Articles tagged as

Economy

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Parade of Bankruptcies and Closures

You can tell when you’ve got a Democrat President in a bad economy. You don’t hear that much about the rise ein bankruptcies and stores going out of business. There have been a lot of them. The response to the Wuhan Flu killed off a lot of businesses, as did the harm done to the … Read more

Trump and Harris Ignore a Great Danger Facing America

The Penn Wharton Budget Model, a think tank headquartered at the University of Pennsylvania, recently released a study claiming former President Donald Trump’s economic plans would add about four trillion dollars to the national deficit over ten years while Vice President Kamala Harris’s economic plans would add about two trillion dollars.Vice President Harris would increase … Read more

State Agency Wants More Money – Give Them Less to Do Instead

New Hampshire Fish and Game has a problem you’ll be familiar with. Things are getting more expensive, and (no coincidence) fishing and hunting license sales have fallen off. The Fishy Game folks don’t think they’ll have enough money to do everything they do. Okay, do less? That’s what we have to do. We, the People, … Read more

Economy

UNH Poll Analysis: Some Democrats are More Equal than Others

The University of New Hampshire released a poll (The Green Mountain State Poll) on how Vermonters feel about the economy, taxes, and the high cost of living. While an overwhelming majority of Republicans think it stinks and is getting worse, and a majority of Independents tend to agree, 25% of Democrats said, “Nah, things are … Read more

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

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?

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 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 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

The Fed Debt Federal Reserve Photo by Karolina Grabowska: https://www.pexels.com/photo/eagle-printed-on-bill-of-america-4386151/

Donald Trump Does Not Know the ‘Correct’ Interest Rate

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

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

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

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

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New Employment Numbers Say Recession Is Here

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

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Last Week’s Economic Numbers Hint At The Real Story

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

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

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

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

No, Corporate Profits Don’t Cause Inflation

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

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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