us economy
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Opinion
Biden & Powell Are Vying to Become Carter & Burns
In the 1970s, inflation was increasing, federal government budget deficits were escalating, energy prices were rising, interest rates were spiking,…
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Opinion
Economists Divided on Future Economic Activity
Since the pandemic, it has been extremely difficult for economists to accurately forecast the economy. Most of the reason is…
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Opinion
The debt ceiling bill shows the country is moving back to the center
Since the 1950s, the US majority was generally moderate and leaning slightly to the right (conservative). That changed in 2008.…
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Opinion
The Solution to Inflation & Slow Growth Is Supply-Side Economics
The U.S. is currently experiencing an economic condition where both high inflation and little or no growth exist. Traditionally, these…
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Money & The Economy
Misguided DOJ Rewards America’s Problem Airlines
Economist Bruce Yandle once famously concluded that regulations are supported by two groups of people: groups that want and generally…
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Opinion
Once Again, Fed Not Aggressive Enough
The Federal Reserve raised the Federal Funds Rate by 25 basis points at its March 22 meeting. Since Chairman Jerome…
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Opinion
Federal Reserve Completely Responsible for Today’s Economic Quagmire
The Federal Reserve meets this week to decide whether to raise interest rates further after six rate increases in the…
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Opinion
Biden’s Proposed 2024 Budget Will Lead to Severe Stagflation
President Biden has proposed a budget for fiscal 2024 that increases government spending by 10% while raising $5 trillion in…
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Opinion
Biden bureaucrats may exacerbate supply chain woes
For the past several years the broken supply chain has been foremost on the minds of American voters. As an…
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Opinion
Strong July Jobs Report May Signal Mild Recession
The Bureau of Labor Statistics just reported a whopping 528,000 new jobs were added in July. That brings the unemployment rate down…
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Opinion
Inflation Soars. Stagflation & Recession Are Here Now, Too.
The U.S. government just announced that overall prices increased by 1.3% from May to June. That means inflation in the…
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Opinion
June Job Numbers Point to Mild Recession
The Bureau of Labor Statistics just released the jobs report for June. The economy added 372,000 new jobs. That kept…
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Opinion
Biden is wrong again: A recession is inevitable and so is stagflation
President Biden has recently made a one-word statement that explains his understanding of the economy today and where he…
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Money & The Economy
Inflation Pauses — But Will Get Even Hotter This Summer
The Bureau of Labor Statistics released the inflation report for the month of April on its Consumer Price Index (CPI), showing it…
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Money & The Economy
The 1.7 million workers hired in the first quarter produced negative output
Initially, the number released for economic activity in the first quarter of this year did not make sense. Total employment…
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