U.S. Economy
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Opinion
First Quarter 1.1% GDP Growth Points to a Recession
According to the Bureau of Economic Analysis, GDP growth in the first quarter of this year was 1.1%. That’s a…
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Opinion
In the Economic Data, Good News Is Bad News
The government just reported that third quarter gross domestic product (GDP) growth was revised upward to 2.9%. That’s solid growth…
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Opinion
Fed Funds Rate Must Reach at Least 6% to Curb Inflation
Since June, the Federal Reserve has raised interest by 75 basis points four times. In recent history, this is an…
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3Q GDP Growth Positive — But Problems Loom
Recently released data indicates that the U.S. economy grew at a 2.6% rate in the third quarter of this year. That data…
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Opinion
A potential Rail strike is a result of inflation and paying people not to work
There is the potential of a strike by freight rail workers as early as Friday, September 16. This action would…
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Opinion
Finally, Fed Chair Powell Gets It Right
Although Federal Reserve Chair Jerome Powell’s comments on the Fed’s role in reducing inflation are almost a year and a…
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Money & The Economy
Consolidation Key to Shoring Up America’s Hospitals
America may finally be emerging from its long COVID-19 winter as the omicron variant wanes, but the healthcare industry has…
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Money & The Economy
Biden Must Reverse His Energy Policy Immediately
While there is general agreement in the scientific community that the world’s climate is changing, the impact of human activity…
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Money & The Economy
Biden’s Disingenuous Economic Analysis
During President Biden’s speech at the beginning of his recent press conference, he said a number of things that were…
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Money & The Economy
2022: More growth, much more inflation, much higher interest rates
When the final numbers for 2021 are in, we are likely to see that annual growth was 5.5% and the…
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Money & The Economy
Government-Inflicted Inflation Worsens In November
The Bureau of Labor Statistics just released the Consumer Price index (CPI) number for November. The CPI increased by .8% for the…
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Fed Action, Job Report, Infrastructure- a little more growth, a lot more inflation
What a week we just had. It started with the American electorate soundly rejecting the policies of the people currently…
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Opinion
Biden’s tax proposals, in the $3.5 trillion reconciliation bill, will stagnate the economy
President Biden continues to say that his $3.5 trillion spending package will add zero to the deficit. He says he…
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Pentagon Should Take Lead in Showing How to be Efficient with Taxpayer Money
Congress might want to look at saving money, instead of finding creative ways to spend it. There are a number…
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Carter 2.0: Jobs Data Shows Biden’s Economic Blunders Are Leading to Stagflation
In the 1970’s, the US economy experienced an occurrence never seen previously. There was inflation that eventually peaked at 13% while the…
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