Michael Busler

Solid 4th Quarter Leads to 2.1% GDP Growth for 2022

GDP growth in the fourth quarter of 2022 was just reported to be 2.9%. That’s down slightly from the 3.2%…

3 years ago

Public Debt — There’s No Chance of a Default

Last week the public debt reached $31.4 trillion. According to the law, that is the maximum debt the federal government…

3 years ago

Inflation, Recession & the Debt Ceiling. Oh my!

As we enter 2023, there are at least three major problems that economic policymakers will have to deal with. We…

3 years ago

Blame the US Chamber of Commerce for Woke Turn

Since Congress came back into session, much of the focus in Republican circles has centered on whether Kevin McCarthy and…

3 years ago

Inflation Reduction Act Will Stall Economic Growth

On January 1st, the provisions of the Inflation Reduction Act (IRA) will take effect. President Biden said this act will…

3 years ago

Inflation Falls in November. Let’s See How the Fed Reacts.

The Bureau of Labor Statistics just released the Consumer Price Index change for the month of November. The monthly increase…

3 years ago

In the Economic Data, Good News Is Bad News

The government just reported that third quarter gross domestic product (GDP) growth was revised upward to 2.9%. That’s solid growth…

3 years ago

Dems and GOP are really separated by views on freedom and responsibility

The divide between the Democrats and the Republicans is deeper now than at most times in history. Often it seems…

3 years ago

Fed Funds Rate Must Reach at Least 6% to Curb Inflation

Since June, the Federal Reserve has raised interest by 75 basis points four times. In recent history, this is an…

3 years ago

What Will it Take to Finally Reduce Inflation?

The GOP has regained control of the House of Representatives and has promised to reduce inflation. So far, they are…

3 years ago

In New Jersey, misguided climate lawsuits could harm state economy

As the chapter closes on another Atlantic hurricane season, we are reminded how severe weather events have increasingly become serious…

3 years ago

Inflation Eases — But Problems Lie Ahead

The Bureau of Labor Statistics just released the Consumer Price Index (CPI) number for October. The CPI increased by 0.4%…

3 years ago

Policy Produces Rare Coup

In a rare and perhaps unprecedented accomplishment in modern times, a Republican statewide political candidate earned the endorsement of every major…

3 years ago

Fed Makes Another Jumbo Hike. More Aggressive Hikes to Come.

The Federal Reserve just raised interest rates another 75 basis points This follows increases of 25 basis points in March,…

3 years ago

GOP is right: Social security and Medicare must be saved

Recently Congressman Steve Scalise was asked about the GOP plan for Social Security and Medicare. He defended the GOP position…

3 years ago