The Great Recession and American Boomer Reality
In its extensive study of how the Boomer generation is faring, the Wall Street Journal focused mostly on their difficulties, challenges, disappointments and...
Economic Commentary
Interest On Debt To Quadruple Within 10 Years
Anyone who reads a newspaper knows the United States is financially doomed. Even reportage from the usual left-wing sources confirm as much to...
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Obama Budget Sleight of Hand
Of all the explanations, statistics, projections, and conjecture about the Obama administration’s new budget, nothing has had the impact of this simple graph...
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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...
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Economic Stimulus and Economic Stress
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...
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Are Living Standards Improving?
Five years ago Donald Boudreaux, Economics Professor at George Mason University and author of the website Café Hayek, bought a used 1975 Sears...
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Bernanke Issues Warnings, Accepts No Blame
Federal Reserve Chairman Ben Bernanke’s address to the National Press Club on Thursday was a remarkable blend of hubris, claimed innocence, and warnings....
Read moreIs Breakfast Now a Luxury Item?
With the wholesale prices of orange juice and coffee increasing by 20 percent and 41 percent respectively just over the past six months,...
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Chrysler Loses Money, Pays Bonuses Anyway
On Sunday, millions of Super Bowl fans will most likely ignore the huge investment Chrysler is making in television ads in promoting its...
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American Jobs Market in Peril
Forecasts made by the Bureau of Labor Statistics that the 2000s would yield nearly 22 million net jobs have been proven false by...
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Myth: The Sky Will Fall if the Debt Ceiling Isn’t Raised
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...
Read moreS&P Downgrades Japan: Harbinger for US
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...
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Financial Crisis Inquiry Commission Report: Classic Misdirection
After nearly two years of investigation, reviewing millions of documents and conducting hundreds of interviews, the Financial Crisis Inquiry Commission (FCIC) released its...
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Housing Double-dip Is Here: Case-Shiller
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....
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Would Higher Taxes Help Cash-Strapped States?
The dire economic straits of the nation have prompted progressives to call for increased taxes, a measure they believe can help offset the...
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