Michael Busler

Inflation Inches Up in July; More Ahead

The Bureau of Labor Statistics just announced that the Consumer Price Index increased by a modest 0.2% in July. That…

3 years ago

Fitch US Credit Downgrade Should Be a Wake-Up Call

Fitch Ratings, which is one of the three major credit rating agencies, just downgraded the U.S. debt from AAA to…

3 years ago

Biden’s inflation reduction victory lap is premature

President Biden recently took a victory lap when the latest economic data indicated the inflation rate for the past year…

3 years ago

Labor Strikes Unleash Wage-Price Spiral

Two years ago, I warned that the excess demand created by massive government spending and a shockingly irresponsible expansionary monetary…

3 years ago

SAG-AFTRA strike: Are employees entitled to a share of the profit?

Employees of Hollywood production companies recently staged a strike. Initially, it was just writers and supports personnel, but then the…

3 years ago

Economists Divided on Future Economic Activity

Since the pandemic, it has been extremely difficult for economists to accurately forecast the economy. Most of the reason is…

3 years ago

Ending Affirmative Action will make the economy more efficient

The US Supreme Court recently said that Affirmative Action is no longer legal.  Affirmative Action (AA) has been used to…

3 years ago

GOP must find a middle ground on abortion

The GOP must find a common ground position on abortion that appeals, at least somewhat, to the pro-choice voters. Historically…

3 years ago

Fed’s Pause Will Allow Inflation to Linger

Starting last June, I thought the Fed had it right and was fully prepared, as they said, to make price…

3 years ago

Inflation is tame in May, but likely to accelerate. Fed must raise rates again.

According to the Bureau of Labor Statistics, the Consumer Price Index (CPI) increased by only .1% in May. For the last…

3 years ago

The debt ceiling bill shows the country is moving back to the center

Since the 1950s, the US majority was generally moderate and leaning slightly to the right (conservative). That changed in 2008.…

3 years ago

The Debt Deal Can and Should Be Passed by Congress

House Speaker Kevin McCarthy and President Biden just announced that they have reached a deal to raise the debt ceiling.…

3 years ago

Smoke at the Pentagon? Why D.C. must address market manipulation

New images of smoke billowing from the Pentagon, reportedly from an explosion, sent the stock market into a panic this past week.…

3 years ago

The Solution to Inflation & Slow Growth Is Supply-Side Economics

The U.S. is currently experiencing an economic condition where both high inflation and little or no growth exist. Traditionally, these…

3 years ago

4.9% CPI Proves Fed Must Be More Forceful in Fighting Inflation

The Bureau of Labor Statistics just released the Consumer Price Index for April. The CPI increased by 0.4%, bringing the 12-month inflation…

3 years ago