Economic Commentary
Latest 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. ...
Fed 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...
Read moreIs the Fed Risking a Recession by Raising Interest Rates?
With the Fed likely to raise overnight bank lending rates by one quarter of one percent on Wednesday, observers are increasingly concerned that...
Read moreRecession in Trump’s First Term?
Even the hardiest skeptic cannot find clouds in the economy's sky. ...
Read moreTax Foundation: Average American Works 109 Days to Pay All of His Taxes
This year’s Tax Freedom Day, which “represents how long Americans as a whole have to work in order to pay the nation’s tax...
Read moreStates Working to Restore Sound Money
VIDEO - A growing number of American states are taking action to restore sound money, reports correspondent Alex Newman for The New American....
Read moreTerrified of Tariffs?
To judge from the impassioned cries of his opponents, one might think President Donald Trump’s tariff announcement on March 1 was the opening...
Read moreFed Sees Inflation Coming, Raises Rates to Head it Off
The Fed will make eight quarter-point rate hikes between now and the end of the year 2020 in order to stave off predicted...
Read moreTrump’s Budget Won’t be Balanced, Just Restrained
Under President Trump's proposed budget, the governemnt admits it can't end deficit spending, but will merely attempt to make those deficits smaller by...
Read moreThe Coming Avalanche of Repatriated Dollars
The impact of Apple’s repatriation of its overseas profit hoard of some $250 billion — which is expected to be massive — could...
Read moreBeyond Trickle Down
“Did you see they're doing trickle-down again?” asked a buddy of mine, a Vietnam vet, the other day at lunch. “It doesn't work....
Read moreMinimum Wage Hikes Take a Toll; Red Robin Announces Massive Layoffs
Even the government’s best intentions usually result in unintended negative consequences, and the new minimum wage increases that went into effect on January...
Read moreCredit Card Debt Hits $1 Trillion, Raising Alarms
Increasing credit card debt, managed prudently, may be more reflective of a growing and increasingly vibrant economy rather than a warning signal. ...
Read moreWhat the Latest Jobs Reports Really Mean
The jobs reports are a "surface" indicator showing something much more profound taking place in the economy. ...
Read more18 States Raise Minimum Wage in 2018
Not every state has gone crazy: 32 states didn't mandate increases in minimum wages this year. ...
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