By Robert Romano The U.S. economy contracted a record-setting, inflation-adjusted, annualized 32.9 percent in the second quarter of 2020 according to the latest …
The State With the Greediest Politicians, Part II
by Dan Mitchell Yesterday, in Part I of our series about greedy state politicians, we looked at top income tax rates. The worst …
Where Have All the Coins Gone?
By William J. Luther “If you put the federal government in charge of the Sahara Desert,” the economist Milton Friedman once quipped, …
Miss free checking accounts? Blame Dodd-Frank, the Durbin amendment and the Fed.
By Robert Romano Remember free checking accounts? In 2009, 76 percent of banks used to offer free checking accounts to their …
Massive Inflation May Be Coming, Because the US Government Has Cornered Itself into a Fiscal End Game
By Antony Davies and James R. Harrigan, FEE Years of deficit spending has made monetary policy a slave to fiscal …
The fastest-growing cities in the U.S.
Recently released data from the U.S. Census Bureau shows that population growth in the U.S. has reached its lowest level …
Five Threats to China’s Prosperity
s obviously is bad news, but I repeated my long-held view in this interview that excessive government intervention is the greatest threat to China’s …
Taxes Will Be a Royal Pain for Meghan and Harry
I’m part of the small minority that thinks the big news from the United Kingdom is that “Brexit” will finally …
New York vs. Florida, Round #3
I looked last year at how Florida was out-competing New York in the battle to attract successful taxpayers, and then followed up …
2020 Copyright expirations!
Check out this page for more details. But expect to hear a lot of versions of George Gershwin’s “Rhapsody in …
How to protect your most valuable asset
How to pick the right homeowners insurance (BPT) – If you’re like many Americans, your home may be your most …
America’s Record Middle-Class Earnings Exposes the ‘Imaginary Hobgoblin’ of Income Inequality
Americans are, by and large, more prosperous than they’ve ever been without being noticeably less equal. The Census Bureau released …
Talking Point: Bring back bankruptcy for college debt
For generations, the Republican Party has struggled with the youth vote and much time has been devoted to hand-wringing over …
Facebook unveils new cryptocurrency, but there’s a creepy secret
Facebook is getting into the cryptocurrency game, embracing a technology that allows people to engage in voluntary transactions outside the …
Why a Bigger Social Security Program Would Make Us Worse Off
The truth is unavoidable: Social Security is insolvent. It’s set to run out of money to pay scheduled benefits in …
At last! “Hard Hat” Signing Day for HS leavers
Is this a sign that the pendulum is swinging back to recognizing society’s need for people who can do, not …
The House’s Retirement Savings Bill Is a Mixed Bag for Americans
Retirement savings accounts, such as 401(k)s and IRAs, are crucial for personal retirement saving. They shield investments from being taxed …
Government Programs Lure Older Workers into Idleness and Dependency
When I write about Social Security, I normally focus on the program’s huge fiscal imbalance ($44 trillion and climbing) says Dan Mitchell. …
Policing For Profit: How Civil Asset Forfeiture Has Perverted American Law Enforcement
Picture this: You’re driving home from the casino and you’ve absolutely cleaned up – to the tune of $50,000. You …
What It Takes to Become a Millionaire
What’s the difference between America’s millionaires and the rest of us? Chris Hogan, author of Everyday Millionaires, and his research …
More Evidence for Private Social Security
The world is in the middle of a dramatic demographic transition caused by increasing lifespansand falling birthrates. One consequence of …
Everything you need to know about the HARMFUL effects of FEMA and Federal Disaster Relief
by Dan Mitchell With Florence hitting the East coast, it’s time to preemptively explain how the federal government makes damage …
Government benefits you might not know about – and be entitled to
Tax filing – Earn under $54,000 or are disabled? Get help filing taxes from the IRS. If you are 60 or older, …
Scam Alert: Work from Home Business
Would you be tempted by an online business training program that promises you could earn thousands of dollars a month …
Why the U.S. is Consistently the Most Generous Nation in the World
Years ago, an MBA student of mine had immigrated from Albania after growing up under Communism. She shared with her …
Jobs for retirees
Many of us still need to work when we retire. Some for financial reasons, some for social ones. I’ve been doing …
John Locke’s 3 Tips for Raising Financially Independent Children
Compared to general life expectancy standards, my paternal grandfather died at quite a young age. I was only four when …
Jeffrey Tucker | Bitcoin and Blockchain Explained
EVERYONE is talking about Bitcoin and Blockchain, but does anyone understand how it really works? Here is a technical description, …
Couples Don’t Need Wedding Loans. They Need More Modest Weddings
I just saw this great article over on www.acculturated.com by Jennifer Graham It’s about the fashion for massive, expensive weddings. I worry …
The Equifax Breach – What every American needs to do NOW!
More from the social media stream called Reddit. This is from their you Should Know section (YSK) This thread addresses …