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Opinion

Secretary Yellen Looks to Be Wrong Again
Treasury Secretary Janet Yellen recently talked about the progress that the Biden administration and the Federal Reserve have made toward…
Read More » Airline mergers will improve efficiency and benefit consumers
JetBlue Airways wants to buy Spirit Airlines. Alaska Airlines wants to buy Hawaiian Airlines. Both deals must be approved by…
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Opinion

Despite Rhetoric, Inflation Remains a Major Problem
The good news is that the annual inflation rate has fallen from a peak of 9.1% in June 2022 to…
Read More » Is Romney/Manchin a Winning Ticket?
There are apparently many Americans who don’t want either political party frontrunner to be president. A recent NPR-Marist poll found 65%…
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Opinion

House Israel Aid Equipped With a Funding Source
The House of Representatives recently passed a bill to provide $14.3 billion in federal aid to Israel. Usually spending bills…
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Opinion
The Fed’s Shockingly Irresponsible Interest Rate Pause
For the second consecutive meeting, the Federal Reserve has decided to hold interest rates constant. Just as it did in…
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Opinion

UAW Deal Cements Wage-Price Spiral
As noted in a prior column, the country has started to experience the beginning of the dreaded wage-price spiral. This one,…
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Opinion
Biden & Powell Are Vying to Become Carter & Burns
In the 1970s, inflation was increasing, federal government budget deficits were escalating, energy prices were rising, interest rates were spiking,…
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Opinion

Latest CPI Proves Inflation Fight Must March On
The September consumer price index (CPI) number indicated that the annual inflation rate was 3.7%. This is the same annual…
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Opinion

The Dreaded Wage-Price Spiral Has Already Begun
Perhaps the biggest fear about allowing inflation to linger, which the Federal Reserve has done by pausing interest rate hikes,…
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Opinion

Trump’s Fraud Conviction Is Bogus
Last week, a New York judge allowed a summary judgment effectively saying that Donald Trump, his family, and his organization…
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Opinion
Fed’s Rate Pause Contributes to Harmful Inflation Psychology
Once again, the Fed has eased up on its restrictive monetary policy too soon. Late last year the Fed stopped…
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Opinion

The UAW’s Ridiculous Demands
The United Auto Workers have begun to strike all three of the major domestic automobile producers. They are seeking a…
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Opinion

Coming: higher inflation, higher interest rates, labor strikes, wage/price spiral
On Wednesday, the Consumer Price Index for August will be released. It will show a significant increase in inflation, perhaps…
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Opinion
Latest data points to September interest rate hike
The Federal Reserve’s Open Market Committee will meet again later this month. The popular belief is that the Fed will…
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