By creating an inflationary regime via policy (I blame Biden and his Socialist/Communist minions for this problem), the Fed’s predictable response is to start raising interest rates – a major factor for just about every small business.
Articles tagged as
Interest
It’s Not like I Haven’t Been Warning People for Decades…
I started on this kick back in the late 1990s as I became more politically aware and conscious of how politicians were always on the hunt for my wallet – and there’s nothing wrong with my sense of self-interest in protecting that private property.
Blogline of the Day – I’ve Been Saying This for a Long Time. It May Now Be Here
Which is that the INTEREST payment on our National Debt could be our largest line item in the budget: The Fed could be facing a nightmare scenario. “There is a much more worrisome scenario, however, in which US inflation remains stubbornly high, perhaps because the combination of continued tight labor markets and elevated living costs fuel … Read more
NH Received at Least $2.24 Million Per COVID19 Hospitalization – Where’d it All Go?
Last week we shared some data from Kaiser Health. In it, they reported how much states had received per COVID19 case (as of Mid-April). New Hampshire was pegged at 200,000 per incidence. But that struck me as the wrong way to look at it. The grave concern was hospitalizations, so what was the cost for that?
Coronavirus Related Federal Tax Relief
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) delivers some good news. There are things in it for individuals and businesses, including tax relief. The tax relief offered by the CARES Act is over and above the tax relief offered by the earlier Families First Coronavirus Response Act (FFCRA).
Shaheen’s 1.25 Billion in Coronavirus Money for NH Comes Up Short Compared to Vermont
Another trashbin bailout bill is making its way through congress. Democrats made fools of themselves blocking an earlier version to stuff it with unrelated left-wing garbage. But now that this sh*t show is on the road to the House Sen. Shaheen is claiming victory. Not so fast.
Spending as A Percetage of GDP 1950 – 2010
A new study from the St. Louis Fed has provided us with this nifty graph. The Graph below shows spending by major categories as a percentage of GDP. Some may find this surprising.
There are more charts at the link, also here at Hot Air. Take particular note of the graphs on revenue and spending relative to GDP and Government Spending by category. (Follow the link for those.)
You will also find that since the new progressive era began (Bush I, Clinton, Bush II, Obama) that mandatory government spending (as opposed to discretionary) appears to be our biggest driver of debt. (Big Gubmint doin’ too much.)
