Economic Commentary
Federally Subsidized Smartphones Contain Chinese Spyware
Smartphones being given by the federal government to low-income people have Chinese spyware installed, spyware that can’t be removed and that gives agents...
Rise in Consumer Sentiment Bodes Well for Trump’s Reelection
Consumer sentiment in October beat forecasters expectations and sets the stage for Trump's reelection next year. ...
Read moreStrong Jobs Report Quashes Recession Fears
Friday’s jobs report from the Bureau of Labor Statistics confirmed that the U.S. economy remains strong and robust, employing record numbers of Americans...
Read moreDon’t Listen to Establishment Economists on September Jobs Numbers
Commentary from establishment economists such as Moody’s Mark Zandi may be safely ignored by those seeking an accurate picture of the U.S. economy:...
Read moreMillion-dollar Homes in Aspen Aren’t Selling. Recession Ahead?
The claim that since million-dollar homes in Aspen are taking up to three years to sell means that a recession is coming is...
Read moreTrump Wants a Weaker Dollar. Is That a Good Thing?
A weaker dollar could awaken bond investors from their decades-long slumber. They would be forced to conclude that the U.S. government is not...
Read moreKudlow, Wall Street, and Economy Calling for Interest-rate Cut
The Fed is now hinting that it might reverse its recent interest-rate hike. ...
Read moreEconomy Surprises to the Upside: 224,000 New Jobs in June; 335,000 Re-enter the Workforce
This economy has legs. It's now into its 11th year of expansion, the longest in history. ...
Read moreU.S. Economy Settling in for the Long Haul, Say Two Reports
The U.S. economy remains the envy of the world. Two reports confirm it. ...
Read moreFormer Fed Chair Yellen Doesn’t Appreciate Trump’s Criticism of the Nation’s Central Bank
Former Fed chair Janet Yellen seized an opportunity to declare that Trump’s criticism of the central bank might damage its reputation and disrupt...
Read moreCBO: National Debt to Nearly Double by 2029
The United States is going to have to print lots of money to pay for its impending bills. Venezuela here we come! The...
Read more“Modern Monetary Theory” Will Pay for AOC’s Green New Deal
Modern Monetary Theory — governments can just print money to spend as much as they want, since they control the currency — is...
Read moreGOP-controlled House Added Nearly $8 Trillion to National Debt
The Republican-controlled House of Representatives oversaw a nearly $8 trillion increase in the national debt. ...
Read moreU.S. Government Ran $100 Billion Deficit in October
The Treasury reported total government receipts of $253 billion for the month of October, while total outlays were $353 billion. The U.S. taxpayer...
Read moreDow Loses 800 Points in Two Days — a Forecast of Weakening Economy?
Monday’s selloff in stocks brought the Dow Jones Industrial Average down more than five percent since early October. Is this decline a harbinger...
Read more