U.S. Economy
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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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Thanks, GOP. Don’t get out of the way of the Biden spending and taxing disaster
“Get out of the way,” President Biden urged. He says if the Republicans are not willing to work with the…
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The Debt Ceiling, Massive Spending, Higher Taxes….Now What?
It is a very interesting time for the government’s fiscal policy. The federal government has hit the maximum limit for…
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The Busler Single Rate Tax Plan Ensures All Americans Pay Their “Fair Share”
President Biden wants to finance his huge spending plans by raising taxes mostly on the highest income earners. He argues…
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Inflation pauses in August, but it will accelerate as Covid cases decline
The Bureau of Labor Statistics just released the Consumer Price Index (CPI) for August. The number was .3%, which is the smallest…
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Raising the Debt Ceiling Will Be Washington’s Next Big Fight
For 55 of the last 59 years, the federal government has spent more money than the revenue it has raised.…
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Biden Still Doesn’t Get It on Jobs, Business Growth, and Tax Impacts
According to the U.S. Bureau of Labor Statistics (BLS), the U.S. economy added 235,000 jobs last month. This figure was…
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The Fed Should Take Action at Jackson Hole to Reduce Inflation
This week, the Federal Reserve (Fed) will meet for its annual symposium at Jackson Hole, Wyoming. This symposium is sponsored…
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July inflation number shows supply chain disruptions are not the cause
The Bureau of Labor Statistics just released the Consumer Price Index (CPI) for the month of July. The .5% increase in consumer…
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How Much Public Debt Is Too Much?
The federal government has been on a two-year spending spree. Last year, it spent $3 trillion more than it collected…
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Based on July Jobs Report No More Stimulus is Needed
The Bureau of Labor Statistics just reported very strong job growth for July. The economy created a whopping 943,000 new…
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Opinion
Trump Is Right: Senators Should Vote No on the Infrastructure Bill
While debate continues on the infrastructure bill currently before the Senate, it looks like some version of the bill will…
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GDP grows at a 6.5% annual rate in the second quarter. That’s good, but…
According to the Bureau of Economic Analysis (BEA) first estimate of GDP growth, the economy grew 1.6% in the second…
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Biden’s Wrong Again: His Massive Infrastructure Plan Will Increase Inflation
During his recent, somewhat confusing CNN town hall, President Biden claimed that his multi-trillion dollar infrastructure spending packages will “reduce inflation.” Unfortunately…
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The Ugly Nastiness of Long-Term Inflation.
Since the country has not experienced the ugly nastiness of long-term inflation in more than four decades, the majority of…
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