Michael Busler

Economists Deeply Divided When Asked About Future Inflation

Because of obvious uncertainty. forecasting future activity is always tricky. Usually, forecasters look to the past, noting previous outcomes when…

5 years ago

Inflation Up Again in May. The Worst Is Yet to Come.

The Commerce Department recently reported that the consumer price index (CPI) increased by .6% in May. That means prices have risen…

5 years ago

The simple and fair solution to having wealthy Americans pay their fair share

A recent report from Propublica, indicated that some of the wealthiest Americans paid little or no federal income taxes in certain…

5 years ago

Tepid Job Growth in May Could Lead to Wage Inflation

The Bureau of Labor Statistics reported that 559,000 jobs were added in May. Considering there are about 8 million job…

5 years ago

Biden’s Budget is One More Biden Blunder

Aside from the blunders President Biden has made concerning the border crisis, energy policy and foreign policy, his biggest blunders…

5 years ago

Labor shortage! The real unemployment rate is probably under 4%

According to the Commerce Department, the current unemployment rate is 6.1%. That’s up slightly from the 6% rate recorded in March.  Surprisingly…

5 years ago

Fed Must Act Now: Inflation Psychology Is Building.

Since January, the inflation rate has been almost 6%. The rate has been around 2% or so for the last…

5 years ago

President Biden’s disastrous first four months

To his supporters, President Biden is doing a great job. To the rest of us, policies in his first four…

5 years ago

Inflation in April skyrockets. And it will get worse.

In spite of the somewhat positive spin that the media is trying to put on the recently released inflation rate…

5 years ago

America Should Focus on Exceptionalism Not Imperfections

Starting about 15 years ago a trend began that convinced Americans to focus on this country’s imperfections rather than its…

5 years ago

Fed’s Miscalculation of Inflation Could Be Very Costly Next Year

The Federal Reserve (Fed) continues to say that the sharp rise in the inflation rate is temporary. Inflation will subside…

5 years ago

GDP Growth Rate Shows Biden’s Spending Plans Will Overstimulate the Economy

The Commerce Department just released their estimate for economic growth in the first quarter of this year. GDP increased by…

5 years ago

Biden’s tax increases will reduce capital formation and lead to stagflation

President Biden has proposed that the capital gains tax rate be raised from the current maximum of 23.8% to over…

5 years ago

The Economy Is Set to Take Off. Inflation Will Be a Major Problem.

Although there has recently been an increase in the number of COVID-19 cases, the administered vaccines should reach 70% of…

5 years ago

March jobs numbers show that more stimulus may overheat the economy

Just released data by the Labor Department shows that more than 916,000 jobs were added in March. That means of…

5 years ago