Michael Busler

The 1.7 million workers hired in the first quarter produced negative output

Initially, the number released for economic activity in the first quarter of this year did not make sense. Total employment…

4 years ago

Fed Action, Once Again, Way Too Little & Way Too Late

At its May 4 meeting, the Fed decided to raise the Federal Funds rate by half a percentage point, or 50 basis…

4 years ago

What! A free-market economist who supports tariffs?

Free market economists have always favored free trade. That means there are no quotas or tariffs imposed by any country…

4 years ago

Welcome to the Biden Stagflation

The Bureau of Economic Analysis just released its estimate for GDP growth in the first quarter of 2022. Real GDP declined at an…

4 years ago

Price Gouging is a Myth

President Biden as well as other Democrats in Congress say that the increase in the price of gasoline is due to oil…

4 years ago

Inflation Soars in March. Even Higher Inflation Coming.

The Bureau of Labor Statistics just released the monthly change in the Consumer Price Index (CPI) for March. The CPI increased by…

4 years ago

The numbers indicate a coming recession

The Bureau of Labor Statistics just released its jobs report for March.  It said total employment increased by 431,000.  That means that for…

4 years ago

Biden’s Gas Policy? Right Idea, Wrong Action

President Biden announced that he will release one million barrels of oil from the strategic reserve each day for the…

4 years ago

Billionaire Tax is Wrong, Unfair and Counter-Productive

President Biden has just released his proposal for the Federal government’s budget for fiscal year 2023. In spite of an…

4 years ago

Consolidation Key to Shoring Up America’s Hospitals

America may finally be emerging from its long COVID-19 winter as the omicron variant wanes, but the healthcare industry has…

5 years ago

Fed’s Slow Pace on Interest Rate Hikes Will Lead to More Inflation and Then Recession

At their March meeting, the Federal Reserve decided to raise interest rates a meager 0.25 percent. That hike will do…

5 years ago

Oil and Gas Prices Have Peaked, But Inflation Will Continue

The good news is that oil and gas prices have peaked. The bad news is that inflation will continue to…

5 years ago

Inflation at 7.9% — But the Worst Is Yet to Come

The Bureau of Labor Statistics just released the Consumer Price Index (CPI) for February. Prices rose by 0.8% for the…

5 years ago

Energy, inflation, Putin — here’s a solution to three problems

It is interesting to note the relationship between energy prices, overall inflation and Mr. Putin’s aggression. Unless there is an…

5 years ago

February Jobs Report Shows Fed Must Act Aggressively

Recently released data indicates that the US economy added 678,000 jobs in February. That strong number would be great news if it…

5 years ago