Jerry Bowyer column
Jerry Bowyer is chief economist of BenchMark Financial Network and a CNBC contributor.


Dollar suicide
Jerry Bowyer
October 16, 2009

It wasn't Colonel Mustard in the library with the candelabra. And contrary to recent press reports, it wasn't Prince Alwaleed in the desert with a cartel. It . . .


Why Milton Friedman is still right
Jerry Bowyer
October 9, 2009

The easy-money advocates had a tough summer. In August alone, the price level increased almost half a percent, raising the average annual rate of inflation for . . .


Birthers, earthers, and founders
Jerry Bowyer
September 16, 2009

Perhaps no controversy in recent years illustrates more clearly the dismal state of American civics education than the controversy pertaining to Barack Obama's . . .


Flight 93, the crater, and the open book
Jerry Bowyer
September 12, 2009

People rhetorically ask where God was on 9/11 as though He wasn't anywhere. Or they ask it accusingly, the way a detective asks a suspect if he has an alibi.  . . .


Buzzcharts: Worst...hires rate...ever.
Jerry Bowyer
August 14, 2009

It's not enough for most people to know what the unemployment rate is and whether it's going up or down. It's not enough for investors and entrepreneurs living . . .


Buzzcharts: Obama's magical misery tour
Jerry Bowyer
August 3, 2009

As President Obama steps up his rhetorical attempts to take credit for an improving economy, it seems proper for BuzzCharts to take a moment to review the data  . . .


Buzzcharts: The return of the tax-shelter president
Jerry Bowyer
July 28, 2009

Investors aren't sheep; they're more like cheetahs. And there may be no species of investor more cheetah-like than the American investor. The latest case in . . .


Buzzcharts: we're all inflation hawks now
Jerry Bowyer
July 21, 2009

Back in 2006, when the federal-funds rate peaked at 5.25 percent, several economists writing for National Review Online argued that the Federal Reserve was too . . .


Micro-chips: bet you can't buy just one
Jerry Bowyer
July 8, 2009

We bought almost 3 billion dollars worth of semiconductors on average over the past three months. We've been trending up since February. This is how the economy . . .


Why isn't America hiring?
Jerry Bowyer
July 2, 2009

Today we saw the release of two piece of important employment data: the Challenger, Gray & Christmas monthly survey of lay-offs and the Monster Employment Index . . .


The risk of new regulation
Jerry Bowyer
June 19, 2009

It's never a good sign when your Treasury Secretary announces a plan to overhaul the financial system and the market plunges 200 points that same day. But that . . .


Kempism
Jerry Bowyer
May 6, 2009

We're going to need another Jack Kemp. We're in the same mess now as we were when he rose to prominence in the 1970s: rising taxes, energy rationing, and a . . .


Accounting for (congressional) dummies
Jerry Bowyer
February 17, 2009

(Originally published at townhall.com) This week, I watched with amazement Larry Kudlow's joust with Congressman Brad Sherman about accounting. Sherman was . . .


Presidents and the Constitution
Jerry Bowyer
January 20, 2009

© Forbes.com John McIntyre of RealClearPolitics and I were both on Larry Kudlow's radio program on Saturday afternoon. Larry asked us both the same . . .


Sports mania is a poor substitute for economic success
Jerry Bowyer
January 19, 2009

© Wall Street Journal Online Tomorrow the Pittsburgh Steelers square off against the Baltimore Ravens, and the Philadelphia Eagles square off against . . .


Satyam and outsized outsourcing exaggerations
Jerry Bowyer
January 9, 2009

© CNBC.com There was a good Wall Street Journal piece Thursday morning on Satyam which by the way is Sanskrit for 'truth.' The CEO puffed up both . . .


Stop the reform-industrial complex!
Jerry Bowyer
January 7, 2009

© Forbes.com Yesterday former SEC Chairman Arthur Levitt published a piece in the Wall Street Journal calling for more regulators as a response to the . . .


Malthus and Scrooge
Jerry Bowyer
December 27, 2008

© Forbes.com "Since you ask me what I wish, gentlemen, that is my answer. I don't make merry myself at Christmas and I can't afford to make idle people . . .


Cave man Bush
Jerry Bowyer
December 20, 2008

© Forbes.com George W. Bush has come full circle. He started his public career as the beneficiary of a government bailout, and he ends it as the . . .


NBER: the official sponsor of the 2007 recession
Jerry Bowyer
December 2, 2008

© CNBC.com Who died and made the National Bureau of Economic Research boss? During the past two days my in-box has been flooded by NEWS ALERT: RECESSION . . .


Lessons from a capitalist Thanksgiving
Jerry Bowyer
November 30, 2008

It's astonishing and a little horrifying that America's elites know so little about their country's history. Case in point: Jared Bernstein of the Economic . . .


Never give in
Jerry Bowyer
November 5, 2008

© Townhall.com "Never give in — never, never, never, never, in nothing great or small, large or petty, never give in except to convictions of honour and . . .


Barack Obama, Fabian socialist
Jerry Bowyer
November 4, 2008

Barack Obama is a Fabian socialist. I should know; I was raised by one. My Grandfather worked as a union machinist for Ingersoll Rand during the day. In the . . .


What if Steve Forbes had won the election?
Jerry Bowyer
October 22, 2008

© TCS Daily To the annals of contra factual history which range from Churchill's "What if Lee had won at Gettysburg," to SNL's what if Napoleon had a B- . . .


Financial mustard seeds
Jerry Bowyer
October 20, 2008

© CNBC.com You don't hear many references to the New Testament in financial journalism these days. Maybe that's part of the problem. Larry Kudlow is a . . .


Mark to Market still lives (unfortunately)
Jerry Bowyer
October 13, 2008

© CNBC.com Mark to Market was upheld Friday. No, it was not suspended as some media outlets had originally . . .


The negative five trillion dollar man
Jerry Bowyer
October 10, 2008

© CNBC.com I know that you're deluged with people who are sure that they see what's wrong and what should be done. As for me, I'm not remotely sure, but . . .


Why Palin will win
Jerry Bowyer
October 3, 2008

© CNBC.com Forget the pundits — look at what happened to the Intrade political futures market, tracing Sarah Palin withdrawal futures in real time, as . . .


Bring on Paulson 3.0
Jerry Bowyer
September 30, 2008

© Forbes.com As of this writing, the modified Paulson plan has been voted down by Congress and the Dow has taken the largest one-day plunge in history. . . .


The Bowyer bailout alternative
Jerry Bowyer
September 24, 2008

© CNBC.com I just got off the phone with Ed Lazear (Chairman of the President's Council of Economic Advisors), and he made a good case for the severity . . .


Debunking laissez faire Lehman
Jerry Bowyer
September 16, 2008

© CNBC.com This morning on CNBC Governor John Corzine (D) of New Jersey blamed the current crises in the market on what he called the "laissez faire" . . .


Capitalism vs. terrorism
Jerry Bowyer
September 11, 2008

© CNBC.com I'm sure you haven't forgotten, but today is 9/11. Ordinary people remember even if the media elite will give this anniversary small coverage . . .


Down market Palin's fault? Nah...
Jerry Bowyer
September 8, 2008

© CNBC.com Compared to all the contortions through which the media have gone through to slap that uppity woman from Alaska, this latest one deserves the . . .


The recessionistas were decisively wrong
Jerry Bowyer
September 2, 2008

© National Review Online I've spent much of the past year both on Kudlow & Co. and in columns arguing with Jared Bernstein, Robert Reich, Barry Ritholz, . . .


How Palin will help McCain
Jerry Bowyer
August 29, 2008

© CNBC.com It's a big day for John McCain. It's a big day for Sarah Palin. And it's a big day for CNBC and Larry Kudlow of CNBC's Kudlow & Company. The . . .


Obama's pick and Democratic friction
Jerry Bowyer
August 27, 2008

© CNBC.com So, Obama went for the 'safe' pick — Joe Biden. Intrade was right again — they caught the Biden surge. Intrade gives Obama a very small . . .


Teddy Roosevelt vs. the noisy environmentalists
Jerry Bowyer
August 6, 2008

© TCS Daily Whenever we're in Washington, my wife and I try to visit the Theodore Roosevelt Memorial on Roosevelt Island. Everyone else goes to the . . .


How Chuck Schumer caused the second largest bank failure in US history
Jerry Bowyer
July 15, 2008

© CNBC.com Federal officials aren't supposed to cause bank runs. In fact, much of the New Deal bank regulatory apparatus was set up for the purpose of . . .


The coming Obama recession
Jerry Bowyer
July 9, 2008

© CNBC.com Everyone's been so busy searching for the alleged Bush recession that they've missed what the markets are trying to tell us about next year. . . .


Back to monarchy in land rights?
Jerry Bowyer
July 7, 2008

© CNBC.com As I write this, I sit here in Western Pennsylvania, atop the Marcellus Oil Shale Deposit, which may become one of the largest sources of . . .


Thomas Jefferson on energy
Jerry Bowyer
July 4, 2008

© Townhall.com Do you ever wonder why America initiated and then dominated the oil exploration and discovery industry. Its because Thomas Jefferson . . .


Sen. McCain? Teddy would drill
Jerry Bowyer
July 3, 2008

© CNBC.com Dear Sen. McCain: Washington watchers know that you are a Teddy Roosevelt fan. That's a good choice; TR didn't get everything right, but . . .


What the media didn't tell you about Friday's unemployment spike
Jerry Bowyer
June 10, 2008

© Townhall.com It wasn't Bush, it wasn't greedy corporations, or free trade, or history's most over-predicted recession. It was not the oil companies, . . .


How Al Gore is getting fat off of a starving world
Jerry Bowyer
June 5, 2008

© Townhall.com Always read to the end of the report; that's where the good stuff is. Case in point an obscure little stat was released on Friday with . . .


Carbon Americans vs. ethanol Americans
Jerry Bowyer
May 28, 2008

© National Review Online Do carbon limits make good presidential politics? I debated this question with John McIntire, the founder of the excellent . . .


Looking at Israel's wealth DNA
Jerry Bowyer
May 21, 2008

© CNBC.com Israel turned 60 this week. In human-years, that's middle aged; in nation-years, that's adolescence. The stories will be almost all about . . .


Recession? Not so fast, I say
Jerry Bowyer
May 16, 2008

© National Review Online The Wall Street Journal — daily watering hole of the market bears — titled its Wednesday page-one economic report: "Recession? . . .


Contra the recessionistas
Jerry Bowyer
May 8, 2008

© National Review Online Hat tip to my friend Larry Kudlow, official coiner of the term "recessionistas." What is a recessionista, you ask? When you see . . .


Irony man
Jerry Bowyer
May 7, 2008

© Townhall.com Yes, I loved it. I've got an Y-chromosome, what do you expect? He is a man wrapped in a robot, wrapped in a missile. Oh, and he shoots . . .


Don't blame the markets
Jerry Bowyer
April 20, 2008

© New York Sun The government compels banks to make loans in poor neighborhoods even if the applicants are not considered prime borrowers. You may not . . .


James Madison to America: This is what we warned you about
Jerry Bowyer
April 17, 2008

© Townhall.com As a Pennsylvania voter, I'm particularly fascinated by the identity politics that I see playing out every day before my eyes. It's kind . . .


How 'community organizers' (like Obama) created the Subprime crisis
Jerry Bowyer
April 8, 2008

© Townhall I wrote to you previously (Meet Barry Obama, 'Fair Housing' Lawyer) about the Community Reinvestment Act, a law which compels banks to make . . .


Do liberals want a Fed or not?
Jerry Bowyer
April 5, 2008

© National Review Online One of the reasons why I go on talk radio shows is to get a sense of how people are reacting to market events. I spend the vast . . .


Meet Barry Obama, fair housing lawyer
Jerry Bowyer
April 1, 2008

© Townhall Last Saturday, I was a guest on Larry Kudlow's WABC radio program. Larry's a good friend and we have been talking quite a bit lately on his . . .


Christos Anesti
Jerry Bowyer
March 24, 2008

© National Review Online I wonder if the people sitting in churches this week understand how very much Jesus of Nazareth's last week of life was driven . . .


In defense of remaining Episcopalian
Jerry Bowyer
February 11, 2008

© Episcopal Life Online When I wrote an article for my local newspaper (reprinted on Episcopal Life Online here) taking issue with my bishop's attempt . . .


Extreme makeover
Jerry Bowyer
January 28, 2008

© Wall Street Journal Let's understand something. Pennsylvania is the coal capital of the world (well, pretty much). So why is my governor, Democrat Ed . . .


'Recession,' stocks & the Fed
Jerry Bowyer
January 24, 2008

© National Review Online People who believed in the Bush boom and got into the markets when the president cut tax rates in 2003 have done very well. If . . .


Stimulating conversation
Jerry Bowyer
January 23, 2008

© Townhall.com On Friday I was invited to a conference call with Ed Lazear, Chairman of the President's Council of Economic Advisors. The call was . . .


X-File Economists gone wild
Jerry Bowyer
January 12, 2008

© National Review Online This is one of those articles I shouldn't have to write. The world should be less crazy, I say to myself. People should ignore . . .


Questions for the Fair Tax crowd
Jerry Bowyer
January 10, 2008

© Townhall.com Why do you think that a sales tax is less prone to corruption and complexity than an income tax? When the income tax was originally . . .


FairTax flaws
Jerry Bowyer
January 8, 2008

© Wall Street Journal If talk show hosts ran the world, we'd have a national sales tax. We'd have no immigration, and we would have long ago carpet . . .


Gas bags
Jerry Bowyer
January 3, 2008

© National Review Online Two thousand and seven was the year of the "R word" — recession. How many times did you hear a network reporter drone on about . . .


AD or ADD?
Jerry Bowyer
January 2, 2008

© Townhall.com 2008 years from what? Most people still know (I hope) what event initiates our calendar. Few people know why. That's because we have, . . .


MSM misses on mortgage rescue
Jerry Bowyer
December 18, 2007

© Business & Media Institute Last week President Bush and Treasury Secretary Paulson announced that the major players in the mortgage credit disruption . . .


Of ARMs and the man
Jerry Bowyer
December 8, 2007

© National Review Online 'I sing of arms and the man" is the opening phrase of Virgil's Aeneid, the story of how Aeneas founded the small colony that . . .


How a misunderestimated president saved a broken mortgage market
Jerry Bowyer
December 7, 2007

© Town Hall I just got off a conference call with the White House, and I'm very happy. Last August, I published an article here on Townhall called "A . . .


Appreciation: How gratitude leads to growth
Jerry Bowyer
November 21, 2007

© Town Hall I have a friend who was always trying to talk me into being part of his next business idea. Media, finance, health care — it didn't matter . . .


800 dollar gold in plain English
Jerry Bowyer
November 14, 2007

© Townhall.com Gold prices are way up, but the inflation statistics are quite tame. Why is this happening? Is somebody lying to us, or is gold not all . . .


The Pittsburgh schism
Jerry Bowyer
November 13, 2007

© Pittsburgh Post-Gazette My wife is a reader at St. Stephen's Episcopal Church in McKeesport. This means that she sometimes leads the people in prayer, . . .


Jobs report in plain English
Jerry Bowyer
November 5, 2007

© Townhall.com The economy added 166,000 jobs last month. Is that a lot, or a little? If the economy added jobs, why did the unemployment rate stay the . . .


The California fires: where were the looters?
Jerry Bowyer
November 1, 2007

© Human Events Did you see any looters on television last week? Neither did I. When New Orleans was flooded two years ago, there were looters all over . . .


Hawks, doves, vultures, and chicken littles
Jerry Bowyer
October 30, 2007

© National Review My e-mail inbox is usually near full these days. That's what happens when people are confused about the markets. But necessity, as . . .


The credit crunch
Jerry Bowyer
October 4, 2007

© TownHall.com It's pretty simple really. The Federal Reserve Bank creates and destroys money. It has had that power since it was created in 1913. The . . .


We can't afford to forget
Jerry Bowyer
September 29, 2007

© National Review Online Sometimes, books create paradigm shifts in how we view history. The Forgotten Man: A New History of the Great Depression, by . . .


Black and white and in the red all over
Jerry Bowyer
September 27, 2007

© Human Events Online Take a look at the attached stock price chart and you get some idea what it must feel like to be one of the owners of the New York . . .


Real women have upward-sloping income curves
Jerry Bowyer
September 7, 2007

© National Review Online Has anyone told you that under President George W. Bush we have seen the highest levels of gender-income equality in American . . .


Phillips heads screw drivers
Jerry Bowyer
September 4, 2007

© National Review Online Many analysts scoured this week's Federal Reserve minutes looking for clues as to what the central bank is going to do. Raise . . .


Helter shelter
Jerry Bowyer
August 27, 2007

© National Review Online What are they afraid of? The economy is solid. There's plenty of investment capital out there. People want homes; mortgage . . .


Bard for life
Jerry Bowyer
August 24, 2007

© TCS Daily William Shakespeare taught me how to read financial newspapers. My favorite play, Much Ado About Nothing, is well titled, because it is, in . . .


Harry Potter and the great relearning
Jerry Bowyer
August 22, 2007

© Townhall.com "Harry Potter books are really, really cool. I really like them; they're just so neat." So, says, Susan Bowyer (age 44) as she sits next . . .


Give credit where credit is due
Jerry Bowyer
August 17, 2007

© National Review Online Investors don't lend directly to homebuyers. They don't walk down the street and issue mortgages to their neighbors. Between . . .


Who's to blame for the sub-prime problem?
Jerry Bowyer
August 14, 2007

In 2003, many supply-siders found themselves in a debate with the American economic Left, most especially the New York Times. Larry Kudlow, Don Luskin, Art . . .


Q: How big is the sub-prime mortgage market?
Jerry Bowyer
August 9, 2007

© National Review Online Ben Stein said it well this past Saturday on Fox's Cavuto on Business: The sub-prime mortgage problem is grossly overstated; . . .


Harry Potter and the fire-breathing fundamentalists
Jerry Bowyer
August 2, 2007

© Townhall.com SPOILER ALERT: This article discusses the Harry Potter book series and contains spoilers including the final book just released in . . .


Mary and the wise guy
Jerry Bowyer
July 3, 2007

© Orthodoxy Today It's a clever line. When Christopher Hitchens slams Christianity he does it with style. "If we lost all our hard-won knowledge and all . . .


Captain cooked
Jerry Bowyer
May 25, 2007

© National Review Online John Browne is a columnist and editor for the financial section of NewsMax.com, which pushes hard on the themes of doom, gloom, . . .


Mr. Murdoch, don't buy it--build it
Jerry Bowyer
May 16, 2007

© TCS Daily Mr. Murdoch, the Bancroft family did a big favor for you last week. They refused to sell the Dow Jones Company to you for more than it's . . .


Newsflash: Builders aren't morons
Jerry Bowyer
May 14, 2007

© Human Events Enron, stock options, deficits, trade deficits, gas prices, oil prices: each of these during its time was the big financial story. The . . .


Apocalypse not
Jerry Bowyer
May 10, 2007

© TCS Daily Four years ago the folks at NewsMax sent me a request to interview Robert Prechter, the author of Conquer the Crash: You Can Survive and . . .


Dow 13,000
Jerry Bowyer
April 26, 2007

© National Review Online Question: What do Neil Cavuto and most of the folks over at Fox News; Steve Forbes, Rich Karlgaard, and much of the . . .


Anti-Bush bias (in black & white)
Jerry Bowyer
April 25, 2007

© National Review Online Each year the National Urban League releases a report called "The State of Black America." Inside this report is something . . .


On hating rich kids . . . and more
Jerry Bowyer
April 19, 2007

© National Review Online We know a lot more now than we did on Monday. And we know for sure that Cho Seung-Hui had a problem with America. Today, of . . .


Iraq-no phobia
Jerry Bowyer
January 31, 2007

© National Review Online On January 10, President George W. Bush gave a speech in which he announced plans to increase the number of troops in Iraq (and . . .


Pop-free housing slowdown
Jerry Bowyer
January 3, 2007

© National Review Online Ford's Former Home Languishes on Market." So read the headline of a Washington Post article last week, a desperate attempt to . . .


Goldilocks vs. Gold
Jerry Bowyer
December 27, 2006

© National Review Online Larry Kudlow has described this as the Goldilocks economy: decent growth, low inflation. But the gold bugs continue to warn . . .


The tech chain-store massacre
Jerry Bowyer
December 19, 2006

©TCS Daily On Wednesday, Retail & Food Services data came out for the month of November. It showed an unexpectedly large increase over October, which . . .


More jobs, more applause
Jerry Bowyer
December 12, 2006

© National Review Online It may not get as much press as the 2006 elections, the war in Iraq, or the incendiaries fired daily by Iranian president . . .


Don't follow the yellow brick road
Jerry Bowyer
December 5, 2006

© National Review Online Turner Classic Movies ran the Wizard of Oz a couple of weeks ago and one of my kids Tivo'd it. This means that it gets played . . .


Greatly inflated expectations
Jerry Bowyer
November 30, 2006

© National Review Online For about two years now there has been a deep division among members of the supply-side movement over the topic of inflation. . . .


Why I like deficits
Jerry Bowyer
November 16, 2006

© TCS Daily A reporter once asked President Reagan if he had anything to say in defense of his deficits. "No" answered Reagan, "they're big enough to . . .


What would Jesus tax?
Jerry Bowyer
November 8, 2006

"When Jesus tells us he will regard the way we treat the hungry, the homeless, the stranger, the sick, and the prisoner as if we were treating him that way, it . . .


The gospel according to Saint Marx
Jerry Bowyer
November 6, 2006

After seeing the failure of Washington-backed capitalist reforms in Latin America, I no longer think a third way between capitalism and socialism is possible. . . .


Time to throw the Phillips curve
Jerry Bowyer
October 20, 2006

© National Review Online Last week the Nobel committee announced that this year's prize in economics would be going to Dr. Edmund Phelps of Columbia. . . .


Sticking our necks out
Jerry Bowyer
October 10, 2006

© TCS Daily In 2003 I decided to write a book. I had been writing a regular column for National Review Online about the economy and I wanted to take . . .


Perfectly rational exuberance
Jerry Bowyer
October 5, 2006

After flirting with record closings for more than a week, the Dow Jones Industrial Average surpassed its all-time close of 11,722.98 on Tuesday, ending the day . . .


Census and sensibility
Jerry Bowyer
September 15, 2006

© TCS Daily I'm giving you a red pill and a blue pill. If you take the red pill, your income will roughly double in the next ten years, but your . . .


All the news that didn't fit
Jerry Bowyer
September 13, 2006

© National Review Online The New York Times Company is a business, and accordingly, it acts like one. Normally that wouldn't be a problem. But when the . . .


Bush: A pension reformer with results
Jerry Bowyer
September 8, 2006

© National Review Online On August 17, 2006, the day President George W. Bush signed his pension-reform bill, Rep. Charlie Rangel called it a "Trojan . . .


'These staff reductions are due, in part, to our productivity initiatives'
Jerry Bowyer
September 1, 2006

"The median hourly wage for American workers has declined 2 percent since 2003, after factoring in inflation. The drop has been especially notable, economists . . .


A vote for civilization in the Middle East
Jerry Bowyer
August 21, 2006

© National Review Online After the battle for southern Lebanon ended, the battle to dominate the global post-war spin room immediately began. Pundits . . .


The Warren Buffett paradox
Jerry Bowyer
August 11, 2006

© National Review Online Last Saturday, when Warren Buffett's Berkshire Hathaway company revealed that its boffo first quarter was due partly to high . . .


That 70s no-show
Jerry Bowyer
August 7, 2006

© TCS Daily There's a great scene in Annie Hall in which characters played by Woody Allen and Diane Keaton are talking to their respective therapists. . . .


Supply vs. supply, Part Deux
Jerry Bowyer
August 1, 2006

© National Review Online Last Friday the Dow rallied over 119 points, capping the biggest one-week point gain since 2004. The rally reflected a . . .


The financial paradox of our time?
Jerry Bowyer
July 10, 2006

© TCS Daily My friend Rich Karlgaard, the omnivorous and 'air-apatetic' publisher of Forbes magazine has declared that the simultaneous existence of a . . .


Hate to burst your (housing) bubble
Jerry Bowyer
July 5, 2006

© National Review Online A few weeks ago, BuzzCharts came across this headline: "80% Believe Housing Bubble." Now, we don't claim to know everything about . . .


The renewal of the West
Jerry Bowyer
June 28, 2006

If 200 years from now America will be filled with people who know and love the ideas of Jefferson and Madison — but these people are overwhelmingly dark skinned . . .


The financial prowess of the U.S. family
Jerry Bowyer
June 21, 2006

© National Review Online Imagine for a moment that you are a financial planner and you are advising a family that makes about $130,000 per year. Their total . . .


The labor shortage has begun
Jerry Bowyer
June 9, 2006

© National Review Online 2006 Everybody understands that the government measures the number of people looking for jobs. Very few people know that the . . .


Snow's job
Jerry Bowyer
June 2, 2006

© National Review Online 2006 This week marks the third anniversary of the implementation of President Bush's tax cuts on capital gains and dividends. It is . . .


Supply vs. supply
Jerry Bowyer
February 21, 2006

Some supply-side economists, including some of the disciples of the late Jude Wanniski, think that the Federal Reserve has not tightened enough and that high . . .


The Bush boom is color blind
Jerry Bowyer
February 10, 2006

The funeral of Coretta Scott King has reopened the monologue in America about how bad President George W. Bush has been for black people. Billions for war ... . . .


Greenspan's final grade
Jerry Bowyer
February 6, 2006

© National Review Online 2005 Alan Greenspan retired last Tuesday after serving more than 18 years as chairman of the Federal Reserve. While many credit . . .


Look closer: Jobless claims remain low
Jerry Bowyer
January 27, 2006

© National Review Online 2005 According to Economy.com, jobless claims under 350,000 a week indicate an expanding labor market. Last week, jobless claims were . . .


Iraq war not breaking the bank
Jerry Bowyer
January 23, 2006

© National Review Online 2005 Critics of the war in Iraq often complain about the "escalating cost of the war." Listening to them, you'd never know that the . . .


A stable jobs boom
Jerry Bowyer
January 14, 2006

Not all jobs are created equal. Some are volatile and speculative, and some are backed by real, existing profits. As it turns out, the jobs created over the . . .


The Laffer curve in action
Jerry Bowyer
December 15, 2005

© National Review Online 2005 Another month, another vindication of the Laffer curve. The Treasury Department has released its budget report for the month of . . .


The Lincoln approach to reconstruction
Jerry Bowyer
October 4, 2005

George W. Bush is not a Goldwater Republican — he's a Lincoln Republican. Like the founder of the Republican party, Bush doesn't mind spending money on his . . .


Clinton, Katrina & tax cuts
Jerry Bowyer
September 25, 2005

© National Review Online 2005 Last Sunday on This Week with George Stephanopoulos, Bill Clinton's core political values were put on full display. Unencumbered . . .


Almost 5 million serving
Jerry Bowyer
September 8, 2005

Let's call it Bowyer's Law: The emphasis that the mainstream media give to unemployment while a Republican is in the White House is directly proportional to the . . .


Falling down on the jobs
Jerry Bowyer
August 26, 2005

© Tech Central Station 2005 "You can look at lots of numbers. If you actually work with economic numbers, you have less respect for them than people who don't. . . .


Jobs in black and white
Jerry Bowyer
August 20, 2005

This is one of those cases where the received wisdom is tragically at odds with the economic reality. The current black unemployment rate is at its lowest point . . .


Rich Republicans?
Jerry Bowyer
July 11, 2005

© National Review Online 2005 Recently the Bureau of Economic Analysis released two reports which shed a lot of light on what's really going on in American . . .


The stag party
Jerry Bowyer
June 29, 2005

© Tech Central Station 2005 It's beyond me how anybody could look at this economy and think of stagflation. After all, President Bush mostly takes his cues . . .


Many happy returns
Jerry Bowyer
June 14, 2005

© National Review Online 2005 Recent polls have indicated that Americans, by an almost two-to-one margin, think the economy is doing poorly. However, Frank . . .


Job stats for dummies
Jerry Bowyer
June 3, 2005

© National Review Online 2005 It's understandable if you're a member of the general public and you're perplexed about the dozen or so stats that appear in the . . .


Mr. Bubble
Jerry Bowyer
April 22, 2005

© National Review Online 2005 Monday's column by Paul Krugman, "A Whiff of Stagflation," stretches the truth even by Krugmanian standards. In an attempt to . . .


The stage of Omaha
Jerry Bowyer
March 11, 2005

This week Warren Buffett released his annual shareholders letter. It got a lot of attention, partly because he's the second wealthiest man in America, but more . . .


Arab Wall Street rides the bull
Jerry Bowyer
February 3, 2005

ChartWell has long argued that capital markets are a great place to look for insight into the prospects for a future democratic and capitalist Middle East. When . . .


The jobs boom of 2004
Jerry Bowyer
January 13, 2005

The problem with economic debates is that they almost always occur before anybody really knows anything. Case in point: Last fall, the nation was engaged in an . . .


The supply-side experiment of 2004
Jerry Bowyer
January 6, 2005

One of the things I like most about history is that it occurs in an environment where all of the major axe-grinders are no longer alive. And the wonderful thing . . .


Did tax cuts hurt the dollar? Not a chance
Jerry Bowyer
November 22, 2004

© National Review Online 2004 In its November 13 edition, the New York Times blamed the current fall of the dollar on the federal budget deficits. BuzzCharts . . .


Of deficits and dollars
Jerry Bowyer
November 19, 2004

© NewYorkSun.com 2004 President Reagan once quipped that an economist is someone who asks, "It works in practice, but will it work in theory?" The gibe came to . . .


Why the Red States are red
Jerry Bowyer
November 1, 2004

© TechCentralStation.com 2004 Conservative Columnist: You know, Peter, it's mostly Republicans who are dying in Iraq... Peter Jennings: How do you know that.. . . .


Taxes, deficits, and war: the history lessons
Jerry Bowyer
October 22, 2004

John Kerry has repeatedly accused George W. Bush of being the first president in American history to cut taxes during a time of war. First, let's deal with . . .


The 72-year smear -- Kerry's jobs claim is false
Jerry Bowyer
October 20, 2004

"He's also the only president in 72 years to lose jobs — 1.6 million jobs lost." — John Kerry BuzzCharts strongly suggests that President George W. Bush and . . .


332,000 new jobs -- this is bad news?
Jerry Bowyer
October 11, 2004

If CBS News is your Oracle of Delphi, then the headline of this edition of BuzzCharts probably comes as a bit of a shock. You thought that the U.S. economy had . . .


Middle-class is in session
Jerry Bowyer
October 4, 2004

Last week in Wisconsin, John Kerry repeated a central part of his middle-class-squeeze theme: that college tuitions under the Bush administration are squeezing . . .


The 7,000 year itch
Jerry Bowyer
September 20, 2004

Bill Clinton is right: John Kerry should get off the topic of Vietnam and onto the topic of the economy. BuzzCharts would suggest that he bring some much-needed . . .


Jobs, Chapter II: 1.2 million served and hiring
Jerry Bowyer
June 5, 2004

(BuzzCharts) — The month of May saw the creation of 248,000 new jobs in the U.S. — but that's only half the good news. March and April payroll figures were . . .


Laffering all the way to the bank
Jerry Bowyer
April 30, 2004

Karl Popper said that the validity of a scientific theory is dependent upon its ability to accurately predict the future. If that is so, then the economic data . . .


Manufactured story
Jerry Bowyer
April 13, 2004

"We don't make anything anymore." "We've lost our manufacturing base, and now we're losing the service sector, too." These sentiments were heard regularly . . .


A Good Friday...for the Economy
Jerry Bowyer
April 8, 2004

By now, everybody who cares about politics or economics knows that last Friday the government released data that shows that employment grew extremely rapidly in . . .


The book of jobs: Boom naysayers lose their last refuge
Jerry Bowyer
April 6, 2004

You had a bad week if you're a Bush basher. You even had a bad week if you're simply in denial about the Bush boom. You were already demoralized by Wednesday's . . .


Remember the misery index?
Jerry Bowyer
March 19, 2004

BuzzCharts is in a nostalgic mood this week and has decided to play a hit from the "'70s, '80s, and '90s" — the misery index. During the stagflation days of the . . .


In defense of the unemployment rate
Jerry Bowyer
March 6, 2004

Since the president's tax cut was fully implemented last May the unemployment rate has dropped rapidly from 6.3 percent to 5.6 percent today. Everyone knows . . .


The myth of the discouraged worker
Jerry Bowyer
February 27, 2004

The mass media and the political opponents of the president's tax cut have been trying to get the American people to ignore the falling unemployment rate. It's . . .


The great supply-side experiment of 2003
Jerry Bowyer
December 31, 2003

In the summer of 2001, the President of the United States was forced to compromise away large portions of the tax cut package on which he had campaigned. Most . . .


The Saddam effect
Jerry Bowyer
December 19, 2003

There are a lot of people who said that they were disappointed with the performance of the stock market on Monday because they were expecting something that . . .


Lowering the boom: How a strong recovery is threatened by a weak dollar
Jerry Bowyer
December 2, 2003

Yesterday the Dollar fell to its lowest level against the Euro ever when it took over $1.20 to buy one Euro. When the Euro was created several years ago, it's . . .


Not a jobless recovery after all
Jerry Bowyer
November 12, 2003

This past week's announcements that new jobless claimed had been falling for five weeks straight and that new unemployment had dropped again came not a moment . . .


Heed the Arab (Wall) Street
Jerry Bowyer
October 23, 2003

Anti-American demonstrations, comments in Arab language newspapers, acts of violence against the occupation government of Iraq and even opinion polls have been . . .


Bush inflation: lowest since LBJ
Jerry Bowyer
October 6, 2003

Last week the government released its latest inflation numbers — the CPI (Consumer Price Index) pertaining to August 2003. It showed a very modest increase in . . .


Lies, damned lies, and job statistics
Jerry Bowyer
September 5, 2003

Mark Twain once said, “There are three kinds of lies: lies, damned lies, and statistics.” I doubt whether Mr. Twain would approve of our use of his quote for . . .


The blinder leading the blind
Jerry Bowyer
July 10, 2003

It’s tough to keep up with all the boogie men that liberal economists use to scare Americans away from tax cuts. It’s even tougher when the same people try to . . .


Is the dollar really doomed?
Jerry Bowyer
May 23, 2003

A euro buys more dollars right now than it has at any other time in the currency’s history. Now, of course, that would be a much bigger deal if the euro had not . . .


A "cheaper way"?
Jerry Bowyer
May 15, 2003

"There are much cheaper ways to tear down a statue," said Nancy Pelosi the day after the Iraqi people tore down the image of Saddam Hussein in downtown Baghdad. . . .


Grading Greenspan on a curve
Jerry Bowyer
May 13, 2003

BuzzCharts, not wanting to buck the trend toward grade inflation, has decided to grade our Fed chairman on a curve. By this standard, Alan Greenspan has done . . .


Middle East exchanges CLIMBED during the war
Jerry Bowyer
April 24, 2003

In times of political instability financial capital leaves first; hard assets in the form of hard currency, gold, silver, platinum, and diamonds, leave second; . . .


The first Bush tax-cut helped American households
Jerry Bowyer
April 11, 2003

Every month the Bureau of Economic Analysis releases the latest statistics on what it calls “Personal Income.” Personal income is essentially the combined . . .


European investors rooting for America
Jerry Bowyer
April 4, 2003

While national and international media focus their attention almost entirely on the political differences between the America-led coalition and western European . . .


S&P beats oil
Jerry Bowyer
March 20, 2003

If you sold American oil-company stocks this week and used the money to buy the S&P Index, you made a lot of money. If, however, you were a purveyor of the Bush . . .


Dems and deficits
Jerry Bowyer
March 19, 2003

The present-day Democratic party has focused rhetorical attention on the dangers of deficits, and true to form they are blaming the current president for being . . .


Oil & war
Jerry Bowyer
March 6, 2003

The chart below represents average annual domestic first-purchase prices per barrel of oil, expressed in inflation-adjusted terms, with all prices in 2003 . . .


Not a bad trade
Jerry Bowyer
February 26, 2003

Late last week, the new "trade deficit" figures were released. They show that in December of 2002 the estimated trade deficit was $44.2 billion, slightly larger . . .


Record breaking, or broken record?
Jerry Bowyer
February 13, 2003

On average, Bill Clinton’s deficits were larger than George W. Bush’s. On average, the Clinton deficits over the first three years of that administration were . . .


NASA points Left, the media Right
Jerry Bowyer
February 4, 2003

On “This week with George Stephanopoulos,” the erstwhile Clinton spin doctor asked former astronaut Sally Ride where NASA would be focusing its investigation of . . .


Mondale, Carter, and radical Islam
Jerry Bowyer
December 13, 2002

"And I'd also like to say that this election is about the future. It's not about the collapse of the Shah in 1979, and it's not about Afghanistan in 1980."  . . .


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