Articles tagged as

Economy

The Fed’s Fiat Money Is the Real Cause of Price Inflation

by Tom Mullen

During election years, incumbent presidents are routinely blamed for every societal ill during the previous four years. And almost nothing is riper for the picking than a significant rise in consumer prices. According to the Bureau of Labor Statistics (BLS), prices are currently increasing at a rate of 3 percent year over year and peaked … Read more

Are Democrats Seeding Higher Inflation to Boost Election Prospects?

by John Klar

Human dreams of predicting the future have a special playground in forecasts of market prices. Whether the market is tulips, pork bellies, stocks, real estate, or cryptocurrency, the urge to know the future direction of the economy is as ancient as bartering. A question facing Americans in 2024 is whether that desire to influence the … Read more

Empty Pant Suit, Unfit To Lead

by Op-Ed

By Marc Abear – During a campaign stop in Pennsylvania, Kamala was asked to “…explain how you are going to pay for those [programs]. And can you give us a sense of what other policies you want to unveil moving forward?”  Harris ignored the question and dove into another word salad. “Sure, well, I mean, … Read more

Kamala’s Plan to Ruin America’s Economy

by Op-Ed

By Daniel Lacalle | Mises Wire – Price controls, higher taxes, government intervention, and subsidies paid for by printing a constantly devalued currency. These are the essential pillars of “21st century socialism” and the radical left Peronism that obliterated Argentina. These are also the main elements of the economic plan presented by Kamala Harris and the Democratic … Read more

Donald Trump Does Not Know the ‘Correct’ Interest Rate

by Op-Ed

By Ron Paul | Ron Paul Institute – Former President and current Republican Presidential Nominee Donald Trump recently renewed his criticisms of the Federal Reserve. He suggested that, if he returns to the White House next year, he will push Congress to pass legislation giving the president at least a say in the Fed’s decisions … Read more

Kamala Harris

Comrade Kamala, Where Have You Been For 1,305 Days

by Ray Cardello

Kamala Harris has been the Second Chair for Joe Biden since January 20, 2021. That is 1,305 days since she and Joe Biden put one hand on the Bible and the other on the throats of Americans. Kamala Harris has pledged unconditional support for the Joe Biden plan for America for nearly four years. After … Read more

Now THIS Is Weird

by Steve MacDonald

Democrats think JD Vance is weird—I mean, really weird. And what started with Vance has since been attached—by the chattering class propagandist punditry—to the Trump campaign and Republicans in general. It is a 2024 version of deplorable, with a whimsical twist. But is it any less offensive, and does it open them up to attack? … Read more

Recession financial downturn economy

New Employment Numbers Say Recession Is Here

by Op-Ed

According to the most recent report from the federal government’s Bureau of Labor Statistics, the US economy added 114,000 jobs (according to the establishment survey) during July. This was a lackluster number that came in below expectations, and it wasn’t enough to prevent a surge in the unemployment rate up to 4.3 percent. Moreover, the “underemployment” … Read more

downward finances banks failures down economy

Last Week’s Economic Numbers Hint At The Real Story

by Ray Cardello

If you ask anyone outside the Biden Administration if Bidenomics works for them, you will probably get a Hell No response. Biden and now, Harris think if they tell us often enough that this economy is the strongest in years and we just need to understand it to appreciate it, it will become a reality. … Read more

Republican Platform Ignores Real Causes of Inflation

by Op-Ed

The 2024 Republican platform promises that, if Donald Trump returns to the White House and Republicans gain complete control of Congress, they will reduce inflation. The platform contains some proposals, such as reducing regulations and extending the 2017 tax reductions, that may help lower prices in some sectors and spur economic growth. However, the GOP … Read more

Our Financial Situation

by Op-Ed

Federal Reserve Chairman Jerome Powell is close to being forced to restart money printing despite the presence of inflation.  JP Morgan CEO Jamie Dimon warns; inflation driven by massive federal deficits will stay higher for longer than markets expect.  He notes inflation may keep interest rates up.  High interest rates harm smaller companies; keep mortgage … Read more

NH Poverty and Food Insecurity Research Misses The Mark

by Steve MacDonald

I’ve never been overly fond of the New Hampshire Fiscal Policy Institute’s (NHFPI) research, but sometimes, you find a helpful nugget. Take this February 2024 report on “Poverty and Food Insecurity in New Hampshire During and Following the COVID-19 Crisis.” It is a lot of words and charts divining who is having trouble living comfortably … Read more

Recession financial downturn economy

Art Thou Better Off Now Than During That Not So Bygone Age of Trump?

by Skip

Time to revisit another old political saw. It’s a classic. Are you better off now than (insert time period here)? In this case, now as opposed to before Biden. And if you won the Lottery, yes, you most likely are. For the rest of us mortals, not so much. 

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Are You Doing Better Under Biden or Was It Better Under Trump?

by Skip

Inflation is the hidden tax placed upon us all by the Government. They pay their debts (OUR debts, technically) with cheaper money while OUR expenses go way up. For instance:

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No, Corporate Profits Don’t Cause Inflation

by Op-Ed

The Guardian reported, A new report claims “resounding evidence” shows that high corporate profits are a main driver of ongoing inflation, and companies continue to keep prices high even as their inflationary costs drop. The report, compiled by the progressive Groundwork Collaborative think tank, found corporate profits accounted for about 53% of inflation during last year’s second … Read more

Gas Can

When Gasoline is $100 per Gallon

by John Klar

It is a mathematical fact that gasoline in the U.S. will eventually rise to $100 for a gallon (perhaps $130 for those interested in higher octane). This is not fear-mongering but basic arithmetic and economics.  Here’s why.

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Night Cap: Social Justice Inflation — Is that the plan?

by John Klar

This is an older article, reprinted here because it is even more relevant that in 2021. But also, when people “forecast” the future — whether meteorologists, fortune-tellers, stockbrokers, or lawyers drafting contracts, the proof is in the pudding: were they accurate?

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Lens focus

Do Not Lose Focus On The Border And Economy

by Ray Cardello

There is so much going on in D.C., not just with Joe Biden and the Misfit Toys. Things are explosive on the Hill, and even the Supreme Court is chipping in. And don’t forget the fabricated farce of a trial in New York where the poor excuse of a D.A., Alvin Bragg, has been assigned the task of keeping Donald Trump off the campaign trail for six to eight weeks.

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“Well, That’s Just Not The Case”, Says Hakeem Jeffries

by Ray Cardello

Norah O’Donnell challenged Hakeem Jeffries, saying that 2/3 of America believed the economy was better under Donald Trump. “Well, that’s just not the case,” says Hakeem Jeffries. We (the Democrats) have to do a better job of educating the American people. They are wrong, and the economy is much more robust than four years ago.

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Bananas: Governor Scott Hires Ted Lasso To Save Economy

by Johnny Bananas (Fake News Reporter!)

After seeing his state holding down the second worst spot in the country for economic prospects Governor Scott reached out to coach extraordinaire Ted Lasso in hopes he can work his magic to turn around Vermont’s bleak future.

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