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 …
The State With the Greediest Politicians, Part I
by Dan Mitchell When considering which state has the greediest politicians, the flippant (but understandable) answer is to say “all of them.” …
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 …
Options trader says COVID-19 market isn’t so bad
Mike Nelson has been trading for years upon years. Though he has never seen anything like COVID-19, he says it …
Deflation is here, and it is a real threat to any economic recovery from the virus
The price of a barrel of oil briefly fell below zero dollars this week, demonstrating clearly what happens when there is no …
Is This Country a Good Option for People Seeking a Better Future?
I’ve been in Panama with some friends for the past two weeks, in part to enjoy warm sunshine. But I’m …
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 Best and Worst States for Taxes (and therefore Jobs)
Following their recent assessment of the best and worst countries, the Tax Foundation has published its annual State Business Tax Climate Index, which …
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 …
VIDEO: Jury refuses to convict man who won’t pay taxes
An Oregon jury deadlocked on whether to convict a Christian man who hasn’t paid taxes in 20 years, resulting in …
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’s Libra Technology Could Be Used To Create A World Of Ultimate Surveillance For Profit
While Facebook is struggling to maintain it’s image as they censor and ban people for dissent and share your private …
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 …
A Tribute to Art Laffer
On June 19th, President Trump awarded economist Art Laffer, creator of the Laffer Curve made famous under President Reagan, the …
How To Buy Precious Metals: Simple Precious Metals Buying Guide For “Insurance”
While some people invest in precious metals as an investment, preppers tend to look at is as a useful currency …
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 …
Six reasons why the Capital Gains Tax should be abolished
President Kennedy’s tax rate reductions were a big success. Sadly, very few modern Democrats share JFK’s zeal for pro-growth tax policy. …
New Houses Are Getting Smaller — But They’re Still Much Larger Than What Your Grandparents Had
The average square footage in new single-family houses has been declining since 2015. House sizes tend to fall just during …
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 …