us economy

Strong Jobs Data Means More Inflation, No Interest Rate Cuts

The U.S. economy added a whopping 303,000 jobs in March beating economists’ expectations of about 200,000 jobs. The unemployment rate…

3 weeks ago

Americans Feel Lousy in Biden’s Good Economy

President Biden cannot understand why the approval rating on his handling of the economy is so low. About two-thirds of Americans call…

2 months ago

Airline mergers will improve efficiency and benefit consumers

JetBlue Airways wants to buy Spirit Airlines. Alaska Airlines wants to buy Hawaiian Airlines. Both deals must be approved by…

5 months ago

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,…

6 months ago

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…

10 months ago

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.…

11 months ago

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…

12 months ago

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…

1 year ago

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…

1 year ago

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…

1 year ago

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…

1 year ago

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…

1 year ago

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…

2 years ago

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…

2 years ago

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…

2 years ago