Economic Commentary
Amazon’s New $15 Minimum Wage Is a Shrewd Political Move
Amazon’s announcement that it will raise its minimum wage to $15 an hour is a smart political move for its owner, and it...
Read moreThe Coming National Debt Tsunami
According to the Treasury, the government’s national debt jumped in the fiscal year ending September 30 from $20.2 trillion to $21.5 trillion, or...
Read moreU.S. Economy Setting Records, Surprising Market Bears
The Conference Board's report on consumer confidence in September, released earlier this week, caught forecasters by surprise once again. ...
Read moreNew Unemployment Claims Headed for 50-year Lows
The jobless claims report from the Department of Labor (DOL) for the week ending September 15 came out on Thursday, showing unemployment to...
Read moreNearly Half a Trillion Dollars Already Repatriated; More Coming
In the first six months of 2018 alone, American companies have called back $465 billion of untaxed corporate earnings from abroad. ...
Read moreTrump Seeks Third Round of Trade Talks With China, Sensing Their Vulnerability
Will the third round of trade talks go any better than the first two? ...
Read moreTrump: Economy “Booming Like Never Before”
By nearly every metric, the economy under Trump continues to expand. ...
Read moreEconomy Booming: Could We See Trump’s Claimed 5% GDP Growth?
Second-quarter GDP growth was revised upward, to 4.2 percent, and some are now predicting 4.6-percent third-quarter growth. Could Trump's claim of five-percent GDP...
Read moreNew Arizona Law Moves State One Step Closer to Sound Money
New law in effect in Arizona moves the state one step closer toward sound money. ...
Read moreStrong Economy Boosting Trump’s Poll Numbers
The president is enjoying ever-stronger poll numbers as the economy continues to grow. ...
Read moreTrump Calls Out the Power of the Federal Reserve
Presidents are expected to keep quiet about whatever the Federal Reserve does. But Donald Trump has become famous for upending supposedly sacrosanct protocols....
Read moreFederal Deficit Up 16 Percent Following Tax Reform
In the first nine months of the present fiscal year, total federal revenues were $2.54 trillion, while total federal spending was $3.15 trillion,...
Read moreLatest CBO Report: Government Debt to Double by 2048
Schumer says it's a plot. Portman says it's understated. Lots of things will change in 30 years. ...
Read moreFed Raises Interest Rates Again Despite “Mystery” Over Lack of Wage Increases
Federal Reserve Chairman Jerome Powell suffers from the same disease infecting all those on the board: the hubris that they really know what's...
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