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Monday, May 20, 2013

Daily Archives: October 26, 2011

Carpe Diem

Oil Quiz

Mark J. Perry | October 26, 2011, 11:43 pm

1. ExxonMobil produces 2 million barrels of oil per day of worldwide.  In addition to its own production, Exxon also purchases crude oil at the market rate for its global refining network.  How much oil does Exxon buy every day … read more >

Reply
Carpe Diem

Reshoring: Outsourcing to China Goes Into Reverse

Mark J. Perry | October 26, 2011, 8:29 pm

HAYWARD, CALIF. — “Housewares company Simple Wave LLC is moving production of its CaliBowls (pictured above) to the U.S. after two years of manufacturing in China.  The move from a contract manufacturer in China to injection molder Jatco Inc. in … read more >

Reply
Carpe Diem

Natural Gas Brings A Renaissance in Chemical Manufacturing and Maybe 35,000 Jobs to LA

Mark J. Perry | October 26, 2011, 8:17 pm

WWL.COM — “Louisiana could see an influx of more than 35,000 jobs due to new access to vast, new supplies of natural gas from shale deposits, which could be one of the most dramatic domestic energy developments in the last … read more >

Reply
Economics, U.S. Economy

7 reasons why Obama is wrong on income inequality

James Pethokoukis | October 26, 2011, 6:04 pm

As if ordered up directly by the Obama White House and Occupy Wall Street, the Congressional Budget Office has produced a timely report looking at income inequality. The CBO found that between between 1979 and 2007, average real after-tax household income grew … read more >

48
Carpe Diem

More Research Showing Nat Gas Cleaner Than Coal

Mark J. Perry | October 26, 2011, 5:39 pm

Following up on this recent CD post about how the media has been giving much greater coverage to a Cornell University research report that found the environmental impact of natural gas to be more harmful than coal, and much less … read more >

Reply
Carpe Diem

Cartoon of the Day: Where To Find The Real 1%

Mark J. Perry | October 26, 2011, 4:24 pm

Cartoon by Bob Gorrell.

Reply
Foreign and Defense Policy

United States needs new nuclear weapon

Michael Mazza | October 26, 2011, 4:08 pm

Marc Thiessen commented here this morning on Bret Stephens’s Tuesday column about China’s “Underground Great Wall” (see my post from yesterday). Marc notes that China is not the only country digging underground nuclear facilities, with Iran and North Korea also … read more >

1
Politics and Public Opinion

The birther issue is not a trivial matter

Norman J. Ornstein | October 26, 2011, 3:57 pm

A recent Winthrop University survey of Republicans in South Carolina showed that a full 37 percent continue to believe that Barack Obama was not born in the United States—down only five points since the president’s long-form birth certificate was released … read more >

4
Economics, Taxes and Spending

On second glance, Perry flat tax scores better on revenue and growth

James Pethokoukis | October 26, 2011, 3:02 pm

Rick Perry’s flat tax, at least according to the outside consulting firm the campaign hired, would do the following: Under static scoring—assuming no growth impact from a more efficient, pro-investment tax code—the Perry Tax Plan (call it PTP-SS) would raise … read more >

Reply
Politics and Public Opinion

Paul Ryan steps up sharp criticism of Obama ‘class warfare’ tactics

James Pethokoukis | October 26, 2011, 2:34 pm

Just got off a blogger conference call with House Budget Chairman Paul Ryan, who gave a blistering, barn-burner of speech today at the Heritage Foundation. Here’s a bit of flavor from the speech: The American Idea is not tried in … read more >

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