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Money & The Economy

News on Finance, Money, markets and the economy

How fake news and delusions win elections!

Will this ever end? This is like the march of the spoiled brats. They lost! In the immortal (God I hope not!) words of Mr. Obama, “I won. Get over it.” The Left was all excited when he won again in 2012, even though they had precincts that reported over 108% of the registered voters. Even though they had people ...

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Full Event: Donald Trump, Mike Pence Carrier Plant Announcement 12/1/16

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After having successfully negotiated to save at least 1,000 jobs at the Carrier air conditioning plant in Indiana, President-elect Donald Trump and Vice President-elect Mike Pence visit the plant to meet the people who will no longer face unemployment and make comments about the negotiations. Thursday, December 1, 2016: Live streaming coverage of President-Elect Trump and VP-Elect Pence’s announcement at the ...

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Treasury Secretary Nominee Steve Mnuchin On Economic Growth and Tax Reform

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Donald Trump’s Treasury Secretary nominee told a CNBC panel about the administration’s plan to re-energize the economy. President-elect Trump announced Wednesday morning that he had selected Steve Mnuchin to lead the Department of the Treasury. Mnuchin told CNBC’s “Squawk Box” that corporate and individual tax reform are the “first priority” in order to achieve sustained GDP growth of 3-4%.

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Fair Tax Series: America’s Road to Prosperity Part 5: Conclusion

THE FAIRTAX SERIES: AMERICA’S ROAD TO PROSPERITY Part 5: Conclusion   In this final installment of the FAIRTAX series I want to review the content of the series and give a few personal thoughts on our country, our system, and how I see the FAIRTAX being an integral part of the solution to our debt issue, though not the only ...

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Fair Tax Series: America’s Road to Prosperity Part 4: The Pre-bate

THE FAIRTAX SERIES: AMERICA’S ROAD TO PROSPERITY Part 4: THE PRE-BATE In this installment of the FAIRTAX series I want to cover the “pre-bate” provision of the plan. The “pre-bate” is a provision designed to help with the basic necessities of life, to essentially “un-tax” food, medicine, utility costs, clothing, etc. up to the poverty level. It is not designed ...

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Fair Tax Series: America’s Road to Prosperity Part 3: Bringing Jobs Back to America

THE FAIRTAX SERIES: AMERICA’S ROAD TO PROSPERITY Part 3: BRINGING JOBS BACK TO AMERICA In this installment of the FAIRTAX series I want to cover the impact of jobs, particularly manufacturing jobs, coming back to the United States. When Bill Archer (R-Tex.) was the chairman of the House Ways and Means Committee, the tax writing body of Congress, he often ...

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The Fair Tax Series Part I: America’s Road to Prosperity

  I wrote a series of articles about the Fair Tax in 2011 but never got them put out.  I sent them to a few politicians but never got a response and had forgotten I wrote them until recently.  I hope they resonate with people and the Fair Tax will be implemented. A couple of years ago I began hearing ...

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Trump administration economy tracker

President-elect Donald Trump made the economy a central focus in his bid for the White House. Now that he’s won, CDN will be following his policy’s impacts on the U.S. economy. As a baseline, we’ll start with October of 2016 which should include no impacts as Trump had not yet won the election. October 2016 Pre-Election Economic Situation Employment Situation ...

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Industry giants changing foreign manufacturing plans due to Trump

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Donald Trump said he would work every day to bring manufacturing jobs back to the United States and two major makers have reportedly decided to do so even before the president-elect takes office. First, Trump met with Ford chairman Bill Ford and Mr. Ford reportedly told the president-elect that his company would not be relocating their Kentucky plant to Mexico. ...

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Best Buy and Target offering free shipping for the holidays

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Retailers Best Buy and Target are offering free shipping during the holidays for online orders. Best Buy and Target have both announced that online purchases will ship for free from Black Friday through New Year’s Day in an effort to bolster their ecommerce platforms. Offering free shipping ahead of the holiday season could help boost spending across Best Buy’s existing shopper ...

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Why Are Americans Working Fewer Hours?

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Kelly, a college student, also works full-time at a nearby grocery store. But her hours were just cut to 29 per week. Why? Because of a new regulation on employers imposed by the Affordable Care Act; a regulation harming millions of working Americans.

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Why is College So Expensive?

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Why is college tuition so high? Why are so many students in so much debt? Is it the fault of colleges, the government, or both? And can anything be done?

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How Much Money Have Humans Created? [video]

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Ever wonder how much money exists? This video compares the world’s richest people, the biggest companies, physical currency, the gold market, the stock market, global debt, and other things to give you a sense of the size of how much money actually exists.

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