Economics

Geithner: No Double Dip

When he appeared on ABC News's This Week on February 7, U.S. Treasury Secretary Timothy Geithner was quizzed about the risk of the...

Bob Adelmann February 10, 2010

Latest on the Economy: Heading Up, or Head Fake?

Bob Adelmann February 1, 2010

When the Bureau of Economic Analysis announced that “the output of goods and services…increased at an annual rate of 5.7 percent in the...

Obama’s State of the Union — And the Economy

January 26, 2010

Although the likelihood that President Obama will embrace a free-market solution to fixing the economy anytime soon must be reckoned similar to the...

U.S. Debt Level Unsustainable, Report Says

Bob Adelmann January 21, 2010

“The debt level of the United States is unsustainable, something has to give,” said the co-author of a new joint report released last...

Federal Reserve Achieved Record Profits in 2009

Steven Yates January 12, 2010

Today more people are aware of the Federal Reserve's activities than ever before, mostly owing to the Ron Paul movement or H.R. 1207,...

The Fed: Forever Blowing Bubbles

Bob Adelmann January 11, 2010

An article in the New York Times asked that since the Federal Reserve “failed to recognize the last bubble,… why should Congress, or...

Bernanke: Lax Oversight Recession’s Cause

Bob Adelmann January 5, 2010

Regulatory failures and not low interest rates were responsible for the housing bubble, implosion and current recession, Federal Reserve Chairman Ben Bernanke asserted...

The Fed’s New Tool to Fight Inflation

Bob Adelmann January 4, 2010

Last Monday, the Federal Reserve unveiled its new “term deposit facility” as another tool to fight inflation. ...

Paul A. Samuelson, ‘Economics’ Textbook Author, Dies at 94

December 15, 2009

Long-renowned economist Paul Samuelson died on December 13 at his home in Belmont, Massachusetts, at the age of 94. In addition to writing...

Nancy Pelosi Supports Global Tax on Stock Transactions to Fund Next Stimulus Bill

Joe Wolverton, II, J.D. December 7, 2009

Speaker of the House Nancy Pelosi (D-Calif.) is the Will Rogers of big government: She never met a tax she didn’t like. Her...

Captains of the Economy: The ‘Good Ol’ Boy’ Network is Alive and Well

December 2, 2009

In its attempt to glorify “the 10 who shaped the U.S. economy the most since 2000”, ABC News did a great favor for...

Another Stimulus Spending Bill in the Works

Thomas R. Eddlem November 27, 2009

Top Washington Democrats are planning another round of "stimulus" spending legislation to create jobs, according to the Los Angeles Times for November 27....