Economic Commentary
Presidential Candidate Ron Paul’s “Extremism”
Claiming that presidential candidate Ron Paul leads the “economic suicide wing” of the Republican Party, Brent Budowsky, writing for The Hill, says that...
The Real Impact of a U.S. Debt Downgrade
When Standard and Poor’s moved up their timeframe for a downgrade on U.S. sovereign debt from three to five years to just 90...
Read moreObama’s Letter to Americans: Stand Behind Efforts to Raise Debt Limit
President Obama’s open letter to the American people published yesterday in USA Today challenges them “to do something big and meaningful" and stand...
Read moreNo Saturday Mail Any More?
The Constitution and the early organization of the federal executive branch properly limited the scope of government activities to a few areas. Education...
Read moreLooking for Green Shoots in the Economy
Just a month ago one of the most accurate economic forecasters on the planet looked at the economy and concluded that another recession...
Read moreFed Insiders Selling Inside Information
In an effort to plug leaks at the Federal Reserve, the U.S.'s central bank issued a statement yesterday that members of the Federal...
Read moreEconomists Are at a Loss; So Are Jobs
Once the awful job numbers announced by the Bureau of Labor Statistics job numbers were digested, it was clear that the clairvoyant economists...
Read moreFTC Probes Google in Fishing Expedition
Google announced on its blog on June 24th that the Federal Trade Commission had launched “a review of our business. We respect the...
Read moreRand Paul Works to Protect State Gold Money From Taxation
Constitutionally minded members of Congress Senator Jim DeMint of South Carolina, Senator Rand Paul of Kentucky, and Representative Mike Lee of Utah have...
Read moreIMF Wants US Debt Ceiling Raised Immediately
The June 20th report of the International Monetary Fund (IMF) to the United States strongly recommended that the debt ceiling be raised because...
Read moreThe Fed’s Projections Are Too Rosy, Again
The economic projections released by the Federal Reserve on Wednesday estimated that in less than two years the unemployment rate would be down...
Read moreU.S. Leaders Seek Immigrant “Savants” to Jumpstart American Economy
Michigan’s Republican Gov. Rick Snyder (left), a former computer executive/entrepreneur, now in his first elective office, has seized upon an idea he believes...
Read moreMcKinsey Report: Unemployment to Stay High for Ten Years
Even under the “high-job-growth” scenario offered by the McKinsey Global Institute (MGI), it will take ten years for the U.S. economy to generate...
Read moreScientific Evidence Proves Capitalist Ideas May be Innate
Americans have indicated avid opposition to property rights violations throughout the course of U.S. history, whether those violations take the form of taxation,...
Read moreHigh Unemployment and Black America
The economy remains the biggest political issue today. In many respects, it is always the most important issue for African Americans. Polling data...
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