Michael Busler

Inflation Soars. Stagflation & Recession Are Here Now, Too.

The U.S. government just announced that overall prices increased by 1.3% from May to June. That means inflation in the…

4 years ago

June Job Numbers Point to Mild Recession

The Bureau of Labor Statistics just released the jobs report for June. The economy added 372,000 new jobs. That kept…

4 years ago

Latest data shows economy in recession with stagflation

The first estimate for GDP growth in the second quarter of this year, will be available on July 28.  If…

4 years ago

Newsom’s handouts: Economically Bad, Socially Not so Bad

Recently California Governor Gavin Newsom said he wants to give up to $1,050 to about 23 million Californians in the form of…

4 years ago

Tort litigation costly to business and consumers

American business is suffering under a torrent of tort litigation. According to one estimate from the U.S. Chamber Institute for…

4 years ago

Yellen wrong again. Recession is inevitable and may be here now

A couple of weeks ago, Secretary of the Treasury Janet Yellen admitted she was wrong last year when she said…

4 years ago

Fed raises rates by 75 basis points. Here comes stagflation.

After more than a year of delay, the Federal Reserve finally looks like it is serious about reducing inflation.  The…

4 years ago

An Easy-to-understand Explanation for High Inflation and How to Fix It

Inflation has soared to a 40-year high, reaching 8.6 percent last month. While economists and government officials have given numerous…

4 years ago

Inflation Soars to 8.6%. The Worst is Yet to Come.

The Bureau of Labor Statistics just released the Consumer Price Index (CPI) for May. Consumer prices increased a whopping 1%. That raises…

4 years ago

Yellen Wrong on so Many Things

Secretary of the Treasury Janet Yellen has been on a media apology tour admitting that she was wrong last year when she…

4 years ago

Individual responsibility versus social responsibility

Regarding the economy, one of the basic philosophical differences between the Liberals and Conservatives concerns responsibility. Conservatives favor individual responsibility,…

4 years ago

Biden is wrong again: A recession is inevitable and so is stagflation

  President Biden has recently made a one-word statement that explains his understanding of the economy today and where he…

4 years ago

Target and Walmart Earnings Signal Coming Recession

Both Target and Walmart, two of the nation’s largest retailers, released their financial data for their first quarter. Both had large decreases…

4 years ago

Biden vs. Bezos -Higher taxes on the wealthy will make inflation worse

Recently, in the back-and-forth exchange between the Biden Administration and Amazon CEO Jeff Bezos, Biden said he wants to raise…

4 years ago

Inflation Pauses — But Will Get Even Hotter This Summer

The Bureau of Labor Statistics released the inflation report for the month of April on its Consumer Price Index (CPI), showing it…

4 years ago