find out some of the problems with the background check system here and here.
“I am the guy that has seen both sides of the issue,” Walsh told reporters Monday. “I own guns. I'm the father of a murdered child. I've done nothing but track violence in America since my son was murdered. We have a serious problem with guns in this country. And we refuse to address it. And the NRA solution to arm every grammar-school 80-year-old teacher with a gun is absolutely ludicrous,” he said.
Walsh said the NRA is so deeply in the pocket of the gun industry that “they're not a lobbyist on Capitol Hill, they're a gun manufacturer rep.” He also said Vice President Joe Biden recently agreed with him that politicians are “scared s—less” of the NRA. . . .
“I said to Joe Biden, '90 percent of Americans are for a responsible background check for a gun, and you know what this Congress has done? Not voted on it, not brought it to the floor, not introduced a bill,'” Walsh said. “I said, ‘They're all scared shitless of the NRA, aren't they?'” . . .You can find out why his claim is incorrect here.
Labels: CNN, John Walsh, mediabias, piersmorgan
Labels: Economy, obamadoesntunderstandeconomics
With all the recent coverage given to the World Cup, interest in soccer is frequently described as reaching a "tipping point." Even President Obama has done his part to popularize the sport: taking time out from his busy schedule to watch the U.S.-Germany match, playing soccer against a robot on his recent trip to Japan, and chatting with foreign leaders about the game's finer points.
But the president appears unaware of the health risks. He has strongly warned Americans about the risks of playing football, going so far this year as saying, "I would not let my son play pro football." He hasn't offered such similar warnings about soccer.
Obama is not alone in apparently believing that soccer is less dangerous than American football. Surely the media have been all over how dangerous football is for concussions. And the lawsuits filed by NFL players have received much attention.
Unfortunately, soccer is not the benign alternative it is often portrayed as being.
Take concussions.
In college, women's soccer has a higher rate of concussions than men's football or soccer: 6.3 per 10,000 times women participate in soccer practice or a game versus 4.9 for men's soccer and 6.1 for men's football. Indeed, among college sports, women's soccer has the highest rate of concussions.
But concussions aren't the only problem. In total injuries, both men's and women's soccer exceed those of men's football. Total injuries for men's soccer are 11.14 per 10,000 practices or games and 9.7 for women's soccer. For football, the number is 9.5. . . .The rest of the piece is available here.