Thanks to Jon Miltimore, Editor at Large of FEE.org at the Foundation for Economic Education. Reproduced with permission. If you …
In One Story, Everything You Need to Know About Washington Waste and Incompetence
The burden of government is expanding because of Joe Biden’s three most-notable legislative “accomplishments.” Today, let’s focus on the third item so …
Will Trump support this radical tax change to protect American small businesses?
There should be no corporate tax for small businesses that employ only American citizens or legal residents There is an …
Should the US Congress Audit the Federal Reserve?
The Federal Reserve system, including its twelve regional district banks that issue our US currency, is a creature of Congress, …
Inflation ticked up in February – How bad is it?
Consumer inflation ticked up 0.4 percent in February to an annual rate of 3.2 percent amid a jump in oil, …
The Government is lying in plain sight here…
Blah, blah, blah… WASHINGTON (AP) — America’s employers delivered another healthy month of hiring in February, adding a surprising 275,000 …
Pathetic Bias from the Washington Post
Every so often, I can’t resist pointing out extreme examples of media bias. Washington Post New York Times Reuters Time ABC Associated …
The Practical Case Against Higher Taxes
As clearly shown by the Congressional Budget Office, America’s long-run fiscal challenge is an ever-growing burden of federal spending. Particularly entitlement programs. Moreover, because the …
Remember how America used to be wealthy? This needs to happen to get back to that.
Both chambers of Congress are locked in fierce battles over spending legislation. A “supplemental” package has found bipartisan support in the Senate …
It’s Time for Congress to Open Ivy League’s Books
https://www.tabletmag.com/sections/news/articles/congress-open-harvard-books Rep. Kevin Kiley (R-CA) cited our findings during his floor speech to the House of Representatives: Last week the presidents …
Only econ nerds will be interested in this free book…
I was stumble around the internet and found this interesting free downloadable book which reviews the notion of central banking …
Government Debt – It’s different this time because of new factor
11.7.23: We’re about six weeks into fiscal year 2024, but if this year looks anything like last year, we can …
Bidenomics is taking its toll on Biden 2024
Drops in inflation-adjusted compensation and wages preceded the losses of Harry Truman in 1952, who opted not to run, Gerald Ford in …
The Fed: “We’re gonna need a big graph”
Once upon a time the Fed made profits and sent those profits to the US Treasury. It was usually billions …
No, We Cannot Afford to Fund Yet Another War
In a 60 Minutes interview over the weekend, host Scott Pelley asked President Joe Biden, “Are the wars in Israel …
Bidenomics Grade: F
HOW IT STARTED Move over, Reaganomics. President Joe Biden is attempting to usher in the era of “Bidenomics.” This economic …
Why China’s Electric Vehicle Subsidies Failed
China’s massive government subsidies of electric vehicles has been a disaster yet the Biden Administration is adopting the same failed …
RECESSION SIGNAL: WATCH TEMP JOBS
The prevailing orthodoxy among many observers of the economy right now is that the job market remains tight, and therefore …
Don’t believe Biden on inflation – Here’s the truth
ECONOMYNEWS ‘Very Little Keeping Down Prices Going Forward,’ Economist Says After Inflation Report Released An economist says “[a]s long as the Treasury …
What does the US credit downgrade mean?
Summary: Fitch Ratings downgraded the U.S. government’s credit rating from “AAA” to “AA+” on Tuesday, a signal that the agency no longer has …
Poland’s Recovery from Socialism
I was surprised to learn last year that Poland’s economy has out-performed China’s economy over the past three decades. Given the way free …
The Government versus the People, Kamala Harris Version
It is no surprise to libertarians that what is in the interest of the government might not be in the …
Inflation down but we’re sure not out of the woods yet
Inflation over the past 12 months has crashed to 3 percent in June according to the latest data from the Bureau …
What’s Wrong and What’s Right With Debt Ceiling Deal
President Joe Biden and Speaker Kevin McCarthy, R-Calif., announced a debt limit deal Saturday, with a vote expected Wednesday in the House of …
How to Make Sure the Housing Shortage Worsens
Failed attempts to implement rent control remind us there is really only one way to lower housing prices when there …
Are Food and Energy Excluded from Inflation Measures?
This week for Ask an Economist, I have another question from Dr. Overfield. His question is: “I would like to …
California says “screw it” and defaults
“The state should have taken care of the loans with the COVID money it received from the government in 2021,” …
The case for abolishing the minimum wage
Eighteen states impose minimum wages higher than the federal minimum of $7.25 an hour. Among the states, California’s $12 an …
You won’t believe how much interest is owed on the National Debt!
Gross interest owed on the $31.4 trillion national debt—that is, interest owed on both the $24.9 trillion publicly traded debt and …
HAPPENING: The Collapse of the Dollar Empire
The Soviet empire started to crumble around 1989. The time period between the forming of the North Atlantic Treaty Organization …