Economy

For years, California has received extensive press coverage for its high cost of living and the most expensive electricity and fuel prices in America. California’s increasingly high cost of living, housing, and transportation, coupled with an increase in crime, smash-and-grab robberies, homelessness, pollution, and congestion, has caused many people and companies to relocate to more […]

Listening to our politicians talk about increasing capital gains taxes makes one wonder whether these politicians and their economic advisors do not understand modern economics and finance, or whether they just hope that education in these fields is so poor that most people do not understand what is going on. Modern capital gains taxes are […]

Inflation is a top concern of voters. Yet economists generally argue that the costs of inflation are exaggerated. Can we reconcile these views? To begin, inflation as measured by the Consumer Price Index (CPI) has fallen significantly since hitting 9.1 percent in June 2022. Inflation was 7 percent for all of 2022 but only 2.9 […]

Whether the rich pay their fair share of taxes remains contentious.  Regardless of your position on this, accurate numbers on the rich’s current tax burden should inform this discussion. I will consider percentages of Federal individual income tax revenue from Tax Foundation analysis of IRS data.  These numbers are sometimes inaccurately described as of all […]

More than six in 10 Americans who are familiar with ESG scores support blocking financial institutions from using them.

As of now, the federal government has an absolutely mind-boggling $217 trillion in total unfunded liabilities on the books.

The reality is that in Biden’s America, most Americans are not in good economic shape and most Americans have no money to spend on anything but the bare necessities.

It is ironic that Biden is so wildly out of touch with the struggles of everyday Americans, considering that he constantly portrays himself as someone especially attuned to blue collar America.

From grocery stores to fast-food restaurants and just about everywhere in between, Americans are being hit hard by ever rising prices due to Biden’s reckless spending.

Because CBDCs are digital and controllable by a centralized authority, they can be embedded with features that allow governments, banks, or other authorized institutions to monitor what people are purchasing with CBDCs, or prevent purchases from occurring altogether.

As the U.S. government pursues protectionist policies toward the Chinese and other countries, this narrows the opportunities for Musk and other entrepreneurs to launch new EV technologies and innovations.

As the first step in Social Security reform, Congress needs to provide all Americans a framework for how benefit reductions might work in the case of insolvency so that they can plan as individuals.

Until Congress and the president get serious about decreasing the burden of government on the nation’s productive people, America’s long-term economic prospects will continue to decline.

The overriding reason that those in the working class actually got ahead during the Trump years is simple: inflation remained low and incomes rose, resulting in households having more disposable income and a decrease in poverty rates. Under Biden, the utter reverse has taken place.

The Great Taking refers to a decades-long plan by a cast of characters hellbent on ensuring that the entire economic game is rigged so much in their favor that they win under practically any and all circumstances.

Government spending, hiring, and mandates reduce the connection between GDP and satisfaction.  Economic growth in 2023 surprised many economists, but 2.5 percent probably overstates the growth in prosperity.

In case you’ve been living under a rock, BlackRock is an extremely well-heeled (to the tune of $10 trillion in assets under management) and well-connected financial behemoth that has been running roughshod for far too long.

Never should the name “Joe Biden” and the words “fiscal responsibility” be used in the same sentence.

The point is that a system like the one that has been created, wherein big banks can use customers’ assets to make risky bets in the derivatives markets and then jump to the front of the line in the event of a financial collapse, is a system that is rotten to the core.

Incredibly, for the citizens of Minnesota, it could soon be against the law to paint a wall, ceiling, or anything else for that matter inside one’s own home without a licensed painter present. And, if the bill is passed as currently written, it would be illegal for unlicensed painters to purchase solvent-based paints in quantities larger than a gallon.

Let’s analyze the global situation logically and logistically, shall we? Russia is simply NOT a geopolitical threat.

Incorporating fiscal rules in the U.S. Constitution would give citizens a voice in fiscal policy and prevent legislators from behaving in a fiscally irresponsible manner.

The Uniparty in Congress is once again engaged in its recurring haggling over how to avoid a government shutdown, with the next deadline set to arrive in a matter of days.

I’m a Reagan Republican. But I don’t think my lens is dirty. It’s time to retire the payroll number.