About: Bob Adelmann
Posts by Bob Adelmann
Trump “Slump” in Gun Sales Is Only Temporary
The high sales volume that the gun industry saw under President Obama is declining, but the "new normal" will be at a much higher level. ...
Drop in Crude Oil Prices Threatens OPEC and Its Production Cut Deal
OPEC's epic failure to force oil prices higher will end its production cut agreement, and signal the end of the cartel itself. ...
Restaurants Add “Labor Surcharge” to Tabs to Cover Minimum-wage Increases
Once again the price of economic ignorance will be borne mostly by those who are ignorant. By Bob Adelmann ...
Australia’s Second Gun Buyback Likely to Fail
Australia's new gun-buyback program is a tacit admission that the first effort 20 years ago failed, leaving the vast majority of now-illegal firearms in the hands of the country’s...
Debt-ceiling Charade Begins Again
When it comes to the budget, spending, and paying the bills, words such as ceiling, suspension, and extension mean nothing. It’s a game. Congress spends the money, the Treasury...
Friday’s Jobs Report Confirms Wednesday’s Blowout Numbers
Friday's Bureau of Labor Statistics employment report removes any doubt that Wednesday's robust jobs report was an aberration. By Bob Adelmann ...
Crude Oil Price Plummets, Catching OPEC by Surprise
With crude oil prices dropping despite OPEC's best efforts to raise prices, the day may already be here when oil sheiks can no longer control the price of oil....
Samsung to Expand in United States, Bringing Back 500 Jobs From Mexico
The South Korean behemoth maker of consumer electronics, semi-conductors, ships, and telecommunications equipment was reported by the Wall Street Journal to be investing $300 million in facilities in South...
February Jobs Numbers Explode, Blowing Past Economists’ Expectations
The ADP/Moody’s jobs report released on Wednesday showed job growth 50-percent ahead of Wall Street’s expectations: 298,000 jobs were created in February versus expectations of less than 200,000 by...
Brazil Continues to Stagger as Economy Slows, Corruption Probe Expands
Operation Car Wash in Brazil has, over the last three years, uncovered massive corruption and sped the country's decline. Unfortunately, the investigation has much further to go. ...
Crude Oil Shortage in Three Years?
Predicting the future for crude oil prices is a hazardous business at best, as the folks at IEA will soon find out. ...
AT&T Agrees to “Re-source” Jobs Back to United States
The union representing AT&T workers in five southern states has reached a tentative agreement with AT&T Southwest that includes a promise to hire 3,000 American workers to do jobs...
Interior Secretary Repeals Another Obama-era Second Amendment Infringement
New Interior Secretary Ryan Zinke performed a vital task: seconding Trump's determination to keep his campaign promise to support the Second Amendment. ...
Is Obama’s New Home the “Nerve Center” for Anti-Trump Resistance?
Is former president Barack Obama’s new home the “nerve center” for the anti-Trump resistance? Most likely not, but it could be. ...
Coal Making a Comeback, Thanks to Trump
President Trump's aggressive, pro-energy agenda has helped launch a resurgence of the U.S. coal industry. ...