Economic Commentary

Deficit Expected to Surpass Size of U.S. Economy

Not only does President Barack Obama’s budget, released Monday, fail to make any real progress in spending cuts, but it reveals a frightening...

Raven Clabough February 15, 2011

Economic Stimulus and Economic Stress

Brian Koenig February 14, 2011

The U.S. economy's agony endures, as “economic stress” in December escalated, with foreclosure rates a major topic of concern. According to the monthly...

Are Living Standards Improving?

Bob Adelmann February 8, 2011

Five years ago Donald Boudreaux, Economics Professor at George Mason University and author of the website Café Hayek, bought a used 1975 Sears...

Bernanke Issues Warnings, Accepts No Blame

Bob Adelmann February 4, 2011

Federal Reserve Chairman Ben Bernanke’s address to the National Press Club on Thursday was a remarkable blend of hubris, claimed innocence, and warnings....

No Image Available

Is Breakfast Now a Luxury Item?

Bob Adelmann February 3, 2011

With the wholesale prices of orange juice and coffee increasing by 20 percent and 41 percent respectively just over the past six months,...

Chrysler Loses Money, Pays Bonuses Anyway

Bob Adelmann February 2, 2011

On Sunday, millions of Super Bowl fans will most likely ignore the huge investment Chrysler is making in television ads in promoting its...

American Jobs Market in Peril

Raven Clabough January 31, 2011

Forecasts made by the Bureau of Labor Statistics that the 2000s would yield nearly 22 million net jobs have been proven false by...

Myth: The Sky Will Fall if the Debt Ceiling Isn’t Raised

Bob Adelmann January 31, 2011

At this moment the national debt, according to the U.S. National Debt Clock, is at $14.094 trillion and increasing by $4 billion every...

No Image Available

S&P Downgrades Japan: Harbinger for US

Bob Adelmann January 28, 2011

Standard and Poor’s gave plenty of reasons for its downgrade of Japan’s credit rating yesterday such as increasing annual deficits and soaring national...

Financial Crisis Inquiry Commission Report: Classic Misdirection

Bob Adelmann January 27, 2011

After nearly two years of investigation, reviewing millions of documents and conducting hundreds of interviews, the Financial Crisis Inquiry Commission (FCIC) released its...

Housing Double-dip Is Here: Case-Shiller

Bob Adelmann January 26, 2011

One of the most-watched and highly regarded indices giving direction to the housing market is the S&P/Case-Shiller Home Price Index published every month....