Justin Mohr Show

A new study from the University of Washington has shown that Seattle's new $15 minimum wage is actually hurting those low skilled workers that it was intended to help!  It's amazing how people are still shocked by things like this but I guess maybe it shouldn't be, since the average person out there is economically illiterate!  Many of the so called "experts" out there are also economically illite...

With the republicans in charge on Capitol hill, it seems we might just get some tax reform. Many republicans seem to think that if we can just cut taxes we can get the economy booming and the debt problem we have right now will be no more. This view sounds all well and good but if republicans are really thinking cutting taxes and at the same time growing the size of government will make things bet...

69% of Americans admit to have less than a $1000 in the bank! Why is this? Even the retirees out there die broke. 46% of retirees die with less than $10,000 in the bank. That's not much money when you're not bringing in income and are relying on savings! There's no question there's a lot of factors that have led to the average American being broke and the payment mentality is certainly one of the...

Jared Bernstein, from his new piece at the New York Times discusses what the lefts agenda should be. He makes the case that progressives must remain in waiting and be ready when it's time to act but always be fighting. All of the agenda items he wants to see calls for more government programs, more regulations, more subsidies for the poor and he thinks this will make life better for the averages A...

Half of the cost of an electric car is from the battery packs and cost of these battery packs are projected to fall 77% by 2025!  Just back in 2010 it cost $1000 per kWh and today Tesla is doing it at a cost of $190 per kWh. So prices have already fallen significantly and will continue this trend. This is encouraging to see and this is why we don't need to subsidize and encourage people to go "gre...

Many conservatives and supply siders seem to think we can grow out of massive debt problems but that is not the case. Even if we achieved economic growth of 3% instead of our current average since 2010 at 2% that will cut the deficit by $3 Trillion over the next decade. That sounds all nice but we will still be adding another $9 Trillion to the debt over that same decade! Entitlements need to be a...

Capitalism today is seen as a bad word but this is because what people see as capitalism is really crony capitalism! This is what we need to change in people's minds!  This is not how capitalism really is!  Capitalism is about exchanging value for value. The very wealthy are getting wealthier at a faster pace today compared to every other income group out there because the very rich benefit from a...

The crisis in Venezuela just continues to get worse. Riots have been going on for 2 months now and protestors have taken down a statue of Hugo Chavez. The crisis continues to get worse as the government continues to take more and more control. Seizing private property, having majoring ownership in 511 companies and things just get worse for the Venezuelan people. When will people put 2 and 2 toget...

April 29th marked President Trump's 100th day in office. The importance of the first 100 days is stressed day in and day out in the media but what's to make of Trump's presidency thus far? Some libertarians were enthusiastic supports of President Trump. They thought Trump's foreign policy would be very much isolationist. What we have learned of Trump's first 100 days in office is that he's an inte...

American Airlines now has its own incident and I don't see the news headlines for this one like we saw with United. An employee of American Airlines hits a woman with a stroller while me pulls it out of her hands and the stroller almost hits the woman's baby as well. After this incident the employee comes back on the plane and asks a passenger if he wants to fight and go at it. Also, the former ki...

United Airlines was the topic of media discussion all last week with the bloody Dr. David Dao. There're some simple solutions that could have prevented this horrible incident from ever occurring! Obviously compensation greater than $800 should have occurred to entice passengers to voluntarily give up their seats. Also, last minute changes to flight crews should be avoided when everyone had already...

Danielle DiMartino Booth has a new book out on the fed from an insiders perspective. She says many things that Austrians can agree with and other things where she doesn't go far enough!  She says we shouldn't get rid of the fed but rather just need more competent people in charge. John Tamny offers critiques on her book but John misses the point in many respects. John Tamny thinks we mainly don't...

Elon Musk successfully launched and landed the recycled rocket, Falcon 9. This is such a perfect example of how the private sector does things better and far cheaper than anything the government can do. The private sector can launch a rocket at a price tag of $200,000 compared to NASA's cost of $450 million!  Isn't that insane!? The more money that goes to government than that's more money that is...

Paul Ryan pulled the vote expected vote for the republican healthcare bill. The republican party is at war with itself. We see the establishment types blaming conservatives for not falling in line. The republican healthcare bill was a disaster and this goes to show that all the republican votes to repeal Obamacare, while Obama was in office was a bluff!  The republicans never did want to fully rep...

The Federal Reserve raised interest rates for the 3rd time in 10 years at its March meeting. Most of the "experts" out there didn't expect this rate hike until the week before!  Janet Yellen is more aggressive to raise interest rates simply because Trump is now the fall guy. Trump from his tweets has taken ownership of this economy from the political perspective. Meanwhile in Venezuela, things are...

People are upset with what I had to say in regards to Indian reservations and capitalism. People today like to see themselves as victims. Once you see yourself as a victim you have already lost!  You have the power to change your thinking at any time and how you choose to let things effect you. Most people don't get this and they settle for mediocrity in life. The latest jobs numbers released were...

Trump addressed Congress for the first time and his speech had a very nationalistic and police state sort of vibe to it. The republicans that were against a big government when Obama was in office, now seem to be falling behind their leader supporting a $1 Trillion infrastructure program! President Trump also suggested five things that he wants to see done with healthcare and it really sounds like...

A local radio host at KCTR in Montana, Paul Mushaben, was taken out by the politically correct culture that's overwhelming the politics of today! He has been indefinably suspended for pointing out the property destruction that has taken place when Native American basketball teams have played other schools in Montana. To boil this all down, what is it that has led to this sort bad reputation from t...

The stock market continues to hit record highs and the Dow is nearing in on its next target, a 21,000 point DOW. How much more will the markets go up before the big crash? That's something hard to predict but gold and silver have also been on the rise. Gold is up nearly 8% in 2017 and silver is up 13%. Gold and silver are still not anywhere close to their record highs from 2011. With I high risk s...

The super bowl this year turned out to be an incredible game with the comeback win by the patriots. Tom Brady, who is arguably the best quarterback of all time, was a 6th round draft pick!  When each NFL team has a salary cap of $155 million a lot of strategy and opportunity cost comes into when putting together a "winning" team. Then we move over to Venezuela and those people are going through a...

The 2,300 page Dodd-Frank bill that was passed into law back in 2010, is seen as a way to prevent another 2008 like event. This line of thinking is totally out of wack with reality and another financial crisis is coming!  Politicians always think if we just add another regulation that will protect us but unintended consequences come with these new regulations and Dodd-Frank is full of them!  The p...

The GDP growth numbers for 2016 were recently released and it was below expert expectations. GDP growth for 2016 was only 1.6%! The average GDP growth for the last 7 ½ years was only 2.1%! Those are some really lousy numbers! The question is, why has our economy grown so slowly these last 7 ½ years? It's mainly because government spending is crowding out private sector investment! We need to shrin...

On January 20th Donald Trump was officially sworn in as the 45th President of the United States. The 17 minute long speech he gave had a very nationalistic sort of tone to it and that is not a good sign for lovers of liberty.  Obama added $9.3 Trillion to the national debt in 8 years, while Bush added $4.9 Trillion. The problem with our economy today and the problems our country is facing is we're...

Vehicle discounts increased in December of 2016 to increase auto sales to yet, another record year!  Demand for cars has fallen because the auto bubble is deflating and it took a decrease in vehicle prices to bring people into dealerships. How much longer will this go on? The auto loan bubble will be fully pricked by the time the next economic crisis is here and we seem to be very close to that. A...

Donald Trump is 10 days away from being sworn in as the 45th President of the United States so we have to ask ourselves what will a Trump presidency look like? The way Trump is on twitter all the time saying he will put tariffs on a company that sends jobs overseas is rather concerning. It's going to be an interesting 4 years of the Donald and I don't think they will be good for liberty at all.