us economy
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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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Opinion
Price Gouging is a Myth
President Biden as well as other Democrats in Congress say that the increase in the price of gasoline is due to oil…
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The numbers indicate a coming recession
The Bureau of Labor Statistics just released its jobs report for March. It said total employment increased by 431,000. That means that for…
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Opinion
Billionaire Tax is Wrong, Unfair and Counter-Productive
President Biden has just released his proposal for the Federal government’s budget for fiscal year 2023. In spite of an…
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Money & The Economy
Fed’s Slow Pace on Interest Rate Hikes Will Lead to More Inflation and Then Recession
At their March meeting, the Federal Reserve decided to raise interest rates a meager 0.25 percent. That hike will do…
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Money & The Economy
Oil and Gas Prices Have Peaked, But Inflation Will Continue
The good news is that oil and gas prices have peaked. The bad news is that inflation will continue to…
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Money & The Economy
Inflation at 7.9% — But the Worst Is Yet to Come
The Bureau of Labor Statistics just released the Consumer Price Index (CPI) for February. Prices rose by 0.8% for the…
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Opinion
Energy, inflation, Putin — here’s a solution to three problems
It is interesting to note the relationship between energy prices, overall inflation and Mr. Putin’s aggression. Unless there is an…
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Money & The Economy
February Jobs Report Shows Fed Must Act Aggressively
Recently released data indicates that the US economy added 678,000 jobs in February. That strong number would be great news if it…
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Money & The Economy
Yikes! Blame the Biden Administration for 7.5% Inflation
This is starting to sound like a broken record. Time and again, in my columns for the last 10 months, I’ve…
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Money & The Economy
Latest Data Confirms – The Economy is Overheated
The Bureau of Economic Analysis (BEA) just released the first estimate for real GDP growth for the fourth quarter of…
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Opinion
In Biden’s America, Citizens Live in Fear
During Joe Biden’s first year in office, America’s demeanor has changed dramatically from the optimism characteristic of the prior administration…
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Money & The Economy
Build Back Better will balloon the Public Debt and lead to more inflation
President Biden is urging the Senate to pass the Build Back Better (BBB) massive spending bill that has already passed…
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