Michael Busler

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…

3 months ago

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.…

3 months ago

Latest Data Indicates No Rate Cuts Anytime Soon

Most Americans - including most of those on Wall Street - believe that the Federal Reserve will cut interest rates…

3 months ago

Economic Growth Is Strong. Why? And What’s Next?

The Bureau of Economic Analysis recently announced that GDP growth in the fourth quarter of last year was 3.3%. That meant for…

4 months ago

Two Senators Take on the Big Pharma Beast

A recent Pew Research poll confirms that the vast majority of Americans believe special interests and their campaign contributions dominate our political…

4 months ago

Inflation Rises to 3.4%,Likely to Go Higher

The Bureau of Labor Statistics just released the inflation data for December 2023. The Consumer Price Index increased by 0.3%…

4 months ago

Bidenomics Keeping US Economy Off Balance

The free market system, when left alone, will always reach a balance. Individual markets end up with a fair price…

5 months ago

If Inflation Increases, Forget About Interest Rate Cuts

Recently, Federal Reserve chair Jerome Powell said that with the inflation rate falling and the labor market cooling, interest rates…

5 months ago

Secretary Yellen Looks to Be Wrong Again

Treasury Secretary Janet Yellen recently talked about the progress that the Biden administration and the Federal Reserve have made toward…

5 months ago

Airline mergers will improve efficiency and benefit consumers

JetBlue Airways wants to buy Spirit Airlines. Alaska Airlines wants to buy Hawaiian Airlines. Both deals must be approved by…

5 months ago

Despite Rhetoric, Inflation Remains a Major Problem

The good news is that the annual inflation rate has fallen from a peak of 9.1% in June 2022 to…

6 months ago

Is Romney/Manchin a Winning Ticket?

There are apparently many Americans who don’t want either political party frontrunner to be president. A recent NPR-Marist poll found 65%…

6 months ago

House Israel Aid Equipped With a Funding Source

The House of Representatives recently passed a bill to provide $14.3 billion in federal aid to Israel. Usually spending bills…

6 months ago

The Fed’s Shockingly Irresponsible Interest Rate Pause

For the second consecutive meeting, the Federal Reserve has decided to hold interest rates constant. Just as it did in…

7 months ago

UAW Deal Cements Wage-Price Spiral

As noted in a prior column, the country has started to experience the beginning of the dreaded wage-price spiral. This one,…

7 months ago