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Opinion

Is it Time to Replace Powell and Yellen?
Federal Reserve Chair Jerome Powell’s recent comments indicate he will continue his string of inaccurate and wrong forecasts about the…
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Opinion

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…
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Opinion
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…
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Money & The Economy

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…
Read More » 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…
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Opinion

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…
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Opinion

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…
Read More » 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…
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Opinion

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…
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Money & The Economy

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…
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Money & The Economy

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…
Read More » 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,…
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Opinion

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…
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Money & The Economy
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…
Read More » 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…
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