Economy

Wednesday’s ADP Jobs Report Misleading: Job Loss in March Much Worse

The drop in employment reported by ADP looks much better than it really is, as the latest report does not account for data...

Bob Adelmann April 1, 2020

“Waffle House Index” Flashes Red as Unemployment Numbers Jump

Bob Adelmann March 31, 2020

The “Waffle House Index” is a useful indicator of the impact the virus shutdown is having on the U.S. economy. ...

Trump Wants to Reopen the Economy. Will the States Follow?

Bob Adelmann March 24, 2020

If Trump’s reopening happens soon enough the economy will survive, revive, and build a stronger, safer and healthier country. ...

U.S. Treasury to Offer Small Business Owners “Forgivable” Bridge Loans

Bob Adelmann March 23, 2020

The Federal Reserve is working closely with his agency to create a Main Street Business Lending Program that would give those owners an...

Don’t Panic: the Fed’s Offer to Stabilize Bond Markets Is not “QE-4”

Bob Adelmann March 13, 2020

Headlines from major financial sources virtually shouted that the Federal Reserve was suddenly employing “QE4.” It seems headline writers are suffering from the...

Meet Flippy the Burger Chef, Who Never Sleeps or Goes Home — and Makes $3 an Hour

Selwyn Duke March 1, 2020

A new Karl Marx can come along shouting “Workers of the world, unite!” but Flippy the burger chef will hear none of it....

President’s Report Shows U.S. Economy Continues To Exceed Expectations

Bob Adelmann February 21, 2020

The Economic Report of the President, released on Thursday, touts the remarkable performance of the U.S. economy under the current administration. The good...

ADP Says 291,000 New Jobs in January; It’s More Like 336,000

Bob Adelmann February 5, 2020

More good news from the Trump economy: 336,000 new jobs in January. ...

Latest Gallup Poll Gives Trump More Ammo for SOTU Speech

Bob Adelmann February 3, 2020

The latest Gallup poll, conducted the first two weeks of the New Year, provides President Trump with even more ammunition for his State...

Fed to Hold Interest Rates Steady; Seeks Increase in Inflation

Bob Adelmann January 30, 2020

Fed Chairman Jerome Powell suffers from the delusion that smart people in high places with advanced degrees can beneficially manipulate a $22 trillion...