Economic Commentary
Strong Economy Boosting Trump’s Poll Numbers
The president is enjoying ever-stronger poll numbers as the economy continues to grow. ...
Trump 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...
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...
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