Economics

Hand-wringing Over May’s Low Jobs Numbers Is Premature

It’s far too early to be writing off the longest-running economic expansion in history, as some in the media appear to be doing....

Bob Adelmann June 7, 2019

Jobless Claims at 50-year Low, but Raising Minimum Wage Would Stop That

Bob Adelmann April 12, 2019

Initial claims for unemployment insurance are the lowest seen since 1969, when the U.S. workforce was half the size that it is now....

Government Deficits Running $100 Billion a Month; Lenders Not Concerned

Bob Adelmann March 24, 2019

The U.S. Treasury announced on Friday that the federal government has spent $1.8 trillion since October 1, while tax receipts were only $1.3...

Newark to Study “Universal Income Plan” for Its Poor

Bob Adelmann March 19, 2019

Newark Mayor Ras Baraka announced plans to create a commission to study the concept of a “universal” income plan to help the more...

Wall Street Journal: Median Pay for CEOs Is a Million Dollars a Month

Bob Adelmann March 18, 2019

Many CEOs are making millions per year, and socialist/progressives such as Alexandria Ocasio-Cortez and Bernie Sanders criticize that fact, despite their sparse, largely...

Financial Crisis Looming for NYC as It Teeters on the Edge of Bankruptcy

James Murphy March 12, 2019

According to some financial experts, New York City is currently facing the worst financial situation since February of 1975 when the city was...

New York Governor Cuomo Blames Exodus of Wealthy on Trump

Bob Adelmann February 5, 2019

N.Y. Governor Cuomo blamed his state’s revenue shortfall of $2.8 billion on Donald Trump during a press conference on Monday. ...

Buzzfeed and Other Media Suffering Financial Woes, Scrambling to Survive

C. Mitchell Shaw January 26, 2019

At the same time that many media organizations have hitched their wagons to a rabid anti-Trump narrative, many of them are struggling to...

Oxfam Report Notes Increasing Gap Between Rich and Poor, Fueling Anger

Warren Mass January 22, 2019

Oxfam asserts that governments are under-funding public services and failing to clamp down on tax dodging, supposedly increasing the income gap between rich...

Another Step Toward Auditing the Federal Reserve

Charles Scaliger January 18, 2019

Representative Thomas Massie kicked off the legislative New Year on January 3 with H.R. 24, the Federal Reserve Transparency Act. ...

Cellphone Location Data for Sale on Black Market, Investigation Reveals

Joe Wolverton, II, J.D. January 17, 2019

AT&T and the other major telcos have committed to stop selling customers’ location data after an investigation reveals the data ends up available...

Tax Attorney: Social Security Participants About to be “Disenfranchised”

Bob Adelmann January 1, 2019

The intergenerational conflict built into Social Security is about to heat up. ...

Top Headline – Stockton, CA Explores Universal Basic Income

TNA Video December 19, 2018

VIDEO - Even though Stockton emerged from bankruptcy a scant few years ago, the overpaid public servants have decreed it’s time to explore providing...