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Opinion
Economic Growth Down, Inflation Up: Stagflation Ahead?
The Bureau of Economic Analysis just announced that real gross domestic product growth for the first quarter of this year…
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Opinion
Biden’s EV Policy Will Slow Innovation
President Biden believes that Americans should be driving electric vehicles rather than those with gasoline powered engines. His plan was…
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Opinion
Are illegal immigrants helping or hurting the economy?
Since 2021 it is estimated that up to 10 million immigrants have illegally entered the US, although some estimates are…
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Opinion
With CPI Up, Fed Must Now Raise Interest Rates
The Consumer Price Index for March was just released. The monthly CPI number indicated that overall consumer prices rose by…
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Opinion
Strong Jobs Data Means More Inflation, No Interest Rate Cuts
The U.S. economy added a whopping 303,000 jobs in March beating economists’ expectations of about 200,000 jobs. The unemployment rate…
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Opinion
April Fools: Minimum Wage Increases to $20
Starting on April Fool’s Day, the minimum wage for all workers in the fast-food industry in California will increase to…
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Opinion
The Incredible Donald Trump
Donald Trump will be the Republican Party’s nominee for President of the United States. This is truly remarkable. Fighting forceful…
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Opinion
No Rate Cuts This Year. Maybe a Couple of Hikes.
The Federal Reserve’s Open Market Committee is holding their March meeting today. At the end of last year, most investors…
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Opinion
Biden budget? Tax and spend, here we go again
President Biden has proposed his budget for fiscal year 2025. This proposal will increase government spending by more than 12%…
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Opinion
No Joe, price gouging, shrinkflation are not the problems
Recently President Joe Biden said that he will take action to reduce high prices. He notes that prices, on average,…
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Opinion
Americans Feel Lousy in Biden’s Good Economy
President Biden cannot understand why the approval rating on his handling of the economy is so low. About two-thirds of Americans call…
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Opinion
Stagflation may be here by late summer
As economic growth slows and inflation rises, the economy could see stagflation – a condition where economic growth stalls, yet…
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Opinion
Does the unborn child have any rights at any time while in the womb?
On the question of allowing abortions at any time, each voter generally takes either a pro-life or pro-choice position. But…
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Opinion
Ridiculous Trump Verdict Catastrophic for US Economy
Recently a New York state judge ordered Donald Trump to pay $364 million as part of a fraud trial against him and…
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Opinion
Credit Card Debt Indicative of Inflation Psychology
When the Federal Reserve paused its interest rate increases last September, I worried that it stopped raising rates too soon.…
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