Time to Hold the EPA to Account for Meddling in Markets
More and more, government regulations are encroaching on free markets. Generally, such actions are taken in the name of preserving…
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Opinion
Consumer Prices Rose 0.5% in January. Fed Must Get More Aggressive
The Bureau of Labor Statistics just released the Consumer Price Index for the month of January. The CPI rose 0.5% while the…
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Opinion
Latest Data Indicates Fed Must Be More Aggressive
After a shockingly irresponsible monetary policy in 2021, which greatly contributed to the record high inflation, the Fed finally realized…
Read More » A National Sales Tax is a Bad Idea. Here’s a Better One.
The Republicans recently suggested replacing Federal income taxes with a 30% sales tax on all consumption. After careful consideration, the…
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Opinion
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%…
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Opinion

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…
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Opinion

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…
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Opinion

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…
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Money & The Economy

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…
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Opinion
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…
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Opinion
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…
Read More » 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…
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Opinion
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…
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Opinion

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…
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Opinion
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…
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