U.S. Economy

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…

2 months ago

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…

12 months ago

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…

1 year ago

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…

1 year ago

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…

1 year ago

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…

2 years ago

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…

2 years ago

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…

2 years ago

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…

2 years ago

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…

2 years ago

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…

2 years ago

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…

2 years ago

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…

2 years ago

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…

2 years ago

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…

3 years ago